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Concrete Self-Storage Facility
For Sale
$33,000,000
Pending

1050 N Congress Avenue, West Palm Beach, FL 33409

Commercial Sale, West Palm Beach, FL

Property Size81,992 SF
Lot Size1.00 Acre
Days on Market873

Property Features for 1050 N Congress Avenue

General Information

Property type Commercial Sale
Property subtype Other
Property condition Under Construction
Zoning commercial
Bathrooms 16
Full bathrooms 16
Rooms Bathroom 4, Bathroom 2, Bathroom 5, Bathroom 13, Bathroom 11, Bathroom 12, Bathroom 14, Bathroom 1, Bathroom 7, Bathroom 16, Bathroom 15, Bathroom 6, Bathroom 3, Bathroom 10, Bathroom 9, Bathroom 8
Security features Security
Directions From Belvedere take congress south, Airfield Park is adjacent to The Hangar, both properties on your right hand side.
Subdivision 5450
Standard status Pending
APN 00434329310010000
Size 81,992 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2024
Tax Description TBD HANGAR & AIRFIELD BUSINESS PARK MUPD PAR A K/A DEVELOPMENT
Tax Annual Amount 1
Legal Description TBD HANGAR & AIRFIELD BUSINESS PARK MUPD PAR A K/A DEVELOPMENT

Utilities

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

Amenities

conference center
boardroom
event space
AI security with live monitoring
private ADA compliant restroom

Building Details

Year built 2024
Floors in Building 1
Number of units 16
Flooring type Concrete
Building materials Concrete
Listing Agency: Sutter & Nugent LLC
Listed By: James Pavlik · License #3301117
Added: Apr 30, 2024 Changed: Sep 18 Last Checked: Sep 19 at 1:06AM
MLS# R10982832

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.

Airfield Park is an under-construction self-storage facility comprising 81,992 square feet across 16 units. Each unit ranges from 5,011 to 5,884 square feet and includes a private ADA-compliant restroom. The improvements use solid concrete tilt-wall construction with 14-foot by 14-foot insulated garage and pedestrian doors designed for Miami-Dade hurricane standards. Central heating and central air conditioning are specified, along with public water and public sewer.

The property is at 1050 N Congress Avenue in West Palm Beach, adjacent to The Hangar and within walking distance of Palm Beach International Airport. Security includes AI-supported monitoring with live oversight. Additional common-area improvements include a boardroom, conference center, and event space. Certain businesses may operate at the property with prior Association approval. The facility is situated on 1 acre and was built in 2024.

Key Highlights

  • 81,992‑square‑foot self‑storage facility with 16 units
  • Unit sizes range from 5,011 to 5,884 square feet
  • 14‑foot by 14‑foot Miami‑Dade hurricane‑rated insulated garage and pedestrian doors

Property Analytics

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Current Use

Self storage facilities

Suggested Use

Top Pick Dental Office Parking Lot & Garage (Bike/Boat/Book/etc) Store Veterinary Clinic Bakery Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

978
Businesses Nearby

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Self storage facility - Under-construction storage property with monitored security, private restrooms, and business-use options subject to association approval.
Where is this self storage facility located?
The property is located at 1050 N Congress Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $33,000,000.
What are key features of this property?
This property features: 81,992‑square‑foot self‑storage facility with 16 units; Unit sizes range from 5,011 to 5,884 square feet; 14‑foot by 14‑foot Miami‑Dade hurricane‑rated insulated garage and pedestrian doors
More about this property
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