Two-Building Flex and Office
1200 Clare Avenue, West Palm Beach, FL 33401
New
Freestanding two-building setup with offices, loading area, and storage suited to flexible commercial operations.
Property size:
4,040 SFPrice / SF:
$569/SF- Added:
- Jul 7, 2026
- Days on Market:
- 2
- Last Refresh:
- Jul 8 at 3:43 am
Property Features for 1200 Clare Avenue
General Information
- Standard status
- Active
- Size
- 4,040 SF
Building Details
- Year Built
- 1987
Listing office Douglas Elliman (561) 801-1535
Listing date Jul 7, 2026
Source Laerrealty
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 Douglas Elliman
HighLights
- Freestanding two‑building commercial property with total approx. 4,040 SF (front approx. 2,080 SF; back approx. 1,960 SF).
- Front building offers office space on both floors plus a half bath (1st floor) and full bath (2nd floor).
- Rear portion includes a loading area, full bath, storage, and utility space, with additional second‑floor storage.
- Back building features office space, open work areas, storage, and a full bath on the first floor, plus large second‑floor storage/work area.
- Year built: 1987.
Overview
This freestanding two-building property totals approximately 4,040 SF and provides a mix of office and functional back-of-house space. The front building includes a large front office and a half bath on the first floor, along with a spacious second-floor office with a full bath. The rear portion of the front building is designed for operations, with a loading area, full bathroom, storage, utility space, and additional second-floor storage. The back building totals approximately 1,960 SF and offers first-floor office space, open work areas, storage, and a full bath, plus a larger second-floor storage or work area above.
Located in West Palm Beach’s Warehouse District, the property is described as just steps from Grandview Market and within minutes of Downtown West Palm Beach, Palm Beach Island, and I-95. The combination of office and loading-focused improvements supports a wide range of light industrial, showroom, and back-office uses.
For owner-users, the layout supports companies that need both customer-facing work areas and practical storage and shipping/loading space. The property also fits tenants or operators looking for multi-building flexibility, with multiple office areas and substantial storage included across both structures.
Located in West Palm Beach’s Warehouse District, the property is described as just steps from Grandview Market and within minutes of Downtown West Palm Beach, Palm Beach Island, and I-95. The combination of office and loading-focused improvements supports a wide range of light industrial, showroom, and back-office uses.
For owner-users, the layout supports companies that need both customer-facing work areas and practical storage and shipping/loading space. The property also fits tenants or operators looking for multi-building flexibility, with multiple office areas and substantial storage included across both structures.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $223.0k | $55.20 |
| − Vacancy | −$35.2k | −$8.72 |
| EGI | $187.8k | $46.48 |
| − OpEx | −$46.9k | −$11.62 |
| NOI | $140.8k | $34.86 |
4,040 SF · lease $55.20/SF/yr · vacancy 15.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.01M
$1.76M – $2.35M
NOI $140,830 @ 7.0% cap · market cap 6.12%
Second Best
Retail
$815.9K
$713.9K – $951.9K
NOI $57,114 @ 7.0% cap · market cap 2.48%
Theoretical Best
Office A
$2.85M
$2.49M – $3.32M
NOI $199,164 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Christafaro's
Take-out & Catering
Similar Places Nearby
- La Bayamesa - Food Truck — 1541 Belvedere Rd, West Palm Beach, FL 33401
- Christafaro's — 1200 Clare Ave, West Palm Beach, FL 33401
- Orqa Health — 1211 Old Okeechobee Rd, West Palm Beach, FL 33401
- CHEF CESART LLC — 700 S Rosemary Ave Suite 204-188, West Palm Beach, FL 33401
- Simply Foods — 1253 Old Okeechobee Rd B9, West Palm Beach, FL 33401
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0626198
- Latitude
- 26.6992115
Nearby Similar for Sale
FAQs
What type of property is this?
Flex space - Freestanding two-building setup with offices, loading area, and storage suited to flexible commercial operations.
Where is this flex space located?
The property is located at 1200 Clare Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Freestanding two‑building commercial property with total approx. 4,040 SF (front approx. 2,080 SF; back approx. 1,960 SF).; Front building offers office space on both floors plus a half bath (1st floor) and full bath (2nd floor).; Rear portion includes a loading area, full bath, storage, and utility space, with additional second‑floor storage.
