west palm beach downtown development opportunity · the property is located in the west palm beach...

colliers.com/southfloridaFOR SALE 506 Datura Street // West Palm Beach // FL VIEW ONLINE

WEST PALM BEACH

Downtown Development

Opportunity This strategically positioned site is

directly across from the Brightline rail station, walking distance to Clematis

Street amenities, the Waterfront and CityPlace. The site is ideal for a

qualified buyer looking to purchase anasset with professional office space and acreted future value, offering a

true long-term development opportunity in a continuously evolving market.

Call for Pricing

Colliers International South Florida, LLC2385 NW Executive Center Drive | Suite 350

Boca Raton, FL 33431P: +1 561 353 3650

Kevin McCarthySenior Director+1 561 951 [email protected]

©2017 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification.

Datura St

Building Address 506 Datura Street, West Palm Beach, FL 33407

Parcel Number 74-43-43-21-01-023-0020

Year Built 2002

Gross Building Area ±3,986 SF

Land Size ±0.3282 AC

Zoning QBD-10 - Quadrille Business

County Palm Beach

PROPERTY SPECIFICATIONS


• Current improvements of ±3,986 SF of Class A Office

• ±0.33-Acre site in the heart of Downtown West Palm Beach

• Strong demographics and growing submarket

• Proximity to retail, restaurants, entertainment and beaches

• Easy access to Interstate 95 and Florida’s Turnpike

• Unique operations zoning based upon location and use requirement, allowing for assemblage development

• Excellent opportunity at a high-visibility location across from the West Palm Beach Brightline station

FEATURES

MAP VIEW

AERIAL VIEW

COLLIERS INTERNATIONAL PAGE 7

The Property is located in the West Palm Beach CBD on Datura Street, just east of N Quadrille Boulevard and north of Okeechobee Bouelvard/Lakeview Avenue. Just steps away from the new Brightline Station, the property is surrounded by a mix of commercial and residential development. The asset offers easy access to surrounding amenities that include area beaches, both fast casual and fine dining and a heavy retail presence at CityPlace and Clematis Street with high-end shopping on Worth Avenue just across the bridge on the island of Palm Beach. The area is served by the Interstate 95 Interchanges on Palm Beach Lakes Boulevard and Okeechobee Boulevard, Amtrak, Tri-Rail and Brightline rail service. The site is accessible to Fort Lauderdale and Miami markets and their corresponding international airports, with Palm Beach International Airport approximately 15 minutes away.

LOCATION OVERVIEW

DISTANCE TO FLORIDA CITIES DISTANCE DRIVING TIME

Fort Lauderdale 45 miles 1 hour

Miami 72 miles 1 hour 15 minutes

Vero Beach 81 miles 1 hour 22 minutes

Orlando 178 miles 2 hours 40 minutes

Orlando

Miami

Ft. Lauderdale

West Palm Beach

Jacksonville

Abacoa Plaza

Datura St

Quadrille Blvd

Quad

rille

Blv

d

Okeechobee Blvd/Lakeview Ave

Datura StSunrise Way

Flagle

r Dr

Tam

arin

d Av

e

Aust

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n Av

e

Clematis St

Banyan Blvd

Evernia St

Fern St

S Sa

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lla A

ve

Dixi

e Hw

y/US

1

S Ol

ive

Ave

WPB City Hall

PB CountyTax Collector

Office of the State Attorney

Fourth DistrictCourt of Appeal

PB County Courthouse

Federal Courthouse

Datura St

Datura S

t

Datura St


CLOCKWISE FROM TOP LEFT: East facing aerial view; South facing aerial of building; Close-up aerial of building; Aerial map; Close-up northeast facing aerial

Datura St

Quadrille Blvd

Clem

atis

St

Fern St


This document has been prepared by Colliers International for advertising and general information only. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, condi-tions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and/or its licensor(s). ©2017. All rights reserved.

Colliers International South Florida, LLC2385 NW Executive Center Drive | Suite 350

Boca Raton, FL 33431P: +1 561 353 3650

Kevin McCarthySenior Director+1 561 951 [email protected]

west palm beach downtown development opportunity · the property is located in the west palm beach...

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