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Downtown West Palm Beach Office
For Sale
$225,000

120 S Olive Ave Unit 303, West Palm Beach, FL 33401

Office suite in a central, high-visibility West Palm Beach location.

Property Size649 SF
Price / SF$346.69
Days on Market144

Property Features for 120 S Olive Ave Unit 303

General Information

Standard status Active
Size 649 SF

Building Details

Year Built 1925
Listing Agency: Bink Realty, LLC
Listed By: Thomas D Gonzalez · License #3045177
Source: Thepennteam
Added: Apr 24 Changed: Sep 6 Last Checked: Sep 13 at 4:19PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Bink Realty, LLC

Investment Insights

Based on property information with market context.

Located in downtown West Palm Beach, this office suite offers a central, high-visibility location. The space, situated in a commercial building, features a functional layout and ample natural light. Convenient access is provided to I-95, Flagler Drive, restaurants, and retail amenities. It is ideal for small businesses, attorneys, accountants, or medical professionals. This property presents investment potential with steady demand for office space in the area. Positioned in a vibrant business district, it's suitable for owner-occupiers or investors looking for rental income. The property is offered as-is. The bike score is 57, indicating it is bikeable. The walk score is 37, indicating car-dependence. The transit score is 51, indicating good transit.

Key Highlights

  • Prime downtown West Palm Beach location with high visibility.
  • Convenient access to I‑95, Flagler Drive, restaurants, and retail.
  • Functional layout and ample natural light.

Property Analytics

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Current Use

Ocean Capital Lending, ... Loan Service Brian L Kimber, ... Law Firm Ocean Capital Real ... Real Estate Agency kolinou (Bike/Boat/Book/etc) Store Kenny Leigh & Associates Law Firm

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Locksmith Mobile Phone Store Pet Grooming Service Restaurant

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

5,624
Businesses Nearby

Demographics for 33401, FL

31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Office suite in a central, high-visibility West Palm Beach location.
Where is this office units located?
The property is located at 120 S Olive Ave Unit 303 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Prime downtown West Palm Beach location with high visibility.; Convenient access to I‑95, Flagler Drive, restaurants, and retail.; Functional layout and ample natural light.
More about this property
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