Bought with Native Realty Co.
$5,600,000
$6,900,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
501 S Olive AVE West Palm Beach, FL 33401
1 Bath
9,147 Sqft Lot
Key Details
Sold Price $5,600,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID RX-10989439
Sold Date 08/26/24
Year Built 1925
Annual Tax Amount $30,923
Tax Year 2023
Lot Size 9,147 Sqft
Property Description
303 Gardenia and 501 S Olive are being sold togetherLandmark Commercial Realty Advisors is pleased to present 303 Gardenia St and 501 S Olive Ave an incredible opportunity to purchase TWO buildings in the heart of downtown West Palm Beach, Florida.The Properties offer incredible opportunity for a covered land play with existing in place cash flow through retail and residential tenants and with the underlying development opportunity allowed in the zoning district. Both Buildings have a 10 story height limit and a FAR of 2.75.
Location
State FL
County Palm Beach
Area 5420
Zoning QGD-10
Interior
Heating Other
Cooling Other
Flooring Other
Fireplaces Type None, Smoke Detector
Exterior
Utilities Available Cable, Public Water
Waterfront No
Roof Type Barrel,Other
Building
Story 100.00
Others
Acceptable Financing Cash, Conventional, Exchange, Other
Listing Terms Cash, Conventional, Exchange, Other
Financing Cash,Conventional,Exchange,Other
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