Property profile

400 Clematis St West Palm Beach, FL 33401

FOR LEASE
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Property ID
US18-2953020
3,649 SF 1 ac Built 1945
Last sale Oct 2016·$1,325,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 10-yr Hold Held for 10 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Market Trends Soon

Property summary

AI-generated overview

The property is a second-floor office suite located at 400 Clematis Street in Downtown West Palm Beach, near Dixie Highway, in an industrial-style office and retail building. The suite is configured with an open work area, a mezzanine loft office, three private offices, a conference room, and a kitchenette. The space features 16-foot ceilings and provides 24/7 access. The building is occupied on the lower levels by retail tenants, including CVS and Field of Greens. The surrounding area includes…

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?
$32k
Tax billed · 2023
Assessed value$1.43M
Assessed improvement$1.43M
Effective rate2.26%

Value estimate

· Nov 2026
$830k
$747k – $913k
AI approach$830k
CAP approach$850k
Submarket $/SF estimate$1.44M
NOI build-up
Gross scheduled income$180k
Vacancy & credit loss−$28k
Operating expenses−$38k
NOI$113k

Realmo valuation models over county records and 8 qualifying comparable sales.

Recently sold

What actually traded nearby?
$528/SF
ZIP average, outlier-cleaned · 66 recorded sales of this use type
Observed band · Q1–Q3$220 – $842
Qualifying comparables8

Cap rate analysis

How does the asset earn?
$113k estimated NOI · market benchmarks for this use type

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

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Pet Grooming Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Pet Grooming Service9.3
Butcher8.6
Auto Parts Store8.5

Location

400 Clematis St West Palm Beach, FL 33401
County assessor Recorded deeds · 6 transfers 8 qualifying comp sales Zoning catalog · not on file

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

Comparables

5 recorded sales · 14 properties nearby
Recent sales nearby
5 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
Dixie, West Palm Beach, FL 33401 $17,100,000 Sep 2021 No data
212 Olive, West Palm Beach, FL 33401-5618 $538,300 Aug 2021 1,893 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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