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$1,378,000

  • Sold
  • Closed
  • Office
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Great opportunity on this one-story office with established cash flow with a lease in place and a good cap rate with more upside in renting additional vacant office space for either a longer-term investment or a possibly redevelopment play ahead of the trend in south section of West Palm Beach. Medical office zoning in place along with four stories and possibly more height and density with the right mixed-use plan. 13 parking spaces. Additional public street parking along the back street on Brevard Avenue. Recent renovations in 2020 flooring, some impact windows, ceiling and security system. Two office units - a 3177 square foot office currently leased at $35.49 per square foot (gross lease) and a second unit at 880 square feet which was a former dental office and is vacant for additional rental income. Assuming the second office space is leased based on the same amount as the occupied office, the projected cap rate is in the 7% range.

Full Property Details for 7500 S Dixie Hwy

General

  • Sold For: $1,378,000
  • Taxes: $19,516 (2025)
  • Status: Closed
  • Type: Office
  • Source: Greater_Miami
  • MLS ID: A11972183
  • Added to Site: 138 day(s) ago

Business

  • Business Type: Medical Office

Rental Information

  • Lease/Rent Term: 1 To 3 Year Lease
  • Lease Info: Gross

Additional Information

  • Security/Safety: Smoke Detector(s), Security System

Parking

  • Total Spaces: 13

Location

  • County: Palm Beach County
  • Driving Directions: Inter State 95. Exit EAST on FOREST HILLS BLVD. Turn RIGHT onto S. DIXIE HWY (US1). Property will be on the left side.
  • Dist. to Freeway: 2

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Central Building A/C
  • Heating Type: Central Electric

Utilities

  • Sewer: Public Sanitation
  • Water: Public

Structural Information

  • # Buildings: 1
  • Detached/Attached: Detached
  • Construction: CBS Construction
  • Roof: Built-Up
  • Windows: Partial Impact Glass
  • Stories/Levels: 1
  • Building Size: 4057
  • Current Bldg. Use: Commercial Lease
  • Year Built: 1958

Lot Features

  • Lot Size (Acres): 0.28
  • Lot Size (Sq. Ft.): 12,014
  • Lot Features: City Location
  • Potential Use: Investment
  • Zoning: NC (city

Financial Considerations

  • Operating Expenses: $32,184
  • Tax Amount: $19,516
  • Tax Year: 2025
  • Terms: All Cash, Conventional/Refinance
  • Tenant Pays: Exterior Electric, Electricity, Janitorial Service, Telephone, Sewer, Water

Disclosures and Reports

  • Special Conditions: Sale
  • Legal Description: HOMEWOOD FIRST ADD LT 5 & N 10 FT OF LT 6 BLK 6
  • Inclusions: Building & Land
  • Property ID: 74434410070060050

Listed and Sold by Coastal Properties

Listing agent

— 7500 S Dixie Hwy —

  • Coastal Properties

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 7500 S Dixie Hwy

School District:Palm Beach County School District
NameGradesDistance
South Olive Elementary School
7101 South Olive Avenue, West Palm Beach, FL 33405
PK-50.3 mi
Conniston Middle School
3630 Parker Avenue, West Palm Beach, FL 33405
6-81.9 mi
Forest Hill Community High School
6901 Parker Avenue, West Palm Beach, FL 33405
9-120.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7500 S Dixie Hwy

Date
Details
Price
Change
Source
6/10/2026
Sold
$1,378,000
-37.36%
MLS
2/17/2026
Listed
$2,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed and Sold by Coastal Properties

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7500 S Dixie Hwy, West Palm Beach, FL 33405 (MLS# A11972183) is a Office property that was sold at $1,378,000 on June 10, 2026. Want to learn more about 7500 S Dixie Hwy? Do you have questions about finding other Office real estate for sale in West Palm Beach? You can browse all West Palm Beach real estate or contact a Coldwell Banker agent to request more information.