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Corner Office Space For Sale

631 Us-1 North Palm Beach, FL

631 Us-1, North Palm Beach, FL
$625,000
For Sale
Claim this Listing
$625,000

SINGLE_FAMILY - North Palm Beach, FL

Property Size2,039 SF
Lot Size1.65 Acres
Price / SF$306.52
AddedMay 26
Days on Market51
Last RefreshJul 15 at 2:06 pm

Property Features for 631 Us-1

General Information

Property type
Residential
Property subtype
Office
Zoning
CA (city)
Parking
196
Parking features
Assigned
Standard status
Active
APN
68434216300003050
Size
2,039 SF
Lot size
1.65 Acres

Taxes and HOA fees

Tax Year
2025
Tax Description
ATRIUM OFFICE CONDOMINIUM UNIT 305
Tax Annual Amount
8148

Utilities

Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
1985
Floors in Building
4
Flooring type
Wood
Building materials
CBS

Listing agent Robert C Armstrong Jr. License #3129891

Listing office The Keyes Company (PBG) 11290 Legacy Ave., #210, Miami, FL

Listing date May 26, 2026

MLS# B26034340

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 corner office space is available for sale in North Palm Beach, Florida. The property is situated on a 1.65-acre lot. The building offers 2039 square feet of space. The zoning is CA (city).

Key Highlights

  • Corner office space, offering great natural light.
  • Assigned parking for convenience.
  • Central air cooling to keep you comfortable.

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $93.0k $45.60
− Vacancy −$20.9k −$10.26
EGI $72.1k $35.34
− OpEx −$18.0k −$8.84
NOI $54.0k $26.51
2,039 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$772.1K
$675.6K – $900.7K (±1% cap)
NOI $54,044 @ 7.0% cap · market cap 8.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.44M
$1.26M – $1.68M (±1% cap)
NOI $100,518 @ 7.0% cap · market cap 16.08%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Office Units

FAQs

What type of property is this?
Office units - Corner office space available in North Palm Beach, Florida.
Where is this office units located?
The property is located at 631 Us-1 North Palm Beach, FL.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Corner office space, offering great natural light.; Assigned parking for convenience.; Central air cooling to keep you comfortable.
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More about this property
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