BreakThru Realty

120 S Olive Avenue 703, West Palm Beach, FL 33401

$489,000 · $482 per sq ft · Office for sale

  • Property type: Office
  • Asking price: $489,000
  • Price per sq ft: $482
  • Building size: 1,015 sq ft
  • Zoning: CWD-CD (city)
  • Year built: 1925
  • Units: 1
  • Stories: 8
  • Parcel ID: 74434322400007030
  • MLS#: B26043065
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About this property

Unique Commercial Office Condo in the Historic Guaranty Building. Own a piece of West Palm Beach history with this distinctive commercial office condominium located in the iconic Guaranty Building. Designed by renowned architects Harvey and Clarke and completed in 1922, this landmark property offers a prestigious setting for your business and clients. Spanning over 1,000 square feet, the office has been thoughtfully renovated within the past five years, including the installation of a new HVAC system. The building showcases remarkable architectural details and timeless character rarely found in modern office spaces. Adding to its rich history, the Guaranty Building is rumored to house a hidden speakeasy once frequented by Al Capone during the Roaring Twenties. Situated in the heart of downtown West Palm Beach, the location offers exceptional convenience. Enjoy walking access to the waterfront, dining, shopping, entertainment, and cultural attractions. Commuters will appreciate the proximity to the Brightline, Tri-Rail, and I-95, while Palm Beach International Airport is just a short 10-minute drive away. Whether you're seeking an impressive headquarters, professional office, or investment opportunity, this exceptional property combines historic prestige, modern updates, and an unbeatable downtown location. Schedule your private showing today and experience the distinction of the Guaranty Building firsthand.

Building Features and Utilities

  • Electricity Connected
  • Sewer Connected
  • Water Connected
  • CBS

Operating Statement

Property taxes$6,612/yr

Income and expenses as the seller entered them in the MLS, not verified. A buyer's lender underwrites from the actual statements and the property tax and insurance a new owner will pay.

Presented by

BreakThru Realty · (786) 914-1017

Courtesy of

Higher Standards Real Estate · cvelez227@yahoo.com · Listing agent: Christine Velez

BeachesMLS logo All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright © 2026 BeachesMLS, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by BeachesMLS. Listings held by brokerage firms other than BreakThru Realty carry the name of the listing broker.

Request a tour or more information

Call or text BreakThru Realty at (786) 914-1017 or email sales@breakthrurealty.com to tour 120 S Olive Avenue 703 or to ask for what the listing leaves out: the rent roll, the leases and the operating statements.

Questions About 120 S Olive Avenue 703

How much is 120 S Olive Avenue 703?
120 S Olive Avenue 703 is listed at $489,000, about $482 per square foot of building. Ask for the rent roll, the existing leases and the operating statements: for an income property those, more than the asking price, show what the building is worth.
What is 120 S Olive Avenue 703 zoned?
The listing reports zoning of CWD-CD (city). Permitted uses, parking and signage are set by the city or county zoning code, so confirm your intended use with the local zoning office before you close.
How big is 120 S Olive Avenue 703?
The listing reports 1,015 square feet of building.
When was 120 S Olive Avenue 703 built?
120 S Olive Avenue 703 was built in 1925. For an older commercial building, ask about the roof, the HVAC and electrical systems, fire and life-safety compliance and whether a county building safety recertification is due.
What are the property taxes on 120 S Olive Avenue 703?
The listing reports annual property taxes of $6,612 for 2025. Florida reassesses a non-homestead property after it sells, so budget for the new owner's bill rather than the current one.
How do I tour 120 S Olive Avenue 703?
Request a tour from this page or call BreakThru Realty. A licensed agent will arrange access with the listing broker and ask for what the listing leaves out, such as the rent roll, the leases and the operating statements.

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