Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search

    5500 Village Blvd West Palm Beach, FL 33407

    For Sale
    $14,000,000

    Class A Office Building, 37,274 SF

    Property size:
    37,274 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional Class A office building, The Atrium, presents a unique investment opportunity in West Palm Beach, Florida. Located in the North Point Business Park, this 37,274-square-foot, two-story building boasts a striking central atrium, abundant natural light from large windows, and a desirable lakeside location. Built in 1989 and renovated in 2005, the property sits on a 3.154-acre lot and offers a 5:1,000 parking ratio, a significant advantage given its convenient location just one stoplight from I-95. The building's flexible design allows for single-tenant occupancy or easy division to accommodate two to four tenants. Each wing features a blend of open workspaces, private offices, and conference rooms, catering to diverse business needs. The spacious atrium provides a welcoming common area with potential for additional amenities. Enjoy stunning lake views from the east side of the building and access to a half-mile walking trail along the lake's perimeter. The asking price is $14,000,000, and the property is offered with a NNN lease type. The building's Net Rentable area is 18,637 square feet. The property's APN is 74434306100000131. This prime location offers proximity to numerous restaurants and retailers, making it an attractive option for both employees and clients. The building's architectural design includes a second-floor balcony overlooking the central atrium. This property is suitable for traditional office, medical office, or creative office uses.

    Property Features for 5500 Village Blvd

    General Information

    Property type
    Office space
    Square Feet
    37,274 SF
    Class
    A
    Lot Size
    137,388 SF

    Building Details

    Year Built/Renovated
    1989/2005
    Buildings
    1
    Stories
    2

    HighLights

    • 37,274 SF office building in North Point Business Park.
    • West Palm Beach location, one block from I‑95, near restaurants and shops.
    • Two‑story Class A building with central atrium, open workspace, private offices, and conference rooms.
    • Abundant natural light.
    • East‑side lake views and access to a half‑mile walking trail.
    • Can be leased as two separate 18,637 SF floors.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    otis utc Corporate Office Starbucks Coffee Shop Litt Jeffrey M ... Doctor Mcmahon & Associates Inc Civil Engineer Allegiance Marketing Group: ... Insurance Agency

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -80.0987978
    Latitude
    26.7622451

    Nearby Similar for Sale

    • $4,000,000
      9,828 SF

      Singer Island Quadplex Investment Opportunity

      Turnkey quadplex near beach with strong rental income potential.
      1100 Cabana Rd, West Palm Beach, FL 33404
      View Details
    • $554,900
      Pending

      Income-Producing Duplex in West Palm Beach

      Duplex in prime location, ideal for investors or owner-occupants.
      924 Mcintosh St, West Palm Beach, FL 33405
      View Details
    • $554,900
      1,666 SF

      Income Producing Duplex in Florida

      West Palm Beach duplex with income potential near beaches.
      924 Mcintosh St, West Palm Beach, FL 33405
      View Details
    • New
      $875,000
      4,959 SF

      West Palm Beach Investment Opportunity

      Rare opportunity: 3 lots, 4 buildings, 7 rentable units.
      5501 Manning Ave, West Palm Beach, FL 33407
      View Details
    • $1,100,000
      0.32 Acres

      West Palm Beach Commercial Property

      Commercial property in high-traffic area, West Palm Beach, Florida.
      1500 S Military Trl, West Palm Beach, FL 33415
      View Details
    • $1,100,000
      0.32 Acres

      West Palm Beach Commercial Property

      Commercial property in high-traffic area on Military Trail.
      1500 S Military Trl, West Palm Beach, FL 33415
      View Details

    FAQs

    What type of property is this?
    Office space - Class A Office Building, 37,274 SF
    Where is this office space located?
    The property is located at 5500 Village Blvd West Palm Beach, FL.
    What is the asking price?
    The asking price for this property is $14,000,000.
    What are key features of this property?
    This property features: 37,274 SF office building in North Point Business Park.; West Palm Beach location, one block from I-95, near restaurants and shops.; Two-story Class A building with central atrium, open workspace, private offices, and conference rooms.
    Request Owner's contact information
    5500 Village Blvd West Palm Beach, FL 33407
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    5500 Village Blvd
    West Palm Beach, FL 33407
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    5500 Village Blvd West Palm Beach, FL 33407
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.