Sold
Closed
501 S Olive Avenue
West Palm Beach FL, 33401
$5,600,000
Sold
Closed
Commercial
Built in 1925
303 Gardenia and 501 S Olive are being sold togetherLandmark Commercial Realty Advisors is pleased to present 303 Gardenia St and 501 S Olive Ave an incredible opportunity to purchase TWO buildings in the heart of downtown West Palm Beach, Florida.The Properties offer incredible opportunity for a covered land play with existing in place cash flow through retail and residential tenants and with the underlying development opportunity allowed in the zoning district. Both Buildings have a 10 story height limit and a FAR of 2.75.
R10989439
MLSⓇ ID
May 21, 2024
Listed
September 1, 2024
Updated
Map
501 S Olive Avenue
West Palm Beach FL, 33401
Interior Features
Total Stories
1
Floor Description
Other
Fireplace
No
Cooling
Yes
Cooling Description
Other
Heating
Yes
Heating Description
Other
Exterior/Building Features
Lot Size
0.21 Acres
Roof
Barrel, Other
Other Property Details
Area Name
5420
Taxes
$30,923
Tax Frequency
Annually
Days on Market
66
Garage
No
View
No
County
Palm Beach County
Water Source
Public
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
8/30/2024 | Sold | $5,600,000 |
8/9/2024 | Pending | — |
6/6/2024 | Price change | $6,900,000 -5% |
Listed by: Landmark Commercial Realty Adv
Listing Contact: (561) 662-0301
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Data last updated 6:10 AM UTC, 9/1/2024
