120 S Olive Ave - Historic Office Condo - 120 S Olive
1,877 SF Office Condo Unit Offered at $799,000 in West Palm Beach, FL 33401
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INVESTMENT HIGHLIGHTS
- Historic Excellence: Listed on the U.S. National Register of Historic Places; built in 1925 and fully renovated in 1998/99
- Prime Location: Situated in the heart of Downtown West Palm Beach, steps from Clematis Street, Flagler Drive, and the waterfront
- Unmatched Access: Entrances on both Datura Street and South Olive Avenue, minutes from I-95 with east access to main roads
- Modern Amenities: Beautiful marble entrance, tiled halls, 24-hour access, after-hours keypad entry, and tenant-controlled HVAC
- Near Everything: Minutes from the Palm Beach County Courthouse, Island of Palm Beach, Palm Beach International Airport, and more
- Wall Street South: Leading neighborhood for finance, innovation and growth with NYU Health & Cleveland Clinic coming soon
EXECUTIVE SUMMARY
Step into history while embracing modern business excellence at the landmark Guaranty Building, located in the heart of Downtown West Palm Beach’s vibrant Flagler Financial District. Originally constructed in 1925 and listed on the U.S. National Register of Historic Places in 1998, this meticulously maintained 8-story office and retail building underwent a total renovation in 1998/99 and further updates to its common areas in 2006. Boasting a grand marble entry, tiled halls, and modern amenities, the property seamlessly combines timeless elegance with functional design. Enjoy unmatched convenience with entrances on both Datura Street and South Olive Avenue, a tenant-controlled HVAC system, 24-hour access, and proximity to premier dining, shopping, and professional services. This property offers a combination of historical charm, functional space, and unbeatable downtown location, making it a valuable investment for business owners. Enjoy unparalleled convenience with nearby amenities just steps away, including Starbucks, Rocco's Tacos, E.R. Bradley's, West Palm Beach's city and governmental offices, fitness studios, and more. Ownership Opportunity: Rare chance to own a boutique office condo in the historic Guaranty Building, a centerpiece of Downtown West Palm Beach's Flagler Financial District/Wall Street South. Versatile Layout: ±1,877 SF configured with 7 private offices, a kitchen/conference room, and ample space for collaborative or individual work environments, ideal for financial services, law firms, creative agencies, or consulting businesses. Historic Value Meets Modern Updates: Originally built in 1925 and listed on the U.S. National Register of Historic Places, the building underwent a full renovation in 1998/99, with additional common area updates in 2006, including the grand marble lobby and tiled halls. Prime Location: Steps from Clematis Street, CityPlace, and Flagler Drive, surrounded by top-tier dining, shopping, and professional services. Minutes to I-95 and other major transportation routes, offering unparalleled convenience for clients and employees. Wall Street South: With the new nickname of 'Wall Street South,' West Palm Beach has gained recognition as a leading center for finance, innovation, and economic growth. The city blends opportunity with charm, offering a mix of bustling downtown streets, serene green spaces, and a lively arts and entertainment scene that caters to a diverse and growing community. Just steps away, the NYU Langone Health Tower is set to open soon, while the Cleveland Clinic will bring world-class healthcare innovation to the area, further enhancing the city’s reputation as a hub for world-class healthcare and innovation. Move-In Ready: This modern office condo is ready for immediate occupancy, saving time and costs on buildouts or renovations.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
Price | $799,000 |
Unit Size | 1,877 SF |
No. Units | 1 |
Total Building Size | 45,288 SF |
Property Type | Office (Condo) |
Sale Type | Owner User |
Building Class | B |
Floors | 8 |
Typical Floor Size | 7,000 SF |
Year Built | 1925 |
Lot Size | 1.00 AC |
1 UNIT AVAILABLE
Unit 701/702
Unit Size | 1,877 SF |
Price | $799,000 |
Price Per SF | $425.68 |
Condo Use | Office |
Sale Type | Owner User |
APN/Parcel ID | 74-43-43-22-40-000-7010, 74-43-43-22-40-000-7020 |
DESCRIPTION
Boutique Office Condo in a Historic Downtown Landmark
This ±1,877 SF office condo offers a bright, functional and flexible layout in the iconic Guaranty Building. Designed with productivity and collaboration in mind, the suite features seven private offices, including a large executive corner office/conference room, multiple standard offices, and a kitchen/conference room for meetings or breaks. Enjoy city views and abundant natural light with bright windows. With tenant-controlled HVAC, and 24-hour access, this office condo combines historical charm with modern convenience.
The suite’s prime location in Downtown West Palm Beach’s Flagler Financial District/Wall Street South places your business at the epicenter of commerce and culture, with Clematis Street, CityPlace, and the Intracoastal just steps away. Just steps away, the NYU Langone Health Tower is set to open soon, while the Cleveland Clinic will bring world-class healthcare innovation to the area, further enhancing the city’s reputation as a hub for world-class healthcare and innovation.
SALE NOTES
This competitively priced property offers a combination of historical charm, functional space, and unbeatable downtown location, making it a valuable investment for business owners.
Ownership Opportunity: Rare chance to own a boutique office condo in the historic Guaranty Building, a centerpiece of Downtown West Palm Beach's Flagler Financial District/Wall Street South.
Versatile Layout: ±1,877 SF configured with 7 private offices, a kitchen/conference room, and ample space for collaborative or individual work environments, ideal for financial services, law firms, creative agencies, or consulting businesses.
Historic Value Meets Modern Updates: Originally built in 1925 and listed on the U.S. National Register of Historic Places, the building underwent a full renovation in 1998/99, with additional common area updates in 2006, including the grand marble lobby and tiled halls.
Prime Location: Steps from Clematis Street, CityPlace, and Flagler Drive, surrounded by top-tier dining, shopping, and professional services. Minutes to I-95 and other major transportation routes, offering unparalleled convenience for clients and employees.
Wall Street South: With the new nickname of 'Wall Street South,' West Palm Beach has gained recognition as a leading center for finance, innovation, and economic growth. The city blends opportunity with charm, offering a mix of bustling downtown streets, serene green spaces, and a lively arts and entertainment scene that caters to a diverse and growing community. Just steps away, the NYU Langone Health Tower is set to open soon, while the Cleveland Clinic will bring world-class healthcare innovation to the area, further enhancing the city’s reputation as a hub for world-class healthcare and innovation.
Move-In Ready: This modern office condo is ready for immediate occupancy, saving time and costs on buildouts or renovations.
MAJOR TENANT INFORMATION Click Here to Access
TENANT | SF OCCUPIED | LEASE END DATE |
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Kenny Leigh P.A. & Associates |
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Jan 0000
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Muscle Maker Grill |
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Jan 0000
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Greywood Consulting Corp. |
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Jan 0000
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AMENITIES
- 24 Hour Access
- Bus Line
- Controlled Access
- Restaurant
- Security System
- Direct Elevator Exposure
- Natural Light
- Wi-Fi
- Hardwood Floors
- Air Conditioning
ZONING
Zoning Code | CWD-CD (Clematis Waterfront District - Conservation District, City of West Palm Beach) |