2223 Palm Beach Lakes Boulevard West Palm Beach, FL $ 8,250,000
2223 Palm Beach Lakes Boulevard
$ 8,250,000
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2223 Palm Beach Lakes Boulevard

West Palm Beach, FL, 33409
$ 8,250,000
Bedrooms-- Baths8.0 Sq 27,200

Monthly Estimate*

$ 51,469

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Commercial Property for sale in West Palm Beach, FL

for $8,250,000 with 8 full baths. This 27,200 square foot building was built in 1980.

The multi-tenant retail storefront is operating with two main units. The building was completely renovated between 2017-2018, roof(2018), and new HVAC's(2025).The first unit (Previously Rock Fitness : 16,000 SF) is vacant and we have had interest from prospective tenants at market rents. The second unit (Furniture Direct : 11,200 SF) is operating and has 3 years remaining on their initial 10 year lease (ending October 2028), which they would like to renew and are amenable to increase their rent to market value. They currently on a NNN lease with 4% annual increases, plus monthly CAM.The 1.74 AC : 76,230 SF Lot, zoned GC, has a wide range of permitted uses. Included but not limited to department store, religious centers, gyms, spas, multifamily, supermarkets, and recreational uses

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Commercial Contingent

Price

$ 8,250,000

Full Bath

8

Property Type

Commercial

Taxes

$ 78,788

Style

Retail

Year Built

1980

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

RX11120696

Features
General
Construction Block CBS Concrete
Heating Central Individual Electric
Cooling Ceiling Fan Central Individual Electric
Utilities 201+ Amp 220 Electric Public Sewer Public Water Separate Meter
Possession At Closing
Roof Built-Up Other Steel Joist
Zoning GC(cit
Status Active Under Contract
Year Built 1980
Subdivision PALM BEACH LAKES COMM 3
Stories Count 1.0
Type Retail
Property Type E
Area 5410
Location Central Business Dst City County Investment
Auction No
Tax Year 2024
Terms Considered Cash Conventional Exchange
Use Retail
Misc. Landscaped Sprinkler Water Rear Access Separate Office Area Showroom Traffic Heavy
Special Info Presently Leased
Virtual Tour https://www.propertypanorama.com/2223-Palm-Beach-Lakes-Boulevard-West-Palm-Beach-FL-33409/unbranded
Geo Area PB23
Legal Description PALM BEACH COMMERCIAL PL 3 LTS 3 & 4
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Exterior
Waterfront No None
Lot Size 1.74
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Interior
Flooring Concrete
Ceiling Exposed Height Varies Suspended
Total Number of Units 2
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Internal Only
OriginalMLSID RX-11120696
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* Excluded Features
List By
Thomas Sinner

Listing Agent

Keller Williams Realty/P B

Broker

tdsinner@gmail.com

Email

Affordability Calculator

$58,035
Per Month
89%
11%
0%
Monthly Principal & Interest
$51,469
Monthly Property Taxes
$6,566
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
10/14/2025$8,250,000 -5.71% Price Down
9/3/2025$8,750,000 Listed Price

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2223 Palm Beach Lakes Boulevard, West Palm Beach, FL, 33409 is a Commercial Property for sale at $8,250,000 with 27,200 sqft. 2223 Palm Beach Lakes Boulevard has 8.0 baths and was built in 1980. The property's zip code is 33409 which is in West Palm Beach, FL