$15,000,000
401 N Rosemary Avenue
West Palm Beach, FL 33401
Explore the area: West Palm Beach homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $15,000,000
- Price per sq ft
- N/A
- Original price
- $20,000,000
- Days on market
- 342
This commercial property in ZIP 33401 is listed at $15,000,000. The asking price has come down 25% from its original $20,000,000. It has been on the market for 342 days.
Estimated monthly payment
$78,831 /mo
Principal and interest only, based on $3,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $15,000,000
- Days on Site
- 342 Days
- Bedrooms
- 0
- Total Baths
- 5
- Total Sq Ft
- 5,452 sqft
- Lot Size
- 0.21 Acres
- Year Built
- 1925
- Property Type
- Commercial
- MLS #
- R11138384
- Property Tax
- $14,902 (2024)
- County
- Palm Beach
- Status
- Active
About This Property
Exceptional redevelopment Real Estate Portfolio Downtown West Palm Beach, FL consisting of a strategically located real estate at 401, 403, 405, 407, 409, 411, & 413 North Rosemary Avenue, West Palm Beach, FL 33401, inclusive of 5 stories of air rights.This is a rare opportunity to acquire prime property in the dynamic Downtown West Palm Beach corridor—an area experiencing significant growth & redevelopment activity. The portfolio's location, zoning potential, & available air rights create a strong platform for vertical expansion or future mixed-use development.All submissions will be carefully reviewed. The portfolio is being offered as one transaction & will not be subdivided or sold separately.
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1925
- Property Condition
- Resale
- Levels
- One
- Lot Size (Acres)
- 0.21
- Total Sq Ft
- 5,452
- Structure Type
- Office / Retail
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- NWD-5
Interior Features
- Cooling
- Central Air / Electric
- Heating
- Central
- Flooring
- Other
Exterior Features
- Roof
- Other
Community & HOA
- Security
- None
- Financing Terms
- Cash / Other
- MLS Area
- 5420
About the Area
West Palm Beach homes for sale range from $200K downtown condos to $8,000,000 Intracoastal estates, more ground than most buyers expect. Clematis Street condos start in the low $200Ks. Northwood Village bungalows trade in the $400K to $600K range. El Cid and Flamingo Park have 1920s to 1940s Mediterranean Revival homes at $500K to $1,200,000. Newer 3-bedroom homes along Forest Hill and Southern Boulevards stay under $450K. South End waterfront estates run $3,000,000 to $8,000,000. The city covers 55 square miles as Palm Beach County's seat. Palm Beach International Airport is 3 miles out. Fort Lauderdale is under 40 minutes via I-95.
- Homes for Sale
- 1,776
- Under Contract
- 580
- Median List Price
- $320,000
- Median Sale Price (September)
- $385,000
- Median $/Sq Ft
- $248
- Avg Days on Market
- 119
Frequently Asked Questions
- How do I schedule a tour of 401 N Rosemary Avenue, West Palm Beach, FL 33401?
- Use the Tour button on this listing to request a showing of 401 N Rosemary Avenue, West Palm Beach, FL 33401. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 401 N Rosemary Avenue, West Palm Beach, FL 33401 still available?
- 401 N Rosemary Avenue, West Palm Beach, FL 33401 is currently listed as Active, and has been on the market 342 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 401 N Rosemary Avenue, West Palm Beach, FL 33401?
- With 20% down ($3,000,000) on the $15,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 401 N Rosemary Avenue, West Palm Beach, FL 33401 is about $78,831/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 401 N Rosemary Avenue, West Palm Beach, FL 33401?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 401 N Rosemary Avenue, West Palm Beach, FL 33401. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 401 N Rosemary Avenue, West Palm Beach, FL 33401?
- Often, yes. The right offer on 401 N Rosemary Avenue, West Palm Beach, FL 33401 depends on how it's priced against comparable commercial sales in West Palm Beach, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated June 23, 2026.
$15,000,000
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Listed by Carmella Smith, The Keyes Company
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Recent Sales
Recently sold homes in ZIP 33401
These are the last 6 recorded closings in ZIP 33401, with the price each home actually sold for rather than what it was listed at. They closed at a median of $833 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,050,000
Sold · October 15, 2026
515 Ardmore Road
3 bed · 2.5 bath · 1,261 sqft · $833/sqft
$149,000 under the asking price
Sold$635,000
Sold · October 15, 2026
300 S Australian Avenue 907
2 bed · 2 bath · 1,245 sqft · $510/sqft
$40,000 under the asking price
Sold$420,000
Sold · October 14, 2026
610 Clematis Street 812
2 bed · 2 bath · 1,165 sqft · $361/sqft
$10,000 under the asking price
Sold$1,000,000
Sold · October 13, 2026
1007 CHARLES Street
3 bed · 1 bath · 1,090 sqft · $917/sqft
$200,000 under the asking price
Sold$300,000
Sold · October 12, 2026
1551 N Flagler Drive 804
1 bed · 1 bath · 777 sqft · $386/sqft
$55,000 under the asking price
Sold$6,125,000
Sold · October 9, 2026
308 BARCELONA Road
4 bed · 4.5 bath · 3,029 sqft · $2,022/sqft
$326,000 over the asking price
See every recorded sale in ZIP 33401 or find out what your ZIP 33401 home is worth.