335 N Rosemary Ave

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335 N Rosemary Ave

West Palm Beach, FL 33401
Asking Price
$2.50M
Asset Type
Land
Class
Class B

What's Special

335 N Rosemary Ave is a central land parcel located in the heart of downtown West Palm Beach. The property sits within the city’s urban core, characterized by high-density mixed-use developments and a pedestrian-friendly layout. It is situated steps from the The Square shopping district and is within walking distance of the Clematis Street waterfront area. Transportation access is convenient, with the Brightline West Palm Beach station located less than half a mile away and proximity to major thoroughfares including Okeechobee Boulevard and Interstate 95. This asset is suited for high-density multi-family residential, premium hospitality, or specialized office development. Given the metropolitan zoning and surrounding infrastructure, ideal users include national developers or institutional investors targeting mixed-use projects. The location also supports retail-focused ground floors to serve the local workforce and growing residential population. The site profile aligns with tenants or owners seeking a high-visibility, transit-oriented location within a primary South Florida commercial hub.

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NOI
$80,000
Cap Rate
3.21%
DSCR
0.54
Underwater
Cash-on-Cash
-9.10%
Monthly Payment
$12,343.899
Annual Cash Flow
$-68,126.784

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