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Elevator-Served Office Suite
New
For Lease
$20 SF/Yr CAM $9.46 /USD/SF/YR

207-5114 Okeechobee Blvd, West Palm Beach, FL 33401

The second-floor space has dedicated elevator access and a surface parking field for visitors and staff.

Space Size1,025 SF
Days on Market6

Property Features for 207-5114 Okeechobee Blvd

General Information

Standard status Active
Size 1,025 SF
Net Rentable 1,025 SF
Total Parking Spaces 84
Elevators Yes
Lease Type NNN

Space & Availability

Available Space 1,025 SF
Contiguous Space 1,025 SF
Floor 2
Space Use Office
Condition Move-in Ready
Sublease No
Available From Immediate

Lease Terms

Lease Rate $20 /USD/SF/YR
Total Rate $2,516
Monthly Rent $1,708
Rent per SF/Year $20
CAM $9.46 /USD/SF/YR
Lease Term 120 months
Flexible Term Yes

Site & Location

Highway Access Yes
Road Access Yes

Taxes and HOA fees

Annual Taxes $95,523
Listing Agency: COMPASS FLORIDA LLC
Listed By: Brad Kuskin · License #3333122
Source: Exprealty
Added: Oct 14 Changed: Oct 19 Last Checked: Oct 19 at 2:00PM

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 COMPASS FLORIDA LLC

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Investment Insights

Based on property information with market context.

A vacant 1,025-square-foot office suite occupies the second floor of 5114 Okeechobee Blvd. Elevator service connects the suite to the building entrance, and 84 free surface parking spaces are available. The layout is described as efficient, with a floor plan available on request.

The property fronts Okeechobee Blvd, which carries approximately 68,500 vehicles per day. Florida's Turnpike is about 2 minutes away, and I-95 is about 6 minutes away. Surgical and full medical uses are not permitted.

Key Highlights

  • 1,025 SF office suite on the second floor
  • Elevator‑served access
  • 84 free surface parking spaces

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pet Grooming Service Mobile Phone Store Veterinary Clinic Adult Day Care Supermarket

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

Lease Details

Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

4,654
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

Market

Lease Benchmarks for West Palm Beach, FL

$34.36 /SF/Yr
Avg Asking Price
$5.44–$77 /SF/Yr
Price Range
5,540 SF
Avg Space Size

This space is priced 42% below the average of $34.36 /SF/Yr.

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

Frequently Asked Questions

What type of property is this?
Office unit - The second-floor space has dedicated elevator access and a surface parking field for visitors and staff.
Where is this office unit located?
The property is located at 207-5114 Okeechobee Blvd West Palm Beach, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,025 SF office suite on the second floor; Elevator‑served access; 84 free surface parking spaces
More about this property
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