7500 S Dixie Hwy, West Palm Beach FL 33405 | Palm Beach County | A11972183
- $2,200,000
- Office
- Square Feet
7500 S Dixie Hwy, West Palm Beach FL 33405 | Palm Beach County | A11972183
- $2,200,000
Description
Great opportunity on this one-story office with established cash flow with a lease in place and a good cap rate with more upside in renting additional vacant office space for either a longer-term investment or a possibly redevelopment play ahead of the trend in south section of West Palm Beach. Medical office zoning in place along with four stories and possibly more height and density with the right mixed-use plan. 13 parking spaces. Additional public street parking along the back street on Brevard Avenue. Recent renovations in 2020 flooring, some impact windows, ceiling and security system. Two office units – a 3177 square foot office currently leased at $35.49 per square foot (gross lease) and a second unit at 880 square feet which was a former dental office and is vacant for additional rental income. Assuming the second office space is leased based on the same amount as the occupied office, the projected cap rate is in the 7% range.
Address
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Address: Dixie Hwy
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City: West Palm Beach
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State/county: Palm Beach County
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Zip/Postal Code: 33405
Details
Updated on March 24, 2026 at 2:27 am-
Property ID A11972183
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Price $2,200,000
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Land Area 0.28 Square Feet
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Year Built 1958
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Type Office
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Property Status Commercial Sale
Additional details
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BuildingAreaTotal 4057
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BuildingAreaUnits Square Feet
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BusinessType Medical Office
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ConstructionMaterials CBS Construction
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ContractStatusChangeDate 2026-02-17
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Cooling Central Building A/C
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CurrentUse Commercial Lease
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DaysOnMarket 34
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Directions Inter State 95. Exit EAST on FOREST HILLS BLVD. Turn RIGHT onto S. DIXIE HWY (US1). Property will be on the left side.
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DistanceToFreewayNumeric 2
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ExistingLeaseType Gross
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ExpirationDate 2026-08-17
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FinancialDataSource Owner Provided
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GrossScheduledIncome 144000
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Heating Central Electric
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Inclusions Building & Land
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InternetAddressDisplayYN 1
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InternetAutomatedValuationDisplayYN 1
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InternetConsumerCommentYN 1
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InternetEntireListingDisplayYN 1
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LeaseConsideredYN 1
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LeaseTerm 1 To 3 Year Lease
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ListAOR A-Miami Association of REALTORS
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ListAgentDirectPhone 561-308-3292
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ListingTerms All Cash, Conventional/Refinance
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LotFeatures City Location
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LotSizeSquareFeet 12014
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MajorChangeTimestamp February 25, 2026 at 08:51pm
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MajorChangeType New
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MlsStatus Active
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ModificationTimestamp March 23, 2026 at 06:12pm
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NetOperatingIncome 111816
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NewTaxesExpense 19516
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NumberOfBuildings 1
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NumberOfUnitsInCommunity 0
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OnMarketDate 2026-02-17
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OperatingExpense 32184
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OriginalEntryTimestamp February 25, 2026 at 08:51pm
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OriginalListPrice 2200000
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OriginatingSystemID miamire
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OriginatingSystemKey miamire
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OriginatingSystemName Miami Association of REALTORS®
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OtherExpense 0
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ParcelNumber 74434410070060050
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ParkingTotal 13
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PhotosChangeTimestamp February 25, 2026 at 08:55pm
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PhotosCount 78
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Possession Funding, Rental Agreement
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PostalCodePlus4 4814
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PriceChangeTimestamp February 25, 2026 at 07:24pm
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PublicSurveySection 10
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RoadFrontageType City Street, Highway
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Roof Built-Up
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SecurityFeatures Smoke Detector(s), Security System
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Sewer Public Sanitation
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ShowingContactType Agent
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ShowingInstructions 24 Hour Notice, Appointment Only, Call Listing Agent, See Broker Remarks
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SourceSystemKey 429318146
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SpecialListingConditions Sale
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StateOrProvince FL
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StatusChangeTimestamp February 25, 2026 at 08:51pm
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Stories 1
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StoriesTotal 1
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StreetDirPrefix S
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StreetName Dixie Hwy
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StreetNumber 7500
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StreetNumberNumeric 7500
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SyndicationRemarks Great opportunity on this one-story office with established cash flow with a lease in place and a good cap rate with more upside in renting additional vacant office space for either a longer-term investment or a possibly redevelopment play ahead of the trend in south section of West Palm Beach. Medical office zoning in place along with four stories and possibly more height and density with the right mixed-use plan. 13 parking spaces. Additional public street parking along the back street on Brevard Avenue. Recent renovations in 2020 flooring, some impact windows, ceiling and security system. Two office units – a 3177 square foot office currently leased at $35.49 per square foot (gross lease) and a second unit at 880 square feet which was a former dental office and is vacant for additional rental income. Assuming the second office space is leased based on the same amount as the occupied office, the projected cap rate is in the 7% range.
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TaxAnnualAmount 19516
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TaxLegalDescription HOMEWOOD FIRST ADD LT 5 & N 10 FT OF LT 6 BLK 6
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TaxYear 2025
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TenantPays Exterior Electric, Electricity, Janitorial Service, Telephone, Sewer, Water
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WaterSource Public
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WindowFeatures Partial Impact Glass
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YearBuiltDetails Resale
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Zoning NC (city
Features
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