Mixed use property in 215 5th Street, West Palm Beach, FL 33401 for rent with MLS# R11141063

Incredible opportunity to develop one of West Palm Beach's best lots with intracoastal views, across from the Breakers. The possibilities are endless; hotel, parking garage, retail, residential. There is a second structure as part of this deal 606 N. Olive; Possibility to rehab and lease out or develop to your liking. City has allowed up to 5 stories. Please call for more details.

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Days on the market

215 5th Street, West Palm Beach, FL 33401

Price
Price:
$60,000.00
Original List Price:
$60,000.00
Property Status and Type
Listing Type:
For Rent
Status:
Active Under Contract (An offer has been accepted, considering Backup Offers)
Contingency:
Active Under Contract
Listing Category:
Commercial Lease
Property Type:
Mixed Use
Description of Last Important Update:
Status Change
Last Major Update on:
June 15, 2026 2:35 pm
Measures
Built-Up Area:
0.64 Acre
Lot Area:
43,560 Sqft
Building Area Source:
Other
Lot Size Acres:
1
Construction
Year Built:
1927
Number of Units Total:
0
Stories:
3
Taxes and Expenses
Tax Annual Amount:
$98,455.00
Tax Year:
2025
Community
Senior Community:
No
Zoning and Legal
Tax Legal Description:
RAILWAY ADDITION LTS 1 & 2 BLK 2
Real Estate Folio Number (Parcel Number):
74434322120020010
Zoning:
FWD-5(
Listing History
Active on the market since:
November 15, 2025
Listing Agreement executed on:
November 15, 2025
Purchase Contract Date:
June 12, 2026
Listing Status Last Changed On:
June 15, 2026 2:35 pm
Photos updated on:
November 16, 2025 12:07 am
Last Modified:
October 16, 2026 3:11 pm
Additional Information
Courtesy of:
Nicklaus Vance
Attribution:
Not provided
Location
Street Name:
5th
Street Number:
215
City:
West Palm Beach
State:
Florida
Zip Code:
33401
County:
Palm Beach
Latitude:
N26° 43' 5.2''
Longitude:
W81° 56' 55''
Street Suffix:
Street
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $60,942
Median Home Value $430,900
Median Rent $1,774/mo
Median Age 38
Population 31,964
Ver la Propiedad Ver la propiedad 215 5th Street, West Palm Beach, FL 33401
This listing can also be located in the MLS system as RX-11141063
Association of REALTORS®
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