Fla Mango Grovelets Other For Sale
1850 Forest Hill Boulevard, West Palm Beach, FL 33406

$6,500,000
New For Sale
Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker

Details


  • MLS Number:R11101773
  • Virtual Tour: YES
  • List Price: $6,500,000
  • Taxes:$209,638
  • Year Built:1981
  • Listing Date:June 23, 2025
  • Days On Market:19

Description


VALUE-ADD OFFICE COMPLEX. First time on market. Prime corner location on Forest Hill Blvd. 4 parcels totaling 4.21 acres with 3 buildings and 52,463 rentable SF. Significant upside potential through professional management. Increase NOI immediately by leasing 76,227+ SF of available space and enforcing CAM recovery clauses. Major long-term growth opportunity by marking significant below-market rents to current rates as leases roll over. Recent major capital improvements de-risk the investment. Ideal for a 1031 exchange or long-term investor seeking substantial equity creation.

Features


  • Floor:Other
  • Exterior Feature:

Location


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Mila Bogatov
Mila Bogatov
Luxury Real Estate Broker