1550 Southern Blvd Glen Ridge, FL 33406-3232
- Office buildings
- 15,774 SF
- 0.26 lot acres
Current Use by Public Records
- Amanda T. Fuller - RE/MAX Prestige Realty / Real Estate Consultant
- RE/MAX Prestige Realty / Real Estate Agency
- Peterson Bernard / Insurance Attorney
- Brandt Eugene H / Insurance Attorney
- Vandenberg Dennis A / Insurance Attorney
Property Details for 1550 Southern Blvd
- Year built
- 1986
- Construction
- CONCRETE
- Lot size
- 0.26 lot acres
- Property size
- 15,774 SF
- Zone code
- C-1
- Property type
- Office buildings
- APN
- 14-43-44-05-14-003-0040
- APU
- 14434405140030040
Description
This three-story, 15,744-square-foot Class B office building at 1550 Southern Blvd, West Palm Beach, FL 33406, offers exceptional leasing opportunities. Recently renovated in 2023, the property boasts a modernized lobby, upgraded elevator, and lush landscaping. Ample parking is available, including covered spaces, in a newly striped lot. Two available spaces range from 5,709 to 7,433 square feet, allowing for flexible leasing options, including full-floor occupancy and custom build-outs. The building is conveniently located near Palm Beach International Airport and I-95, providing easy access to Downtown West Palm Beach and the Flagler Financial District. Its highly visible location offers excellent signage opportunities, and 24/7 video surveillance ensures security. Approved for medical use, this property presents a fantastic opportunity for businesses seeking a modern, well-maintained space in a thriving area. The building was constructed in 1986 and sits at the intersection of Southern Blvd & Gem Lake Dr. This is a multi-tenant building with significant recent upgrades.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $3,855,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $4,425,000
- 6.5%
- $4,515,000
- 7%
- $4,690,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $4,825,000
- Geo Method
- $5,020,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $3,925,000
- Retail
- $4,315,000
- Mixed-Use
- $4,485,000
- Hospitality
- $4,455,000
- Educational
- $4,255,000
- Residential Income
- $4,770,000
- Energy
- $4,740,000
- Income-Based Land
- $4,735,000
- Food Service
- $5,055,000
Location Insight
- Map
- Local Demand
- City
- Glen Ridge
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0764
- Latitude
- 26.676
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
