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321 L A Kirksey St 13,500 SF 100% Leased Office Building West Palm Beach, FL 33401 $10,995,000 ($814.44/SF)



Investment Highlights
- Significant Redevelopment Potential just off Flagler Drive
- Open Shell
- Stand Alone Office -Flexible Zoning Multiple Uses
Executive Summary
This impressive stand alone office building (+/ 13,488 sqft on a 25,495 sqft lot ) is conveniently located just off Flagler Drive, strategically positioned in the heart of West Palm Beach, amidst the numerous new waterfront development projects such as the Ritz Carlton, O Lara, and Nora. The building currently features approx 5,000 sqft of adaptable, fully built-out medical office space however is suitable for a wide variety of uses given the flexible zoning.
Completely renovated in 2019, this property is perfectly suited for an owner-user ready to move in and customize the remaining space to their specifications. This property also offers significant potential as a prime development site or income producing opportunity.
Showings by Appointment Only - Call LA on (310) 498 4883 to set up. 24 hrs Notice Required. Do not disturb Tenant.
Completely renovated in 2019, this property is perfectly suited for an owner-user ready to move in and customize the remaining space to their specifications. This property also offers significant potential as a prime development site or income producing opportunity.
Showings by Appointment Only - Call LA on (310) 498 4883 to set up. 24 hrs Notice Required. Do not disturb Tenant.
Property Facts
Sale Type
Investment or Owner User
Sale Conditions
Property Type
Office
Property Subtype
Building Size
13,500 SF
Building Class
B
Year Built/Renovated
1983/2019
Price
$10,995,000
Price Per SF
$814.44
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
6,500 SF
Slab To Slab
12’
Building FAR
0.53
Lot Size
0.58 AC
Zoning
MF/POR, W Palm Beach - Flexible Zoning CMUD-TR—CURRIE MIXED USE - TRANS SUBD (74-WEST PALM BEACH
RESIDENTIAL / MF PERMITTED UP TO 14 STORIES
1900—MEDICAL OFFICE- BUILDING
Parking
20 Spaces (1.43 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Fenced Lot
- Reception
- Storage Space
- Central Heating
- Open-Plan
- Drop Ceiling
- Wi-Fi
- Air Conditioning
- Smoke Detector
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Walk Score®
Very Walkable (76)
Bike Score®
Biker's Paradise (92)
Property Taxes
| Parcel Number | 74-43-43-15-18-000-0360 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,610,510 |
Property Taxes
Parcel Number
74-43-43-15-18-000-0360
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,610,510
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321 L A Kirksey St
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