501 S Olive West Palm Beach, FL 33401
SOLD FOR
$5,600,000
$7,250,000
(4.8%)
Overview
- Status: Closed
- Bed(s) No info
- Bath(s)
- Half Bath(s) 0
- Parking No info
- Size: No info
- Price Per: No info/No info
- Type: Commercial/Investment
- Built: 1925
- HOA: No info
- MLS Number: RX-10989439
- View No info
- On Site: 262 days
- Updated: Listing Refreshed: 160 Days Ago
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.
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 08/26/2024 | Sold | $5,600,000.00 | 18.8% | N/A |
| 06/06/2024 | Price Reduced | $6,900,000.00 | 4.8% | N/A |
| 05/21/2024 | Listed | $7,250,000.00 | N/A |
Contact Information
Tracey Schmitt Office
Real Estate Advisors
Office: (561) 948-1657
Email: info@bestofluxuryrealty.com
This property is courtesy of the Landmark Commercial Realty Adv. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.