120 S Olive Avenue 703 West Palm Beach, FL $ 499,000
120 S Olive Avenue 703
$ 499,000
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120 S Olive Avenue 703

West Palm Beach, FL, 33401
$ 499,000
Bedrooms-- Baths-- Sq 1,015

Monthly Estimate*

$ 3,072

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View a Virtual Tour

Commercial Property for sale in West Palm Beach, FL

for $499,000. This 1,015 square foot building was built in 1925.

Unique Commercial Office Condo in the Historic Guaranty Building. Own a piece of West Palm Beach history with this distinctive commercial office condominium located in the iconic Guaranty Building. Designed by renowned architects Harvey and Clarke and completed in 1922, this landmark property offers a prestigious setting for your business and clients. Spanning over 1,000 square feet, the office has been thoughtfully renovated within the past five years, including the installation of a new HVAC system. The building showcases remarkable architectural details and timeless character rarely found in modern office spaces. Adding to its rich history, the Guaranty Building is rumored to house a hidden speakeasy once frequented by Al Capone during the Roaring Twenties. Situated in the heart of downtown West Palm Beach, the location offers exceptional convenience. Enjoy walking access to the waterfront, dining, shopping, entertainment, and cultural attractions. Commuters will appreciate the proximity to the Brightline, Tri-Rail, and I-95, while Palm Beach International Airport is just a short 10-minute drive away. Whether you're seeking an impressive headquarters, professional office, or investment opportunity, this exceptional property combines historic prestige, modern updates, and an unbeatable downtown location. Schedule your private showing today and experience the distinction of the Guaranty Building firsthand.

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Commercial Active

Price

$ 499,000

Property Type

Commercial

Taxes

$ 6,611

Style

Year Built

1925

Town/City

West Palm Beach

County/Region

Palm Beach

MLS | Web ID

B26043065

Features
General
Sewer Public Sewer
Heating Other
Cooling Central Air
Utilities Electricity Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Built-Up
HOA Fee 2217.27
Security Features Fire Alarm Smoke Detector(s)
Construction Materials Block
Year Built 1925
Electric Other
Stories Count 8
Unit Number 703
Property Subtype Office
Tax Year 2025
Business Type Commercial Professional/Office
Building Name Guaranty Building
Accessibility None
Assoc Fee Paid Per Monthly
County Palm Beach
New Construction false
Property Type Commercial Sale
Building Features Elevator(s) Public Restrooms Reception Area Restaurant
Status Active
Directions Okeechobee Blvd to South Olive Ave turn North to property on the corner of Datura and South Olive Ave
City West Palm Beach
Number Of Units Total 1
MLS Area 5420
Tax Annual Amount 6611.86
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/120-S-Olive-Avenue-Unit-703-West-Palm-Beach-FL-33401/unbranded
Standard Status Active
Occupancy Type Owner
Ownership Type Corporation
Property Sub Type Additional Office
Legal Description GUARANTY BUILDING CONDOMINIUM UNIT 703 IN OR28162P1020
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Interior
Flooring Laminate Vinyl
Total Stories 8
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features None
Lot Features Central Business District Corner Lot City Lot
Water Source Public
Total Parking 0
Building Area Total 1015
Road Surface Type Paved
Road Responsibility Public Maintained Road
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* Excluded Features
List By
Christine Velez

Listing Agent

Affordability Calculator

$3,623
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,072
Monthly Property Taxes
$551
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
6/19/2026$499,000 Listed Price

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120 S Olive Avenue 703, West Palm Beach, FL, 33401 is a Commercial Property for sale at $499,000 with 1,015 sqft. 120 S Olive Avenue 703 was built in 1925. The property's zip code is 33401 which is in West Palm Beach, FL