
223 Sunset Ave
Price
Price on request
Price/Sq Ft
$35.00
Description
Located in the Heart of Palm Beach Island 223 Sunset Avenue in Palm Beach is ideally situated in the heart of Palm Beach, just one block north of Royal Poinciana Way and the Flagler Memorial Bridge. The recent redevelopment of this 21,607 RSF building features two floors of Class A office space, a destination restaurant, and covered parking. In winter 2019/2020, the property was expanded to offer more ground level office space. In addition, aesthetic upgrades, significant lobby and common area improvements, and substantial landscape enhancements were completed. Particularly noteworthy is the opening of long-time favorite Palm Beach restaurant Trevini on the first floor, which features an outdoor, covered dining area. Significant revitalization of the immediate area is further enhancing the desirability of this location. 223 Sunset Avenue is located directly across the street from Via Flagler at the Breakers, a new mixed-use development including private residences and destination shopping. The new luxury boutique hotel, White Elephant Palm Beach, is just steps away.
Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.
Unified Estimate
Low ConfidenceRate estimator only; cost-of-business estimate unavailable.
Sale Price History
Market report quarterly trend fallback
Modeled Rate Estimate
$286.34 – $368.14/SF/yr
Estimator modeled rate · mid $327.24
Investment Analysis
Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.
Financing Assumptions
Insufficient financial data for full analysis. Add more financial fields to improve metric coverage.
Market Employment Trend
December 2025 • Source: BLS QCEW
Economic Indicators
Source: FRED
Market Demographics
Census ACS 20242024 American Community Survey 5-Year Estimates •Released annually by U.S. Census Bureau
Sold Comps
Q3 2025Sold median $818/SF is 2853.2% above asking avg $28/SF
Source: florida_dor · County FIPS: 12099
Assumptions
- Interest rate: 6.47% (FRED live)
- Loan term: 25 years
- Down payment: 25.0%
- Market comparison: office in palm beach, FL
More Office for Sale in Palm Beach, FL(5)
Documents
Contact Broker
Max Pawk
John Criddle
Joe Freitas
Listed by
CBRE System Import

















