Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    5849 Okeechobee Blvd West Palm Beach, FL 33417
    Property profile & analytics

    5849 Okeechobee Blvd West Palm Beach, FL 33417


    • Office buildings
    • 23,060 SF
    • 2.39 lot acres
    West Palm Beach Retail/Office Space For Lease
    $5,655,000

    West Palm Beach Retail/Office Space

    High-visibility space with drive-thru, ideal for retail or office.

    5849 Okeechobee Blvd, West Palm Beach, FL 33417
    View Listing
    Property ID
    US18-5948200
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Wells Fargo ATM / Atm
    • Primary Care Associates-N Palm Bch / Physician
    • MCCI Medical 3d Floor / Physician
    • Humana / Insurance Agency
    • Sadia Altidore / Physician

    Property Details for 5849 Okeechobee Blvd

    Year built
    1981
    Construction
    CONCRETE
    Lot size
    2.39 lot acres
    Property size
    23,060 SF
    Zone code
    CG
    Property type
    Office buildings
    APN
    00-42-43-23-00-000-7040
    APU
    424323000007040

    Description

    This exceptional 20,336 square foot, three-story office building, constructed in 1986, is situated on Okeechobee Boulevard in West Palm Beach, Florida, offering unparalleled visibility and accessibility. The property boasts a prominent ground floor space, formerly occupied by a Wells Fargo branch, complete with a drive-thru and ATM. This versatile space is ideal for a variety of uses and is ready for immediate customization. The building features 110 parking spaces and benefits from multiple pylon signage opportunities, ensuring maximum brand exposure. Its strategic location provides direct access to the Florida Turnpike and is conveniently close to I-95, Palm Beach International Airport, and major medical and business centers. The surrounding area offers a wealth of amenities, including hotels, restaurants (such as Chick-fil-A, Duffy's, and LongHorn Steakhouse), and retailers (including Publix, Walmart Neighborhood Market, and SuperTarget). With a daytime population exceeding 258,000 within a five-mile radius and over 168,800 vehicles passing daily, this property presents a unique opportunity to establish a thriving business in a high-traffic, high-visibility location. The estimated 2024 operating expenses are $15.50 per square foot, inclusive of electricity. This property is located in Palm Beach County, Florida, with a zip code of 33417.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $5,578,000
      Market price range: $4.71M - $12.8M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $8,160,000
      Current use
      WAREHOUSE, STORAGE
      $9,170,000
      Change: +12% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    West Palm Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.1329
    Latitude
    26.7079
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $59,010
    $1,212,683
    $2,139,636
    $3,352,319
    -
    $1,212,683
    $2,139,636
    $3,352,319
    View Listing
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message