Other Sold

1850 Forest Hill Boulevard, West Palm Beach, FL 33406

$6,500,000
Property Description

VALUE-ADD OFFICE COMPLEX. First time on market. Prime corner location on Forest Hill Blvd. 4 parcels totaling 4.21 acres with 3 buildings and 52,463 rentable SF. Significant upside potential through professional management. Increase NOI immediately by leasing 76,227+ SF of available space and enforcing CAM recovery clauses. Major long-term growth opportunity by marking significant below-market rents to current rates as leases roll over. Recent major capital improvements de-risk the investment. Ideal for a 1031 exchange or long-term investor seeking substantial equity creation.

Basic Details
Listing Type : Sold
Price : $6,500,000
Property Sub Type : Other
Features
: Electric, Central Air
Public Sewer,Septic Tank
Central, Electric
Other
Fire Sprinkler System,Smoke Detector(s)
Composition
Location
US
FL
Palm Beach
West Palm Beach
33406
Corner of Forest HIll Blvd. and Florida Mango
5470
1850 Forest Hill Boulevard, West Palm Beach, Florida 33406
Extended Details
Virtual Tour URL
FLA-MANGO GROVELETS
10.01.2025
Block
Cash, Conventional
Cable Available,Electricity Available,Sewer Available,Water Available
10.01.2025
6650000
LC(cit
2024
Closing & Funding,Close Of Escrow
$0
EXP Realty LLC
Klaus Sinn
Separate Meters
Two
Closed
2025-06-23
2025-10-02T00:00:00Z
2
209638.0
https://www.propertypanorama.com/1850-Forest-Hill-Boulevard-West-Palm-Beach-FL-33406/unbranded
Public
FTL
Property TypeOther
StatusClosed
Listing IDR11101773
Year Built1981
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-660-1948 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated 561-472-1236 .

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