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    277 Evernia St West Palm Beach, FL 33401

    Sponsored
    For Lease
    $49 SF/Yr

    Prime 1821 sq ft Retail Condo

    Lot size:
    1,821 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 1,821 square foot Class A retail condo is situated in the vibrant heart of downtown West Palm Beach, Florida, at 277 Evernia Street, zip code 33401. Located within a newly constructed Class AAA high-rise residential tower, this single-tenant space boasts excellent street frontage on both Evernia and Olive Streets, offering unparalleled visibility and accessibility. The property is a ground floor unit, perfect for a variety of uses including office, office services, showroom, cafe, or other retail ventures. Its "NNN" lease structure provides a clear and straightforward financial arrangement. The space is move-in ready, presenting a unique opportunity for a business seeking a high-profile location in a rapidly growing area of West Palm Beach. The property's prime location within Palm Beach County ensures high foot traffic and exposure to a diverse clientele. This is an exceptional opportunity to establish or expand your business in a thriving and desirable urban setting. The space is adaptable and ready for immediate occupancy.

    Property Features for 277 Evernia St

    General Information

    Property type
    NNN properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,821 SF
    Class
    A

    Unit(s) available at that property

    Space
    Size
    1,821 SF
    Rate per SF
    $49

    HighLights

    • 1,821 SF Class A retail condo in downtown West Palm Beach (33401), located at 277 Evernia Street.
    • On‑site parking available.
    • Less than one hour to Fort Lauderdale.
    • Two blocks south of Clematis Street.
    • Excellent location offering access to numerous residential, business, entertainment, and cultural amenities.
    • Five blocks from Tri‑Rail and Brightline stations.
    Property Profile Location Intelligence

    Current Use by Public Records

    New Penn Financial, ... Financial Consultant Aleida Salvador-Harbeck | Caliber ... Mortgage Lender Caliber Home Loans Loan Agency Mortgagesbycheryllynn Mortgage Lender

    Suggested Use

    Restaurant Dental Office Spa & Massage 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
    -80.0518163
    Latitude
    26.7114024

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    FAQs

    What type of property is this?
    NNN property - Prime 1821 sq ft Retail Condo
    Where is this nnn property located?
    The property is located at 277 Evernia St West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $49 SF/Yr.
    What are key features of this property?
    This property features: 1,821 SF Class A retail condo in downtown West Palm Beach (33401), located at 277 Evernia Street.; On-site parking available.; Less than one hour to Fort Lauderdale.
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    277 Evernia St 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
    277 Evernia St West Palm Beach, FL 33401
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