Office Parcel with Air
401 N Rosemary Avenue West Palm Beach, FL 33401
For Sale
$20,000,000
SINGLE_FAMILY - West Palm Beach, FL
Property Size5,452 SF
Lot Size0.21 Acres
Price / SF$3,668
Days on Market266
Property Features for 401 N Rosemary Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
NWD-5
Bathrooms
5
Rooms
Bathroom 3, Bathroom 2, Bathroom 5, Bathroom 1, Bathroom 4
Standard status
Active
APN
74434321060260192
Size
5,452 SF
Lot size
0.21 Acres
Taxes and HOA fees
Tax Year
2024
Tax Description
CLOWS ADD N 14 FT E 16.1 FT OF S 62.8 FT OF N 76.8 FT, E 5 FT OF S 63.2 FT OF LT 19 & LT 20/LESS N 1.60 FT/ BLK 26
Tax Annual Amount
14902
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Electric, Central Air
Water source
Public
Building Details
Year built
1925
Floors in Building
1
Number of units
7
Listing Agency:
The Keyes Company (PBG)
(561) 845-6036
Listed By:
Carmella Smith · License #3229139
(561) 309-6761
Added: Nov 6, 2025
Changed: Jul 28
Last Checked: Jul 30 at 3:06AM
MLS# R11138384
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.
Investment Insights
Based on property information with market context.
This for-sale redevelopment portfolio includes a group of office-related properties at 401, 403, 405, 407, 409, 411, and 413 North Rosemary Avenue, West Palm Beach, FL 33401. The portfolio is described as containing 5 stories of air rights, providing an option for vertical expansion as permitted under applicable requirements. The offering is structured as one transaction and is not being subdivided or sold separately. The stated lot size is 0.21 acres, and the property size is 5,452 square feet.
The properties are located within the Downtown West Palm Beach corridor, with the portfolio positioned on North Rosemary Avenue. Zoning is listed as NWD-5. The seller notes that the combination of location and zoning, along with available air rights, supports planning for vertical development or future mixed-use development, subject to approvals.
For buyers and development teams evaluating a centralized redevelopment approach, this assemblage offers a single ownership path to pursue changes supported by the listed zoning and available air rights. Because the portfolio is offered as one package, it may be better suited to operators and investors seeking to control the entire configuration rather than acquiring smaller individual parcels.
The properties are located within the Downtown West Palm Beach corridor, with the portfolio positioned on North Rosemary Avenue. Zoning is listed as NWD-5. The seller notes that the combination of location and zoning, along with available air rights, supports planning for vertical development or future mixed-use development, subject to approvals.
For buyers and development teams evaluating a centralized redevelopment approach, this assemblage offers a single ownership path to pursue changes supported by the listed zoning and available air rights. Because the portfolio is offered as one package, it may be better suited to operators and investors seeking to control the entire configuration rather than acquiring smaller individual parcels.
Key Highlights
- Redevelopment real estate portfolio in Downtown West Palm Beach, FL at 401, 403, 405, 407, 409, 411 & 413 N Rosemary Ave (one transaction).
- Portfolio includes 5 stories of air rights.
- Central heating with central air and electric cooling.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Redevelopment portfolio with five stories of air rights, offered as one for-sale transaction in West Palm Beach.
Where is this office building located?
The property is located at 401 N Rosemary Avenue West Palm Beach, FL.
What is the asking price?
The asking price for this property is $20,000,000.
What are key features of this property?
This property features: Redevelopment real estate portfolio in Downtown West Palm Beach, FL at 401, 403, 405, 407, 409, 411 & 413 N Rosemary Ave (one transaction).; Portfolio includes 5 stories of air rights.; Central heating with central air and electric cooling.
