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    601 N Dixie Hwy West Palm Beach, FL 33401
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    Property profile & analytics

    601 N Dixie Hwy West Palm Beach, FL 33401


    • Office buildings
    • 4,853 SF
    • 0.19 lot acres
    West Palm Beach Commercial Building For Lease
    $2,710,000

    West Palm Beach Commercial Building

    Two-story building in downtown West Palm Beach with parking.

    601 N Dixie Hwy, West Palm Beach, FL 33401
    View Listing
    Property ID
    US18-7481473
    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
    $2,710,000
    Cap Rate Potential
    6.4%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Katz & Phillips, P.A. / Law Firm

    Property Details for 601 N Dixie Hwy

    Year built
    1940
    Construction
    CONCRETE
    Lot size
    0.19 lot acres
    Property size
    4,853 SF
    Zone code
    QGD-5
    Property type
    Office buildings
    APN
    74-43-43-21-06-014-0111
    APU
    74434321060140111

    Description

    This exceptional free-standing, two-story building (4,853 square feet) offers a unique opportunity in the heart of Downtown West Palm Beach's core submarket. Located at 601 N Dixie Hwy, near Quadrille Boulevard, this Class B property boasts a prominent location with excellent visibility and signage potential at a high-traffic intersection. The building features twelve on-site parking spaces, with the option for five additional spaces nearby. The flexible zoning (QGD-5) allows for diverse uses, including office, retail, live/work, and restaurant spaces, making it ideal for a variety of businesses. The building is currently vacant, presenting a blank canvas for a new tenant. The property includes a private parking lot. Tenants are responsible for real estate tax overages beyond the current year's assessment. This single-tenant building presents a rare chance to establish a presence in a thriving downtown location. The building has no elevators. APN: 74-43-43-21-06-014-0111.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $2,805,000
      ML approach
      $2,740,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,005,000
      6.5%
      $2,775,000
      7%
      $2,580,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,747,000
      Market price range: $1.11M - $3.21M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $2,040,000
      Current use
      RETAIL STORES
      $2,780,000
      Change: +36% Conversion: Moderate
      MEDICAL BUILDING
      $2,625,000
      Change: +29% Conversion: Easy
      COMMERCIAL (GENERAL)
      $2,560,000
      Change: +26% Conversion: Easy
      AUTO REPAIR, GARAGE
      $2,500,000
      Change: +22% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,930,000
      Change: -5% 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
    -80.0537
    Latitude
    26.7181
    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
    $24,129
    $920,920
    $477,099
    $1,398,019
    -
    $920,920
    $477,099
    $1,398,019
    View Listing
    More about this property
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