Financial
Distress signals
Property profile

550 Rosemary Ave West Palm Beach, FL 33401

OFF-MARKET
Other commercial real estate
Property ID
US18-4291902
74,955 SF 0.57 ac lot Built 2000
Last sale Dec 2024 · $40,000,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is an office space totaling approximately 30,000 square feet, located in West Palm Beach, Florida.

Ownership intelligence

Who controls the opportunity?

Resolved identity, portfolio, hold profile and investor signals. Included in the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$155k
Tax billed · 2023
Assessed value$4.78M
Assessed improvement$4.78M
Effective rate3.24%

Value estimate

· Sep 2026
$40.00M
$36.00M – $44.00M
AI approach$40.00M

Realmo valuation models over county records.

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

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?
CPD
The CityPlace DRI shall govern the CityPlace district (CPD), CityPlace is characterized as a mixed used district, with a primary emphasis...
General categoryPLANNED_DEVELOPMENT
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Laundromat
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Laundromat8.3
Pet Grooming Service8.2
Watch Repair Shop7.8

Location

550 Rosemary Ave West Palm Beach, FL 33401-6039
County assessor Recorded deeds · 2 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 · 6 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1401 Clare, West Palm Beach, FL 33401-6909 $19,500,000 Jul 2024 13,884 SF
1500 Elizabeth, West Palm Beach, FL 33401-6971 $19,500,000 Apr 2024 20,328 SF
1300 Elizabeth, West Palm Beach, FL 33401-6920 $19,500,000 Apr 2024 7,500 SF
925 Railroad, West Palm Beach, FL 33401-3303 $1,288,000 Oct 2022 29,058 SF
2414 Florida, West Palm Beach, FL 33401-7866 $7,150,000 Jan 2022 23,400 SF
425 Kanuga, West Palm Beach, FL 33401-7703 $2,750,000 Oct 2021 12,400 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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