235 Sunrise Ave
Palm Beach, FL 33480
Palm Beach Hotel Ball Room · Hospitality Property For Sale · 46,233 SF

Marcus & Millichap, as exclusive advisor, is pleased to present for sale the Palm Beach Hotel Ball Room (the Property ), a 15,695 square foot commercial condominium unit located inside of the iconic Palm Beach Hotel at 235 Sunrise Avenue, Palm Beach, Florida. The Property was developed in 1926 as a premier hotel with 480 feet of street frontage. Previously licensed and utilized as a banquet and special events hall, the Property is ideal for an owner/user in the event and banquet space. In need of complete renovation, the opportunity also represents a significant below replacement cost investment with many unique features and upgraded finishes. Conveniently located just west of the Intracoastal Waterway and east of the Atlantic Ocean, two blocks north of famed Royal Poincianna Way and less than a quarter mile from the Flagler Memorial Bridge accessing the city of West Palm Beach, Palm Beach International Airport and Interstate 95. The Property benefits from high walkability with access to many fine restaurants and boutique shops, and is surrounded by some of the most upscale housing in the country and is only a short distance to one of the nations most prolific retail streets, Worth Avenue.