The Leavitt McIntosh Team

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For Lease

445 Brazilian Avenue

445 Brazilian Avenue, Palm Beach, FL 33480

$13,950,000/month

Rare opportunity to own land or a commercial multi-family property in the heart of Palm Beach. Situated on a 9,000+ SF lot on the highly coveted 400 Block of Brazilian Ave. on the North Side of the street, this property offers exceptional flexibility: keep it as an income-generating, multi-family complex with 14 beautifully updated units (12 studio apartments and 2 one-bedroom apartments, all renovated between 2017 and 2021), or start fresh and build new in one of the most desirable locations in Palm Beach.

9,147.6 Sq.Ft. lot

Chris Leavitt

title Sales Associate
PHONE (917) 664-0720
EMAIL [email protected]

Ashley McIntosh

title Broker Associate
PHONE (561) 685-0861
EMAIL [email protected]

Features & Amenities

Interior

Flooring Hardwood, Tile, Wood

Area & Lot

Status For Lease
Lot Area9,147.6 Sq.Ft.
MLS® IDR11047799
TypeCommercial
YEAR BUILT1927

Exterior

STORIES2
water SourcePublic
utilitiesElectricity Available, Natural Gas Available, Sewer Available, Water Available
roofFlat, Tile
HEAT TYPEOther
AIR CONDITIONINGOther
sewerPublic Sewer
security FeaturesFire Sprinkler System, Smoke Detector(s)

Financial

Lease Price$13,950,000/mo
Lease Term 12 MONTHS
Real Estate Tax $59,460/yr

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