← All properties
For Sale Available Listing #85056

1,200 SF Medical For Sale — $3,100,000 — 44 Cocoanut Row, Palm Beach – #85056

44 Cocoanut Row · Unit M202-205 · Palm Beach, FL 33480
1,200 SFAvailable space
Medical OfficeProperty type
Professional Office Space with private restroom and kitchenRenovated
Quick Unit Specs
For Sale
$3,100,000 Asking Price
$2,583.33 Price / SF
— Cap Rate
— NOI
445 / 278 days Days on market / avg to sell
The Space
1,200 SF Sq Ft
Medical Office Type
Unit M202-205 Suite
— Condition
Available Status
For Sale Listing Type
Now Available
— Op. Expenses
— Clear Height
— Drive-In Bays
— Dock-High Bays
— Yard
1,200 SF Office SF
— Restrooms
— Power
— HVAC
— Estimated Parking
0.10 Parking Ratio
Location Map Click to explore · switch to satellite inside the map
Space Description & Highlights
Move in Ready for owner/user. Professional finished. Furniture can be included. Perfect professional space to service Palm Beach. Move in ready for medical consultant, financial services, real estate, accounting, family office or non-profit. Four parking spaces included. Full time valet, security, property management, and concierge. Restaurant on site.
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
BRAND NEW TURN-KEY OFFICE SPACE ON PALM BEACH ISLAND. Building features dedicated valet parking as well as an in-house post office and package room. Walking distance to every major retail center on the island including Royal Poinciana Plaza, Worth Avenue, The Breakers, and the Palm Beach Community Center. But if driving is more your speed, this space comes with 4 free reserved parking spots. That along with the private bathroom makes this space great for an office or medical user, an extremely rare find in the ever shrinking market of available Real Estate in this Tropical Enclave.
https://my.matterport.com/show/?m=zDxtshE2RPK
Approved Uses by Zoning — Town-Serving Commercial (C-TS)

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
Retail and service establishments, such as hardware stores, food stores, clothing stores, drugstores, barbershops, beauty salons and jewelry stores (maximum 3,000 sq ft gross leasable area), Offices, executive office suites, professional services, business services, excluding veterinarian offices, and securities and financial brokerage and trust companies above the first floor (maximum 3,000 sq ft GLA), Offices, professional services, business services and securities and financial brokerage and trust companies in the 200 block of Peruvian Avenue and Bradley Place (maximum 3,000 sq ft GLA), Nonprofit cultural centers, Professional and studio type schools, Storage facility related to a permitted or special exception use in the district (must meet Sec. 134-1760 conditions), Essential services, Public parks, Residence(s) above the first floor, Supplemental off-site shared parking per Secs. 134-2177 and 134-2182
With special approval
Public or private parking lots or storage garages, Auto rental lots, Private social, swimming, golf, tennis and yacht clubs, Service stations, Public structures/uses, Essential services related to town-owned municipal buildings and structures, Supplemental parking per Secs. 134-2177 and 134-2182, Public or private academic schools located south of 2500 South Ocean Boulevard, Drive-in business service facilities, Churches, synagogues or other houses of worship, Permitted uses, or uses not enumerated but with similar traffic, patronage and intensity of use, which are greater than 3,000 sq ft gross leasable area, Banks and financial institutions, excluding securities or financial brokerage and trust companies, Roof-deck automobile parking, Outdoor cafe seating (only for restaurants, retail specialty food incl. takeout-only prepared food, and private clubs; Secs. 134-2104 to 134-2108), Veterinarian offices above the first floor, Museums occupying a building of unique value as a designated historical landmark, Nightclubs, Offices (excluding executive office suites), professional services, business services and securities or financial brokerage and trust companies on the first floor (only if at least 50 percent of existing uses on all floors of the building are offices and more than 50 percent of first-floor uses within 300 ft are offices), except as in 134-1107(3), Private parks, Outdoor promotional events (Sec. 134-2115), Restaurants, excluding formula restaurants and bars/lounges
Read the full C-TS zoning guide ›

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

This property fronts Cocoanut Row, which FDOT counts at the figure below (2025).
7,200vehicles / day on Cocoanut Row (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
Royal Pinciana Way0.2 mi 17,883
Flagler Dr0.4 mi 11,200
◆ Cocoanut Row 7,200
Bradley Pl0.2 mi 6,500
N County Rd0.4 mi 6,500
This property Nearest FDOT-counted roads (distance) County's busiest roads (approx. peak) Vehicles per day (AADT)
This frontage carries about 3% of I‑95's volume — lighter neighborhood traffic.
Risk & Incentives
⚠ Flood Zone AE · SFHA ⚠ In Flood Hazard Area Not an Opportunity Zone

Neighborhood Demographics · Census Tract 003512

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.
1,407
Population
$163,750
Median Household Income
75
Median Age
882
Households
$2,000,001
Median Home Value
Household Income of 882 households
<$50k126 14%
$50–100k172 20%
$100–150k135 15%
$150k+449 51%
Age of 1,407 residents
Under 1850 4%
18–34100 7%
35–54174 12%
55–64128 9%
65+955 68%
Area demographics
Population
1,407
Households
882
Median income
$163,750
Median home value
$2,000,001
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population8,46962,455142,946
Households5,33126,54357,393
Avg income$258,083$133,858$105,962
Household income (purchasing power)
< $50k0%
$50–100k0%
$100–150k0%
$150k+0%
Street View Click to load · then drag to look around
Asking Price
$3,100,000
Listing Courtesy of TCRE
Constance Thomas
Constance Thomas
TCRE
Inquire about this property
Key highlights
  • Newly Renovated Professional Office Space with private restroom and kitchen
  • Full-service building includes 24/7 concierge assistance.
  • Views of the Ocean and Historic Breakers Hotel.
  • On-site restaurant and salon provide daily convenience.
  • Automatic hurricane shutters enhance building protection.
  • Walkable access to Worth Avenue and Royal Poinciana Plaza and convenient location between Palm Beach's two primary bridges.
Appraiser Data
Parcel Control No.50434322240200000
Assessed Value$4,425,152
Land Value$4,424,640
Legal Description
BREAKERS ROW PL NO 1 REPL
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 5.9 mi 14 min drive
Ft. Lauderdale (FLL) 44.8 mi
Miami Intl (MIA) 65.3 mi
⚓ Seaports
Port of Palm Beach 3.8 mi
Port Everglades 43.2 mi
PortMiami 65.3 mi
Building Specifications
CityPalm Beach, FL
ZIP Code33480
Year Built1956
Total Building SF3,436 SF
Total Available1,200 SF
Land Area113,263 SF
Lot Size2.10 AC
Parking (building)6 Spaces
Parking Ratio1.75/1,000 SF
Amenities24 Hour Access; Atrium; Concierge; Conferencing Facility; Food Service; Property Manager on Site; Restaurant; Reception; Outdoor Seating; Air Conditioning
Walk Score60/100
RenovatedProfessional Office Space with private restroom and kitchen

More available units in this building · 44 Cocoanut Row

View all properties →