Storefront Property with Central
New
For Sale
$475,000
Established Florist Business w/Real Estate, West Palm Beach, FL
Business Opportunity, West Palm Beach, FL
Property Size1,062 SF
Price / SF$447.27
Days on Market1
Property Features for Established Florist Business w/Real Estate
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
UC
Subdivision
5420
Standard status
Active
Size
1,062 SF
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
2939
Utilities
Utilities
Water Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
2005
Floors in Building
1
Listing Agency:
Keller Williams Realty - Wellington
(561) 472-1236
Listed By:
Vincent Borriello · License #3417485
(732) 939-7726
Added: Oct 22
Last Checked: Oct 22 at 7:06PM
MLS# B26091516
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering pairs an established florist operation with a 1,062-square-foot storefront built in 2005. The premises have central heating and central air conditioning, with public water and sewer service. Zoning is UC.
The florist business has operated in West Palm Beach since 1988, and the real estate is included in the offering.
The florist business has operated in West Palm Beach since 1988, and the real estate is included in the offering.
Key Highlights
- 1,062‑square‑foot commercial property
- Florist business operating since 1988 is included
- Built in 2005
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,014
Cap Rate
3.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,280
$300.3K
Cap Rate 7%
$214,486
$214.5K
Cap Rate 9%
$166,822
$166.8K
Market Conditions
NOI Build-Up for 1,062 SF
Gross rent
$22.9K $21.60/SF
− Vacancy
−$1.5K −$1.40/SF
EGI
$21.4K $20.20/SF
− OpEx
−$6.4K −$6.06/SF
NOI
$15.0K $14.14/SF
Area
West Palm Beach, FL
Vacancy
6.50%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,280
Cap Rate 7%
$214,486
Cap Rate 9%
$166,822
Alternative Uses
Best Use
Retail
$214.5K
$187.7K – $250.2K
NOI $15,014 @ 7.0% cap · market cap 3.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$747.9K
$654.4K – $872.6K
NOI $52,354 @ 7.0% cap · market cap 11.02%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
5,398
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 68%
Dining 32%
Chase Bank
Shops & Services
5,887 visits/mo
0.1 miles
Papa John's Pizza
Dining
2,805 visits/mo
0.3 miles
The UPS Store
Shops & Services
1,992 visits/mo
0.4 miles
Domino's Pizza
Dining
1,173 visits/mo
0.4 miles
Sir Speedy Print, Signs, Marketing
Shops & Services
732 visits/mo
0.4 miles
Market
Vacancy Rate% for Retail in South region
Similar Off Market Nearby
- Flower and Fringe — 316 S Dixie Hwy, West Palm Beach, FL 33401
- Jessie Odell Events & Florist — 325 clematis st, west palm beach, fl 33401
- Infloral Designs - Florist West Palm Beach — west palm beach, fl 33401
- Glenn's Greenery — West Palm Beach, FL 33401
- BELDEN'S FLORIST — West Palm Beach, FL 33401
Frequently Asked Questions
What type of property is this?
Storefront property - The offering combines a florist business with ownership of its commercial premises.
Where is this storefront property located?
The property is located at Established Florist Business w/Real Estate West Palm Beach, FL.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: 1,062‑square‑foot commercial property; Florist business operating since 1988 is included; Built in 2005
