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Buy&Build (Commercial): PGA Blvd, Palm Beach, FL + $78,000,000

Updated: Feb 18

Commercial Investment Opportunity






Price

$78,000,000



OFF-MARKET TROPHY ASSEMBLAGE

Palm Beach Gardens, Florida Office Tower + Embassy Suites + Development Land

Approximately 12.5 Acres | PGA Blvd & I-95


Total Offering: $78,000,000

(3% Consultant Fee Included in the Price)


Embassy Suites – 4350 PGA Blvd

Price: $47,500,000

  • 161 Keys

  • TTM Revenue: Approximately $9.99M

  • TTM NOI: Approximately $2.62M

  • Cap Rate at $47.5M: Approximately 5.51%

  • 7,000 SF Restaurant Space Under LOI

  • Shared Lobby and Garage Infrastructure

  • 70% Ownership Interest in Adjacent 4.25-Acre Parcel

  • Direct I-95 and PGA Blvd Exposure

This is an institutional-quality hospitality asset located in one of South Florida’s most affluent and supply-constrained corridors. Strong in-place income with embedded operational and leasing upside.



Class A Office Tower – 4400 PGA Blvd

Price: $30,500,000

4

  • 10 Stories

  • 80,839 SF GLA

  • Current NOI: Approximately $1.62M

  • Projected NOI: $2.1M+

  • Recent 8,234 SF Lease at $44/SF MG (~$362K annually)

  • Additional 1,685 SF Under Contract

Stabilizing Class A office asset in the North Palm Beach submarket with active leasing momentum and long-term appreciation potential.


4.25 Acres – General Commercial Development Land

(70% Hotel Ownership / 30% Office Ownership)


  • 700+ Feet of I-95 Frontage

  • Zoned General Commercial

  • Suitable for Multifamily, Self-Storage, Mixed-Use, or Retail

  • FEMA Flood Zone B/X (Low to Moderate Risk)

  • Not Located in a Special Flood Hazard Area

Embedded development value within an income-producing assemblage positioned in a premier South Florida growth corridor.


Combined Investment Snapshot

  • Combined NOI (Hotel + Office): Approximately $4.45M+

  • Blended Cap Rate at $78M: Approximately 5.7%

  • Shared infrastructure creating operational efficiencies

  • High-visibility location in Palm Beach Gardens

  • Strong long-term land and redevelopment upside


This is a rare opportunity to acquire scale in Palm Beach Gardens — stabilized income, leasing momentum, and strategic development land within one cohesive assemblage.

Confidential Off-Market OfferingAll materials are proprietary and may not be redistributed without written consent.


Submit All Inquiries or Offers To: investments@promiselandrealtyllc.com


Property Financials:



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"Your #1 Source for Off Market Real Estate Properties, Nationwide"






PROMISE LAND REALTY, LLC

Work: 864-762-2509


All Off Market Properties are sold 'As-Is'. Buyer must do their due diligence. Sold on warranty deed. We are selling our assignable interest. You do NOT HAVE PERMISSION to market this property WITHOUT EXPRESSED WRITTEN CONSENT. Proof of Funds is required with all offers. Earnest Money Deposit due within 48 hours of accepted offer. Closings are done quickly and with a title company/closing attorney. Realtors add your fee on top.

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