Elevator-Served Office
New
For Lease
$20 SF/Yr CAM $9.46 /USD/SF/YR
5114 OKEECHOBEE Boulevard, West Palm Beach, FL 33417
Commercial Lease, West Palm Beach, FL
Space Size1,025 SF
Lot Size3.27 Acres
Days on Market2
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Property Features for 5114 OKEECHOBEE Boulevard
General Information
Property type
Commercial Lease
Property subtype
Office
Zoning
CG
Parking
84
Lot features
Landscaped
Directions
From Florida's Turnpike, exit at Okeechobee Blvd and head east. Property is on the south side of Okeechobee Blvd just west of N Haverhill Rd. Use the single campus entrance; 5114 is the eastern building.
Subdivision
5500
Standard status
Active
APN
00424326000001310
Size
19,525 SF
Lot size
3.27 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
26-43-42~ N 33O FT OF W 515 FTOF E 865 FT OF NE 1/4 (LESS NLY 62 FT OKEECHOBEE RD R/W)
Tax Annual Amount
95523
Legal Description
26-43-42~ N 33O FT OF W 515 FTOF E 865 FT OF NE 1/4 (LESS NLY 62 FT OKEECHOBEE RD R/W)
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central, Electric (Heating)
Cooling system
Central Air
Water source
Public
Building Details
Year built
1982
Floors in Building
2
Number of units
1
Flooring type
Vinyl
Building materials
Block, Concrete
Roof type
Flat
Listing Agency:
Compass Florida LLC
(561) 285-4794
Listed By:
Brad Kuskin · License #3333122
(561) 232-7899
Added: Oct 14
Last Checked: Oct 15 at 2:06PM
MLS# B26088403
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.
The 1,025-square-foot office suite occupies the second floor of 5114 Okeechobee Boulevard in West Palm Beach. An elevator serves the space, which is vacant. Surgical and full medical uses are not permitted. The property is zoned CG.
The site includes 84 free surface parking spaces and fronts Okeechobee Boulevard, where traffic is approximately 68,500 vehicles per day. Florida’s Turnpike is about two minutes away, and I-95 is approximately six minutes away. Lease terms of three to 10 years are preferred, with flexibility in guarantee structures.
The site includes 84 free surface parking spaces and fronts Okeechobee Boulevard, where traffic is approximately 68,500 vehicles per day. Florida’s Turnpike is about two minutes away, and I-95 is approximately six minutes away. Lease terms of three to 10 years are preferred, with flexibility in guarantee structures.
Key Highlights
- 1,025‑square‑foot second‑floor office suite with elevator access
- 84 free surface parking spaces
- Frontage on Okeechobee Boulevard, with approximately 68,500 vehicles per day
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
$3.00 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
1,040
Businesses Nearby
Explore this area
Business Placement
Demographics for 33417, FL
34,153
Population
20,450
Households
1.7
Avg Household Size
48
Median Age
26%
College-Educated
83%
High-School Grad
6.6 sq mi
ZIP Area
5,175
Density / Sq Mi
$50,077
Median Household Income
$35,036
Median Earnings
$1,533
Median Rent
$159,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for West Palm Beach, FL
$34.36 /SF/Yr
Avg Asking Price
$5.44–$77 /SF/Yr
Price Range
5,540 SF
Avg Space Size
This space is priced 42% below the average of $34.36 /SF/Yr.
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office units - Vacant second-floor space offers elevator access and is zoned CG.
Where is this office units located?
The property is located at 5114 OKEECHOBEE Boulevard West Palm Beach, FL.
What is the lease rate?
The lease rate is $20 SF/Yr.
What are key features of this property?
This property features: 1,025‑square‑foot second‑floor office suite with elevator access; 84 free surface parking spaces; Frontage on Okeechobee Boulevard, with approximately 68,500 vehicles per day
