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    2151 45Th St West Palm Beach, FL 33407

    For Lease
    $18 SF/Yr

    Prime Medical Office Suites, West Palm Beach

    Lot size:
    73,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    364
    This exceptional medical office property in West Palm Beach, Florida, offers 73,500 square feet of space across two, two-story buildings. Currently, 22,283 square feet are available, divisible into units ranging from 318 to 3,079 contiguous square feet. Tenants will benefit from ample parking, boasting a generous 3 spaces per 1,000 square feet ratio, including covered drop-off areas at both building entrances and a unique covered walkway directly to the adjacent hospital. Recent ownership has invested in significant upgrades to lobbies, suites, and common areas, resulting in renovated, move-in ready spaces. The property enjoys a highly desirable location on the grounds of JFK North Hospital (HCA), providing unparalleled convenience and visibility. Its proximity to the Palm Beach Outlet Mall, featuring Whole Foods and numerous restaurants and shops, enhances its appeal. Furthermore, the property's strategic location is less than half a mile from I-95 and 2.5 miles from the Florida Turnpike/Beeline Extension, ensuring easy access for patients and staff. Nearby medical facilities include the Veteran's Medical Affairs Center, St. Mary's Hospital, and Palm Beach Children's Hospital. Importantly, this property has no ground lease restrictions. Note that tenant electric and janitorial services are not included in the rate.

    Property Features for 2151 45Th St

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    73,500 SF
    Total Rate
    113312.5

    Building Details

    Buildings
    2
    Stories
    2

    Unit(s) available at that property

    Space
    Bldg 2051_Suite 301
    Size
    3,097 SF
    Rate per SF
    $18
    Space
    Bldg 2151_Suite 203
    Size
    1,069 SF
    Rate per SF
    $18
    Space
    Bldg 2051_Suite 208
    Size
    1,457 SF
    Rate per SF
    $18
    Space
    Bldg 2151_Suite 110
    Size
    1,214 SF
    Rate per SF
    $18
    Space
    Bldg 2051_Suite 200
    Size
    3,000 SF
    Rate per SF
    $18
    Space
    Bldg 2051_Suite 205
    Size
    1,952 SF
    Rate per SF
    $18
    Space
    Bldg 2051_Suite 103
    Size
    1,482 SF
    Rate per SF
    $18
    Space
    Bldg 2151_Suite 302
    Size
    915 SF
    Rate per SF
    $18
    Space
    Bldg 2151_Suite 303
    Size
    2,205 SF
    Rate per SF
    $18
    Space
    Bldg 2151_Suite 101
    Size
    1,929 SF
    Rate per SF
    $18

    HighLights

    • 73,500 SF medical office building in West Palm Beach, FL, comprised of two two‑story buildings.
    • 22,283 SF of immediately available space, divisible into suites from 318 SF to 3,079 SF.
    • Ample parking (3 spaces per 1,000 SF), including covered drop‑off areas and a covered walkway to JFK North Hospital.
    • Recently renovated lobbies, suites, and common areas.
    • On‑campus location at JFK North Hospital (HCA), with proximity to I‑95, the Florida Turnpike, and Palm Beach Outlet Mall.
    • No ground lease restrictions.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Robert Gardner Surgeon Columbia Partial Hospital Mental Health Service Columbia Home Health ... Home Health Care Service My Way Pediatrics ... Pediatrician Dr. Paula Echeverri ... Pediatrician

    Suggested Use

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

    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
    -80.0869282
    Latitude
    26.7614116

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    FAQs

    What type of property is this?
    Medical office - Prime Medical Office Suites, West Palm Beach
    Where is this medical office located?
    The property is located at 2151 45Th St West Palm Beach, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: 73,500 SF medical office building in West Palm Beach, FL, comprised of two two-story buildings.; 22,283 SF of immediately available space, divisible into suites from 318 SF to 3,079 SF.; Ample parking (3 spaces per 1,000 SF), including covered drop-off areas and a covered walkway to JFK North Hospital.
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    2151 45Th St West Palm Beach, FL 33407
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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
    2151 45Th St West Palm Beach, FL 33407
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