515 S Dixie Hwy West Palm Beach, FL $ 4,250,000
515 S Dixie Hwy
$ 4,250,000
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515 S Dixie Hwy

West Palm Beach, FL, 33401
$ 4,250,000
Bedrooms-- Baths-- Sq 5,500

Monthly Estimate*

$ 26,514

515 S Dixie Hwy, West Palm Beach, FL 33401 - Image 1
515 S Dixie Hwy, West Palm Beach, FL 33401 - Image 2
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515 S Dixie Hwy, West Palm Beach, FL 33401 - Image 4
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Commercial Property for sale in West Palm Beach, FL

for $4,250,000. This 5,500 square foot building was built in 1965.

This corporate-backed, absolute NNN lease with Goodyear offers investors true hands-off, bond-style income from a globally recognized, investment-grade tenant. The 15-year lease, commencing in 2022, includes six 5-year renewal options with 10% rent increases every five years, providing predictable growth and long-term security. Located on the high-traffic US-1 corridor in Downtown West Palm Beach, the property benefits from excellent visibility, urban infill, and easy access to Okeechobee Blvd and I-95. With zero landlord responsibility, this 5,500 SF building on an 11,731 SF lot delivers stable cash flow and a 25-year horizon of built-in escalations, making it a rare opportunity for investors seeking reliable, long-term income.

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Commercial Active

Price

$ 4,250,000

Property Type

Commercial

Taxes

$ 53,835

Style

Year Built

1965

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

A11909648

Features
General
Year Built 1965
Stories Count 1
Levels One
Property Subtype Industrial
County Palm Beach
Property Type Commercial Sale
Possible Use Automotive
Status Active
City West Palm Beach
Zoning Description QGD-10 (
MLS Area 5420
Lot Size Units Square Feet
Lot Size Square Feet 11731
Tax Annual Amount 53835
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11909648
Standard Status Active
Occupancy Type Call Agent
Legal Description MODEL LAND CO ADD LTS 1 TO 3 INC /LESS W 50 FT & E 10 FT RD R/W/ BLK 55
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Interior
Total Baths 0
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Exterior
Total Parking 8
Lot Size Area 11731
Building Area Total 5500
Waterfront Y/N false
Covered Spaces 0
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* Excluded Features
List By
Apex Capital Realty Llc

Broker

miguel@apexcapitalrealty.com

Email

Affordability Calculator

$31,001
Per Month
86%
14%
0%
Monthly Principal & Interest
$26,514
Monthly Property Taxes
$4,486
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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/8/2025$4,250,000 Listed Price

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515 S Dixie Hwy, West Palm Beach, FL, 33401 is a Commercial Property for sale at $4,250,000 with 5,500 sqft. 515 S Dixie Hwy was built in 1965. The property's zip code is 33401 which is in West Palm Beach, FL