Office Building for
3413 Broadway West Palm Beach, FL 33407
3413 Broadway, West Palm Beach, FL, 33407
$1,395,000
For Sale
$1,395,000
For-sale commercial office property at 3413 Broadway in West Palm Beach, FL.
Property Size1,819 SF
Price / SF$766.90
Days on Market185
Property Features for 3413 Broadway
General Information
- Standard status
- Active
- Size
- 1,819 SF
- Property subtype
- Office
Building Details
- Year Built
- 1958
Listing agency
(561) 597-1467
Listed by
Jamie Lehman
Source
Xome
Added: Jan 17 Updated: Jul 21 at 12:21AM Checked: Jul 21 at 3:13AM
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 Jamie Lehman
Investment Insights
Based on property information with market context.
This for-sale commercial property includes office units and office spaces, offering a dedicated setup for office use. The offering is sized at 1,819 square feet.
Located at 3413 Broadway in West Palm Beach, Florida, the property provides a straightforward option for buyers seeking an office-focused asset in the area.
The available information supports the presence of multiple office-oriented spaces within the overall property offering.
Located at 3413 Broadway in West Palm Beach, Florida, the property provides a straightforward option for buyers seeking an office-focused asset in the area.
The available information supports the presence of multiple office-oriented spaces within the overall property offering.
Key Highlights
- Commercial office property for sale at 3413 Broadway, West Palm Beach, FL
- Built in 1958
- Window/wall unit cooling
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $100.4k | $55.20 |
| − Vacancy | −$15.9k | −$8.72 |
| EGI | $84.5k | $46.48 |
| − OpEx | −$21.1k | −$11.62 |
| NOI | $63.4k | $34.86 |
1,819 SF · lease $55.20/SF/yr · vacancy 15.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$905.8K
$792.6K – $1.06M
NOI $63,408 @ 7.0% cap · market cap 4.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.28M
$1.12M – $1.49M
NOI $89,673 @ 7.0% cap · market cap 6.43%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - For-sale commercial office property at 3413 Broadway in West Palm Beach, FL.
Where is this office units located?
The property is located at 3413 Broadway West Palm Beach, FL.
What is the asking price?
The asking price for this property is $1,395,000.
What are key features of this property?
This property features: Commercial office property for sale at 3413 Broadway, West Palm Beach, FL; Built in 1958; Window/wall unit cooling
