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    1050 N Congress Ave West Palm Beach, FL 33409

    For Sale
    $33,000,000

    Automotive,Commercial Condo,Special Purpose,Storage/ Warehouse,Warehouse

    Property size:
    81,992 SF
    Lot size:
    1.00 Acre
    Days on Market:
    231
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 1050 N Congress Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Property condition
    New Construction
    Standard status
    Active
    Zoning
    commercial
    APN
    00434329310010000
    Interior features
    20 foot ceilings
    Size
    81,992 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    2024
    Floors in Building
    1
    Number of units
    16
    Flooring type
    Concrete
    Building materials
    Concrete
    Architectural style
    Other

    Sutter & Nugent, INC. (561) 512-8505 [email protected]

    Listing agent James Pavlik (561) 249-7266

    Listing date Apr 28, 2025

    MLS# RX-10982832 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Palm Beach Warehouse Condos

    Located adjacent to The Hangar and within walking distance of Palm Beach International Airport, this property offers secure storage solutions for valuable assets such as wine, art, and automobile collections. The property consists of 81,992 square feet with 16 units ranging from 5,011 to 5,884 square feet. Each unit includes a private ADA-compliant restroom. Construction features solid concrete tilt walls, along with 14' x 14' Miami Dade Hurricane Rated insulated garage and pedestrian doors. The property is equipped with AI technology security and live monitoring. A state-of-the-art conference center is available, complete with a boardroom and expansive event space. Select businesses are allowed to operate within the premises with prior Association approval. The property is zoned for commercial use and situated on a 1-acre lot.
    Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    West Palm Mini Stor-It, Regency Mini Storage, Brooks Moving and Hauling, Trusted Moving and Storage LLC, All Moving USA

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.086005
    Latitude
    26.692911

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    FAQs

    What type of property is this?
    Warehouse - Secure storage condos near PBI Airport for wine, art, automobiles.
    Where is this warehouse located?
    The property is located at 1050 N Congress Ave West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $33,000,000.
    What are key features of this property?
    This property features: - Secure storage for valuable assets like wine, art, and automobiles.; - Walking distance to PBI Airport and adjacent to The Hangar.; - New construction (2024) featuring solid concrete tilt wall construction.
    (561) 249-7266
    Request Owner's contact information
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1050 N Congress Ave West Palm Beach, FL 33409
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