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    215 5Th St West Palm Beach, FL 33401

    For Lease
    $60,000

    Office/Professional - West Palm Beach, FL

    Property size:
    28,066 SF
    Lot size:
    1.00 Acre
    Days on Market:
    21
    Last Refresh:
    Dec 5 at 8:06 pm

    Property Features for 215 5Th St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    FWD-5(
    APN
    74434322120020010
    Size
    28,066 SF
    Lot size
    1.00 Acre

    Utilities

    Heating system
    Central
    Cooling system
    Central Air
    Water front features
    Waterfront
    Water front
    1

    Building Details

    Year built
    1927
    Floors in Building
    3
    Flooring type
    Other
    Roof type
    Other
    Architectural style
    Other

    Golden Bear Realty, LLC (561) 721-2626 [email protected]

    Listing agent Gray Welton (561) 721-2626

    Listing date Nov 15, 2025

    MLS# RX-11141063 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 Development Opportunity

    This property presents an opportunity to develop a lot in West Palm Beach with intracoastal views, located across from the Breakers. The city has approved development of up to 5 stories. The property includes a second structure at 606 N. Olive, which offers the possibility for rehabilitation and leasing, or redevelopment. The lot size is approximately 1 acre, equating to 28,066 square feet. The zoning is FWD-5.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Nowlen Holt & Miner: ... Accountant Baricevich Janet R ... Accountant Addison Development Group ... Custom Home Builder Peter Hall 31 Artist

    Suggested Use

    Restaurant Dental Office Spa & Massage Realty agency Hair Salon Nail Salon Daycare Center Building Supply Kitchen & Bath Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0514
    Latitude
    26.718099

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    FAQs

    What type of property is this?
    Commercial land - Prime lot for development with intracoastal views.
    Where is this commercial land located?
    The property is located at 215 5Th St West Palm Beach, FL.
    What are key features of this property?
    This property features: - Prime development opportunity on a desirable West Palm Beach lot.; - Enjoy intracoastal views from this waterfront property, located across from the Breakers.; - Versatile development potential: hotel, parking garage, retail, residential.
    (561) 721-2626
    Request Owner's contact information
    215 5Th St West Palm Beach, FL 33401
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    West Palm Beach, FL 33401
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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
    215 5Th St West Palm Beach, FL 33401
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