1101 54th Street, West Palm Beach, FL 33407 (MLS# R10566576)

1101 54th Street, West Palm Beach, FL 33407

$8,750,000
Property Type: Commercial Sale Square Footage: 17,747 Lot Size (sq. ft.): 213,008 Status: Closed
Current Price: $8,750,000 List Date: 10/03/2019 Last Modified: 1/13/2026

Overview

Description

Rare opportunity to own a new state of the art, Turnkey fully furnished and approved multi-use rehabilitation treatment healthcare campus. Contact us for walk-through HD video. The property was completed in 2018 and is located along the northern side of St Mary's Medical Center in West Palm Beach. This space is a single-story layout currently approved for 41 detox residential and / or rehabilitation beds. The property consists of 21 bedrooms, 16 private offices, 6 station call center, large entertainment areas, courtyard, commercial kitchen, a spa-like environment with ample natural light, vaulted ceilings and tons of onsite parking. Additionally, there is approximately 2 acres of vacant land with approvals in place for a 15,000 square foot addition of a new building.

Supplements: Providing the opportunity for your business to expand. Property includes 2 workout centers, intake rooms, multiple waiting rooms, 5 common areas bathrooms, 3 utility rooms, laundry room, network room, lot's of storage and exam rooms. The surrounding areas are medical offices, specialty medical buildings and hospitals. The property is located near b ...

Listing Details MLS# R10566576

General Property Information

Property Sub Type
Business
Building Area Main
17747
Building Area Source
Appraiser
Year Built
2018
Lot Size Area
213008.4
Lot Size Acres
4.89
Stories
Yes

Property Features

Building Features: Free Standing; Lobby; Meeting Room(s); Plumbed For Medical; Private Restroom(s); Public Restroom(s); Reception Area Business Type: Commercial; Medical; Special Purpose; Other Documents Available: Existing Survey Electric: 220 Volts; 440 Volts; Generator; Three Phase Flooring: Carpet; Ceramic Tile Heating: Central Possession: Subject To Tenant Rights Property Condition: New Construction Sale Includes: Building; Fixtures; Furniture; Inventory; Land; License; Machinery Special Licenses: Occupational Zoning Information: Use Conforms To Zoning Tenant Pays: Common Area Maintenance; Electricity; Insurance; Maintenance; Taxes Construction Materials: CBS; Concrete Cooling: Central Air; Gas Listing Terms: Cash; Conventional; Lease Option; Other Roof: Concrete Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Security System Leased; Smoke Detector(s) Sewer: Public Sewer Structure Type: Office Water Source: Public Showing Requirements: 24 Hour Notice; Alarm System; Appointment Only; Call Listing Agent; Vacant Contingencies: Financing; Inspection

Contract Information

Comp Sale YN
No
Listing Contract Date
2019-10-03
Original List Price
10000000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
1101
Street Name
54th
Street Suffix
Street
City Name
West Palm Beach
State Or Province
FL
Postal Code
33407
Area
5420
Geographic Area
PB20
Parcel Number
74434304340010000
Multiple Offers Accepted
No
Zoning
CSPD
Directions
45th street east to Greenwood Ave..north to 54th st.,then west.
Property Description
Medical Rehab Campus

Financial Information

Tax Annual Amount
43000
Tax Year
2018
Tax Legal Description
NOVUS MEDICAL PAR A K/A ALL OF PLAT

Remarks and Miscellaneous

Public Historical Remarks
Building Type: Y, Miscellaneous: Y

More Information

Status Change Information

Major Change Timestamp
2021-03-19T03:54:43Z
Major Change Type
Status Change
Status Change Date
2021-03-18
Under Contract Date
2019-12-05
Close Date
2020-10-27
Close Price
8750000
Buyer Financing
Conventional

Building and Property Details

# Of Offices
16
# Of Toilets
26
% Air Conditioned
100
Maximum Ceiling Height
25

Buyer Details

Country of Origin
United States

Price Calculations

Current Price To SqFt
493.04
Original List Price To Close Price
1.14

Originating Details

Originating System Key
20191003201445314021000000
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
1

Office/Member Information

DXORIGMLSID
RML

Electric

220 Volts
Yes
440 Volts
Yes
Generator
Yes
Three Phase
Yes

Flooring

Carpet
Yes
Ceramic Tile
Yes

Property Condition

New Construction
Yes

Documents Available

Existing Survey
Yes
Photos
Yes

Structure Type

Office
Yes

Tenant Pays

Common Area Maintenance
Yes
Electricity
Yes
Insurance
Yes
Maintenance
Yes
Taxes
Yes

Possession

Subject To Tenant Rights
Yes

Sewer

Public Sewer
Yes

Zoning Information

Use Conforms To Zoning
Yes

Building Features

Free Standing
Yes
Lobby
Yes
Meeting Room(s)
Yes
Plumbed For Medical
Yes
Private Restroom(s)
Yes
Public Restroom(s)
Yes
Reception Area
Yes

Business Type

Commercial
Yes
Medical
Yes
Special Purpose
Yes
Other
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Fixtures
Yes
Furniture
Yes
Inventory
Yes
Land
Yes
License
Yes
Machinery
Yes

Special Licenses

Occupational
Yes

Construction Materials

CBS
Yes
Concrete
Yes

Listing Terms

Cash
Yes
Conventional
Yes
Lease Option
Yes
Other
Yes

Roof

Concrete
Yes

Security Features

Closed Circuit Camera(s)
Yes
Fire Alarm
Yes
Fire Sprinkler System
Yes
Security System Leased
Yes
Smoke Detector(s)
Yes

Water Source

Public
Yes

Cooling

Central Air
Yes
Electric
Yes
Gas
Yes

Showing Requirements

24 Hour Notice
Yes
Alarm System
Yes
Appointment Only
Yes
Call Listing Agent
Yes
Vacant
Yes

Contingencies

Financing
Yes
Inspection
Yes
Listing Office: Blue Water Real Estate Group
IDX
Last Updated: January - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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