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For Sale Available Listing #81910

257,500 SF Commercial For Sale — $515,000 — 4000 Greenwood Ave, West Palm Beach – #81910

4000 Greenwood Ave · Price Per Unit · West Palm Beach, FL 33407
257,500 SFAvailable space
CommercialProperty type
2025Renovated
Quick Unit Specs
For Sale
$515,000 Asking Price
$2.00 Price / SF
7.98% Cap Rate
— NOI
41 / 278 days Days on market / avg to sell
The Space
257,500 SF Sq Ft
Commercial Type
Price Per Unit 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
— Estimated Parking
— Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
This meticulously renovated duplex offers a income producing opportunity. Both units have been renovated. Unit Specifications (Two Identical Units) Layout: 2 Bedrooms / 1 Bathroom per side. Potential Rental Income: $3850 a month Unit 1 Lease Ends: February 2027; Unit 2 currently vacant. Kitchen: Solid wood cabinetry, granite countertops, quartz countertops and modern appliances. Individual central AC systems for each unit. In-unit washer and dryer included in both residences. Infrastructure & "Peace of Mind" Upgrades Unlike most vintage properties in WPB, this building has been modernized for maximum durability and insurance savings: High-efficiency impact windows and doors throughout (Significant insurance premium reduction). All original cast iron plumbing has been fully replaced with PVC piping. Updated Electrical: Both units have been completely rewired to current code. Modern Systems: central HVAC and updated water heaters. New Roof: 2026
Approved Uses by Zoning — Single-Family Residential (SF7)

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
Accessory To Other Uses, Land And/Or Structures To Principal Uses Permitted By Right, Columbariums As Access, Use In Rel. Inst., Other Than Cemeteries, Public Or Private (extra requirements), Community Residential Homes (extra requirements), Day Care Homes, Accessory, Children (extra requirements), Day Care Homes, Family Accessory, Children (extra requirements), Family Community Residence (extra requirements), Home Occupations, Accessory To Res. Uses (extra requirements), Lakes, Ponds, Man-Made, Accessory (extra requirements), Parks (extra requirements), Public Safety Facilities Operated By Public Agencies, Residential, Single-Family, Detached, Solar Energy Systems, Primary Use Tier 1: 0-10Kw 13, Special Noncommercial Events Of Public Interest (extra requirements), Temp Model Dwellings And Sales Offices (extra requirements), Temporary Borrow Pits, Borrow Piles And Similar Excavations (extra requirements), Temporary Offices And Facilities For Construction, Storage/Security (extra requirements), Utility Facilities, Light, Public And Private (extra requirements), Yard And Garage Sales, Temporary (extra requirements)
With special approval
Churches, Synagogues & Other Houses Of Worship, Community Centers, Day Care Facilities, Adult, Day Care Facilities, Children As Accessory Use In Houses Of Worship, Schools, Both Public And Private, Nonconformities, Alterations That Reduce The Impact Of A Major Nonconforming Use, Nonconformities, Alterations That Reduce The Impact Of A Minor Nonconforming Use, Nonconformities, Change From A Major Nonconforming Use To A Minor Nonconforming Use, Nonconformities, Change From One Minor Nonconforming Use To Another Minor Nonconforming Use, Parking Lots As Principal, Accessory Or Off-Site Uses, Private Use On Public (City Owned) Land, Recreation, Outdoor Amusements, Temp, Schools - Public And Private, Elementary, Intermediate And Secondary, Solar Energy Systems, Primary Use Tier 2: 10-100Kw 13, Solar Energy Systems, Primary Use Tier 3: 100-2Mw 13, Transitional Community Residence
Read the full SF7 zoning guide ›

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

FDOT publishes no traffic count for Greenwood Ave.
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
45 St0.3 mi 27,000
Broadway Ave0.2 mi 24,500
36 St0.2 mi 11,400
Flagler Dr0.3 mi 11,200
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 001801

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.
5,744
Population
$55,688
Median Household Income
42
Median Age
1,824
Households
$235,900
Median Home Value
Household Income of 1,824 households
<$50k819 45%
$50–100k611 33%
$100–150k237 13%
$150k+157 9%
Age of 5,744 residents
Under 181,114 19%
18–341,250 22%
35–541,517 26%
55–64953 17%
65+910 16%

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
12,247
population
4,644 households
$77,641 avg income
3 Miles
86,575
population
36,241 households
$98,936 avg income
5 Miles
193,481
population
78,736 households
$98,157 avg income
Street View Click to load · then drag to look around
Asking Price
$515,000
Listing Courtesy of Unity Investment Group
MB
Mildred Bellefleur
Unity Investment Group
Inquire about this property
Key highlights
  • income producing
  • updated
  • impact windows
Appraiser Data
Parcel Control No.74434309050560330
MunicipalityWest Palm Beach
Assessed Value$256,398
Land Value$72,000
Legal Description
NORTHWOOD ADD
Sale History
Sale 1$104,000 · 10/2002
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 7.0 mi 15 min drive
Ft. Lauderdale (FLL) 46.9 mi
Miami Intl (MIA) 67.3 mi
⚓ Seaports
Port of Palm Beach 1.7 mi
Port Everglades 45.4 mi
PortMiami 67.4 mi
Building Specifications
CityWest Palm Beach, FL
ZIP Code33407
Year Built1958
Total Building SF1,568 SF
Total Available257,500 SF
Land Area5,000 SF
Lot Size0.11 AC
Floor Area Ratio0.314
AmenitiesAir Conditioning; Washer/Dryer; Refrigerator; Tub/Shower; Vinyl Flooring
Walk Score60/100
Renovated2025