5112 Georgia Avenue, West Palm Beach, FL 33405
$7,000,000
Property Type:
Commercial Sale
Square Footage:
31,614
Lot Size (sq. ft.):
54,014
Status:
Closed
Current Price:
$7,000,000
List Date:
9/24/2024
Last Modified:
3/13/2026
Description
This unique opportunity doesn't occur often. Don't miss out on this very rare & important property being offered for sale on the market. Approximately 1.243 Acre, totaling 54,145 sq ft, making it the largest parcel located on the highly sought after Georgia Avenue corridor, within the heartbeat of the local community, attracting designers, contractors, antique shops, restaurants... The main building has over 27,700 sq ft & features a large reception area, conference rm, 9 offices, & warehouse w/4 roll up garage doors plus 1 barn door, and a quonset hut on the south side with over 3,800 sq ft., 1 roll up garage door, w/plenty of parking. Being sold with or without over 2 dozen wood working machines to create high end custom doors, mouldings, cabinets and so much more.
Supplements: Located just minutes from Palm Beach Island, Publix, shopping, dining, I95, and everywhere you want to be.
More Information MLS# R11023503
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: No
Listing Contract Date: 2024-09-23
Status: Closed
Original List Price: 9500000
Sold Price: $7,000,000
Current Price: $7,000,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: West Palm Beach
Postal Code: 33405
Geographic Area: PB20
Property Description: Sale Industrial
Country: United States
Street Number: 5112
Street Name: Georgia
Street Suffix: Avenue
State Or Province: FL
Area: 5430
Parcel Number: 74434404130000230
Zoning: I-Industiral
Directions: Between Nottingham and Bunker on the East side.
General Property Information
Lot Size Area: 54014.4
Stories: 1
Property Sub Type: Industrial
Building Area Main: 31614
Building Area Source: Public Records
Year Built: 1946
Lot Size Acres: 1.24
Currently Not Used
Number Of Units Total: 2
Remarks and Miscellaneous
Public Historical Remarks: Miscellaneous: Y
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Conventional
Major Change Timestamp: 2024-12-24T03:28:38Z
Major Change Type: Status Change
Status Change Date: 2024-12-23
Under Contract Date: 2024-09-23
Close Date: 2024-12-19
Close Price: 7000000
Electric
200+ Amp Service: 1
Three Phase: 1
Flooring
Carpet: 1
Concrete: 1
Wood: 1
Documents Available
Equipment Inventory: 1
Existing Survey: 1
Owner Managed: 1
Structure Type
Industrial: 1
Office: 1
Warehouse: 1
Location of Property
City Location: 1
Possession
Negotiable: 1
Building and Property Details
# Of Offices: 9
# Of Toilets: 4
% Air Conditioned: 20
Maximum Ceiling Height: 20
Building Features
Free Standing: 1
Meeting Room(s): 1
Overhead Door(s): 1
Reception Area: 1
Separate Office Area: 1
Showroom: 1
Business Type
Commercial: 1
Manufacturing: 1
Heating
Other: 1
Sale Includes
Building: 1
Inventory: 1
Land: 1
Machinery: 1
Tools: 1
Listing Terms
Cash: 1
Trade: 1
Roof
Other: 1
Security Features
Fire Sprinkler System: 1
Water Source
Public: 1
Cooling
Central Air: 1
Electric: 1
Zoned: 1
Showing Requirements
Appointment Only: 1
Call Listing Agent: 1
Listing Agent Must Accompany: 1
Contingencies
None: 1
Contributions
Buyer Contributions: No
Price Calculations
Current Price To SqFt: 221.42
Original List Price To Close Price: 1.35
Financial Information
Tax Annual Amount: 49450
Tax Year: 2023
Tax Legal Description: SOUTHBORO PARK LTS 23 THRU 30, LT 30A, LTS 31 THRU 38, LT 38A & LTS 39 & 40
Originating Details
Originating System Key: 20240924161524004325000000
Originating System ID: M00000170
Property Features
Building Features: Free Standing; Meeting Room(s); Overhead Door(s); Reception Area; Separate Office Area; Showroom
Business Type: Commercial; Manufacturing
Documents Available: Equipment Inventory; Existing Survey; Owner Managed
Electric: 200+ Amp Service; Three Phase
Flooring: Carpet; Concrete; Wood
Heating: Other
Location of Property: City Location
Possession: Negotiable
Sale Includes: Building; Inventory; Land; Machinery; Tools
Cooling: Central Air; Zoned
Listing Terms: Cash; Trade
Roof: Other
Security Features: Fire Sprinkler System
Structure Type: Industrial; Office; Warehouse
Water Source: Public
Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany
Contingencies: None
Listing Office:
Local Palm Beach Realty Inc.
Last Updated: March - 13 - 2026
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