401 N Rosemary Avenue, West Palm Beach, FL 33401
$20,000,000
Property Type:
Commercial Sale
Square Footage:
5,452
Lot Size (sq. ft.):
9,148
Status:
Active
Current Price:
$20,000,000
List Date:
11/06/2025
Last Modified:
2/19/2026
Description
Exceptional redevelopment Real Estate Portfolio Downtown West Palm Beach, FL consisting of a strategically located real estate at 401, 403, 405, 407, 409, 411, & 413 North Rosemary Avenue, West Palm Beach, FL 33401, inclusive of 5 stories of air rights.This is a rare opportunity to acquire prime property in the dynamic Downtown West Palm Beach corridor—an area experiencing significant growth & redevelopment activity. The portfolio's location, zoning potential, & available air rights create a strong platform for vertical expansion or future mixed-use development.All submissions will be carefully reviewed. The portfolio is being offered as one transaction & will not be subdivided or sold separately.
More Information MLS# R11138384
Contract Information
Comp Sale YN: No
Listing Contract Date: 2025-11-06
Status: Active
Original List Price: 20000000
List Price: $20,000,000
Current Price: $20,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33401
Geographic Area: PB20
Multiple Offers Accepted: Yes
Property Description: Free standing
Country: United States
Street Number: 401
Street Direction Prefix: N
Street Name: Rosemary
Street Suffix: Avenue
State Or Province: FL
Area: 5420
Parcel Number: 74434321060260192
Zoning: NWD-5
Directions: I95 to exit 70 to Okeechobee Blvd. toward Downtown West Palm Beach, heading East for about 1.5 miles. Turn left onto S Rosemary Avenue, continue N to 401 N Rosemary Ave on the left. (near 4th)
General Property Information
Lot Size Area: 9147.6
Stories: 1
Property Sub Type: Office
Building Area Main: 5452
Building Area Source: Public Records
Year Built: 1925
Lot Size Acres: 0.21
Currently Not Used
Number Of Units Total: 7
Office/Member Information
DXORIGMLSID: RML
Flooring
Other: 1
Property Condition
Resale: 1
Structure Type
Office: 1
Retail: 1
Possession
Close Of Escrow: 1
Negotiable: 1
Sewer
Public Sewer: 1
Building and Property Details
# Of Toilets: 5
% Air Conditioned: 100
Maximum Ceiling Height: 8
Building Features
Free Standing: 1
Business Type
Commercial: 1
Professional/Office: 1
Heating
Central: 1
Sale Includes
Building: 1
Land: 1
Listing Terms
Cash: 1
Other: 1
Roof
Other: 1
Security Features
None: 1
Water Source
Public: 1
Cooling
Central Building: 1
Electric: 1
Showing Requirements
24 Hour Notice: 1
Appointment Only: 1
Price Calculations
Current Price To SqFt: 3668.37
Financial Information
Tax Annual Amount: 14902
Tax Year: 2024
Tax Legal Description: CLOWS ADD N 14 FT E 16.1 FT OF S 62.8 FT OF N 76.8 FT, E 5 FT OF S 63.2 FT OF LT 19 & LT 20/LESS N 1.60 FT/ BLK 26
Status Change Information
Major Change Timestamp: 2025-11-06T10:52:38Z
Major Change Type: New Listing
Status Change Date: 2025-11-06
Originating Details
Originating System Key: 20251027133551244009000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing
Business Type: Commercial; Professional/Office
Flooring: Other
Heating: Central
Possession: Close Of Escrow; Negotiable
Property Condition: Resale
Sale Includes: Building; Land
Cooling: Central Building; Electric
Listing Terms: Cash; Other
Roof: Other
Security Features: None
Sewer: Public Sewer
Structure Type: Office; Retail
Water Source: Public
Showing Requirements: 24 Hour Notice; Appointment Only
Listing Office:
The Keyes Company (PBG)
Last Updated: February - 19 - 2026
Broker Attribution:
carmellasmith@keyes.com
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