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For Lease Available Listing #75812

1,594 SF Office/Residential — 515 N Flagler Dr, West Palm Beach

515 N Flagler Dr · 1st Floor, Ste P250 · West Palm Beach, FL 33401

1,594 SFAvailable space

OfficeProperty type

2018Renovated

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Quick Unit Specs

1,594 SF Sq Ft

Office Type

Available Status

For Lease Listing Type

$45.00/SF/YR Lease Rate

$5,978/mo Monthly Rate

Mar 2031 Lease Terms

NNN Lease Type

— Asking Price

— Price / SF

— Cap Rate

— NOI

Full Build-Out Condition

— Power

— HVAC

— Estimated Parking

— Yard

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Space Description & Highlights

VIRTUAL WALKTHROUGH: https://my.matterport.com/show/?m=gdKp8mYPBzQ Suite P250 spans ±7,706 SF (divisible from ±1,594 SF) across a distinctive multi-level layout, sublease available through March 31, 2031. The space is highly improved with premium finishes throughout, furniture available, and ready for immediate occupancy, giving tenants a direct entry into the iconic Northbridge Centre in Downtown West Palm Beach without the lead time of a build-out. Rate is $45.00/SF NNN plus $25.46/SF CAM, with electric separately metered and cleaning included in the base terms. Sublease through 3/31/31.

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Floor Plan

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Building Description

Park Overview
21-story, Class A iconic trophy tower centrally located in Downtown West Palm Beach. The building’s prime location at the base of the Flagler Memorial Bridge (“North Bridge”), provides quicker ingress and egress to Palm Beach Island, Interstate 95 & Okeechobee Blvd. This property offers unobstructed, beautiful views of the Atlantic Ocean, Intracoastal Waterway, and Palm Beach Island to the north, south, and east. The attached parking garage climate-controlled led covered sky bridge allows tenants to travel between the Tower, Pavilion, and Garage without exposure to the elements.

Building Specifications

CityWest Palm Beach, FL

ZIP Code33401

Year Built1985

Gross Leasable Area292,001 SF

Total Building SF292,001 SF

Total Available7,706 SF

Min. Divisible1,594 SF

Land Area50,014 SF

Parking (building)1 Spaces

ConstructionCONCRETE~ POURE

Floor Area Ratio5.838

Amenities24 Hour Access; Atrium; Banking; Controlled Access; Concierge; Conferencing Facility; Fitness Center; Food Service; Property Manager on Site; Restaurant; Security System; Signage; Waterfront; Skyway; Wheelchair Accessible; Reception; Roof Terrace; Car Charging Station; Outdoor Seating; Air Conditioning; Fiber Optic Internet

Walk Score60/100

Renovated2018

Reference Links

Neighborhood Demographics · Census Tract 002300

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.

3,478

Population

$52,083

Median Household Income

Median Age

1,735

Households

$324,600

Median Home Value

Household Income of 1,735 households

<$50k845 49%

$50–100k415 24%

$100–150k310 18%

$150k+165 10%

Age of 3,478 residents

Under 18675 19%

18–34942 27%

35–54895 26%

55–64498 14%

65+468 13%

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

14,335

population

7,843 households

$149,837 avg income

3 Miles

74,659

population

31,826 households

$122,701 avg income

5 Miles

174,608

population

71,217 households

$97,832 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts N Flagler Dr. 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.

23,000vehicles / day on N Flagler Dr (AADT)

I‑95 (interstate) 255,000

Florida Turnpike 95,000

Okeechobee Blvd 62,000

US‑1 / Federal Hwy 46,000

Military Trail 40,000

◆ N Flagler Dr 23,000

This frontage carries about 9% of I‑95's volume — lighter neighborhood traffic. County roads shown are approximate peak AADT.

FDOT count stations on N Flagler Dr
23,000 AADT (2025)
20,600 AADT between PB LAKES BLVD (2025)
18,100 AADT between SR-704/OKEECHOBEE BL and BANYAN BLVD (2025)
18,100 AADT between OKEECHOBEE BLVD and BANYAN BLVD (2025)

Risk & Incentives

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

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Lease Rate

$45.00/SF/YR

Listing Courtesy of NAI Merin Hunter Codman, Inc.

Jason Sundook

NAI Merin Hunter Codman, Inc.

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Key highlights

Iconic Downtown West Palm Beach address on prestigious Flagler Drive
Priced below Downtown's newest trophy office towers, with sublease stability through March 31, 2031
Steps from Brightline, CityPlace, and the Flagler Financial and Clematis Districts
Direct Pavilion entry, highly improved, multi-level layout with furniture available
Rooftop garden lounge with panoramic skyline and Intracoastal views
On-site amenities including full-service banking, dining, salon, and fitness center

Extended Unit Specifications

Suite 1st Floor, Ste P250

Available Now

Clear Height —

Drive-In Bays —

Dock-High Bays —

Office SF —

Restrooms —

Parking Ratio 0.02

Op. Expenses —

Appraiser Data

Parcel Control No.74434322120030010

Assessed Value$90,136,187

Land Value$7,877,205

Improvement Value$82,195,990

Legal Description

RAILWAY ADD TO WPB

Sale History

Sale 1$98,000,000 · 6/2019

Source: Palm Beach County Appraiser Records

Proximity

✈ Airports

Palm Beach Intl (PBI) 5.2 mi 12 min drive

Ft. Lauderdale (FLL) 44.9 mi

Miami Intl (MIA) 65.3 mi

⚓ Seaports

Port of Palm Beach 3.7 mi

Port Everglades 43.3 mi

PortMiami 65.3 mi

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