Listing Summary
ONE Sotheby’s International Realty is pleased to present a premier land leasing opportunity at a strategic location on North Rosemary Avenue.
Full Description
Prime Infill Development Opportunity | North Rosemary Avenue
ONE Sotheby’s International Realty is pleased to present a premier land leasing opportunity at a strategic location on North Rosemary Avenue. This expansive site offers approximately 51,891 square feet (1.19 acres) of prime real estate, positioned within one of West Palm Beach’s most rapidly transforming urban corridors. This offering represents a rare chance for a single-tenant user or developer to secure a significant footprint in a high-demand submarket characterized by explosive growth and sophisticated urban renewal.
Comprehensive Site Specifications & Ground Lease Details
The property consists of a clean, expansive lot ready for activation. As a single-tenant opportunity, the site provides a blank canvas for a variety of residential or mixed-use applications permitted under its current zoning.
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Total Land Area: A generous 51,891 square feet, equivalent to approximately 1.19 acres of contiguous land.
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Leasing Structure: This is a Ground Lease opportunity, offering a long-term interest in the land. The pricing is set at an accessible $0.39 per square foot per month.
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Flexible Terms: Ownership is seeking a quality tenant and is offering negotiable lease terms to accommodate specific development timelines or operational requirements.
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Availability: With 51,891 square feet of vacant space, the site is ready for immediate planning and site preparation.
Unrivaled Connectivity & Urban Synergy
The true value of this North Rosemary Avenue site lies in its exceptional proximity to the primary drivers of the West Palm Beach economy. The location functions as a bridge between established residential neighborhoods and the city’s most vibrant commercial centers.
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Proximate to Transit & Innovation: The property is located just minutes from the Brightline West Palm Beach Station, providing seamless high-speed rail connectivity to Fort Lauderdale, Miami, and Orlando.
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Downtown & CityPlace Access: Tenants will benefit from being within the immediate orbit of CityPlace (The Square) and the Downtown West Palm Beach core, placing premier shopping, world-class dining, and cultural institutions like the Kravis Center within easy reach.
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Regional Logistics: The site offers superior access to Florida’s primary transit veins, including I-95, ensuring efficient commutes for residents and effortless logistics for service providers.
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Strong Demographic Profile: The surrounding area boasts a dense and growing daytime population combined with affluent residential demographics, ensuring sustained demand for any concept established on the site.
Strategic Highlight Summary
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High-Visibility Frontage: Significant exposure along North Rosemary Avenue, a key north-south artery.
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Scale and Scope: At over an acre, this is one of the few remaining large-scale infill parcels in the immediate vicinity of the downtown core.
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Residential Synergy: Ideally suited for residential-supportive uses or a unique single-tenant flagship concept that requires both land area and urban proximity.
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Development Potential: The ground lease model allows a tenant to preserve capital while developing a custom-built facility tailored to their exact operational needs.
This North Rosemary Avenue parcel is perfectly positioned for a visionary tenant looking to capitalize on the ongoing "Manhattanization" of West Palm Beach.
Quick Glance
- Listing ID:
CL-Florida-27525
- Status:
Active
- Year Build:
N/A
- Building Size:
51,891 SqFt
- Lot Size:
N/A