Technical
Financial
Distress signals
Property profile

100-116 South Dixie Hwy West Palm Beach, FL 33401

FOR SALE
Office buildings
Property ID
US18-Q031062
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Property summary

AI-generated overview

Introducing an exceptional investment opportunity in the heart of West Palm Beach, FL. This historic 19, 765 SF building, originally constructed in 1924 and thoroughly renovated in 2025, offers a timely blend of classic charm and modern functionality. Zoned CWD-CD (Clematis Waterfront District), it presents a strategic location in the prestigious Palm Beach area. With a remarkable 90% occupancy rate, this property showcases a strong rental history and promising income potential for the savvy Office / Office Building investor. Don't miss the chance to add this prime asset to your portfolio. Generating Approx $45,000/mo, Which will go to $50k/mo once the last retail bay and two smaller offices are leased New 5-Year Lease with Nicos (a long-time Clematis St Restauranteur) New 10-Year Lease with ManCave, a High-End Barbershop Chain Office Floors (2 & 3): All leased except 2 tiny ones. New Elevator Installed in 2024 Nearly 4000 residences w/in walking distance 15,000 cars per day travel through Clematis St & S. Dixie Local Average HHI = $93,679+/yr 40,000 People Work Within 1 Mi of The Building Increased Seasonal Traffic on Saturdays (Green Market) Generating Approx $45,000/mo Which will go to $50k/mo once the last retail bay and two smaller offices are leased New 5-Year Lease with Nicos (a long-time Clematis St Restauranteur) New 10-Year Lease with ManCave a High-End Barbershop Chain Office Floors (2 & 3): All leased except 2 tiny ones. New Elevator Installed in 2024 Nearly 4000 residences w/in walking distance 15,000 cars per day travel through Clematis St & S. Dixie Local Average HHI = $93,679+/yr 40,000 People Work Within 1 Mi of The Building Increased Seasonal Traffic on Saturdays (Green Market)

Property profile

Verified
Property type Office buildings
UPID US18-Q031062

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

100-116 South Dixie Hwy West Palm Beach, FL 33401
West Palm Beach metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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