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    218 Us Highway 1 Tequesta, FL 33469

    For Sale
    Contact for pricing

    Luxury Office Space, Move-In Ready

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 5,852+ square foot penthouse suite, located at 218 S US Highway 1 Unit 300 in Tequesta, Florida, presents a unique opportunity for discerning businesses. Formerly the executive offices of Marsh & McLennan, this prestigious space occupies the entire third floor and offers unparalleled amenities. A private elevator opens directly into a sophisticated lobby featuring a reception desk, comfortable waiting area, elegant marble floors, and rich wood chair rails. The suite boasts multiple private offices, ideal for individual work or team collaboration, along with a spacious conference room perfect for presentations and meetings. A dedicated lounge area provides a relaxed atmosphere for employees, while a well-equipped copy room, ample storage/file room, and a convenient kitchen cater to daily operational needs. One private, executive bathroom adds a touch of luxury and convenience. The property sits on a 0.9-acre lot and includes building signage and naming rights for the right tenant. All furniture is available, making this a truly move-in ready executive space. This is an exceptional opportunity to establish a prominent presence in a prime Tequesta location. The asking price is $35 million. This turnkey solution offers immediate occupancy and a sophisticated environment for any executive-level business.

    Property Features for 218 Us Highway 1

    General Information

    Property type
    Other commercial real estate
    Lot Size
    39,204 SF

    Building Details

    Year Built
    1987
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Tequesta
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.08537
    Latitude
    26.9564

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    FAQs

    What type of property is this?
    Commercial real estate - Luxury Office Space, Move-In Ready
    Where is this commercial real estate located?
    The property is located at 218 Us Highway 1 Tequesta, FL.
    What is the asking price?
    The asking price for this property is $35.
    (561) 340-0865
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    218 Us Highway 1 Tequesta, FL 33469
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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
    218 Us Highway 1 Tequesta, FL 33469
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