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First-Floor Office Unit
For Sale
$469,900

221 GREENWICH Circle, Jupiter, FL

Commercial Sale, Jupiter, FL

Property Size861 SF
Lot Size1.00 Acre
Price / SF$545.76
Days on Market97

Property Features for 221 GREENWICH Circle

General Information

Property type Commercial Sale
Property subtype Other
Zoning commercial
Parking 2
Directions Turn right into Geeenwich Cir Last unit on the left
Subdivision 5330
Standard status Active
APN 30424124280060010
Size 861 SF
Lot size 1.00 Acre

Taxes and HOA fees

Tax Year 2025
Tax Description GREENWICH COMMERCIAL CONDO COMMERCIAL UNIT 1 BLDG 6 IN OR22510P1622
Tax Annual Amount 5325
HOA Fee $2,090 Quarterly
Legal Description GREENWICH COMMERCIAL CONDO COMMERCIAL UNIT 1 BLDG 6 IN OR22510P1622

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 2008
Floors in Building 3
Number of units 1
Building materials Concrete
Roof type Tile
Listing Agency: Keller Williams Realty Of The
Listed By: David G Weiler · License #321407
Added: Jul 27 Changed: Oct 1 Last Checked: Oct 31 at 3:06AM
MLS# B26057168

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.

Rey
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Investment Insights

Based on property information with market context.

This 861-square-foot office unit occupies the first floor of a concrete building completed in 2008. The end-unit configuration provides side windows, while central heating and central air conditioning support year-round interior comfort. The property includes exterior parking outside the unit and is served by public water and public sewer. A tile roof completes the building’s primary construction profile.

Located in Jupiter in Palm Beach County, the property carries commercial zoning and is offered for sale. Its office configuration, ground-level placement, and dedicated parking arrangement provide a straightforward setting for professional use.

Key Highlights

  • 861 SF first‑floor office unit
  • End‑unit layout with side windows
  • Exterior parking located outside the unit

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$22,821
Cap Rate
4.86%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,420 $456.4K
Cap Rate 7%
$326,014 $326.0K
Cap Rate 9%
$253,567 $253.6K
Market Conditions
NOI Build-Up for 861 SF
Gross rent
$39.3K $45.60/SF
− Vacancy
−$8.8K −$10.26/SF
EGI
$30.4K $35.34/SF
− OpEx
−$7.6K −$8.84/SF
NOI
$22.8K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$456,420
Cap Rate 7%
$326,014
Cap Rate 9%
$253,567

Alternative Uses

Best Use
Office B
$326.0K
$285.3K – $380.4K (±1% cap)
NOI $22,821 @ 7.0% cap · market cap 4.86%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$606.4K
$530.6K – $707.4K (±1% cap)
NOI $42,446 @ 7.0% cap · market cap 9.03%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Absolute Wellness Spa Gym & Fitness Center Metro Infusion Center Medical Clinic Kevah North County ... Physician Kaveh Besharat, MD Medical Clinic Oceanside Urology Medical Clinic

Suggested Use

Top Pick Auto Repair Shop Electrical Service Daycare Center Furniture & Home Goods Parking Lot & Garage Bakery

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

Location Intelligence

Trade Area within ½ mile

1,666
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

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 - End-unit office space with side windows, dedicated exterior parking, and commercial zoning.
Where is this office unit located?
The property is located at 221 GREENWICH Circle Jupiter, FL.
What is the asking price?
The asking price for this property is $469,900.
What are key features of this property?
This property features: 861 SF first‑floor office unit; End‑unit layout with side windows; Exterior parking located outside the unit
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Includes: Price & PSF · Cap rate · Location · Zoning

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