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Property profile & analytics
OFF-MARKET Estimated value $7,595,000
Office buildings

603 Vlg Blvd West Palm Beach, FL 33409-1950

29,722 SF 2.28 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-5833772
Property summary
AI-generated overview

This exceptional 90-square-foot furnished office space is ideally located on the third floor of a three-story building in West Palm Beach, Florida, at 603 Village Blvd, zip code 33409. The suite boasts a stunning floor-to-ceiling window wall, offering abundant natural light and a pleasant view. Currently occupied by a well-established tax and financial planning firm with over 20 years in business, this space presents a unique opportunity for a compatible tenant. The property is a single-tenant traditional office space, perfect for a professional seeking a move-in ready solution. The existing tenant's long history suggests a stable and desirable location. The space is specifically suited for professionals in the tax and financial industry, such as estate planning attorneys, CPAs, EAs, or financial advisors. The established presence of a successful firm in the building offers strong potential for referral business and networking opportunities within the local professional community. This is a fully furnished office, minimizing the need for upfront investment in furniture and fixtures. The building is located in West Palm Beach, Florida, offering easy access to local amenities and transportation.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1989
Construction CONCRETE
Total area 29,722 SF
Lot 2.28 ac (99,317 SF)
Zoning code CPD
APN 74-43-43-19-16-000-0010
UPID US18-5833772
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isidro Martinez-Gonzalez, MD Physician
  • Xiaorong Dai, MD Physician
  • Sp medical legal consultants Medical Group
  • Raul Valdescruz Physician
  • Perrin Blank Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$8.38M
Blend (final) Blend
$7.60M
Owner & transaction history
Psl 1850 LLC · 6 yrs held
Psl 1850 LLC
since 2020
Last sale
$7.5M
3 recorded transactions
2020
$7.5M
2020
$5.1M
2007
$5.3M
Zoning & alternative use
CPD · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general) $12.4M +75.0%
Retail stores $12.3M +73.9%
Warehouse, storage $11.8M +66.7%
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