515 S Dixie Highway, West Palm Beach, FL 33401,West Palm Beach,Palm Beach,Commercial Sale

$3,800,000

Description

This corporate-backed, absolute NNN lease with Goodyear offers investors true hands-off, bond-style income from a globally recognized, investment-grade tenant. The 15-year lease, commencing in 2022, includes six 5-year renewal options with 10% rent increases every five years, providing predictable growth and long-term security. Located on the high-traffic US-1 corridor in Downtown West Palm Beach, the property benefits from excellent visibility, urban infill, and easy access to Okeechobee Blvd and I-95. With zero landlord responsibility, this 5,500 SF building on an 11,731 SF lot delivers stable cash flow and a 25-year horizon of built-in escalations, making it a rare opportunity for investors seeking reliable, long-term income.

Address

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Address: Dixie
City: West Palm Beach
State/county: Palm Beach
Zip/Postal Code: 33401
Area: West Palm Beach

Details

Updated on July 21, 2026 at 6:57 pm

Property ID A12026968
Price $3,800,000
Land Area 0.27 Sq Ft
Year Built 1965
Type Industrial
Property Status Commercial Sale

Additional details

BuildingAreaTotal 5500
BusinessType Retail
CLIP 9410359615
ContractStatusChangeDate 2026-05-28
CumulativeDaysOnMarket 54
CurrentPrice 3800000
DaysOnMarket 54
DaysOnMarketReplication 54
DaysOnMarketReplicationDate 2026-07-21
DaysOnMarketReplicationIncreasingYN 1
DocumentsChangeTimestamp 2026-05-28T15:30:56.000-00:00
DocumentsCount 1
InternetAddressDisplayYN 1
InternetEntireListingDisplayYN 1
ListAOR Miami REALTORS
ListAgentAOR Miami Association of REALTORS
ListAgentDirectPhone 305-570-2600
ListAgentEmail miguel@apexcapitalrealty.com
ListAgentFirstName Miguel
ListAgentFullName Miguel Angel Pinto
ListAgentKey 26724292
ListAgentKeyNumeric 26724292
ListAgentLastName Pinto
ListAgentMiddleName Angel
ListAgentMlsId SEF3313310
ListAgentNationalAssociationId 279594546
ListAgentOfficePhone 305-570-2600
ListAgentPreferredPhone 305-570-2600
ListAgentStateLicense 3313310
ListOfficeAOR Miami Association of REALTORS
ListOfficeEmail info@apexcapitalrealty.com
ListOfficeKey 5898822
ListOfficeKeyNumeric 5898822
ListOfficeMlsId SEFAXCR01
ListOfficeName APEX Capital Realty LLC
ListOfficePhone 305-570-2600
ListingAgreement Exclusive Agency
ListingContractDate 2026-05-28
ListingKey 1170337198
ListingKeyNumeric 1170337198
LotSizeArea 11730
MLSAreaMajor 5420
MajorChangeTimestamp May 28, 2026 at 12:00am
MajorChangeType New Listing
MapCoordinateSource Imported
MlsStatus Active
MobileDimUnits Feet
ModificationTimestamp July 21, 2026 at 03:55pm
OccupantType Call Agent
OnMarketDate 2026-05-28
OnMarketTimestamp 2026-05-28T00:00:00.000-00:00
OpenHouseModificationTimestamp 2026-07-21T11:53:19.860-00:00
OriginalEntryTimestamp May 28, 2026 at 04:26pm
OriginalListPrice 3800000
OriginatingSystemID M00000151
OriginatingSystemKey 596503781
OriginatingSystemListAgentMemberKey 1174087
OriginatingSystemListOfficeKey 1252101
OriginatingSystemModificationTimestamp 2026-07-21T11:53:19.860-00:00
OriginatingSystemName BEACH
OriginatingSystemSubName BEACH_MIAMI
ParcelNumber 74434321080550011
Permission IDX
PhotosChangeTimestamp July 21, 2026 at 03:55pm
PhotosCount 7
PostalCity West Palm Beach
PostalCode 33401
PostalCodePlus4 5809
PropertySubTypeAdditional Industrial
PublicSurveyTownship 74
SourceSystemID TRESTLE
SourceSystemKey 1170337198
SourceSystemName flexmls
StateOrProvince FL
StatusChangeTimestamp May 28, 2026 at 12:00am
StreetDirPrefix S
StreetName Dixie
StreetNumber 515
StreetNumberNumeric 515
StreetSuffix Highway
StructureType Retail
TaxAnnualAmount 37608
TaxLegalDescription MODEL LAND CO ADD LTS 1 TO 3 INC /LESS W 50 FT & E 10 FT RD R/W/ BLK 55
UniversalPropertyId US-12099-N-74434321080550011-R-N
VideosChangeTimestamp 2026-07-21T15:55:34.877-00:00
VideosCount 0
Zoning QGD-10 (