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Property profile & analytics
OFF-MARKET Estimated value $6,480,000
Office buildings

180 Royal Palm Way Palm Beach, FL 33480-4215

19,500 SF 0.46 ac lot Built 1971
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US18-3973301
Property summary
AI-generated overview

This exceptional single-tenant office space, located at 180 Royal Palm Way, presents a unique opportunity for businesses seeking a prestigious and functional workspace. The property boasts a total area of 1,761 square feet, thoughtfully designed to include five individual offices, making it ideal for a variety of business configurations. The suite is offered as a turnkey solution, meaning it's ready for immediate occupancy, eliminating the need for extensive renovations or setup. The building itself is a single-suite structure, ensuring privacy and control over the entire space. While the lot size is not specified, the property's address and zoning designation, C-TS(c), indicate a commercially viable location. The property's APN is 50434323050260340. This turnkey office space is perfectly suited for businesses seeking a move-in ready solution in a prime location. The overall building size is 19,500 square feet, though this listing focuses on the available 1,761 square foot suite. This presents a rare opportunity to secure a well-appointed office space without the hassle of extensive preparation. The property is immediately available for lease. Interested parties should inquire promptly to secure this exceptional opportunity. The property is zoned C-TS(c).

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1971
Construction CONCRETE
Total area 19,500 SF
Lot 0.46 ac (19,998 SF)
Zoning code C-TS
APN 50-43-43-23-05-026-0340
UPID US18-3973301
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
  • Brian & Alexa Real Estate Agency
  • FedEx Drop Box Postal Service Courier Service
  • First Horizon Bank Bank Loan Service
  • Zachary Von Gonten: First Horizon Mortgage Loan Service
  • The Agency Palm Beach Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$8.48M
Comparable Approach Comparable
$6.67M
Blend (final) Blend
$6.48M
Owner & transaction history
Fg Plam Beach Fund LLC · 4 yrs held
Fg Plam Beach Fund LLC
since 2021
2 recorded transactions
2021
Price N/A
2021
$26.0M
Zoning & alternative use
C-TS · Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $9.6M +24.5%
Commercial (general) $9.2M +18.6%
Retail stores $7.8M +0.5%
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