201 Narcissus Ave West Palm Beach, FL 33401
- Retail properties
- 2,500 SF
Current Use by Public Records
- Sceneworks Studios / Recording Studio
- Hayes Legal Nursing Consultants & Associates / Nursing Agency
- PB Princesses By The Sea / Event Venue
- Esplanade Grande Condo / Condominium Complex
- Gracie Street Interior Design, Inc. / Interior Designer / Boutique
Property Details for 201 Narcissus Ave
- Year built
- 2004
- Property size
- 2,500 SF
- Property type
- Retail properties
- Property subtype
- Retail space
Description
This exceptional 2,540 square foot ground floor commercial unit, located in the prestigious Esplanade Grande in downtown West Palm Beach, Florida, presents a rare investment opportunity. Boasting a prime waterfront location overlooking Historic Palm Beach Island, this property offers stunning views and unparalleled access. The unit features 13-foot ceilings, impact glass, and includes six private underground parking spaces. Building amenities include 24-hour access to the main lobby, restrooms, concierge, and valet parking. Owners also enjoy access to a fourth-floor gym and wellness center, hot tub, showers, a 360-degree rooftop garden with outdoor gathering areas, a pool, and an air-conditioned event lounge. The property is currently 100% occupied under an Absolute NNN lease with one year remaining. Built in 2004, this single-tenant retail space is listed at $2,750,000 with a 7.00% cap rate. The address is 201 S Narcissus Ave, West Palm Beach, FL 33401. This is a unique opportunity to acquire a high-quality commercial property in a highly desirable location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0507
- Latitude
- 26.7119
