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Warehouse Unit with Loft
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66-1122 N Congress Ave, West Palm Beach, FL 33409

Insulated warehouse unit with a private ensuite and app-controlled climate and humidity systems.

Property Size1,632 SF
Price / SF$3.19
Days on Market59

Property Features for 66-1122 N Congress Ave

General Information

Standard status Active
Size 1,632 SF

Warehouse & Industrial

Clear Height 20 ft
Warehouse Space 1,200 SF
Mezzanine 432 SF
Drive-In Doors 1
Conditioned Warehouse Yes

Taxes and HOA fees

Annual Taxes $17,268

Amenities

luxury lounge
executive boardroom
championship golf simulator
sunset rooftop terrace
secure campus-wide Wi-Fi
private airport transportation

Building Details

Construction tilt-up concrete
Listing Agency: Illustrated Properties
Listed By: Sydney Brams · License #3548897
Source: Exprealty
Added: Aug 25 Changed: Oct 21 Last Checked: Oct 21 at 2:48AM

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 Illustrated Properties

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Investment Insights

Based on property information with market context.

Located at 66-1122 N Congress Ave in West Palm Beach, this warehouse unit combines a 24' x 50' primary bay with an integrated 18' x 24' loft, totaling 1,632 SF. Solid concrete tilt-up walls, full insulation, and 20' ceilings support storage and display of vehicles, aviation assets, fine art, or use as a private retreat. A 14' x 14' hurricane-certified motorized door provides access to the main bay, while the private ensuite adds convenience.

The unit includes precision climate and humidity control with app access. Ownership also includes access to a members-only lounge, executive boardroom, championship golf simulator, rooftop terrace, secure campus-wide Wi-Fi, and private airport transportation.

Key Highlights

  • 1,632 SF warehouse unit with a 24' x 50' main bay and 18' x 24' loft
  • Solid concrete tilt‑walls with full insulation and 20' ceilings
  • 14' x 14' hurricane‑certified motorized door

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,178
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,560 $363.6K
Cap Rate 7%
$259,686 $259.7K
Cap Rate 9%
$201,978 $202.0K
Market Conditions
NOI Build-Up for 1,632 SF
Gross rent
$23.5K $14.40/SF
− Vacancy
−$2.1K −$1.30/SF
EGI
$21.4K $13.10/SF
− OpEx
−$3.2K −$1.97/SF
NOI
$18.2K $11.14/SF
Area
West Palm Beach, FL
Vacancy
9.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$363,560
Cap Rate 7%
$259,686
Cap Rate 9%
$201,978

Alternative Uses

Best Use
Warehouse
$259.7K
$227.2K – $303.0K (±1% cap)
NOI $18,178 @ 7.0% cap · market cap 349.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.01M – $1.34M (±1% cap)
NOI $80,454 @ 7.0% cap · market cap 1,547.19%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Warehouses

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Hotel & Motel (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

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

20 ft
Clear height
1
Drive-in doors

Location Intelligence

Trade Area within ½ mile

898
Businesses Nearby
Well-served
Demand for This Use

Demographics for 33409, FL

33,061
Population
13,715
Households
2.4
Avg Household Size
34
Median Age
27%
College-Educated
80%
High-School Grad
6.3 sq mi
ZIP Area
5,248
Density / Sq Mi
$65,206
Median Household Income
$34,994
Median Earnings
$1,633
Median Rent
$282,900
Median Home Value

Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025

Similar Off Market Nearby

  • Public Storage — 3601 W Blue Heron Blvd, Riviera Beach, FL 33404
  • McKee's Moving and Storage — 3705 shares pl #6, west palm beach, fl 33404
  • Prime Storage — 210 N Congress Ave, Lake Park, FL 33403
  • Public Storage — 1450 Watertower Rd, Lake Park, FL 33403
  • Dixie Moving and Storage — 1125 old dixie hwy, lake park, fl 33403

Frequently Asked Questions

What type of property is this?
Warehouse - Insulated warehouse unit with a private ensuite and app-controlled climate and humidity systems.
Where is this warehouse located?
The property is located at 66-1122 N Congress Ave West Palm Beach, FL.
What are key features of this property?
This property features: 1,632 SF warehouse unit with a 24' x 50' main bay and 18' x 24' loft; Solid concrete tilt‑walls with full insulation and 20' ceilings; 14' x 14' hurricane‑certified motorized door
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