223 Sunset Ave — Sale in Palm Beach, FL

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Office
  • Location: Palm Beach, FL 33480

Description

Located in the Heart of Palm Beach Island 223 Sunset Avenue in Palm Beach is ideally situated in the heart of Palm Beach, just one block north of Royal Poinciana Way and the Flagler Memorial Bridge. The recent redevelopment of this 21,607 RSF building features two floors of Class A office space, a destination restaurant, and covered parking. In winter 2019/2020, the property was expanded to offer more ground level office space. In addition, aesthetic upgrades, significant lobby and common area improvements, and substantial landscape enhancements were completed. Particularly noteworthy is the opening of long-time favorite Palm Beach restaurant Trevini on the first floor, which features an outdoor, covered dining area. Significant revitalization of the immediate area is further enhancing the desirability of this location. 223 Sunset Avenue is located directly across the street from Via Flagler at the Breakers, a new mixed-use development including private residences and destination shopping. The new luxury boutique hotel, White Elephant Palm Beach, is just steps away.

Market Context

This office in Palm Beach, FL is listed for sale. It has been on the market for 197 days. Compare it against other office listings for sale in Palm Beach, FL — view the full market.

Estimated Market Rate

$496.57/SF – $671.83/SF

Mid: $584.20/SF

Rate estimator only; cost-of-business estimate unavailable.

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