218 Datura St

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218 Datura St

west-palm-beach, FL 33401
Asking Rate
Contact for rate
Asset Type
Office
Class
Class B

What's Special

218 Datura Street is situated in the central business district of West Palm Beach, Florida. The surrounding neighborhood is characterized by a mix of corporate offices, local government buildings, and retail establishments. The property is located two blocks south of Clematis Street, providing immediate access to numerous dining, banking, and shopping amenities. Transportation access is supported by proximity to the Brightline West Palm Beach station and the various trolley routes serving the downtown area. The site is approximately four miles from Palm Beach International Airport and offers direct connectivity to nearby professional hubs. The property is suited for administrative and professional office use cases. The location and building configuration are appropriate for legal practices, financial services firms, and boutique creative agencies requiring proximity to the courthouse and municipal centers. Typical tenants include established professional service providers who prioritize a centralized downtown position with walkable access to suburban transit links and regional amenities. The layout supports both private office suites and collaborative workspaces designed for organizations seeking a functional footprint within the urban core of the city.

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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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