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For Sale Available Listing #83028

2,264 SF Apartment For Sale — $1,650,000 — 255 Evernia St, West Palm Beach – #83028

255 Evernia St · Unit MU-7 · West Palm Beach, FL 33401
2,264 SFAvailable space
ApartmentProperty type
2Parking spaces
2002Year built
Quick Unit Specs
For Sale
$1,650,000 Asking Price
$728.80 Price / SF
— Cap Rate
— NOI
161 / 278 days Days on market / avg to sell
The Space
2,264 SF Sq Ft
Apartment Type
Unit MU-7 Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
— Office SF
— Restrooms
— Power
— HVAC
2 spaces Estimated Parking
0.88 Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Space Description & Highlights
Ground floor 2nd generation restaurant 2,264sf retail unit in the heart of downtown West Palm Beach, located at the base of the luxurious Strand building. Full kitchen build out.
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
This 2,264 SF ground-floor restaurant space, located at the base of The Strand, offers full kitchen infrastructure and contemporary dining layout. Situated in the heart of Downtown West Palm Beach, the property is steps from Clematis Street, The Square, and the Brightline Station.
Approved Uses by Zoning — Flagler Waterfront District - 5 (FWD-5)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Multiple family dwelling (P), Ground floor residential (P1: permitted except on streets designated as avenues; if provided, raised at least 18 in above sidewalk, Sec. 94-123(e)(1)), Live/work (P), Ground floor retail (P), Office (P), Hotel (P), Restaurant (P), Other commercial (P), Structured parking as primary use (P13: must comply with subdistrict building requirements), Parks, recreation areas and urban open spaces (permitted in all DMP districts, Sec. 94-105(b)), Aboveground and buried local distribution utility lines (electric, telephone, cable TV) and accessory apparatus such as poles, guy wires, transformers, switching boxes, Public and private streets and roads; railroad rights-of-way; water and sanitary sewer lines; gas and liquid fuel distribution lines; public water canals, Community centers (permitted by right in all non-R subdistricts, Sec. 94-106(a)(2)), Schools and places of worship (permitted by right in all non-R subdistricts, Sec. 94-106(a)(12)a), Day care facilities for children as a primary use (non-R subdistricts; must meet Sec. 94-273(a) and (d)(18), Sec. 94-106(a)(4)a), Brewpub / microbrewery / micro-distillery / micro-winery (by right; max 6,000 sf new or 6,300 sf existing building; must include restaurant, bar or tasting room; no outdoor storage, Sec. 94-106(a)(1.a)), Firearms sales (retail dedicated to firearms) in urban core and special district planning areas (Sec. 94-106(a)(6)), Motor vehicle sales and rental offices (no service) and passenger transportation operations offices; surface lots for vehicle storage prohibited (Sec. 94-106(a)(10)), Veterinary clinics, pet grooming, animal daycare and boarding without livestock/equines (enclosed building, waste removal, attendant, noise and fire-detection standards, Sec. 94-106(a)(13)), Hospital (urban core and special districts; at least 500 ft from R subdistricts, site 2+ acres with direct street frontage, Sec. 94-106(a)(14)), Community residences with special requirements of Sec. 94-273 (Sec. 94-106(a)(7)); skilled nursing/rehabilitation facilities in urban core and special districts (Sec. 94-106(a)(7)d), Micro-units (permitted in all districts, with car-share, bicycle and trolley-fee conditions, Sec. 94-106(a)(8.a))
With special approval
Cultural uses - permitted in the urban core and special districts planning areas only with special review approval by the DAC (Sec. 94-106(a)(3)a), Adult day care facilities for three or more clients - Class B special use permit plus Sec. 94-273(a) and (d)(15) requirements; overnight lodging prohibited (Sec. 94-106(a)(5)a), Pet sales (commercial sale of live animals) - Class B special use permit in the special district planning area except CWD-CD (Sec. 94-106(a)(11))
Read the full FWD-5 zoning guide ›

Frontage Traffic vs. Nearby & Palm Beach County's Busiest Roads

FDOT publishes no traffic count for Evernia St.
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
Banyan Blvd / 1st St0.2 mi 16,000
Flagler Dr500 ft 11,200
N Olive Ave190 ft 3,800
N Dixie Hwy0.1 mi 3,100
Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone

Neighborhood Demographics · Census Tract 002701

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.
1,470
Population
74
Median Age
904
Households
$1,003,100
Median Home Value
Household Income of 904 households
<$50k470 52%
$50–100k73 8%
$100–150k185 20%
$150k+176 19%
Age of 1,470 residents
Under 180 0%
18–34261 18%
35–5484 6%
55–64180 12%
65+945 64%

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
13,706
population
6,970 households
$176,424 avg income
3 Miles
72,000
population
30,451 households
$125,534 avg income
5 Miles
178,470
population
72,239 households
$98,626 avg income
Street View Click to load · then drag to look around
Asking Price
$1,650,000
Listing Courtesy of KW Commercial
Vincent Borriello
Vincent Borriello
KW Commercial
Inquire about this property
Key highlights
  • The property offers 2,264 square feet of fully built-out second-generation restaurant space.
  • The site provides high-visibility frontage along Olive Avenue, ensuring strong exposure to traffic.
  • The location allows easy access to Clematis Street, The Square, and the Brightline Station.
  • It includes a complete commercial kitchen with a hood system for immediate operational use.
  • It is surrounded by established residential and commercial density that supports consistent customer flow.
  • The property is situated in a vibrant downtown environment that attracts both residents and visitors.
Appraiser Data
Parcel Control No.74434322370010040
MunicipalityWest Palm Beach
Assessed Value$1,191,875
Legal Description
STRAND CONDOMINIUM
Sale History
Sale 1$742,110 · 4/2006
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 5.1 mi 12 min drive
Ft. Lauderdale (FLL) 44.5 mi
Miami Intl (MIA) 64.9 mi
⚓ Seaports
Port of Palm Beach 4.1 mi
Port Everglades 42.9 mi
PortMiami 64.9 mi
Building Specifications
CityWest Palm Beach, FL
ZIP Code33401
Year Built2002
Total Building SF453,545 SF
Total Available2,264 SF
Lot Size1.19 AC
Parking Ratio0.88/1,000 SF
AmenitiesAir Conditioning; Controlled Access; Clubhouse; Dishwasher; Disposal; Fitness Center; Laundry Facilities; Property Manager on Site; Spa; Heating; Doorman; On-Site Retail; Package Service; Security System; Ceiling Fans; Crown Molding; Granite Countertops; High Speed Internet Access; Ice Maker; Refrigerator; Sprinkler System; Range; Storage Space; Elevator; Lounge; Maintenance on site; Sundeck; Grill; Coffee System; Freezer; Office
Walk Score70/100