5305 Greenwood Avenue, West Palm Beach, FL 33407 (MLS# R10665331)

5305 Greenwood Avenue, West Palm Beach, FL 33407

$1,777,000

Property Type: Commercial Sale Square Footage: 18,400 Status: Closed

Current Price: $1,777,000 List Date: 10/22/2020 Last Modified: 2/28/2026

Overview

Description

2-story, 18,400 square foot medical office building on the St Mary's Hospital campus. The multi-tenant structure was constructed circa 1991 and is divided into 7 units ranging from 1,479 to 4,215 square feet. The floor plan can be easily adapted to accommodate a tenant's needs. The site is subject to a long term ground lease that offers an abundance of parking including covered spaces at the rear of the building. Rental rate is modified gross.

Listing Details MLS# R10665331

General Property Information

Property Sub Type: Office
Number Of Units Total: 7
Building Area Main: 18400
Building Area Source: Public Records
Year Built: 1991
Lot Size Area: 12632.4
Lot Size Acres: 0.29
Stories: 2

Property Features

Business Type: Medical Documents Available: Copy Of Lease(s); Financial Statement; Investment Analysis Electric: Three Phase Flooring: Ceramic Tile; Laminate; Vinyl Heating: Central Possession: Close Of Escrow Sale Includes: Building Tenant Pays: Cable TV; Electricity; Janitorial Service Cooling: Central Air Listing Terms: Cash; Conventional; Trade Roof: Built-Up Security Features: None Sewer: Public Sewer Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: Appraisal; Financing

Contract Information

Comp Sale YN: No
Original List Price: 18

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 5305
Street Name: Greenwood
Street Suffix: Avenue
City Name: West Palm Beach
State Or Province: FL
Postal Code: 33407
Area: 5420
Geographic Area: PB20
Parcel Number: 74434304330020060
Zoning: CSPD
Directions: East on 45th Street to St Mary's Hospital. Left (north) onto Greenwood Avenue. Property less than one-quarter mile on left (west side)
Property Description: Medical Office Bldg

Financial Information

Tax Annual Amount: 47687
Tax Year: 2020
Tax Legal Description: TENET ST MARYS PARCEL B REPL SLY 127.50 FT OF NLY 432.89 FT OF WLY 113.50 FT OF ELY 246.46 FT OF TR B K/A GROUND LEASE P

Status Change Information

Major Change Timestamp: 2021-05-28T17:09:28Z
Major Change Type: Status Change
Status Change Date: 2021-05-28
Under Contract Date: 2021-02-15
Close Date: 2021-04-15
Close Price: 1777000
Buyer Financing: Conventional

More Information

Building and Property Details

# Of Toilets: 7
% Air Conditioned: 100
Maximum Ceiling Height: 10

Price Calculations

Current Price To SqFt: 96.57

Originating Details

Originating System Key: 20201022142338335876000000
Originating System ID: M00000170

Documents

Listing Office: Rebel Cook Real Estate

Last Updated: February - 28 - 2026

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