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2223 Palm Beach Lakes Boulevard

$8,750,000

2223 Palm Beach Lakes Boulevard, West Palm Beach, FL 33409

Active
Last Updated: 09/04/2025

1980

Year Built

GC(cit

Zoning

Details:
Year Built:    1980
Zoning:    GC(cit
Roof:    ["Built-Up", "Steel Joist"]
Floor:    ["Concrete"]
Restrooms:    8
Cooling:    ["Ceiling Fan", "Central Individual", "Electric"]
Highlights:
  • Building Area: 27200.0
Description:

The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025).

The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM.

The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses

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