Financial
Distress signals
Property profile

525 Okeechobee Blvd West Palm Beach, FL 33401

OFF-MARKET
Office buildings
Property ID
US18-2837420
303,519 SF 1.25 ac lot Built 2008
Last sale Sep 2023 · $1,550,000
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A Class A office building located in the West Palm Beach Central Business District within the 72-acre City Place mixed-use project, providing 12,342 square feet of office space across floors 7 through 17.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$3.13M
Tax billed · 2023
Assessed value$147.38M
Assessed land$40.89M
Assessed improvement$106.49M
Effective rate2.13%

Value estimate

· Sep 2026
$1.67M
$1.50M – $1.83M
AI approach$1.78M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$420/SF
ZIP average, outlier-cleaned · 64 recorded sales of this use type
Observed band · Q1–Q3$228 – $661

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CPD
The CityPlace DRI shall govern the CityPlace district (CPD), CityPlace is characterized as a mixed used district, with a primary emphasis...
General categoryPLANNED_DEVELOPMENT
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.9
Pet Grooming Service8.1
Watch Repair Shop7.9

Location

525 Okeechobee Blvd West Palm Beach, FL 33401-6349
County assessor Recorded deeds · 8 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
250 Australian, West Palm Beach, FL 33401-5018 $45,000,000 May 2025 235,340 SF
205 Datura, West Palm Beach, FL 33401-5657 $45,675,500 May 2025 59,644 SF
400 Hibiscus, West Palm Beach, FL 33401-5822 $5,200,000 Apr 2025 11,934 SF
515 Flagler, West Palm Beach, FL 33401-4321 $98,000,000 Jan 2025 47,041 SF
1615 Clare, West Palm Beach, FL 33401-6913 $19,500,000 Jul 2024 9,901 SF
324 Datura, West Palm Beach, FL 33401-5414 $33,000,000 Jan 2024 68,811 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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