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    9100 Belvedere Road West Palm Beach, FL 33411

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    Claim this Listing
    For Lease
    $23 SF/Yr

    COMMERCIAL - West Palm Beach, FL

    Property size:
    1,248 SF
    Lot size:
    1.00 Acre
    Added:
    Apr 4, 2026
    Days on Market:
    14
    Last Refresh:
    Apr 17 at 11:06 pm

    Property Features for 9100 Belvedere Road

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Zoning
    IL (city)
    Parking
    4
    Security features
    Security Lighting
    Standard status
    Active
    APN
    72424331100011110
    Size
    1,248 SF
    Lot size
    1.00 Acre

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    ROYAL PALM BUSINESS PLAZA CONDO UNIT A111
    Tax Annual Amount
    3399

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Central
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2007
    Floors in Building
    2
    Number of units
    1
    Flooring type
    Tile - Ceramic
    Building materials
    Block, Concrete

    We can help!

    Listing Contact
    Alisa F Squillacote
    Alisa F Squillacote

    Listing agent Alisa F Squillacote License #3229049

    Listing office Keller Williams Realty - Welli 1400 Corporate Center Way Second Floor, Wellington, FL

    Listing date Apr 4, 2026

    MLS# B26011226

    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.

    Overview

    West Palm Beach Commercial Space

    This brand-new professional space features modern tile flooring, neutral finishes, and a bright open layout. The suite is designed to accommodate a variety of business needs and includes updated plumbing, electrical, and HVAC systems. The interior is freshly finished and includes one private bathroom, providing a clean, move-in ready environment. The property is located within a well-established professional plaza, offering strong visibility and signage along Belvedere Rd. It also provides convenient access to SR 7 and surrounding commercial corridors. The property is located in West Palm Beach, Florida, in Palm Beach County. The property is zoned IL (city). It has a lot size of 1 acre and a property size of 1248 square feet. The space is ideal for professional office, contractor use, call center, or light industrial operations. Uses with high parking demand, including medical or similar, are not permitted.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    JOY OF FAITH Church SaiNaam Realty & Investment, ... Real Estate Agency Margaret Salazar | Realtor ... Real Estate Agency Chad Bryan Insurance Insurance Agency Melissa Rose Garcia, ... Real Estate Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Hotel & Motel

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

    Similar Places Nearby

    • La Bayamesa - Food Truck — 1541 Belvedere Rd, West Palm Beach, FL 33401
    • Christafaro's — 1200 Clare Ave, West Palm Beach, FL 33401
    • Orqa Health — 1211 Old Okeechobee Rd, West Palm Beach, FL 33401
    • Simply Foods — 1253 Old Okeechobee Rd B9, West Palm Beach, FL 33401

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.191248
    Latitude
    26.691004

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    FAQs

    What type of property is this?
    Flex space - Move-in ready commercial space in West Palm Beach, Florida.
    Where is this flex space located?
    The property is located at 9100 Belvedere Road West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $23 SF/Yr.
    What are key features of this property?
    This property features: Brand‑new professional space featuring modern tile flooring and neutral finishes.; Bright, open layout suitable for various business needs.; Updated plumbing, electrical, and HVAC systems.
    (561) 758-2289
    We can help!
    Listing Contact
    Alisa F Squillacote
    Alisa F Squillacote
    Real Estate License ID: 3229049
    Learn More
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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