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    1050 Congress Ave West Palm Beach, FL 33409

    Sponsored
    For Sale
    $948,112

    Luxury Warehouses near PBI Airport

    Property size:
    10,895 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 16-unit warehouse complex, located at 1050 N Congress Avenue in West Palm Beach, Florida (zip code 33409), presents a unique investment opportunity. Built in 2024, the property boasts a total of 10,895 square feet, with individual units ranging from 5,011 to 5,884 square feet. Each unit features a private ADA-compliant restroom, solid concrete tilt-wall construction, and 14' x 14' Miami Dade Hurricane Rated insulated garage and pedestrian doors. Security is state-of-the-art, incorporating the latest AI technology with live monitoring. The complex is ideally situated adjacent to The Hangar and within walking distance of Palm Beach International Airport (PBI), making it perfect for secure storage of valuable assets such as wine, art, or automobiles. Airfield Park also includes a modern conference center with a boardroom and ample event space. Select businesses may operate within the park, subject to prior Association approval. The asking price for this prime West Palm Beach industrial property is $948,112. The property is situated on a lot with 0 square feet. Private tours are available for qualified buyers.

    Property Features for 1050 Congress Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    10,895 SF

    Building Details

    Year Built
    2024
    Units
    16

    HighLights

    • Exceptional 16‑unit warehouse complex in West Palm Beach, FL (33409).
    • Newly constructed (2024), totaling 10,895 square feet with units ranging from 5,011 to 5,884 square feet.
    • Each unit features private ADA‑compliant restrooms, solid concrete tilt‑wall construction, and hurricane‑rated doors.
    • State‑of‑the‑art security with AI and live monitoring.
    • Prime location near Palm Beach International Airport (PBI) and The Hangar.
    • Asking price: $948,112.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Suggested Use

    Restaurant Realty agency Law Firm Dental Office Spa & Massage Building Supply Wholesale Shop Hair Salon Auto Repair Shop Nail Salon

    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
    -80.1037721
    Latitude
    26.7152999

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    FAQs

    What type of property is this?
    Distribution property - Luxury Warehouses near PBI Airport
    Where is this distribution property located?
    The property is located at 1050 Congress Ave West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $948,112.
    What are key features of this property?
    This property features: Exceptional 16-unit warehouse complex in West Palm Beach, FL (33409).; Newly constructed (2024), totaling 10,895 square feet with units ranging from 5,011 to 5,884 square feet.; Each unit features private ADA-compliant restrooms, solid concrete tilt-wall construction, and hurricane-rated doors.
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    1050 Congress Ave West Palm Beach, FL 33409
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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
    1050 Congress Ave West Palm Beach, FL 33409
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