1101 54th Street, West Palm Beach, FL 33407
$8,750,000
Property Type:
Commercial Sale
Square Footage:
17,747
Lot Size (sq. ft.):
213,008
Status:
Closed
Current Price:
$8,750,000
List Date:
10/03/2019
Last Modified:
1/13/2026
Description
Rare opportunity to own a new state of the art, Turnkey fully furnished and approved multi-use rehabilitation treatment healthcare campus. Contact us for walk-through HD video. The property was completed in 2018 and is located along the northern side of St Mary's Medical Center in West Palm Beach. This space is a single-story layout currently approved for 41 detox residential and / or rehabilitation beds. The property consists of 21 bedrooms, 16 private offices, 6 station call center, large entertainment areas, courtyard, commercial kitchen, a spa-like environment with ample natural light, vaulted ceilings and tons of onsite parking. Additionally, there is approximately 2 acres of vacant land with approvals in place for a 15,000 square foot addition of a new building.
Supplements: Providing the opportunity for your business to expand. Property includes 2 workout centers, intake rooms, multiple waiting rooms, 5 common areas bathrooms, 3 utility rooms, laundry room, network room, lot's of storage and exam rooms. The surrounding areas are medical offices, specialty medical buildings and hospitals. The property is located near both West Palm Beach Commuter Rail and Mangonia Park Commuter Rail. Easy access to West Palm Beach's international airport and all major highways. Do not miss out on this unique opportunity.
More Information MLS# R10566576
Contract Information
Comp Sale YN: No
Listing Contract Date: 2019-10-03
Status: Closed
Original List Price: 10000000
Sold Price: $8,750,000
Current Price: $8,750,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33407
Geographic Area: PB20
Multiple Offers Accepted: No
Property Description: Medical Rehab Campus
Street Number: 1101
Street Name: 54th
Street Suffix: Street
State Or Province: FL
Area: 5420
Parcel Number: 74434304340010000
Zoning: CSPD
Directions: 45th street east to Greenwood Ave..north to 54th st.,then west.
General Property Information
Lot Size Area: 213008.4
Stories: 1
Property Sub Type: Business
Building Area Main: 17747
Building Area Source: Appraiser
Year Built: 2018
Lot Size Acres: 4.89
Currently Not Used
Number Of Units Total: 1
Remarks and Miscellaneous
Public Historical Remarks: Building Type: Y, Miscellaneous: Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2021-03-19T03:54:43Z
Major Change Type: Status Change
Status Change Date: 2021-03-18
Under Contract Date: 2019-12-05
Close Date: 2020-10-27
Close Price: 8750000
Electric
220 Volts: 1
440 Volts: 1
Generator: 1
Three Phase: 1
Flooring
Carpet: 1
Ceramic Tile: 1
Property Condition
New Construction: 1
Documents Available
Existing Survey: 1
Photos: 1
Structure Type
Office: 1
Tenant Pays
Common Area Maintenance: 1
Electricity: 1
Insurance: 1
Maintenance: 1
Taxes: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Zoning Information
Use Conforms To Zoning: 1
Building and Property Details
# Of Offices: 16
# Of Toilets: 26
% Air Conditioned: 100
Maximum Ceiling Height: 25
Building Features
Free Standing: 1
Lobby: 1
Meeting Room(s): 1
Plumbed For Medical: 1
Private Restroom(s): 1
Public Restroom(s): 1
Reception Area: 1
Business Type
Commercial: 1
Medical: 1
Special Purpose: 1
Other: 1
Heating
Central: 1
Sale Includes
Building: 1
Fixtures: 1
Furniture: 1
Inventory: 1
Land: 1
License: 1
Machinery: 1
Special Licenses
Occupational: 1
Construction Materials
CBS: 1
Concrete: 1
Listing Terms
Cash: 1
Conventional: 1
Lease Option: 1
Other: 1
Roof
Concrete: 1
Security Features
Closed Circuit Camera(s): 1
Fire Alarm: 1
Fire Sprinkler System: 1
Security System Leased: 1
Smoke Detector(s): 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Gas: 1
Showing Requirements
24 Hour Notice: 1
Alarm System: 1
Appointment Only: 1
Call Listing Agent: 1
Vacant: 1
Contingencies
Financing: 1
Inspection: 1
Buyer Details
Country of Origin: United States
Price Calculations
Current Price To SqFt: 493.04
Original List Price To Close Price: 1.14
Financial Information
Tax Annual Amount: 43000
Tax Year: 2018
Tax Legal Description: NOVUS MEDICAL PAR A K/A ALL OF PLAT
Originating Details
Originating System Key: 20191003201445314021000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing; Lobby; Meeting Room(s); Plumbed For Medical; Private Restroom(s); Public Restroom(s); Reception Area
Business Type: Commercial; Medical; Special Purpose; Other
Documents Available: Existing Survey
Electric: 220 Volts; 440 Volts; Generator; Three Phase
Flooring: Carpet; Ceramic Tile
Heating: Central
Possession: Subject To Tenant Rights
Property Condition: New Construction
Sale Includes: Building; Fixtures; Furniture; Inventory; Land; License; Machinery
Special Licenses: Occupational
Zoning Information: Use Conforms To Zoning
Tenant Pays: Common Area Maintenance; Electricity; Insurance; Maintenance; Taxes
Construction Materials: CBS; Concrete
Cooling: Central Air; Gas
Listing Terms: Cash; Conventional; Lease Option; Other
Roof: Concrete
Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Security System Leased; Smoke Detector(s)
Sewer: Public Sewer
Structure Type: Office
Water Source: Public
Showing Requirements: 24 Hour Notice; Alarm System; Appointment Only; Call Listing Agent; Vacant
Contingencies: Financing; Inspection
Listing Office:
Blue Water Real Estate Group
Last Updated: January - 13 - 2026
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