Commercial Land With Air
For Sale
$20,000,000
401 N Rosemary Avenue, West Palm Beach, FL 33401
Commercial Sale, West Palm Beach, FL
Property Size5,452 SF
Lot Size0.21 Acres
Price / SF$3,668
Days on Market312
Property Features for 401 N Rosemary Avenue
General Information
Property type
Residential
Property subtype
Office
Zoning
NWD-5
Bathrooms
5
Full bathrooms
5
Rooms
Bathroom 3, Bathroom 4, Bathroom 1, Bathroom 2, Bathroom 5
Directions
I95 to exit 70 to Okeechobee Blvd. toward Downtown West Palm Beach, heading East for about 1.5 miles. Turn left onto S Rosemary Avenue, continue N to 401 N Rosemary Ave on the left. (near 4th)
Subdivision
5420
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
Legal 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
Utilities
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
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: Sep 13
Last Checked: Sep 14 at 4:06AM
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 commercial land portfolio covers 0.21 acres and includes 5,452 square feet of property across multiple contiguous addresses on North Rosemary Avenue. The offering includes five stories of air rights, supporting the potential for vertical expansion or future mixed-use redevelopment as described for the site. NWD-5 zoning is in place.
The property is located in Downtown West Palm Beach, within the 33401 postal area. Public water and public sewer serve the property. Improvements date to 1925 and include central heating and central air conditioning with electric cooling. The portfolio is offered as one transaction and will not be subdivided or sold separately.
The property is located in Downtown West Palm Beach, within the 33401 postal area. Public water and public sewer serve the property. Improvements date to 1925 and include central heating and central air conditioning with electric cooling. The portfolio is offered as one transaction and will not be subdivided or sold separately.
Key Highlights
- 0.21‑acre commercial land portfolio in Downtown West Palm Beach
- 5,452 square feet of property across 401–413 North Rosemary Avenue
- Five stories of air rights included
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
4,514
Businesses Nearby
Explore this area
Business Placement
Demographics for 33401, FL
31,302
Population
19,051
Households
1.6
Avg Household Size
40
Median Age
42%
College-Educated
89%
High-School Grad
5.1 sq mi
ZIP Area
6,138
Density / Sq Mi
$60,942
Median Household Income
$39,932
Median Earnings
$1,774
Median Rent
$430,900
Median Home Value
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Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Commercial land - Downtown redevelopment portfolio with NWD-5 zoning and five stories of air rights.
Where is this commercial land 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: 0.21‑acre commercial land portfolio in Downtown West Palm Beach; 5,452 square feet of property across 401–413 North Rosemary Avenue; Five stories of air rights included
