About this home
801 Spencer Drive offers an established 3,665 SF single-story commercial office building on approximately 0.29 acres in a highly accessible West Palm Beach location. The existing improvements provide immediate owner-user, professional office or investment potential, while the GC zoning and strategic location create longer-term redevelopment possibilities. Property may be purchased individually or as part of an assemblage with adjacent 2701 Okeechobee Boulevard. Combined, the properties create a substantial commercial site with road access on three sides, significantly enhancing visibility, ingress/egress and future site-planning flexibility. A rare opportunity to acquire an existing income-capable commercial asset with the added potential of a larger Okeechobee Boulevard assemblage.
Listing last checked: Listing updated:
Listed by Scott A. Huston · EXP Realty LLC · MLS #B26070387
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric, Zoned
- Cooling
- Central Air, Electric, Zoned
- Flooring
- Carpet, Ceramic Tile, Wood
Building4 property facts
- Style
- Office
- Year built
- 1964
- Parking
- 12
- Roof
- Flat
Land & utilities4 property facts
- Lot size
- 0.3 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- GC (city)
Financial2 property facts
- Annual taxes
- $17,912
- Assessment year
- 2025
Location
Estimated monthly cost
Explore costs at the $3,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$16,662 / monthAdjust
- Principal & interest
- $15,170
- Property tax
- $1,493
- Insurance
- Not entered
- HOA
- Not entered
Listing annual taxes: $17,912. Initial monthly tax is one twelfth of that amount. HOA amount was not supplied.
Partial estimate: add insurance, monthly HOA to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
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About 801 SPENCER Drive
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Request a tour of 801 SPENCER Drive and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
Availability varies by property and source. Request the documents you need and we will help obtain what is available.