1101 54th Street, West Palm Beach, FL 33407 (MLS# R10566576)

1101 54th Street, West Palm Beach, FL 33407

$8,750,000

Virtual Tour

https://www.propertypanorama.com/instaview/rapb_gflr/RX-10566576

Property Type: Commercial Sale Square Footage: 17,747 Status: Closed

Current Price: $8,750,000 List Date: 10/03/2019 Last Modified: 1/13/2026

Overview

Description

Rare opportunity to own a new state of the art, Turnkey fully furnished and approved multi-use rehabilitation treatment healthcare campus. Contact us for walk-through HD video. The property was completed in 2018 and is located along the northern side of St Mary's Medical Center in West Palm Beach. This space is a single-story layout currently approved for 41 detox residential and / or rehabilitation beds. The property consists of 21 bedrooms, 16 private offices, 6 station call center, large entertainment areas, courtyard, commercial kitchen, a spa-like environment with ample natural light, vaulted ceilings and tons of onsite parking. Additionally, there is approximately 2 acres of vacant land with approvals in place for a 15,000 square foot addition of a new building.

Supplements: Providing the opportunity for your business to expand. Property includes 2 workout centers, intake rooms, multiple waiting rooms, 5 common areas bathrooms, 3 utility rooms, laundry room, network room, lot's of storage and exam rooms. The surrounding areas are medical offices, specialty medical buildings and hospitals. The property is located near b ... (Read more)

Listing Details MLS# R10566576

General Property Information

Property Sub Type: Business
Number Of Units Total: Yes
Building Area Main: 17747
Building Area Source: Appraiser
Year Built: 2018
Lot Size Area: 213008.4
Lot Size Acres: 4.89
Stories: Yes

Property Features

Building Features: Free Standing; Lobby; Meeting Room(s); Plumbed For Medical; Private Restroom(s); Public Restroom(s); Reception Area Business Type: Commercial; Medical; Special Purpose; Other Documents Available: Existing Survey Electric: 220 Volts; 440 Volts; Generator; Three Phase Flooring: Carpet; Ceramic Tile Heating: Central Possession: Subject To Tenant Rights Property Condition: New Construction Sale Includes: Building; Fixtures; Furniture; Inventory; Land; License; Machinery Special Licenses: Occupational Zoning Information: Use Conforms To Zoning Tenant Pays: Common Area Maintenance; Electricity; Insurance; Maintenance; Taxes Construction Materials: CBS; Concrete Cooling: Central Air; Gas Listing Terms: Cash; Conventional; Lease Option; Other Roof: Concrete Security Features: Closed Circuit Camera(s); Fire Alarm; Fire Sprinkler System; Security System Leased; Smoke Detector(s) Sewer: Public Sewer Structure Type: Office Water Source: Public Showing Requirements: 24 Hour Notice; Alarm System; Appointment Only; Call Listing Agent Contingencies: Financing; Inspection

Contract Information

Comp Sale YN: No
Original List Price: 10000000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1101
Street Name: 54th
Street Suffix: Street
City Name: West Palm Beach
State Or Province: FL
Postal Code: 33407
Area: 5420
Geographic Area: PB20
Parcel Number: 74434304340010000
Multiple Offers Accepted: No
Zoning: CSPD
Directions: 45th street east to Greenwood Ave..north to 54th st.,then west.
Property Description: Medical Rehab Campus

Financial Information

Tax Annual Amount: 43000
Tax Year: 2018
Tax Legal Description: NOVUS MEDICAL PAR A K/A ALL OF PLAT

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y, Miscellaneous: Y

More Information

Status Change Information

Major Change Timestamp: 2021-03-19T03:54:43Z
Major Change Type: Status Change
Status Change Date: 2021-03-18
Under Contract Date: 2019-12-05
Close Date: 2020-10-27
Close Price: 8750000
Buyer Financing: Conventional

Building and Property Details

# Of Offices: 16
# Of Toilets: 26
% Air Conditioned: 100
Maximum Ceiling Height: 25

Price Calculations

Current Price To SqFt: 493.04
Original List Price To Close Price: 1.14

Originating Details

Originating System Key: 20191003201445314021000000
Originating System ID: M00000170

Listing Office: Blue Water Real Estate Group

Last Updated: January - 13 - 2026

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