2725 Hillsboro Road West Palm Beach, FL $ 8,995,000
2725 Hillsboro Road
$ 8,995,000
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2725 Hillsboro Road

West Palm Beach, FL, 33405
$ 8,995,000
Bedrooms-- Baths2.0

Monthly Estimate*

$ 56,117

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Commercial Property for sale in West Palm Beach, FL

for $8,995,000 with 2 full baths. This building was built in 1961.

Current owner purchased the warehouse in January 2019 to house a private art collection. When purchased, the warehouse was shell stripped of all power. The renovation completed a year and a half later in August 2020.Renovated to Chubb's specifications, the warehouse has a new TPO roof, 10 new quiet air HVAC units, 3 commercial dehumidifiers, (Pre Action sprinkler system), all new power (600 AMPS; 3 panels/208 each), a full building natural gas generator, Carbon monoxide detection/ventilation system and an interior loading dock. 2 ADA bathrooms and an ADA entry/exit ramp. Renovation completed August 2020.The property has 4 parking spaces in front and there is an on-going lease with FLA DOT lot (adjoining the property) about 15,000 SF with a 5-year lease at $6,500/year.The Lease has a 5-year option to renew with approval from FDOT. DISCLAIMER: The written and verbal information provided including but not limited to prices, measurements, square footages, lot sizes, calculations and statistics have been obtained and conveyed from third parties such as the applicable Multiple Listing Service, public records as well as other sources. All information including that produced by the Sellers or Listing Company are subject to errors, omissions or changes without notice and should be independently verified by any prospect for the purchase of a Property. The Sellers and Listing Company expressly disclaim any warranty or representation regarding all information. Prospective purchasers' use of this or any written and verbal information is acknowledgement of this disclaimer and that Prospects shall perform their own due diligence. Prospective purchasers shall not rely on any written or verbal information provided when entering a contract for sale and purchase. Some affiliations may not be applicable to certain geographic areas. Copyright 2023 Listing Company. All Rights Reserved.

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Commercial Active

Price

$ 8,995,000

Full Bath

2

Property Type

Commercial

Taxes

$ 2,313,944

Style

Industrial

Year Built

1961

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11054556

Features
General
Heating Other
Cooling Central
Utilities Generator
Possession At Closing
Roof Concrete Tile
Zoning I--INDUSTRIAL (7
Status Active
Year Built 1961
Subdivision BELVEDERE SOUTH PL 3 REPL PT OVERLOOK IN
Stories 1.0
Type Industrial
Property Type E
Area 5430
Auction No
Tax Year 2024
Terms Considered Cash Conventional
Use Industrial Other
Virtual Tour https://www.propertypanorama.com/2725-Hillsboro-Road-West-Palm-Beach-FL-33405/unbranded
Geo Area PB20
Legal Description BELVEDERE SOUTH 3 LTS 5 6 7 & N 10 FT LT 8 (LESS N 13 FT & W 16 FT RR R/W) BLK 6
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Interior
Flooring Concrete
Total Number of Units 1
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Exterior
Lot Size 0.51
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Internal Only
OriginalMLSID RX-11054556
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* Excluded Features
List By
Burton S. Minkoff

Listing Agent

Douglas Elliman

Broker

burt.minkoff@elliman.com

Email

Affordability Calculator

$248,946
Per Month
23%
77%
0%
Monthly Principal & Interest
$56,117
Monthly Property Taxes
$192,829
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
368239 Elementary School
368240 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/5/2025$8,995,000 -10.01% Price Down
3/6/2025$9,995,000 Listed Price

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2725 Hillsboro Road, West Palm Beach, FL, 33405 is a Commercial Property for sale at $8,995,000. 2725 Hillsboro Road has 2.0 baths and was built in 1961. The property's zip code is 33405 which is in West Palm Beach, FL