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Property profile

2151 45th St West Palm Beach, FL 33407

OFF-MARKET
Medical Office Space
Property ID
US18-5540974
36,750 SF 3.03 ac lot Built 1975
Last sale Mar 2016 · $7,800,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 3-yr Hold Held for 3 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional medical office property in West Palm Beach, Florida, offers 73,500 square feet of space across two, two-story buildings. Currently, 22,283 square feet are available, divisible into units ranging from 318 to 3,079 contiguous square feet. Tenants will benefit from ample parking, boasting a generous 3 spaces per 1,000 square feet ratio, including covered drop-off areas at both building entrances and a unique covered walkway directly to the adjacent hospital. Recent ownership…

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?
$243k
Tax billed · 2023
Assessed value$11.16M
Assessed land$2.49M
Assessed improvement$8.67M
Effective rate2.17%

Value estimate

· Oct 2026
$6.22M
$5.60M – $6.84M
CAP approach$7.91M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$541/SF
Submarket average, outlier-cleaned · 52 recorded sales of this use type
Observed band · Q1–Q3$287 – $828

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
CS
The purpose of this district is for botanical gardens and accessory offices, public or private cemeteries, community centers, public and ...
General categoryUNKNOWN
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Locksmith
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Locksmith9.1
Veterinary Clinic9.0
Catering Service8.8

Location

2151 45th St West Palm Beach, FL 33407-2026
County assessor Recorded deeds · 7 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 · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
2001 Flagler, West Palm Beach, FL 33407-6109 $35,000,000 Oct 2024 9,934 SF
200 Butler, West Palm Beach, FL 33407-6036 $150,000 Jun 2023 24,318 SF
4802 Ee, West Palm Beach, FL 33407-2426 $150,000 Oct 2020 8,006 SF
5400 Ee, West Palm Beach, FL 33407-2344 $14,000,000 Jan 2020 16,889 SF
5408 Ee, West Palm Beach, FL 33407-2344 $14,000,000 Jan 2020 15,404 SF
5402 Ee, West Palm Beach, FL 33407-2344 $14,000,000 Jan 2020 11,958 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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