Ground-Floor Retail
212 S Olive Avenue #Mu-7, West Palm Beach, FL 33411
For Sale
$1,575,000
An NNN lease runs through 2034 and includes a five-year option; owner occupancy is also identified as a possibility.
Property Size2,264 SF
Price / SF$695.67
Days on Market458
Property Features for 212 S Olive Avenue #Mu-7
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Neighborhood
Additional Details
Floor
Tenant in Place
Taxes and HOA fees
Annual Taxes
Building Details
Year Built
Stories
Units
Tenancy
Listing Agency:
Keller Williams Realty - Wellington
(561) 472-1236
Listed By:
Vincent Borriello · License FL BK3417485
(732) 939-7726
Source:
Irgofflorida
Added: Aug 12, 2025
Changed: Nov 11
Last Checked: Nov 12 at 12:39AM
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 Keller Williams Realty - Wellington
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Investment Insights
Based on property information with market context.
This 2,264-square-foot retail unit occupies the ground level of the Strand building. The space is leased to an NNN tenant through 2034, with a five-year option. The listing also identifies a possible path for an owner-user to occupy the unit.
The property is at 212 S Olive Avenue in downtown West Palm Beach. Built in 2002, the building places the retail space at its base.
The property is at 212 S Olive Avenue in downtown West Palm Beach. Built in 2002, the building places the retail space at its base.
Key Highlights
- 2,264‑square‑foot ground‑floor retail unit
- NNN tenant in place through 2034, with a five‑year option
- Located at the base of the Strand building
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
5,624
Businesses Nearby
19k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 79%
Dining 21%
Truist
Shops & Services
6,735 visits/mo
0.5 miles
Chase Bank
Shops & Services
5,887 visits/mo
0.2 miles
Papa John's Pizza
Dining
2,805 visits/mo
0.2 miles
The UPS Store
Shops & Services
1,992 visits/mo
0.3 miles
Domino's Pizza
Dining
1,173 visits/mo
0.2 miles
Demographics for 33411, FL
74,206
Population
30,063
Households
2.5
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
34.9 sq mi
ZIP Area
2,126
Density / Sq Mi
$89,329
Median Household Income
$46,461
Median Earnings
$1,887
Median Rent
$400,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in West Palm Beach, FL
Properties on Market for Retail space in West Palm Beach
Vacancy Rate% for Retail in South region
Frequently Asked Questions
What type of property is this?
Retail space - An NNN lease runs through 2034 and includes a five-year option; owner occupancy is also identified as a possibility.
Where is this retail space located?
The property is located at 212 S Olive Avenue #Mu-7 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,575,000.
What are key features of this property?
This property features: 2,264‑square‑foot ground‑floor retail unit; NNN tenant in place through 2034, with a five‑year option; Located at the base of the Strand building
