100-116 South Dixie Highway West Palm Beach, FL 33401

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Listing date Feb 12, 2025

Source Expcommercial

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Investment Insights

Based on property information with market context.

Located at 100-116 South Dixie Highway in West Palm Beach, this historic building was originally constructed in 1924 and renovated in 2025. The property offers a mixed office-and-retail configuration with an approximately 90% occupancy rate, including leased office floors on Levels 2 and 3 (with only two smaller offices remaining). A new elevator was installed in 2024. Leasing activity includes a new 5-year lease with Nicos and a new 10-year lease with ManCave.

Zoned CWD-CD (Clematis Waterfront District), the asset benefits from area demand and exposure tied to downtown Clematis activity. The remarks cite nearly 4,000 residences within walking distance and approximately 40,000 people working within 1 mile. It is also described as being on a major corridor, with an estimated 15,000 cars per day traveling through Clematis St and S. Dixie, and increased seasonal Saturday traffic associated with the Green Market.

The current income run-rate is described as approximately $45,000 per month, moving to approximately $50,000 per month once the last retail bay and two smaller offices are leased.

Key Highlights

• Historic 19,765 SF building originally built in 1924, renovated in 2025
• CWD‑CD (Clematis Waterfront District) zoning
• Office floors 2 & 3: all leased except 2 tiny offices; 90% occupancy rate

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FAQs

What type of property is this?

Office building - Renovated 1924 building with leased office floors and retail bays, plus a 2024 elevator and CWD-CD zoning.

Where is this office building located?

The property is located at 100-116 South Dixie Highway West Palm Beach, FL.

What is the asking price?

The asking price for this property is $14,000,000.

What are key features of this property?

This property features: Historic 19,765 SF building originally built in 1924, renovated in 2025; CWD‑CD (Clematis Waterfront District) zoning; Office floors 2 & 3: all leased except 2 tiny offices; 90% occupancy rate