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Luxury Office Space in Palm Beach
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420 Royal Palm Way, Palm Beach, FL 33480

Executive suites in Banker's Row, steps from Worth Avenue.

Space Size2,300 SF - 4,903 SF
Property Size13,948 SF
Days on Market149

Property Features for 420 Royal Palm Way

General Information

Standard status Active
Size 2,300 SF - 4,903 SF
Class B
Property subtype Office
Lease Type NNN

Building Details

Building Size 13,948 SF
Year Built 2002
Tenancy Multiple

Spaces For Lease

at 420 Royal Palm Way Contact us

Suite 300

Size
4,903 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us

Suite 310

Size
2,300 SF
Type
Office
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Nova Capital LLC
Listed By: J.C. Molano · License #CQ1073621
Source: Crexi
Added: Mar 17 Changed: Aug 8 Last Checked: Aug 12 at 11:16AM

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 Nova Capital LLC

Investment Insights

Based on property information with market context.

Located on Royal Palm Way in Palm Beach's Banker’s Row district, this property offers a business presence in an affluent South Florida market. The building features Spanish-style architecture, refined interiors, and an attached private parking garage. Executive suites are available in sizes of 2,300 SF and 4,903 SF, with layouts including private offices, conference rooms, reception areas, and kitchen facilities. The surrounding area has a high-net-worth community with average household incomes of approximately $140,000, making it suitable for professional and financial service firms. The property is located steps from retail and dining options, including Chanel, Akris, and Worth Avenue. Palm Beach Atlantic University, the Convention Center, and Palm Beach International Airport (PBI) are located within minutes of the property, providing local and regional access.

Key Highlights

  • Prime Palm Beach location on Royal Palm Way in the prestigious Banker’s Row district.
  • Walkable access to world‑class retail and dining on Worth Avenue.
  • Flexible executive suites available in 2,300 SF and 4,903 SF configurations.

Property Analytics

Current Use

GreenBlock Capital Bank Conner Strong & Buckelew Insurance Agency Atlas Group LTD. Construction Company Coastal Concierge Home ... Property Management Company Future Healthcare of America Home Health Care Service

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Locksmith Daycare Center Pet Grooming Service Mobile Phone 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.

Lease Details

NNN (Triple Net)
Lease Type
$9.76 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

1,504
Businesses Nearby

Demographics for 33480, FL

10,716
Population
12,438
Households
0.9
Avg Household Size
68
Median Age
65%
College-Educated
98%
High-School Grad
3.9 sq mi
ZIP Area
2,748
Density / Sq Mi
$151,121
Median Household Income
$81,850
Median Earnings
$1,840
Median Rent
$1,218,500
Median Home Value

Market

Lease Benchmarks for Palm Beach, FL

$110 /SF/Yr
Avg Asking Price
$55–$174 /SF/Yr
Price Range
3,311 SF
Avg Space Size

This space is priced 41% below the average of $110 /SF/Yr.

Vacancy Rate% for Office in Palm Beach, FL

14.5% 2019
14.7% 2020
12.5% 2021
10.7% 2022
11.6% 2023
13.8% 2024
13.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Executive suites in Banker's Row, steps from Worth Avenue.
Where is this office units located?
The property is located at 420 Royal Palm Way Palm Beach, FL.
What is the lease rate?
The lease rate is $65.04 SF/Yr.
What are key features of this property?
This property features: Prime Palm Beach location on Royal Palm Way in the prestigious Banker’s Row district.; Walkable access to world‑class retail and dining on Worth Avenue.; Flexible executive suites available in 2,300 SF and 4,903 SF configurations.
More about this property
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