Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Renovated Office Space Available Title is generated by Realmo AI

    2540 Metrocentre Blvd 3, West Palm Beach, FL 33407

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $4,085/Mo $28 SF/Yr (calc)

    Recently renovated 1,693 sqft office space with easy access.

    Type:Commercial
    Property size:
    1,693 SF
    Added:
    Mar 26, 2026
    Days on Market:
    58
    Last Refresh:
    Mar 25 at 5:15 am

    Property Features for 2540 Metrocentre Blvd 3

    General Information

    Standard status
    Active
    Size
    1,693 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1990

    We can help!

    Listing Contact
    Chloe Bailey
    Chloe Bailey

    Listing agent Chloe Bailey License #3482050

    Listing office Touchstone Webb Realty Company

    Listing date Mar 26, 2026

    Source Elliman

    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 Touchstone Webb Realty Company

    HighLights

    • Recently renovated ground‑floor office space.
    • Easy access to I‑95.
    • High‑visibility signage and surface parking.
    • 1,693 sq.ft. corner unit with floor‑to‑ceiling glass windows.
    • Includes 3 private offices, kitchenette, private restroom, large work area/conference room, and reception/waiting area.
    • Located in a professionally managed business park near major hospitals.

    Overview

    This renovated ground-floor professional office space offers 1,693 square feet and features easy access to I-95. The corner unit includes floor-to-ceiling glass windows, three private offices, a kitchenette, and a private restroom. A large work area or conference room, a reception/waiting area, and an open storage or work area are also included. Surface parking and high-visibility signage are available. The property is located in a professional business park near major hospitals. Permitted uses are available upon request.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Micheal Bedecs, ... Physician West Palm Beach ... Medical Office Sapna Rao, ARNP Weight Loss Service Florida Vitality Testosterone ... Medical Clinic

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0983697
    Latitude
    26.758212

    Nearby Similar for Lease

    • $2,400/Mo
      20,000 SF

      West Palm Beach Commercial Space

      Gated contractor's business park with flex office/warehouse space.
      2755 Vista Parkway, West Palm Beach, FL 33411
      View Details
    • $2,120/Mo
      1,156 SF

      West Palm Beach Medical/Commercial Space

      Medical/commercial space near amenities and transportation.
      1501 Presidential Way, West Palm Beach, FL 33401
      View Details
    • $4,767/Mo
      2,382 SF

      West Palm Beach Medical Facility

      Double suite medical facility near Palm Beach Outlets.
      1501 Presidential Way, West Palm Beach, FL 33401
      View Details
    • $19 SF/Yr
      5,992 SF

      West Palm Beach Office Building

      Two-story office building in West Palm Beach with recent improvements.
      1700 Okeechobee Road, West Palm Beach, FL 33409
      View Details
    • $15,000/Mo
      9,232 SF

      Versatile Commercial Space, West Palm Beach

      Premier commercial destination with flexible office and warehouse space.
      4050 Westgate Avenue, West Palm Beach, FL 33409
      View Details
    • $1,000/Mo

      Luxury Office Suites in Downtown

      Class A office suites with panoramic views and premium amenities.
      515 N Flagler Dr, West Palm Beach, FL 33401
      View Details
    • $4,632/Mo
      880 SF

      West Palm Beach Live/Work Unit

      880 SF live/work unit with rooftop amenities.
      801 S Olive Avenue, West Palm Beach, FL 33401
      View Details
    • $23 SF/Yr
      1,248 SF

      West Palm Beach Commercial Space

      Move-in ready commercial space in West Palm Beach, Florida.
      9100 Belvedere Road, West Palm Beach, FL 33411
      View Details
    • $2,450/Mo
      1,301 SF

      West Palm Beach Flex Space

      Flex office and warehouse space with mezzanine and high ceilings.
      1000 Stinson Way, West Palm Beach, FL 33411
      View Details
    • $199,000 SF/Yr
      2,400 SF

      West Palm Beach Commercial Space

      2,400 sq ft commercial space in revitalizing West Palm Beach.
      2121 N Tamarind Avenue, West Palm Beach, FL 33407
      View Details
    • $26 SF/Yr
      29,967 SF

      West Palm Beach Retail Spaces

      Three retail spaces and one office space available for lease.
      3111 45th Street, West Palm Beach, FL 33407
      View Details
    • $2,400/Mo
      1,306 SF

      West Palm Beach Warehouse with Office

      Gated industrial park, versatile warehouse with office and elevator.
      2755 Vista Parkway, West Palm Beach, FL 33411
      View Details

    FAQs

    What type of property is this?
    Office units - Recently renovated 1,693 sqft office space with easy access.
    Where is this office units located?
    The property is located at 2540 Metrocentre Blvd 3 West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $4,085 /Mo.
    What are key features of this property?
    This property features: Recently renovated ground‑floor office space.; Easy access to I‑95.; High‑visibility signage and surface parking.
    (561) 801-0229
    We can help!
    Listing Contact
    Chloe Bailey
    Chloe Bailey
    Real Estate License ID: 3482050
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2540 Metrocentre Blvd 3, West Palm Beach, FL 33407
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!