Listed By Douglas Elliman
The Commercial Property for Sale located at 255 Royal Poinciana Way, Palm Beach, Florida 33480 is currently for sale. 255 Royal Poinciana Way, Palm Beach, Florida 33480 is listed for $11,800,000. This property has 4 bathrooms.
$11,800,000 USD
Commercial for Sale, 255 Royal Poinciana Way, Palm Beach, Florida 33480
- MLS#RX-11141760
- Total rooms4
- Minimum sellable space
391 m² (4,213 ft²)
Property features
Property
- Property size:
391 m² (4,213 ft²)
Lot/Land
- Land/Lot size:
243 m² (0.06 ac)
Construction
- Year built: 1925
- Construction: Cbs Construction
Bathrooms
- Total bathrooms: 4
Interior Features
- Floors: WoodMarble
Security
- Features: Fire/Smoke
Heating and Cooling
- Heating system: Central
- Cooling system: Central
Utilities
- Other utilities: City Water
Description
255 Royal Poinciana Way is beautifully situated in the civic heart of Palm Beach, offering a rare combination of commercial and residential use in today's market. The 1st floor (2,000+ SF) is currently leased as a retail store, and the 2nd floor (2,000+ SF) is a newly and fully renovated, spectacular 4 BR / 4.1 BA residence, nicely perched overlooking Royal Poinciana Way to the south and The Breakers Hotel to the east. Both spaces are fully leased at top rental rates. With the growing demand for flexible spaces, this offering of commercial and private residential use makes the property more appealing than ever, with its high visibility, strong customer traffic, and proximity to The Royal, The Breakers Hotel, and The White Elephant Hotel.
Location
255 Royal Poinciana Way, Palm Beach, Florida 33480