Property profile

1601 Belvedere Rd 208-s West Palm Beach, FL 33406

FOR LEASE
Office buildings
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Property ID
US18-4880869
110,795 SF 1 ac Built 1983
Last sale Jul 2017·$7,500,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 9-yr Hold Held for 9 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon
1601 Belvedere Rd 208-s, West Palm Beach, FL 33406 For Lease
$1,000/Mo
1601 Belvedere Rd 208-s, West Palm Beach, FL 33406
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Property summary

AI-generated overview

The property is an office suite configured for client-facing meetings, located within a building’s real estate office area. The space is served by an upscale shared lobby featuring a full-service bar intended for client interaction, and it is supported by on-site parking for staff and visitors. The building is situated in the heart of West Palm Beach, across from Palm Beach International Airport and the Golf Range, adjacent to an Embassy Suites Hotel, with access to downtown West Palm Beach and…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$267k
Tax billed · 2023
Assessed value$13.00M
Assessed improvement$13.00M
Effective rate2.06%

Value estimate

· Nov 2026
$33.92M
$30.52M – $37.31M
NOI build-up
Gross scheduled income$6k
Vacancy & credit loss−$959
Operating expenses−$1k
NOI$4k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$680/SF
ZIP average, outlier-cleaned · 37 recorded sales of this use type
Observed band · Q1–Q3$362 – $1,019

Cap rate analysis

How does the asset earn?
$4k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CPD
The CityPlace DRI shall govern the CityPlace district (CPD), CityPlace is characterized as a mixed used district, with a primary emphasis...
General categoryPLANNED_DEVELOPMENT
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Dental Office
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Dental Office19.8
Nail Salon11.4
Parking Facility11.4

Location

1601 Belvedere Rd 208-s West Palm Beach, FL 33406
County assessor Recorded deeds · 4 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1870 Frst Hl, Lake Clarke Shores, FL 33406-8901 $6,650,000 Jul 2025 21,935 SF
1860 Frst Hl, Lake Clarke Shores, FL 33406-6086 $6,650,000 Jul 2025 19,816 SF
2393 Congress Ave, Palm Springs, FL 33406-7628 $1,410,000 Aug 2022 17,662 SF
3333 Frst Hl, West Palm Beach, FL 33406-5812 $10,642,500 Jun 2022 29,311 SF
1501 Belvedere, West Palm Beach, FL 33406-1501 $13,400,000 Dec 2021 65,760 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Includes: Price & PSF · Cap rate · Location · Zoning

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