West Palm Beach Commercial
For Lease
Under Contract
$60,000
215 5th Street, West Palm Beach, FL 33401
COMMERCIAL - West Palm Beach, FL
Space SizeContact for details
Property Size28,066 SF
Lot Size1.00 Acre
Days on Market264
Property Features for 215 5th Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
FWD-5(
Subdivision
5420
Standard status
Active Under Contract
APN
74434322120020010
Size
28,066 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
RAILWAY ADDITION LTS 1 & 2 BLK 2
Tax Annual Amount
98455
Legal Description
RAILWAY ADDITION LTS 1 & 2 BLK 2
Building Details
Year built
1927
Floors in Building
3
Listing Agency:
Nicklaus Vance
(561) 721-2626
Listed By:
Gray Welton · License #3511144
(561) 339-7275
Added: Nov 15, 2025
Changed: Aug 4
Last Checked: Aug 6 at 10:06AM
MLS# R11141063
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This commercial land, located in West Palm Beach, Florida, presents an opportunity for development with intracoastal views. The property, situated across from the Breakers, offers possibilities for hotel, parking garage, retail, or residential development. The city has allowed up to 5 stories. The property also includes a second structure at 606 N. Olive, which could be rehabbed and leased out or developed. The lot size is approximately 1 acre, with a property size of 28066 square feet. The zoning is FWD-5.
Key Highlights
- Enjoy intracoastal views in a prime location across from the Breakers.
- Development opportunity for hotel, parking garage, retail, or residential projects.
- City approval in place for up to 5 stories.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,501
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Commercial land for rent in West Palm Beach, Florida.
Where is this commercial land located?
The property is located at 215 5th Street West Palm Beach, FL.
What is the lease rate?
The lease rate is $60,000.
What are key features of this property?
This property features: Enjoy intracoastal views in a prime location across from the Breakers.; Development opportunity for hotel, parking garage, retail, or residential projects.; City approval in place for up to 5 stories.
