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    124 Dixie Hwy West Palm Beach, FL 33401-5320
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    Property profile & analytics

    124 Dixie Hwy, West Palm Beach, FL 33401-5320

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    • Retail space
    • 6,255 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Apr 15, 2021
    $2,500,000
    Property ID
    US18-2295375
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $2,445,000
    Show details
    Cap Rate Potential
    2.7%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 124 Dixie Hwy

    Year built
    1926
    Construction
    CONCRETE
    Lot size
    0.15 lot acres
    Zone code
    CWD-10
    Property type
    Retail space
    APN
    74-43-43-21-02-000-0010
    APU
    74434321020000010

    Description

    This exceptional 2,500 square foot retail space is ideally situated on a corner lot at 124 N Dixie Highway in the heart of West Palm Beach, Florida. The property boasts excellent visibility and high traffic counts due to its prominent location at the intersection of North Dixie Highway and Banyan Boulevard. Its zoning classification is CWD-10. The single-tenant building offers a unique opportunity for a variety of businesses seeking a high-profile presence in a thriving downtown area. The property's strategic placement directly across from City Hall and the Court House ensures consistent foot traffic and high brand awareness. This prime location offers unparalleled exposure to a diverse customer base. The property's parcel number (APN) is 74434321020000010. While the lot size is not currently specified, the building's prominent corner location maximizes its visibility and accessibility. The property presents numerous possibilities for a discerning business owner seeking a high-impact location in West Palm Beach's vibrant commercial district. This is a rare opportunity to acquire a well-positioned retail space in a highly desirable area. The address is 124 N Dixie Highway, West Palm Beach, FL 33401.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,295,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,555,000
      Market price range: $508k - $1.92M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $3,585,000
      Current use
      APARTMENT HOUSE (5+ UNITS)
      $3,725,000
      Change: +4% Conversion: Difficult
      MEDICAL BUILDING
      $3,385,000
      Change: -6% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $3,300,000
      Change: -8% Conversion: Easy
      AUTO REPAIR, GARAGE
      $3,220,000
      Change: -10% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0533
    Latitude
    26.7142
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $47,330
    $1,084,545
    $954,730
    $2,039,275
    -
    $1,084,545
    $954,730
    $2,039,275
    More about this property
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