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Property profile & analytics
FOR SALE
Office buildings

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

Property ID
US18-Q031062
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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