433 Flamingo Dr West Palm Beach, FL 33401
- Showrooms
- 6,400 SF
- 0.12 lot acres
Current Use by Public Records
- Showrooms
Property Details for 433 Flamingo Dr
- Year built
- 1945
- Construction
- WOOD
- Lot size
- 0.12 lot acres
- Property size
- 6,400 SF
- Zone code
- GC
- Property type
- Showrooms
- APN
- 74-43-43-28-06-010-0171
- APU
- 74434328060100171
Description
This exceptional mixed-use property, located at 433 Flamingo Drive in the heart of West Palm Beach, Florida, presents a unique investment opportunity. Built in 1945, this single-unit building offers unparalleled access to the vibrant cultural scene and upscale amenities of Downtown West Palm Beach. Its strategic location places it within minutes of Palm Beach Island, the renowned Norton Museum of Art, and the bustling shops and restaurants of The Square. The property's versatility makes it ideal for a variety of uses, including, but not limited to, an art gallery or high-end car storage facility. The asking price is $5,895,000. While the lot size is not specified, the property's prime location and potential for diverse commercial applications make it a highly attractive investment. The address is 433 Flamingo Drive, West Palm Beach, FL 33401, situated in Palm Beach County. This is a rare chance to acquire a well-positioned commercial property in one of Florida's most desirable and rapidly growing urban centers. The property's historical context adds to its unique character and potential for adaptive reuse. Serious inquiries are encouraged.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,470,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,680,000
- 6.5%
- $2,370,000
- 7%
- $2,385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,695,000
- Geo Method
- $2,300,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,255,000
- Retail
- $2,940,000
- Mixed-Use
- $3,075,000
- Hospitality
- $3,095,000
- Educational
- $2,340,000
- Residential Income
- $3,105,000
- Energy
- $2,455,000
- Income-Based Land
- $2,800,000
- Food Service
- $3,060,000
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0555
- Latitude
- 26.6965
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
