$4,500,000
Active
$4,500,000
339 Palmetto
West Palm Beach, FL 33405
4 bd4.5 ba3,872 sqft
Broadmoor Sec 1
$3,800,0007 days on marketActive
515 S Dixie Highway, West Palm Beach, FL 33401
West Palm Beach, FL 33401
0
Sq Ft
1965
Year Built
0.27 acres
Lot Size
Listing Snapshot
| List Price | $3,800,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.27 acres |
| Year Built | 1965 |
| Property Tax | $37,608/yr |
| MLS # | 1170337198 |
| Status | Active |
| Days on Market | 7 |
About This Home
This corporate-backed, absolute NNN lease with Goodyear offers investors true hands-off, bond-style income from a globally recognized, investment-grade tenant. The 15-year lease, commencing in 2022, includes six 5-year renewal options with 10% rent increases every five years, providing predictable growth and long-term security. Located on the high-traffic US-1 corridor in Downtown West Palm Beach, the property benefits from excellent visibility, urban infill, and easy access to Okeechobee Blvd and I-95. With zero landlord responsibility, this 5,500 SF building on an 11,731 SF lot delivers stable cash flow and a 25-year horizon of built-in escalations, making it a rare opportunity for investors seeking reliable, long-term income.
General Features
- Property Type
- CommercialSale
- Sub-type
- Industrial
- Zoning
- QGD-10 (
Interior Features
Exterior Features
Community Features
- MLS Area
- 5420
Map
Virtual Tour
View Virtual TourListed by Miguel Pinto · APEX Capital Realty LLC
MLS# 1170337198 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
MLS# 1170337198 · BEACH
Information deemed reliable but not guaranteed. © 2026 BEACH.
Interested in this home?
Schedule a showing or ask a question — buyer representation is free.
Estimate Your Payment
$
20% down · Loan: $3,040,000
%
Est. Monthly$23,872
Principal & Interest$20,738
Property Tax$3,134
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.
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