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For Lease Available Listing #73828

5,000 SF Office/Residential — 500 S Australian Ave, West Palm Beach

500 S Australian Ave · 5th Floor, Ste 500 · West Palm Beach, FL 33401

5,000 SFAvailable space

OfficeProperty type

32Parking spaces

2005Renovated

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Quick Unit Specs

For Lease

$45.00/SF/YR Lease Rate

$18,750/mo Monthly Rate

Negotiable Lease Terms

NNN Lease Type

236 days Avg Days to Lease

The Space

5,000 SF Sq Ft

Office Type

Available Status

For Lease Listing Type

Full Build-Out Condition

— Power

— HVAC

32 spaces Estimated Parking

— Yard

Location Map Click to explore · switch to satellite inside the map

Space Description & Highlights

Offering the 500 Australian move-in ready office space in a highly accessible as a Spec office Space buildout option in West Palm Beach location. This 10-story building combines premier visibility with modern upgrades, featuring both interior and exterior renovations. Tenants benefit from unobstructed water views, manned security, and onsite management.
Convenience is unmatched, with a two-minute drive to I-95 and just seven minutes to Palm Beach International Airport. Local amenities, including restaurants, hotels, apartments, and retail spots, are all within walking distance. The property includes a secured parking garage with visitor spaces, EV charging stations, and building signage opportunities. Executive suites, a Centennial Bank ATM, and other business-forward features enhance daily operations.
500 Australian sits just outside the downtown core, offering access to Brightline, the convention center, and major cultural centers, all without the congestion of the city center. This is an ideal setting for businesses seeking a professional, easily accessible office environment with modern infrastructure and high-quality finishes.

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Floor Plan

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Building Description

Property Overview
500 Clearlake Plaza offers Downtown professional office space without the traffic. Excellent ingress / egress to Australian Ave and I-95 and Okeechobee Blvd. The property offers a variety of amenities that include: on-site property management, concierge, conferencing facilities, EV car charger, Salad vending options and most importantly, stunning views of Clear Lake. Situated on Australian Avenue, Clearlake Plaza is just minutes from Rosemary Square, Palm Beach International airport, and Downtown West Palm Beach arts and entertainment district d. New ownership, management and leasing. Recent improvements include exquisite upgrades to the lobby, common areas and exterior renovations offering a contemporary entrance for visitors and tenants alike to enjoy.
Clearlake Plaza is located directly on S Australian Avenue just north of Okeechobee Boulevard, minutes from Interstate 95.
Contact us today for a tour!
24 Hour Access
Controlled Access
Conferencing Facility
Property Manager on Site
Car Charging Station
Air Conditioning

Building Specifications

CityWest Palm Beach, FL

ZIP Code33401

ZoningDPD

Year Built1985

Gross Leasable Area198,227 SF

Total Building SF198,227 SF

Total Available12,073 SF

Min. Divisible1,466 SF

Land Area59,980 SF

Parking (building)650 Spaces

ConstructionSOLAR GLASS

Floor Area Ratio3.305

Amenities24 Hour Access; Controlled Access; Conferencing Facility; Property Manager on Site; Car Charging Station; Air Conditioning

Walk Score50/100

Renovated2005

Reference Links

TCRE Website

Neighborhood Demographics · Census Tract 002600

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.

2,579

Population

$99,467

Median Household Income

Median Age

1,534

Households

$357,700

Median Home Value

Household Income of 1,534 households

<$50k287 19%

$50–100k493 32%

$100–150k308 20%

$150k+446 29%

Age of 2,579 residents

Under 18128 5%

18–34827 32%

35–54607 24%

55–64427 17%

65+590 23%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).

1 Mile

18,094

population

8,295 households

$110,717 avg income

3 Miles

89,746

population

37,036 households

$114,502 avg income

5 Miles

219,382

population

85,268 households

$95,300 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts S Australian Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.

76,000vehicles / day on S Australian Ave (AADT)

I‑95 (interstate) 255,000

Florida Turnpike 95,000

◆ S Australian Ave 76,000

Okeechobee Blvd 62,000

US‑1 / Federal Hwy 46,000

Military Trail 40,000

This frontage carries about 30% of I‑95's volume — strong major‑arterial exposure. County roads shown are approximate peak AADT.

FDOT count stations on S Australian Ave
76,000 AADT between Bridge No-930183 and SB AUSTRALIAN AVE (2025)
39,500 AADT between RAMP TO WB OCKECHOBE (2025)
34,000 AADT between BELVEDERE RD and RAMP 93280136 (2025)
22,500 AADT between FLAGLER DR and ROSEMARY AVE (2025)

Risk & Incentives

🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Street View Click to load · then drag to look around

Lease Rate

$45.00/SF/YR

Listing Courtesy of TCRE

Constance Thomas

TCRE

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Key highlights

Breathtaking views of West Palm Beach and Clear Lake
Walking distance to Marriott Hotel, restaurants, train station, residential, and pet resort
Secure parking garage for tenants and visitors with EV charging stations available.
Newly renovated interior and exterior delivering a modern, professional environment.
Convenient two-minute drive to I-95 and quick access to Palm Beach International Airport.
Opportunity for prominent building signage and visibility in a business-oriented area.

Extended Unit Specifications

Suite 5th Floor, Ste 500

Available 90 Days

Clear Height —

Drive-In Bays —

Dock-High Bays —

Office SF —

Restrooms —

Parking Ratio 6.37

Op. Expenses —

On the Market

49days on market

Appraiser Data

Parcel Control No.74434321120000010

MunicipalityWest Palm Beach

Assessed Value$25,927,545

Land Value$4,723,425

Improvement Value$21,199,710

Legal Description

CLEARWATER PARK

Sale History

Sale 1$35,875,000 · 12/2022

Source: Palm Beach County Appraiser Records

Proximity

✈ Airports

Palm Beach Intl (PBI) 4.1 mi 9 min drive

Ft. Lauderdale (FLL) 44.2 mi

Miami Intl (MIA) 64.6 mi

⚓ Seaports

Port of Palm Beach 4.3 mi

Port Everglades 42.7 mi

PortMiami 64.7 mi

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