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Office Building with On-Site Parking
For Sale
$9,000,000

2701 Okeechobee Blvd, West Palm Beach, FL 33409

Existing commercial improvements occupy a sizable parcel along Okeechobee Boulevard in West Palm Beach.

Property SizeContact for details
Days on Market15

Property Features for 2701 Okeechobee Blvd

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $53,451
Listing Agency: EXP Realty LLC
Listed By: Scott A. Huston · License #3246465
Source: Exprealty
Added: Aug 31 Changed: Sep 13 Last Checked: Sep 13 at 4:44PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This office property at 2701 Okeechobee Boulevard includes existing commercial improvements situated on 1.27 acres. The site has 30 parking spaces and dates to 1963, providing an established physical setting for continued commercial or office use. Its placement along the Okeechobee Boulevard corridor provides direct association with a primary commercial roadway in West Palm Beach.

The property is offered individually. An optional package with the adjoining 801 Spencer Drive property is also described, which would add approximately 0.29 acres and 3,665 SF of improvements; those additional assets are not included in this individual property description.

Key Highlights

  • 1.27‑acre office property at 2701 Okeechobee Boulevard
  • Approximately 9,181 SF of existing commercial/office improvements
  • 30 Parking Spaces

Property Analytics

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Current Use

Wells Fargo Bank Bank RSI Asset Management Loan Service MorningStar Commercial & Residential ... General Contractor House Cleaning Service ... Hardware & Home Improvement Wells Fargo ATM Atm

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store Storage Facility (Bike/Boat/Book/etc) Store Bakery Carpet & Flooring Store

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

2,502
Businesses Nearby

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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
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Frequently Asked Questions

What type of property is this?
Office building - Existing commercial improvements occupy a sizable parcel along Okeechobee Boulevard in West Palm Beach.
Where is this office building located?
The property is located at 2701 Okeechobee Blvd West Palm Beach, FL.
What is the asking price?
The asking price for this property is $9,000,000.
What are key features of this property?
This property features: 1.27‑acre office property at 2701 Okeechobee Boulevard; Approximately 9,181 SF of existing commercial/office improvements; 30 Parking Spaces
More about this property
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