5112 Georgia Avenue, West Palm Beach, FL 33405
$7,000,000
Property Type:
Commercial Sale
Square Footage:
31,614
Lot Size (sq. ft.):
54,014
Status:
Closed
Current Price:
$7,000,000
List Date:
9/24/2024
Last Modified:
3/13/2026
Overview
Description
This unique opportunity doesn't occur often. Don't miss out on this very rare & important property being offered for sale on the market. Approximately 1.243 Acre, totaling 54,145 sq ft, making it the largest parcel located on the highly sought after Georgia Avenue corridor, within the heartbeat of the local community, attracting designers, contractors, antique shops, restaurants... The main building has over 27,700 sq ft & features a large reception area, conference rm, 9 offices, & warehouse w/4 roll up garage doors plus 1 barn door, and a quonset hut on the south side with over 3,800 sq ft., 1 roll up garage door, w/plenty of parking. Being sold with or without over 2 dozen wood working machines to create high end custom doors, mouldings, cabinets and so much more.
Supplements:
Listing Details MLS# R11023503
General Property Information
- Property Sub Type
- Industrial
- Building Area Main
- 31614
- Building Area Source
- Public Records
- Year Built
- 1946
- Lot Size Area
- 54014.4
- Lot Size Acres
- 1.24
- Stories
- Yes
Property Features
Building Features:
Free Standing; Meeting Room(s); Overhead Door(s); Reception Area; Separate Office Area; Showroom
Business Type:
Commercial; Manufacturing
Documents Available:
Equipment Inventory; Existing Survey; Owner Managed
Electric:
200+ Amp Service; Three Phase
Flooring:
Carpet; Concrete; Wood
Heating:
Other
Location of Property:
City Location
Possession:
Negotiable
Sale Includes:
Building; Inventory; Land; Machinery; Tools
Cooling:
Central Air; Zoned
Listing Terms:
Cash; Trade
Roof:
Other
Security Features:
Fire Sprinkler System
Structure Type:
Industrial; Office; Warehouse
Water Source:
Public
Showing Requirements:
Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Contingencies:
None
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2024-09-23
- Original List Price
- 9500000
- Negotiable Seller Concessions YN
- No
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 5112
- Street Name
- Georgia
- Street Suffix
- Avenue
- City Name
- West Palm Beach
- State Or Province
- FL
- Postal Code
- 33405
- Area
- 5430
- Geographic Area
- PB20
- Parcel Number
- 74434404130000230
- Zoning
- I-Industiral
- Directions
- Between Nottingham and Bunker on the East side.
- Property Description
- Sale Industrial
Financial Information
- Tax Annual Amount
- 49450
- Tax Year
- 2023
- Tax Legal Description
- SOUTHBORO PARK LTS 23 THRU 30, LT 30A, LTS 31 THRU 38, LT 38A & LTS 39 & 40
Remarks and Miscellaneous
- Public Historical Remarks
- Miscellaneous: Y
More Information
Status Change Information
- Major Change Timestamp
- 2024-12-24T03:28:38Z
- Major Change Type
- Status Change
- Status Change Date
- 2024-12-23
- Under Contract Date
- 2024-09-23
- Close Date
- 2024-12-19
- Close Price
- 7000000
- Buyer Financing
- Conventional
Building and Property Details
- # Of Offices
- 9
- # Of Toilets
- 4
- % Air Conditioned
- 20
- Maximum Ceiling Height
- 20
Contributions
- Buyer Contributions
- No
Price Calculations
- Current Price To SqFt
- 221.42
- Original List Price To Close Price
- 1.35
Originating Details
- Originating System Key
- 20240924161524004325000000
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 2
Office/Member Information
- DXORIGMLSID
- RML
Electric
- 200+ Amp Service
- Yes
- Three Phase
- Yes
Flooring
- Carpet
- Yes
- Concrete
- Yes
- Wood
- Yes
Documents Available
- Equipment Inventory
- Yes
- Existing Survey
- Yes
- Owner Managed
- Yes
Structure Type
- Industrial
- Yes
- Office
- Yes
- Warehouse
- Yes
Location of Property
- City Location
- Yes
Possession
- Negotiable
- Yes
Building Features
- Free Standing
- Yes
- Meeting Room(s)
- Yes
- Overhead Door(s)
- Yes
- Reception Area
- Yes
- Separate Office Area
- Yes
- Showroom
- Yes
Business Type
- Commercial
- Yes
- Manufacturing
- Yes
Heating
- Other
- Yes
Sale Includes
- Building
- Yes
- Inventory
- Yes
- Land
- Yes
- Machinery
- Yes
- Tools
- Yes
Listing Terms
- Cash
- Yes
- Trade
- Yes
Roof
- Other
- Yes
Security Features
- Fire Sprinkler System
- Yes
Water Source
- Public
- Yes
Cooling
- Central Air
- Yes
- Electric
- Yes
- Zoned
- Yes
Showing Requirements
- Appointment Only
- Yes
- Call Listing Agent
- Yes
- Listing Agent Must Accompany
- Yes
Contingencies
- None
- Yes
Listing Office:
Local Palm Beach Realty Inc.
Last Updated: March - 13 - 2026
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