Intracoastal-View Commercial
For Lease
Under Contract
$60,000
215 5th Street, West Palm Beach, FL 33401
Commercial Lease, West Palm Beach, FL
Space SizeContact for details
Lot Size1.00 Acre
Days on Market292
Property Features for 215 5th Street
General Information
Property type
Commercial Lease
Property subtype
Other
Zoning
FWD-5(
Subdivision
5420
Standard status
Active Under Contract
APN
74434322120020010
Size
28,066 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Tax Description
RAILWAY ADDITION LTS 1 & 2 BLK 2
Tax Annual Amount
98455
Legal Description
RAILWAY ADDITION LTS 1 & 2 BLK 2
Building Details
Year built
1927
Floors in Building
3
Listing Agency:
Nicklaus Vance
(561) 721-2626
Listed By:
Gray Welton · License #3511144
(561) 339-7275
Added: Nov 15, 2025
Changed: Aug 19
Last Checked: Sep 3 at 10:06AM
MLS# R11141063
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 commercial land offering comprises 1 acre, or 28,066 square feet, and carries FWD-5( zoning. The property includes a second structure associated with 606 N. Olive, identified for potential rehabilitation and leasing or redevelopment. The existing structure dates to 1927.
The site is in West Palm Beach and has intracoastal views. It is positioned across from the Breakers. City approvals have allowed development of up to 5 stories, while the stated development concepts include a hotel, parking garage, retail, and residential uses.
The site is in West Palm Beach and has intracoastal views. It is positioned across from the Breakers. City approvals have allowed development of up to 5 stories, while the stated development concepts include a hotel, parking garage, retail, and residential uses.
Key Highlights
- 1 acre of commercial land
- 28,066 square feet of property size
- FWD‑5( zoning
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
4,490
Businesses Nearby
10k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 72%
Dining 28%
Chase Bank
Shops & Services
5,887 visits/mo
0.3 miles
Papa John's Pizza
Dining
2,805 visits/mo
0.5 miles
Sir Speedy Print, Signs, Marketing
Shops & Services
732 visits/mo
0.3 miles
The Tire Choice
Shops & Services
683 visits/mo
0.4 miles
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
Vacancy Rate% for Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Commercial land - Development parameters allow up to five stories on the parcel, with an additional structure included in the offering.
Where is this commercial land located?
The property is located at 215 5th Street West Palm Beach, FL.
What is the lease rate?
The lease rate is $60,000.
What are key features of this property?
This property features: 1 acre of commercial land; 28,066 square feet of property size; FWD‑5( zoning
