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    433 Flamingo Dr West Palm Beach, FL 33401

    Sponsored
    For Sale
    $5,895,000

    Prime location, high potential, $5.895M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 433 Flamingo Drive in the heart of West Palm Beach, Florida, presents a unique investment opportunity. Built in 1945, this single-unit building offers unparalleled access to the vibrant cultural scene and upscale amenities of Downtown West Palm Beach. Its strategic location places it within minutes of Palm Beach Island, the renowned Norton Museum of Art, and the bustling shops and restaurants of The Square. The property's versatility makes it ideal for a variety of uses, including, but not limited to, an art gallery or high-end car storage facility. The asking price is $5,895,000. While the lot size is not specified, the property's prime location and potential for diverse commercial applications make it a highly attractive investment. The address is 433 Flamingo Drive, West Palm Beach, FL 33401, situated in Palm Beach County. This is a rare chance to acquire a well-positioned commercial property in one of Florida's most desirable and rapidly growing urban centers. The property's historical context adds to its unique character and potential for adaptive reuse. Serious inquiries are encouraged.

    Property Features for 433 Flamingo Dr

    General Information

    Property type
    Mixed-use properties

    Building Details

    Year Built
    1945
    Units
    1

    HighLights

    • $5,895,000 asking price.
    • Mixed‑use property.
    • Single unit.
    • 1945 construction.
    • Located at 433 Flamingo Drive, West Palm Beach, FL 33401.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Dental Office Spa & Massage Law Firm Hair Salon Nail Salon Building Supply Daycare Center Clothing Store

    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
    -80.0554555
    Latitude
    26.6964651

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    FAQs

    What type of property is this?
    Mixed-use property - Prime location, high potential, $5.895M
    Where is this mixed-use property located?
    The property is located at 433 Flamingo Dr West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $5,895,000.
    What are key features of this property?
    This property features: $5,895,000 asking price.; Mixed-use property.; Single unit.
    Request Owner's contact information
    433 Flamingo Dr 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
    433 Flamingo Dr West Palm Beach, FL 33401
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