Property summary
This exceptional 8,440-square-foot flex space at 218 Worth Avenue in Palm Beach, Florida, presents a unique investment opportunity. Located in the heart of Palm Beach's prestigious Worth Avenue, this single-tenant industrial property is zoned C-WA-COMMERCIA (APN: 50434323050180190). The property features a versatile layout ideal for a variety of commercial uses, complemented by residential-style amenities. The space includes three bedrooms and two bathrooms, offering flexibility for both business operations and comfortable living arrangements. Natural light floods the upstairs apartment, enhancing its appeal. Two private entrances provide convenient access and privacy. A spacious screened patio with a wet bar is perfect for entertaining clients, hosting meetings, or enjoying personal relaxation. Its prime location above Brunello Cucinelli and across from a soon-to-open Thomas Keller restaurant ensures high visibility and proximity to luxury retail and dining. This property offers a rare blend of upscale living and commercial potential in an unparalleled Palm Beach location. The property's zip code is 33480. The lot size is not specified.
Property profile
VerifiedCap rate & NOI
Current use
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Clothing & Fashion Store
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The purpose of the C-WA Worth Avenue district is to preserve and enhance an area of unique quality and character oriented to pedestrian comparison shopping and providing a wide range of retail and service establishments,…
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
C-WA · Palm Beach, FLThe purpose of the C-WA Worth Avenue district is to preserve and enhance an area of unique quality and character oriented to pedestrian comparison shopping and providing a wide range of retail and service establishments,…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The purpose of the C-WA Worth Avenue district is to preserve and enhance an area of unique quality and character oriented to pedestrian comparison shopping and providing a wide range of retail and service establishments,…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for C-WA in Palm Beach, FL.
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