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Address
550 Okeechobee Blvd # CU-1 West Palm Beach, FL
Price
$ 2,499,000
Property Attributes
  • MLS#A10364840
  • TypeCommercial
  • CountyPALM BEACH
  • CityWest Palm Beach
  • Area5430
  • Zip33401
  • StyleMixed Use
  • Year Built2008
  • Taxes31110
  • Price$ 2,499,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
Listing Provided Courtesy Of:
Optimar International Realty
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Property Description

EXTRAORDINARY Street level retail/commercial SHELL space for UPSCALE business, restaurant (sits 180 seats inside & 70 on outside corridor),bank, offices, gym & so much more! Located Right at the heart of downtown WPB! Tremendous exposure w/ five direct main entrances & continuous huge glass doors + overhead arched windows! Lots of natural light, Very strategic location next to Convention Center across from Cityplace & Kravis Center. Huge 6,174 sq-ft interior w/ 26'+ ceilings, Second floor or loft can be built! 24 deeded covered garage parking spots behind the unit w/ own garage entrance. Complex has 420 residential units; many residential & office buildings at walking distance. Close to I-95, PBI airport & 2 miles to beach! Very low condo association fees of $1,675 per month. EASY TO SHOW!

Price History
11/9/2017 Listed $3,199,000
1/8/2018 13% - $2,799,000
3/28/2018 8% - $2,599,000
5/2/2018 4% - $2,499,000

General Features

Association Name CITYPLACE
Building Name CITYPLACE SOUTH TOWER
HOA Fee 1675
HOA Fee Frequency Monthly
MLS Area 5430
Property SubType Mixed Use
Property Type Commercial Sale
Terms Cash, Conventional
Zoning Description CPD (cit

Interior Features

Electric 3 Phase

Exterior Features

Construction Materials Block
Lot Size Area 6179
Parking Features Assigned, Covered, Guest
Structure Type Retail
Total Parking 23

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33401

Price
AVG $590K
$2.5M
Taxes
AVG $15,791
$31,110
Visits
AVG 20
50
Year Built
AVG 1962
2008