Commercial property in West Palm Beach, Florida № 1182004
19
ID1182004
$ 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 #: R10989433
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
Address303 Gardenia Street
TypeCommercial property
Completion dateIV quarter, 1925
Price
- Price
- per m²
$ 7 250 000
- EUR €
- USD $
- RUB ₽
- GBP £
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