401 N Rosemary Avenue, West Palm Beach, FL 33401 (MLS# R11138384)

401 N Rosemary Avenue, West Palm Beach, FL 33401

$20,000,000
Property Type: Commercial Sale Square Footage: 5,452 Lot Size (sq. ft.): 9,148 Status: Active
Current Price: $20,000,000 List Date: 11/06/2025 Last Modified: 3/11/2026

Overview

Description

Exceptional redevelopment Real Estate Portfolio Downtown West Palm Beach, FL consisting of a strategically located real estate at 401, 403, 405, 407, 409, 411, & 413 North Rosemary Avenue, West Palm Beach, FL 33401, inclusive of 5 stories of air rights.This is a rare opportunity to acquire prime property in the dynamic Downtown West Palm Beach corridor—an area experiencing significant growth & redevelopment activity. The portfolio's location, zoning potential, & available air rights create a strong platform for vertical expansion or future mixed-use development.All submissions will be carefully reviewed. The portfolio is being offered as one transaction & will not be subdivided or sold separately.

Listing Details MLS# R11138384

General Property Information

Property Sub Type
Office
Building Area Main
5452
Building Area Source
Public Records
Year Built
1925
Lot Size Area
9147.6
Lot Size Acres
0.21
Stories
Yes

Property Features

Building Features: Free Standing Business Type: Commercial; Professional/Office Flooring: Other Heating: Central Possession: Close Of Escrow; Negotiable Property Condition: Resale Sale Includes: Building; Land Cooling: Central Building; Electric Listing Terms: Cash; Other Roof: Other Security Features: None Sewer: Public Sewer Structure Type: Office; Retail Water Source: Public Showing Requirements: 24 Hour Notice; Appointment Only

Contract Information

Comp Sale YN
No
Listing Contract Date
2025-11-06
Original List Price
20000000

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
401
Street Direction Prefix
N
Street Name
Rosemary
Street Suffix
Avenue
City Name
West Palm Beach
State Or Province
FL
Postal Code
33401
Area
5420
Geographic Area
PB20
Parcel Number
74434321060260192
Multiple Offers Accepted
Yes
Zoning
NWD-5
Directions
I95 to exit 70 to Okeechobee Blvd. toward Downtown West Palm Beach, heading East for about 1.5 miles. Turn left onto S Rosemary Avenue, continue N to 401 N Rosemary Ave on the left. (near 4th)
Property Description
Free standing

Financial Information

Tax Annual Amount
14902
Tax Year
2024
Tax Legal Description
CLOWS ADD N 14 FT E 16.1 FT OF S 62.8 FT OF N 76.8 FT, E 5 FT OF S 63.2 FT OF LT 19 & LT 20/LESS N 1.60 FT/ BLK 26

Status Change Information

Major Change Timestamp
2025-11-06T10:52:38Z
Major Change Type
New Listing
Status Change Date
2025-11-06

More Information

Building and Property Details

# Of Toilets
5
% Air Conditioned
100
Maximum Ceiling Height
8

Price Calculations

Current Price To SqFt
3668.37

Originating Details

Originating System Key
20251027133551244009000000
Originating System ID
M00000170

Currently Not Used

Number Of Units Total
7

Office/Member Information

DXORIGMLSID
RML

Flooring

Other
Yes

Property Condition

Resale
Yes

Structure Type

Office
Yes
Retail
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Building Features

Free Standing
Yes

Business Type

Commercial
Yes
Professional/Office
Yes

Heating

Central
Yes

Sale Includes

Building
Yes
Land
Yes

Listing Terms

Cash
Yes
Other
Yes

Roof

Other
Yes

Security Features

None
Yes

Water Source

Public
Yes

Cooling

Central Building
Yes
Electric
Yes

Showing Requirements

24 Hour Notice
Yes
Appointment Only
Yes
Listing Office: The Keyes Company (PBG)
IDX
Last Updated: March - 11 - 2026
Broker Attribution: [email protected]

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