120 S Olive Ave - Office CONDO FOR SALE


West Palm Beach, FL 33401
$799,000 USD
561-762-3131
120 S Olive Ave, West Palm Beach, FL for Sale
$799,000 USD
Office CONDO - FOR SALE
1/34
null | Request Cap Rate

120 S Olive Ave
West Palm Beach, FL 33401


HIGHLIGHTS

  • Historic Excellence: Listed on the U.S. National Register of Historic Places; built in 1925 and fully renovated in 1998/99
  • Modern Amenities: Beautiful marble entrance, tiled halls, 24-hour access, after-hours keypad entry, and tenant-controlled HVAC
  • Prime Location: Situated in the heart of Downtown West Palm Beach, steps from Clematis Street, Flagler Drive, and the waterfront
  • Near Everything: Minutes from the Palm Beach County Courthouse, Island of Palm Beach, Palm Beach International Airport, and more
  • Unmatched Access: Entrances on both Datura Street and South Olive Avenue, minutes from I-95 with east access to main roads
  • Wall Street South: Leading neighborhood for finance, innovation and growth with NYU Health & Cleveland Clinic coming soon

OVERVIEW

This competitively priced property offers a combination of historical charm, functional space, and unbeatable downtown location, making it a valuable investment for business owners. Ownership Opportunity: Rare chance to own a boutique office condo in the historic Guaranty Building, a centerpiece of Downtown West Palm Beach's Flagler Financial District/Wall Street South. Versatile Layout: ±1,877 SF configured with 7 private offices, a kitchen/conference room, and ample space for collaborative or individual work environments, ideal for financial services, law firms, creative agencies, or consulting businesses. Historic Value Meets Modern Updates: Originally built in 1925 and listed on the U.S. National Register of Historic Places, the building underwent a full renovation in 1998/99, with additional common area updates in 2006, including the grand marble lobby and tiled halls. Prime Location: Steps from Clematis Street, CityPlace, and Flagler Drive, surrounded by top-tier dining, shopping, and professional services. Minutes to I-95 and other major transportation routes, offering unparalleled convenience for clients and employees. Wall Street South: With the new nickname of 'Wall Street South,' West Palm Beach has gained recognition as a leading center for finance, innovation, and economic growth. The city blends opportunity with charm, offering a mix of bustling downtown streets, serene green spaces, and a lively arts and entertainment scene that caters to a diverse and growing community. Just steps away, the NYU Langone Health Tower is set to open soon, while the Cleveland Clinic will bring world-class healthcare innovation to the area, further enhancing the city’s reputation as a hub for world-class healthcare and innovation. Move-In Ready: This modern office condo is ready for immediate occupancy, saving time and costs on buildouts or renovations.

FOR SALE DETAILS

PRICE

$799,000 USD

PRICE/SF

$426 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Historic Office Condo - 120 S Olive

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

45,288 SF

STORIES

8

BUILDING CLASS

B

YEAR BUILT

1925

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

CWD-CD

APN/PARCEL ID

74-43-43-22-40-000-7040

ASK ABOUT THIS PROPERTY

Jason SundookNAI/Merin Hunter Codman, Inc.More Info
561-762-3131

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Jason SundookNAI/Merin Hunter Codman, Inc.More Info
561-762-3131

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.