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    313 Datura St West Palm Beach, FL 33401

    Sponsored
    For Lease
    $45 SF/Yr

    West Palm Beach Creative Office, Restaurant Opportunity

    Lot size:
    21,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    Halsey Place, located at 313 Datura St, West Palm Beach, FL 33401, presents a unique investment opportunity. This three-story, 21,500 square foot building, originally constructed in 1924 as the Hotel Halsey, underwent a complete renovation in 2019. Currently offering multiple tenancies, 10,278 square feet are available for lease. The building boasts a mixed-use design, encompassing creative office spaces and restaurant potential. Two contiguous spaces are immediately available, ranging from 4,870 to 5,408 square feet. The property sits on a 0.241-acre lot. The building's history is rich, blending its original charm with modern updates. The ground floor is ideal for retail or restaurant use, while the second and third floors provide ample creative office space. A significant feature is the Carriage House located at the rear, accessible from the alley, which offers the potential for a restaurant with a rooftop bar. Virtual tours and floor plans are available online. This property offers a blend of historical character and modern functionality, making it an exceptional opportunity in the vibrant West Palm Beach market.

    Property Features for 313 Datura St

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    21,500 SF
    Total Rate
    80625

    Building Details

    Year Built/Renovated
    1924/2019
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 200
    Size
    5,408 SF
    Rate per SF
    $45
    Space
    Suite 300
    Size
    4,870 SF
    Rate per SF
    $45

    HighLights

    • 21,500 SF mixed‑use building, completely renovated in 2019.
    • One block to Brightline station, providing easy access to Ft. Lauderdale & Miami.
    • Excellent location near restaurants and shops.
    • Situated in West Palm Beach's Flagler Financial District.
    • Just over a block from the Intracoastal Waterway.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lemonlight Video Production Service Search Appeal Website Designer Cosmic Strawberry Software Company Third Wave Technology Software Company RunBrook Environmental Consultant

    Suggested Use

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

    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
    -80.0525755
    Latitude
    26.7126607

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    FAQs

    What type of property is this?
    Restaurant - West Palm Beach Creative Office, Restaurant Opportunity
    Where is this restaurant located?
    The property is located at 313 Datura St West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $45 SF/Yr.
    What are key features of this property?
    This property features: 21,500 SF mixed-use building, completely renovated in 2019.; One block to Brightline station, providing easy access to Ft. Lauderdale & Miami.; Excellent location near restaurants and shops.
    Request Owner's contact information
    313 Datura St 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
    313 Datura St West Palm Beach, FL 33401
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