Ground-Floor Retail
For Sale
$1,600,000
212 S Olive Avenue, West Palm Beach, FL 33411
Commercial Sale, West Palm Beach, FL
Property Size2,264 SF
Price / SF$706.71
Days on Market386
Property Features for 212 S Olive Avenue
General Information
Property type
Residential
Property subtype
Retail
Zoning
FWD-5-FLAGLER-W
Bathrooms
1
Full bathrooms
1
Rooms
Bathroom 1
Subdivision
5420
Standard status
Active
APN
74434322370010070
Taxes and HOA fees
Tax Year
2024
Tax Description
STRAND CONDOMINIUM MU-7 IN OR20222P649
Tax Annual Amount
17527
Legal Description
STRAND CONDOMINIUM MU-7 IN OR20222P649
Utilities
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2002
Floors in Building
1
Number of units
1
Flooring type
Concrete
Listing Agency:
Keller Williams Realty - Welli
(561) 472-1236
Listed By:
Vincent Borriello · License #3417485
(732) 939-7726
Added: Aug 12, 2025
Changed: Aug 27
Last Checked: Sep 1 at 12:06AM
MLS# R11115887
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 2,264-square-foot ground-floor retail unit occupies the base of the Strand building in West Palm Beach. The space features concrete flooring, central heating, central air conditioning, public water service, and one bathroom. Constructed in 2002, the unit is configured for retail use within a larger commercial building.
An NNN tenant is in place through 2034, with a five-year option included in the lease structure. The property also offers potential for an owner-user to assume occupancy. Zoning is identified as FWD-5-FLAGLER-W, and the property is located at 212 S Olive Avenue, West Palm Beach, Florida 33411.
An NNN tenant is in place through 2034, with a five-year option included in the lease structure. The property also offers potential for an owner-user to assume occupancy. Zoning is identified as FWD-5-FLAGLER-W, and the property is located at 212 S Olive Avenue, West Palm Beach, Florida 33411.
Key Highlights
- 2,264 SF ground‑floor retail unit
- NNN tenant in place through 2034
- Five‑year lease option included
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Retail in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Retail space - Retail space with an in-place NNN lease, central HVAC, concrete flooring, and owner-user occupancy potential.
Where is this retail space located?
The property is located at 212 S Olive Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,264 SF ground‑floor retail unit; NNN tenant in place through 2034; Five‑year lease option included
