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    105 Narcissus Ave West Palm Beach, FL 33401

    For Lease
    $32 SF/Yr

    Historic Downtown WPB Office Space Available

    Lot size:
    49,054 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    368
    The Citizens Building, a prominent 8-story, 49,054-square-foot office building in West Palm Beach's Clematis Historic District, offers exceptional office space for lease. This Class B building, constructed in 1925 and renovated in 2009, features a mix of traditional and creative office suites, ranging from 382 to 2,673 contiguous square feet. Currently, 13,567 square feet are vacant, spread across multiple suites within the 12 total suites. The building boasts a prime location on Narcissus Avenue, directly facing Clematis Street and the Clematis Splash Park, benefiting from high pedestrian traffic and proximity to major events. Enjoy unobstructed views of the Intracoastal Waterway and Palm Beach. Amenities include one hydraulic elevator and convenient parking options, including a nearby city garage. Its central location offers easy access to key landmarks such as the Palm Beach County Courthouse, Brightline station, CityPlace, and The Square. The building's strategic position, one block from US-1 and 1.5 miles from I-95, ensures unparalleled connectivity. A ground floor restaurant space adds to the building's vibrant atmosphere. This property presents a unique opportunity for businesses seeking a prestigious address in a thriving, rapidly growing downtown area. The APN is 74-43-43-21-01-005-0011.

    Property Features for 105 Narcissus Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    49,054 SF
    Class
    B
    Total Rate
    132854.58

    Building Details

    Year Built/Renovated
    1925/2009
    Buildings
    1
    Stories
    8

    Unit(s) available at that property

    Space
    Suite 200
    Size
    1,124 SF
    Rate per SF
    $32
    Space
    Suite 305
    Size
    382 SF
    Rate per SF
    $35
    Space
    Suite 402
    Size
    1,295 SF
    Rate per SF
    $37
    Space
    Suite 410
    Size
    946 SF
    Rate per SF
    $37
    Space
    Suite 306
    Size
    842 SF
    Rate per SF
    $35
    Space
    Suite 310
    Size
    1,263 SF
    Rate per SF
    $35
    Space
    Suite 712
    Size
    484 SF
    Rate per SF
    $45
    Space
    Suite 308
    Size
    896 SF
    Rate per SF
    $35
    Space
    Suite 412
    Size
    1,622 SF
    Rate per SF
    $37
    Space
    Suite 710
    Size
    1,612 SF
    Rate per SF
    $45

    HighLights

    • Stunning Intracoastal Waterway and Palm Beach views.
    • High pedestrian traffic from events such as SunFest and the Palm Beach Boat Show.
    • Exceptional Walk Score of 98 and convenient access to public transit, including Brightline.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Cao Law Group ... Attorney Home Title America Title Company Sarah Gentry Counseling, ... Counselor SMArtX Advisory Solutions Investment Service Merrill PA Divorce Lawyer

    Suggested Use

    Restaurant Spa & Massage Dental Office Realty agency Hair Salon Nail Salon Food Market Grocery Store Clothing Store Daycare Center

    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
    -80.0508073
    Latitude
    26.7130146

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    FAQs

    What type of property is this?
    Office space - Historic Downtown WPB Office Space Available
    Where is this office space located?
    The property is located at 105 Narcissus Ave West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $32-$45 SF/Yr.
    What are key features of this property?
    This property features: Stunning Intracoastal Waterway and Palm Beach views.; High pedestrian traffic from events such as SunFest and the Palm Beach Boat Show.; Exceptional Walk Score of 98 and convenient access to public transit, including Brightline.
    Request Owner's contact information
    105 Narcissus Ave West Palm Beach, FL 33401
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    West Palm Beach, FL 33401
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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
    105 Narcissus Ave West Palm Beach, FL 33401
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