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SOLD - Redevelopment or Commercial Renovation

North End West Palm Beach Redevelopment Portfolio

North End West Palm Beach Redevelopment Portfolio| 75,412 office square feet | 4.57+ acres
West Palm Beach, Palm Beach County, Florida

CapasGroup Realty Advisors announces the sale of two infill development properties in the North End of West Palm Beach, Florida.  The properties are situated in the North Flagler Drive/Currie Park corridor, near the Old Northwood district.  Both properties are improved with abandoned office buildings.

The properties sold to the same, private investor, for $5.5 million.

Property & Market Highlights

  • CMUD zoning permits a a combination of multifamily and commercial uses
  • Both properties occupy strategic, high visibility locations
  • The immediately surrounding sites are privately-owned and being positioned for development

Existing Improvements

  • Prism Buildings:  63,918 sf | 2.96 Acres | Former medical offices
  • Poinsettia Buildings : 11,491 sf | 1.61 Acres | Former bank branch with drive through
  • The buildings are vacant

To learn more about the North End West Palm Beach, read our market reports.

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