North Palm Beach Office
721 US Hwy 1 North Palm Beach, FL
721 US Hwy 1, North Palm Beach, FL, 00000
Contact for pricing
For Sale
Contact for pricing
Office space available in North Palm Beach, Florida.
Property Size1,200 SF
Lot Size1.99 Acres
Price / SF$332.92
Days on Market429
Property Features for 721 US Hwy 1
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Lot size
- 1.99 Acres
- Property subtype
- OFFICE
Listing agency
Touchstone Webb Realty Company
(561) 358-6868
Listed by
Lauren Thomas · License #3379509
Source
Moodyscre
Added: May 19, 2025 Updated: Jul 6 at 10:01AM Checked: Jul 21 at 4:47AM
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 Touchstone Webb Realty Company
Investment Insights
Based on property information with market context.
This commercial property offers 1,200 square feet of office space. Located in North Palm Beach, Florida, the property is situated on US Hwy 1.
Key Highlights
- Office space available.
- Located in North Palm Beach, Florida.
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 | $54.7k | $45.60 |
| − Vacancy | −$12.3k | −$10.26 |
| EGI | $42.4k | $35.34 |
| − OpEx | −$10.6k | −$8.84 |
| NOI | $31.8k | $26.51 |
1,200 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$454.4K
$397.6K – $530.1K
NOI $31,806 @ 7.0% cap · market cap 7.96%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$845.1K
$739.5K – $986.0K
NOI $59,158 @ 7.0% cap · market cap 14.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Office space available in North Palm Beach, Florida.
Where is this office units located?
The property is located at 721 US Hwy 1 North Palm Beach, FL.
What is the asking price?
The asking price for this property is $399,500.
What are key features of this property?
This property features: Office space available.; Located in North Palm Beach, Florida.
