1818 S Australian Ave

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1818 S Australian Ave

west-palm-beach, FL 33409
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

1818 South Australian Avenue is situated in the West Palm Beach office submarket, positioned just west of the downtown core. The neighborhood features a mix of professional services and suburban residential developments, bordered by the Clear Lake area. The property offers direct access to Interstate 95 and Okeechobee Boulevard, facilitating regional transit throughout Palm Beach County. Nearby amenities include the Palm Beach County Convention Center, the shops and restaurants at The Square, and the Brightline West Palm Beach station located within a two-mile radius. The asset is suitable for professional office use, including legal practices, financial services, and administrative headquarters. Given its proximity to the Palm Beach County Courthouse and governmental hubs, the location typically attracts firms requiring convenient access to the central business district without the density of a high-rise environment. The floor plans are adaptable for medical administrative functions or private consultancy firms seeking a central location with high visibility and established surface parking.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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