Interior
- Bathrooms
- 0
- Flooring
- Other
- Cooling
- None
- Heating
- None
Active · MixedUse
$30,000,000
1301 S Flagler Drive, West Palm Beach, FL 33401
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1954
- Lot size
- 11,396 sq ft
- HOA fee
- —
- Annual tax
- $36,536
About this property
Prime mixed-use development opportunity in downtown West Palm Beach along prestigious South Flagler Drive. This exceptional waterfront lot measures 70'x160' and features full Riparian Rights. The property includes an existing 100' Private Dock and is believed to be the only private dock south of downtown through the El Cid corridor, offering a rare waterfront advantage. With endless development potential, this property is a unique offering for investors, developers, and end users seeking a premier South Flagler waterfront location.
Property location
Get Directions1301 S Flagler Drive, West Palm Beach, FL 33401
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1954
- Stories
- 1
- Lot size
- 11,396 sq ft
- Roof
- Other
- Construction
- Other
- Exterior features
- None
Parking
- Covered spaces
- 0
HOA, Community & Financials
- Annual tax
- $36,536
- County
- Palm Beach
- Days on market
- 224
- MLS listing ID
- B26001625
- Listing status
- Active
Virtual tour
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Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$14,260
- Cap rate
- 5.1%
- Net yield
- 5.1%
- Cash-on-cash return
- -2.0%
- Gross yield
- 6.6%
- Mortgage payment
- $142,215/mo
- Down payment
- $7,500,000
- Loan amount
- $22,500,000
- Annual NOI
- $1,535,464
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.