401 N Rosemary Avenue, West Palm Beach, FL 33401

This assembled portfolio at 401 through 413 North Rosemary Avenue comprises seven contiguous addresses on a 0.21-acre parcel in Downtown West Palm Beach, offered as a single transaction with five stories of air rights. The existing structure dates to 1925 and currently functions as office space totaling 5,452 square feet across the portfolio.

This assembled portfolio at 401 through 413 North Rosemary Avenue comprises seven contiguous addresses on a 0.21-acre parcel in Downtown West Palm Beach, offered as a single transaction with five stories of air rights. The existing structure dates to 1925 and currently functions as office space totaling 5,452 square feet across the portfolio.

Portfolio Composition & Air Rights

The seven addresses (401, 403, 405, 407, 409, 411, and 413 North Rosemary Avenue) are being sold exclusively as a unified portfolio. The seller will not subdivide or entertain offers on individual parcels. Five stories of air rights convey with the transaction, creating a vertical development envelope that is increasingly difficult to assemble along this corridor.

Zoning & Development Context

The Rosemary Avenue corridor sits within the Downtown West Palm Beach zoning district, which has been the focus of sustained institutional capital deployment over the past several years. Related Companies' continued expansion along Flagler Drive has compressed available land supply in the surrounding blocks, pushing development interest westward toward Rosemary and Quadrille. Buyers should confirm the specific zoning overlay and FAR applicable to this parcel, as the five stories of air rights suggest either existing entitlements or a baseline that could be expanded through the city's approval process.

Location & Access

The site is approximately three blocks west of the Flagler Drive waterfront and within walking distance of Clematis Street, CityPlace (now Rosemary Square), and the Brightline station. Palm Beach International Airport is a seven-minute drive west via Okeechobee Boulevard. For principals splitting time between the island and the mainland, the Royal Park Bridge connects South Flagler Drive to Royal Palm Way in under five minutes.

Key Features

• Seven contiguous addresses sold as a single portfolio (401 through 413 N. Rosemary Ave.)
• Five stories of air rights included
• 0.21-acre assembled parcel in Downtown West Palm Beach
• Original structure built in 1925, currently configured as office
• 5,452 square feet of existing improvements
• Proximity to Brightline station and Rosemary Square
• Portfolio will not be subdivided or sold separately