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    505 South Flagler Dr West Palm Beach, FL 33401

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    For Lease
    $30 SF/Yr ($18,132 /Mo)

    Renovated office space in downtown West Palm Beach.

    Property size:
    7,253 SF
    Lot size:
    3.36 Acres

    Property Features for 505 South Flagler Dr

    General Information

    Size
    7,253 SF
    Lot size
    3.36 Acres

    Source: Colliers | West Palm Beach Agent Derek Baker

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Office Space with Views

    Flagler Center is a 254,700-square-foot office complex located along Flagler Drive in downtown West Palm Beach. The property has recently undergone over $2 million in renovations, including upgrades to the lobbies, elevators, restrooms, and common areas. The available office space is 7,253 square feet and includes furniture. Garage parking with a covered walkway is available. The property offers water views of the Intracoastal Waterway and the Atlantic Ocean. The listed price is $30.
    Location Intelligence

    Current Use by Public Records

    MRACHEK, FITZGERALD, ROSE, ... Law Firm US Secret Service Federal Government Office Caler Donten Levine: ... Accountant Carlee G. Mattison Real Estate Attorney Atlantic Drayage & Transport Trucking Company

    Suggested Use

    Restaurant Dental Office Spa & Massage Hair Salon Realty agency Nail Salon Food Market Grocery Store Daycare Center Pharmacy

    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
    -80.0511266
    Latitude
    26.7090107

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    FAQs

    What type of property is this?
    Office space - Renovated office space in downtown West Palm Beach.
    Where is this office space located?
    The property is located at 505 South Flagler Dr West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $30 SF/Yr.
    What are key features of this property?
    This property features: - Prime waterfront location on Flagler Drive in downtown West Palm Beach.; - Extensive recent renovations exceeding $2 million.; - Expansive water views (Intracoastal & Atlantic).
    (954) 501-1010
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    505 South Flagler Dr 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
    505 South Flagler Dr West Palm Beach, FL 33401
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