501 Federal Hwy
West Palm Beach, FL 33403
Office Property For Sale

Lake Park just approved a 23-story condo complex with 332 units just 2 blocks south of this property. These new residents will be needing local professional services. This is an ideal location as Lake Park has initiated a large-scale redevelopment plan for the Federal Highway corridor to include strong market potential for commercial real estate. The property is in the Vision Lake Park redevelopment district, http://visionlakepark.com/lake-park-study-area-boundary-map/ This one story single tenant professional office building is an exceptional value with high end appointments throughout. It is perfect for attorneys, accountants and CPAs, corporate offices, investment counselors and family offices that prefer an efficient office that is both private and in an accessible location. The building is in excellent condition with meticulous renovations and care by the current owner since purchasing the property in 1988. It features a large office suitable for an Owner/CEO that includes an executive bathroom and shower as well as a private entrance from the parking lot. It has 8 additional offices, 5 work stations, 2 conference rooms, a library, network/server room, full kitchen and a large file storage area. The roof covering was replaced in 2011 and new fire alarm and security systems were installed in 2015 and 2013 respectively. There are 28 parking spaces in the parking are that surrounds the building on three sides.