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201 S Narcissus Ave - Esplanade Grande - Commercial Condo Unit

2,540 SF Retail Condo Unit Offered at $2,750,000 in West Palm Beach, FL 33401

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Investment Highlights

Office/ Retail Condo Unit 1

Unique waterfront opportunity in the heart of Downtown West Palm Beach

Executive Summary

Amazing West Palm Beach location!! Rare opportunity to own a ground floor commercial unit in the Esplanade Grande. Completed in 2004, Esplanade Grande features a terrific location close to the hip and trendy Downtown district of Cityplace and Clematis Street in West Palm Beach. This is one of the original luxury hi-rises along West Palm Beach’s Intracoastal Waterway. This prime property overlooks Historic Palm Beach Island, being centrally located between its two main bridges.

Offering Memorandum
Miscellaneous

Property Facts

Price	$2,750,000	Building Class	B
Unit Size	2,540 SF	Floors	15
No. Units	1	Typical Floor Size	21,096 SF
Total Building Size	259,044 SF	Year Built	2004
Property Type	Multifamily (Condo)	Lot Size	0.48 AC
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential	Parking Ratio	0.28/1,000 SF
Sale Type	Investment or Owner User	Sale Conditions	1031 Exchange

Price	$2,750,000
Unit Size	2,540 SF
No. Units	1
Total Building Size	259,044 SF
Property Type	Multifamily (Condo)
Property Subtype	Apartment General Retail Storefront Retail/Residential Office Office Residential
Sale Type	Investment or Owner User
Building Class	B
Floors	15
Typical Floor Size	21,096 SF
Year Built	2004
Lot Size	0.48 AC
Parking Ratio	0.28/1,000 SF
Sale Conditions	1031 Exchange

1 Unit Available

Unit Comm #1

Unit Size	2,540 SF	Sale Type	Investment or Owner User
Price	$2,750,000	No. Parking Spaces	6
Price Per SF	$1,082.68	Sale Conditions	1031 Exchange
Condo Use	Retail	APN/Parcel ID	74-43-43-22-35-001-0010

Unit Size	2,540 SF
Price	$2,750,000
Price Per SF	$1,082.68
Condo Use	Retail
Sale Type	Investment or Owner User
No. Parking Spaces	6
Sale Conditions	1031 Exchange
APN/Parcel ID	74-43-43-22-35-001-0010

Description

Esplanade Grande is an exclusive, waterfront high-rise condominium building in Downtown West Palm Beach, Florida. The property consists of a Retail Condo with 2,540 SF, plus (6) private underground parking spaces, and storage —13’ ceilings—Impact Glass—24hr access to Main lobby, restrooms, concierge, and valet parking. Owner access to 4th Floor Gym & Wellness Center, Hot Tub, Showers and 360-degree Roof Top Garden views with Outdoor Gathering Areas, Swimming Pool and Air-Conditioned Event Lounge.

Sale Notes

Excellent property for an owner/user or as an investment. Prime location in the heart of Downtown West Palm Beach at the Waterfront. Direct water views. Perfect for a family office, corporate office, retail store or service business. 24 hour valet and security.