Commercial property in West Palm Beach, Florida № 1181987
13
ID1181987
$ 7 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
303 Gardenia and 501 S Olive are being sold togetherLandmark Commercial Realty Advisors is pleased to present 303 Gardenia St and 501 S Olive Ave an incredible opportunity to purchase TWO buildings in the heart of downtown West Palm Beach, Florida.The Properties offer incredible opportunity for a covered land play with existing in place cash flow through retail and residential tenants and with the underlying development opportunity allowed in the zoning district. Both Buildings have a 10 story height limit and a FAR of 2.75.MLS #: R10989439
West Palm Beach - Statistics
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| Parameters | West Palm Beach |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 500.00 |
| Apartment (1 bedroom) Outside of Centre | $ 1 800.00 |
| Apartment (3 bedrooms) in City Centre | $ 4 575.00 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 100.00 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 4 284.00 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 4 284.00 |
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| Parameters | West Palm Beach |
|---|---|
| Crime Index | 57.71 |
| Traffic Commute Time Index | 30.92 |
| Restaurant Price Index | 70.53 |
| Property Price to Income Ratio | 4.88 |
| Climate Index | 88.04 |
| Safety Index | 42.29 |
| Traffic CO₂ Index | 8046.50 |
| Traffic Inefficiency Index | 146.30 |
| Rent Index | 57.62 |
| Health Care Index | 67.18 |
| Traffic Index | 145.22 |
| Pollution Index | 43.01 |
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| Parameters | West Palm Beach |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 18.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 80.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 10.00 |
| Domestic Beer (0.5 liter draught) | $ 6.00 |
| Imported Beer (0.33 liter bottle) | $ 7.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 3.03 |
| Water (0.33 liter bottle) | $ 2.07 |
| Cappuccino (regular) | $ 5.13 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.11 |
| Loaf of Fresh White Bread (500g) | $ 2.92 |
| Eggs (regular) (12) | $ 4.78 |
| Local Cheese (1kg) | $ 22.24 |
| Water (1.5 liter bottle) | $ 1.72 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.73 |
| Imported Beer (0.33 liter bottle) | $ 2.67 |
| Cigarettes 20 Pack (Marlboro) | $ 5.75 |
| Apples (1kg) | $ 4.48 |
| Chicken Fillets (1kg) | $ 12.16 |
| Oranges (1kg) | $ 6.39 |
| Potato (1kg) | $ 3.81 |
| Lettuce (1 head) | $ 2.56 |
| Rice (white), (1kg) | $ 5.56 |
| Tomato (1kg) | $ 5.34 |
| Banana (1kg) | $ 1.57 |
| Onion (1kg) | $ 4.61 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 16.04 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 2.00 |
| Gasoline (1 liter) | $ 0.91 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 40 025.00 |
| Taxi Start (Normal Tariff) | $ 2.50 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 25 612.90 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 167.01 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 60.14 |
| $ 43.00 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 390.15 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.61 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 50.00 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 50.00 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 37.50 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 87.67 |
| 1 Pair of Men Leather Business Shoes | $ 100.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 840.00 |
| International Primary School, Yearly for 1 Child | $ 40 000.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityWest Palm Beach
Address501 S Olive Avenue
TypeCommercial property
Completion dateIV quarter, 1925
Price
- Price
- per m²
$ 7 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
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