$1,575,000
West Palm Beach, FL 33411
MLS# R11115887
1 / 8
Property Description
Ground floor 2,264sf retail unit in the heart of downtown West Palm Beach, located at the base of the luxurious Strand building. Attractive for both investors and end users - stable, NNN tenant in place through 2034 with 5 year option, however, potential for owner/user to take over occupancy. '
Details
Maps
Contract Information
Comp Sale YN: No
Seller Represented YN: Yes
Listing Date: 2025-08-12
Status: Active
Original List Price: 1900000
List Price: $1,575,000
Current Price: $1,575,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33411
Geographic Area: PB20
Property Description: STRAND CONDOMINIUM M
Country: United States
Street Number: 212
Street Direction Prefix: S
Street Name: Olive
Street Suffix: Avenue
Unit Number: Mu-7
State Or Province: FL
Area: 5420
Parcel Number: 74434322370010070
Zoning: FWD-5—FLAGLER-W
General Property Information
Number Of Units Total: 1
Lot Size Area: 0
Stories: 1
Property Sub Type: Retail
Building Area Source: Owner
Year Built: 2002
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Condo
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Back on Market Date: 2026-04-04
Major Change Timestamp: 2026-11-03T21:40:11Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-11-03T21:40:11Z
Status Change Date: 2026-04-04
Electric
Three Phase: 1
Flooring
Concrete: 1
Documents Available
Copy Of Lease(s): 1
Tenant Pays
Water: 1
Possession
Negotiable: 1
Building and Property Details
# Of Toilets: 1
% Air Conditioned: 100
Maximum Ceiling Height: 22
Heating
Central: 1
Listing Terms
Cash: 1
Conventional: 1
Trade: 1
Roof
Other: 1
Security Features
Fire Sprinkler System: 1
Water Source
Public: 1
Cooling
Central Air: 1
Showing Requirements
Call Listing Agent: 1
Text Listing Agent: 1
Financial Information
Tax Annual Amount: 17527
Tax Year: 2024
Tax Legal Description: STRAND CONDOMINIUM MU-7 IN OR20222P649
Originating Details
Originating System Key: 20250813190112747316000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s)
Electric: Three Phase
Flooring: Concrete
Heating: Central
Possession: Negotiable
Tenant Pays: Water
Cooling: Central Air
Listing Terms: Cash; Conventional; Trade
Roof: Other
Security Features: Fire Sprinkler System
Water Source: Public
Showing Requirements: Call Listing Agent; Text Listing Agent
Listing Office: Keller Williams Realty - Wellington
Last Updated: November - 03 - 2026
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