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208 Olive Ave West Palm Beach, FL 33401-5618

OFF-MARKET Office buildings Google Maps
2,300 SF 0.04 ac lot Built 1930
Individually Owned Free & Clear
Estimated value (blended)
$355k
Range $320k – $391k (±10%)
Property ID US19-0682210

Property summary

AI-generated overview

This exceptional commercial property, located at 208-210 South Olive Avenue in the vibrant heart of Downtown West Palm Beach, Florida, presents a rare opportunity. Situated between Datura Street and Evernia Street, this ground floor space offers unparalleled visibility and accessibility. The building encompasses a total of 4,600 square feet, with two distinct suites currently available for lease. One suite measures 2,174 square feet, while the other offers 2,426 square feet, providing flexibility for a variety of business needs. The property is classified as both Creative and Traditional Office space, catering to diverse business models. Its location in Palm Beach County, with a zip code of 33401, ensures easy access to major transportation routes and a thriving business community. The property's multiple tenancy structure allows for a diverse range of potential tenants. This prime location offers an excellent opportunity for businesses seeking high-profile exposure in a dynamic and rapidly growing urban center. The property's versatile design and central location make it an ideal choice for businesses seeking a prominent presence in West Palm Beach. Contact us today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1930
Construction WOOD
Total area 2,300 SF
Lot 0.04 ac (1,773 SF)
Zoning code FWD-5
APN 74-43-43-21-01-006-0063
UPID US19-0682210

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Gym & Fitness Center
  • Gym & Fitness Center
  • Clothing & Fashion Store
  • Gym & Fitness Center

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$355k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$355k

Owner & transaction history

since 2026
3 recorded transactions
2026
$1.5M
2011
Price N/A
1997
Price N/A

Zoning & alternative use

FWD-5 · West Palm Beach, FL
Zoning description

The Flagler waterfront district is located along Flagler Drive, the city scenic intracoastal waterfront roadway, the neighborhood is characterized by high rise condominium buildings and office towers, any new development…

General category OPEN_SPACE

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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