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Property profile & analytics
OFF-MARKET Estimated value $6,100,000
Medical Office Space

100 Century Blvd West Palm Beach, FL 33417-2262

11,672 SF 2.07 ac lot Built 1968
Entity Owned 4-yr Hold ~ Est. High Equity
Property ID
US19-0369642
Property summary
AI-generated overview

This exceptional special-purpose property, located within the gated Century Village retirement community, offers a unique investment opportunity. The 27,512 square-foot building boasts five available suites ranging from 900 to 2,742 square feet, catering to diverse business needs. Unit 101 (2,742 sq ft) and Unit 104 (1,318 sq ft), both first-floor spaces, offer drive-up accessibility and are move-in ready with existing floor plans; Unit 104 also presents a built-to-suit option. Unit 201 (2,400 sq ft), a second-floor space across from Cano Health, is ideal for immediate occupancy, featuring a reception area. Units 202B (900 sq ft) and 203 (2,519 sq ft), both second-floor shell spaces, provide the opportunity to create a custom-designed office. The property enjoys a strategic location, just four minutes from the Florida Turnpike and nine minutes from I-95, and benefits from being the only commercial development within Century Village, anchored by Walgreens. The property's zoning is RHMULTI-FAMILY, and the APN is 00424323010000050. This is a single-tenant building with a total of one building suite.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1968
Construction WOOD
Total area 11,672 SF
Lot 2.07 ac (90,165 SF)
Zoning code RH
APN 00-42-43-23-01-000-0050
UPID US19-0369642
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
Current use
Occupant on record · Public records
  • Esterman Eye Institute At Century Medical Clinic
  • Real Estate Center of West Palm Beach, LLC. Real Estate Agency
  • VITAS Healthcare Nursing Home
  • Sufana Al Khunaizi Medical Clinic
  • Preeya Desh Pediatrician Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$7.83M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$6.10M
Owner & transaction history
Khal Chassidim Of Wpb LLC · 4 yrs held
Khal Chassidim Of Wpb LLC
since 2021
Last sale
$6.0M
7 recorded transactions
2021
$6.0M
2018
Price N/A
2016
Price N/A
2011
$7.1M
2011
Price N/A
2010
$5.0M
2007
$4.8M
Zoning & alternative use
RH · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant $8.9M +41.3%
Apartment house (5+ units) $7.0M +10.1%
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