David Ramirez
✦ Mixed Use

Commercial Sale · Mixed Use

$6,950,000$7,950,0002,760 sq ft$2,518 /sq ft0.24 acres1 units

428 Avon Road, West Palm Beach FL 33401, WEST PALM BEACH, FL, 33401

Active397 days on marketListed Jul 17, 2025MLS #R11108439

About this property

The property at a glance

Prime location. This sale includes a total of 5 parcels equalling .79 acreage at 428 Avon Rd & 429 Belvedere Rd. Renderings showcase approved plans for a luxury car club with private garages, a social lounge, offices, and entertainment spaces. Approved plans encompass 3 of the 5 parcels, while the 2 Belvedere parcels provide long-term optionality for added development or future repositioning. The 5-parcels contain the following legal addresses: (1) SUNSHINE PARK ADD NO 1 LTS 174 175 (LESS S 15 FT BELVEDERE RD R/W), (2) SUNSHINE PARK ADD NO 1 LTS 176 THRU 179 (LESS S 15 FT BELVEDERE RDR/W), (3) SUNSHINE PARK ADD 1 LTS 148 TO 151 INC, (4) SUNSHINE PARK ADD 1 LTS 152 153, (5) SUNSHINE PARK ADD 1 LTS 154 155

2,760

Building sq ft

$2,518

Price / sq ft

0.24

Lot acres

1972

Year built

1

Unit

GC

Zoning

Mixed Use

Property type

Building size2,760 sq ft
Lot size0.24 acres
Year built1972
Units1
ZoningGC
Business typeAutomotive, Business, Retail, Storage, Industrial, Mini Warehouse, Office/Warehouse Combination, Office Space, Store/Warehouse Combination, Warehouse Space
CoolingOther
HeatingOther
UtilitiesOther Utilities Available · Other
Annual taxes$9,187

The numbers

Investment snapshot

$6,950,000

Price / unit

1

Unit

Estimated payment (illustrative)

Down payment25% · $1,737,500
Interest rate6.00%
Loan term

Estimated payment

$32,177/mo

Principal & interest$31,252
Property taxes (actual bill)$766
Est. insurance$160

Illustrative only. Commercial loans are underwritten on the property’s income (DSCR, cap rate) — typically 25–35% down with lender-set terms. Ask a commercial lender for real numbers. Taxes reflect the most recent bill on record; insurance is a typical-Florida estimate. Your lender’s numbers will differ. CENTURY 21 Edge partners with Florida’s best lenders.

Financing

Commercial financing works differently from a home loan — expect roughly 25–35% down with terms driven by the property’s income and your lender’s underwriting (DSCR, cap rate), not FHA or VA programs. Ask David to connect you with a commercial lender for real numbers.

Where it sits

Location & trade area

27,500vehicles / day · 2025Sr-704/Lakeview Ave to Belvedere Rd · Traffic count · Florida DOT

What’s nearby

PublixGrocery0.1 mi
Iconic Snob GaleriesRetail0.1 mi
Pig Beach BBQ Palm BeachRestaurant0.1 mi
Hotel BibaLodging0.1 mi
McDonald'sRestaurant0.2 mi
Jo BistroRestaurant0.2 mi
Joy Noodles and Asian CuisineRestaurant0.3 mi
Souvlaki GrillRestaurant0.3 mi
Buccan Sandwich ShopRestaurant0.4 mi
GratoRestaurant0.4 mi
Serenity Garden Tea HouseRestaurant0.5 mi
Flamingo Park Food MarketGrocery0.5 mi
Table 26Restaurant0.5 mi
Grandview GardensLodging0.6 mi
Fong's Garden Chinese FoodRestaurant0.6 mi
ABC Fine Wine & SpiritsRetail0.6 mi
City DinerRestaurant0.7 mi
Casa GrandviewLodging0.7 mi
Delta Hotels by Marriott West Palm BeachLodging0.8 mi
The PumphouseRestaurant0.8 mi
Kwikstop Food and GasGrocery0.8 mi
Hakuna MakavaRestaurant0.9 mi
Courtyard West Palm Beach AirportLodging0.9 mi
Hilton West Palm BeachLodging1 mi

Business data © OpenStreetMap contributors

The area

Who's around this property

31,964

Population

$60,942

Median income

38.5

Median age

2.04

Avg household

$430,900

Median home value

$1,774/mo

Median rent

3,006

Households w/ kids

Recent sales

What actually sold near 428 Avon Road

The most comparable commercial properties that changed hands nearby. No two are identical — ask us for a full comparative analysis.

Nearby listing

$5,000

Nearby listing

Sold Sep 15, 2025

1865 N Tamarind Ave, West Palm Beach FL 33407

$368,000

1865 N Tamarind Ave, West Palm Beach FL 33407

Sold Apr 13, 2026

1417 N Tamarind Avenue, West Palm Beach FL 33401

$2,600

1417 N Tamarind Avenue, West Palm Beach FL 33401

Sold Sep 9, 2024

Your team

The pros in your corner

David Ramirez

Your agent

David Ramirez

Real Estate Agent · CENTURY 21 Edge

Tours, offers, and every question about 428 Avon Road — start here.

CallText
david.ramirez@c21edge.com
Andrew Acosta

Financing contact

Andrew Acosta

Acosta Home Loans with PRMG · NMLS #1468866

Ask about commercial financing options for 428 Avon Road.

Get in touchCall
aacosta@prmg.net

See it in person

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