Office Condo
3602 S Dixie Highway Unit 110 West Palm Beach, FL 33405
For Sale
$400,000
Office unit offered for sale as part of a larger commercial property on S Dixie Highway.
Property Size624 SF
Price / SF$641.03
Days on Market67
Property Features for 3602 S Dixie Highway Unit 110
General Information
- Standard status
- Active
- Size
- 624 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2013
Listing Agency:
Sotheby's Intl. Realty, Inc.
(561) 758-5402
Listed By:
Christine Gibbons · License #682260
(561) 758-5402
Source:
Xome
Added: May 19
Changed: Jul 23
Last Checked: Jul 24 at 5:41AM
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 Sotheby's Intl. Realty, Inc.
Investment Insights
Based on property information with market context.
This sale listing offers an office unit (Unit 110) within a commercial property that includes office spaces and office units. The asset is presented as a compact, individually designated unit suitable for office use.
The unit is located at 3602 S Dixie Highway in West Palm Beach, Florida, providing direct access to the main thoroughfare for business operations and customer visits.
For buyers or tenants evaluating smaller office space, this specific unit format can be useful when you’re looking for a defined, addressable office space within an existing commercial setting.
The unit is located at 3602 S Dixie Highway in West Palm Beach, Florida, providing direct access to the main thoroughfare for business operations and customer visits.
For buyers or tenants evaluating smaller office space, this specific unit format can be useful when you’re looking for a defined, addressable office space within an existing commercial setting.
Key Highlights
- Office unit in a larger commercial property on S Dixie Highway
- Year built: 2013
- Includes 3 guest facilities
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 | $34.4k | $55.20 |
| − Vacancy | −$5.4k | −$8.72 |
| EGI | $29.0k | $46.48 |
| − OpEx | −$7.3k | −$11.62 |
| NOI | $21.8k | $34.86 |
624 SF · lease $55.20/SF/yr · vacancy 15.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$310.7K
$271.9K – $362.5K
NOI $21,752 @ 7.0% cap · market cap 5.44%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$439.5K
$384.5K – $512.7K
NOI $30,762 @ 7.0% cap · market cap 7.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Blue Moon Antiques
Home Decor Store
FAQs
What type of property is this?
Office units - Office unit offered for sale as part of a larger commercial property on S Dixie Highway.
Where is this office units located?
The property is located at 3602 S Dixie Highway Unit 110 West Palm Beach, FL.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Office unit in a larger commercial property on S Dixie Highway; Year built: 2013; Includes 3 guest facilities
