Office in 7500 S Dixie Hwy West Palm Beach for sale with MLS# A11972183
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.
7500 S Dixie Hwy, West Palm Beach, FL 33405
- Price:
- $2,200,000.00
- Original List Price:
- $2,200,000.00
- Gross Scheduled Income:
- 144000
- Financial Data Source:
- Owner
- Lease Term:
- 36 Months
- Tenant Pays:
- Exterior Electric, Electricity, Water, Telephone, Sewer, Janitorial Service
- Lease Terms / Move In Requirements:
- 1–3 Year Lease, Gross Rent Shown
- Listing Type:
- For Sale
- Status:
- Pending (An offer has been accepted)
- Contingency:
- Pending Inspections
- Listing Category:
- Commercial Sale
- Property Type:
- Office
- MLS Number:
- A11972183
- Description of Last Important Update:
- Pending (An offer has been accepted)
- Last Major Update on:
- April 10, 2026 10:58 am
- Built-Up Area:
- 4,057 Sqft
- Lot Area:
- 12,014 Sqft
- Lot Size Unit:
- Square Feet
- Lot Size Acres:
- 0.28
- Waterfront:
- No
- Security:
- Smoke Detector(s), Security System
- Windows:
- Impact Glass, Impact glass, Impact Glass
- Air Conditioning
- Air Conditioning System:
- Central Air
- Heating
- Heating System:
- Central, Electric
- Storm Protection:
- Partial Impact Glass
- Year Built:
- 1958
- Year Built Details:
- Resale
- Roof:
- Built-up
- Number of Buildings:
- 1
- Levels:
- One
- Construction Materials:
- Block
- Structure Type:
- Office
- Stories:
- 1
- Road Frontage Type:
- City Street, Highway
- Tax Annual Amount:
- $19,516.00
- Tax Year:
- 2025
- Parking Total Spaces:
- 13
- Covered Spaces:
- 0
- Sewer:
- Public Sewer
- Water Source:
- Public
- Senior Community:
- No
- Listing Terms Considered by Seller:
- Cash, Conventional
- Occupant Type:
- Tenant
- Buyer Possession:
- Subject To Tenant Rights, Closing And Funding
- Tax Legal Description:
- HOMEWOOD FIRST ADD LT 5 & N 10 FT OF LT 6 BLK 6
- Real Estate Folio Number (Parcel Number):
- 74434410070060050
- Zoning Description:
- NC (city
- Originally published on:
- February 25, 2026 3:51 pm
- Active on the market since:
- February 17, 2026
- Price change occurred on:
- February 25, 2026 2:24 pm
- Listing Status Last Changed On:
- April 10, 2026 10:58 am
- Photos updated on:
- February 25, 2026 9:11 pm
- Last Modified:
- April 10, 2026 2:58 pm
- Property Description:
- OFFICE BUILDING
- Flood Zone:
- X
- Municipal Code:
- 74
- Subdivision Number:
- 7
- Courtesy of:
- Coastal Properties
- Attribution:
- Not provided
- Street Name:
- Dixie Hwy
- Street Number:
- 7500
- City:
- West Palm Beach
- State:
- Florida
- Zip Code:
- 33405
- County:
- Palm Beach
- Latitude:
- N26° 38' 59.1''
- Longitude:
- W81° 56' 38.1''
- Street Direction Prefix:
- S
Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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