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    428 Avon Rd West Palm Beach, FL 33401

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    For Sale
    $7,950,000

    Five parcels totaling 0.79 acres with approved development plans.

    Property Features for 428 Avon Rd

    General Information

    Standard status
    Active

    Building Details

    Year built
    1972

    Source: Palm Beach Agent Franny Frisbie

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Prime Location Land Parcels

    This sale includes five parcels totaling 0.79 acres located at 428 Avon Rd and 429 Belvedere Rd. Approved plans are available showcasing a luxury car club concept, which includes private garages, a social lounge, offices, and entertainment spaces. These approved plans encompass three of the five parcels. The two Belvedere parcels provide long-term optionality for added development or future repositioning. The five parcels contain the following legal addresses: (1) SUNSHINE PARK ADD NO 1 LTS 174 175 (LESS S 15 FT BELVEDERE RD R/W), (2) SUNSHINE PARK ADD NO 1 LTS 176 THRU 179 (LESS S 15 FT BELVEDERE RDR/W), (3) SUNSHINE PARK ADD 1 LTS 148 TO 151 INC, (4) SUNSHINE PARK ADD 1 LTS 152 153, (5) SUNSHINE PARK ADD 1 LTS 154 155.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Frost Roofing Service ... Roofing Supply Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0556816
    Latitude
    26.6908749

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    FAQs

    What type of property is this?
    Commercial land - Five parcels totaling 0.79 acres with approved development plans.
    Where is this commercial land located?
    The property is located at 428 Avon Rd West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $7,950,000.
    What are key features of this property?
    This property features: - Approved plans for a luxury car club with private garages, social lounge, offices, and entertainment spaces.; - Prime location on Avon Rd and Belvedere Rd.; - Total of 0.79 acreage across 5 parcels.
    (215) 353-8636
    Request Owner's contact information
    428 Avon Rd West Palm Beach, FL 33401
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    428 Avon Rd
    West Palm Beach, FL 33401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    428 Avon Rd West Palm Beach, FL 33401
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