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2422 N MILITARY Trail, West Palm Beach, FL

New Listing

$4,800,000

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https://www.propertypanorama.com/2422-N-MILITARY-Trail-West-Palm-Beach-FL/unbranded

Property Type: Commercial Sale Square Footage: 4,950 Status: Active

Current Price: $4,800,000 List Date: 8/24/2026 Last Modified: 8/24/2026

Overview

Description

Commercial Property and Vacant Land Opportunity - 1.47 Acres. Excellent opportunity to acquire two combined parcels at 2422 N Military Trail and 4382 Annette Street in West Palm Beach, Florida. The offering consists of an approximately 4,950-square-foot commercial building and an adjoining vacant lot, providing a combined site area of approximately 1.47 acres. The property offers flexibility for an owner-user, an investor, a business operator, or a redevelopment project. The additional vacant land provides valuable space for potential expansion, additional parking, outdoor storage, or new construction, subject to applicable zoning and governmental approvals. Conveniently located along the established N Military Trail corridor with access to major roadways, shopping, businesses, residential

Listing Details MLS# B26068002

General Property Information

Number Of Buildings: Yes
Property Sub Type: Mixed Use
Number Of Units Total: Yes
Occupant Type: Tenant
Building Area Main: 4950
Building Area Source: Appraiser
Year Built: 1975
Parking Total: 20
Lot Size Area: 26612
Lot Size Acres: Yes
Accessibility Features YN: Yes
Stories Total: Yes
Stories: Yes

Property Features

Building Features: Exterior Lighting; Private Restroom(s); Separate Office Area; Separate Warehouse Area Business Type: Accounting; Animal Grooming; Appliances; Arts and Entertainment; Auto Body; Auto Dealer; Auto Parts; Auto Rent/Lease; Auto Service; Auto Tires; Auto Wrecking; Car Wash; Commercial; Dance Studio; Fitness; Furniture; Industrial; Landscaping; Locksmith; Paints; Photographer; Professional Service; Retail; Storage; Upholstery; Warehouse Ceiling: Acoustic Documents Available: Contracts; Copy Of Lease(s); Enviro. Aud-PH1; Existing Survey; Rent Rolls Electric: 200+ Amp Service Fencing: Back Yard Flooring: Concrete; Terrazzo Foundation Details: Block Heating: Central; Central Building Location of Property: City Location; Corner Lot; Industrial Park; Near Business Park Parking Features: Assigned; Guest Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building Special Listing Conditions: Standard Sprinkler Description: None Source Of Expenses: Accountant Provided; Owner Provided Tenant Pays: Cable TV; Electricity; Exterior Electric Construction Materials: CBS; Concrete; Concrete Block - No Stucco Cooling: Central Air; Central Building Listing Terms: Cash; Lease Back Lot Features: Corner Lot Road Frontage Type: City Street; County Road Traffic Type: Heavy Road Responsibility: Public Maintained Road Road Surface Type: Asphalt; Paved Roof: Other Security Features: Building Security; Fire Alarm Sewer: Public Sewer Structure Type: Industrial; Office; Warehouse Utilities: Other Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany; Schedule Online Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 48000000
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
Street Number: 2422
Street Direction Prefix: N
Street Name: MILITARY
Street Suffix: Trail
Municipality Type: Unincorporated
Municipal Code: 00
State Or Province: FL
Postal Code: 33409
Postal Code +4: 2907
Area: 5410
Geographic Area: PB23
Parcel Number: 00424324100000260
Subdivision Number: 10
Zoning: CG
Flood Zone: X
Property Description: STORES, ONE STORY

Financial Information

Tax Annual Amount: 13512.92
Tax Year: 2025
Tax Assessed/SOH Value: 746532
Tax Legal Description: MILITARY PARK HALLS ADD~ LTS 26 & 27 (LESS W 35 FT SR 809 R/W) & LTS 28 THRU 30
Assessor Market Value: 940615

Status Change Information

Major Change Timestamp: 2026-08-24T22:08:29Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-08-24T22:08:29Z
Status Change Date: 2026-08-24

More Information

Building and Property Details

# Of Toilets: 2
% Air Conditioned: 100
Maximum Ceiling Height: 32

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 2
Separate Gas Meters YN: Yes
Number Of Separate Gas Meters: 2
Separate Water Meters YN: No
Number Of Meters Total: Yes

Income and Expenses

Annual Total Expense: 35000
Gross Income: 168000
Insurance Expense: 5000
Maintenance Expense: 7000
Manager Expense: 8000

Originating Details

Originating System Key: 20260824211955298144000000
Originating System ID: M00000170

Currently Not Used

Ownership Type: Other Ownership

Office/Member Information

DXORIGMLSID: RML

Electric

200+ Amp Service: Yes

Flooring

Concrete: Yes
Terrazzo: Yes

Foundation Details

Block: Yes

Parking Features

Assigned: Yes
Guest: Yes

Property Condition

Resale: Yes

Special Listing Conditions

Standard: Yes

Documents Available

Contracts: Yes
Copy Of Lease(s): Yes
Enviro. Aud-PH1: Yes
Existing Survey: Yes
Rent Rolls: Yes

Fencing

Back Yard: Yes

Structure Type

Industrial: Yes
Office: Yes
Warehouse: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Exterior Electric: Yes

Location of Property

City Location: Yes
Corner Lot: Yes
Industrial Park: Yes
Near Business Park: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Other: Yes

Building Features

Exterior Lighting: Yes
Private Restroom(s): Yes
Separate Office Area: Yes
Separate Warehouse Area: Yes

Business Type

Accounting: Yes
Animal Grooming: Yes
Appliances: Yes
Arts and Entertainment: Yes
Auto Body: Yes
Auto Dealer: Yes
Auto Parts: Yes
Auto Rent/Lease: Yes
Auto Service: Yes
Auto Tires: Yes
Auto Wrecking: Yes
Car Wash: Yes
Commercial: Yes
Dance Studio: Yes
Fitness: Yes
Furniture: Yes
Industrial: Yes
Landscaping: Yes
Locksmith: Yes
Paints: Yes
Photographer: Yes
Professional Service: Yes
Retail: Yes
Storage: Yes
Upholstery: Yes
Warehouse: Yes

Ceiling

Acoustic: Yes

Heating

Central: Yes
Central Building: Yes

Sale Includes

Building: Yes

Sprinkler Description

None: Yes

Construction Materials

CBS: Yes
Concrete: Yes
Concrete Block - No Stucco: Yes

Listing Terms

Cash: Yes
Lease Back: Yes

Lot Features

Corner Lot: Yes

Road Frontage Type

City Street: Yes
County Road: Yes

Road Responsibility

Public Maintained Road: Yes

Road Surface Type

Asphalt: Yes
Paved: Yes

Roof

Other: Yes

Security Features

Building Security: Yes
Fire Alarm: Yes

Water Source

Public: Yes

Source Of Expenses

Accountant Provided: Yes
Owner Provided: Yes

Cooling

Central Air: Yes
Central Building: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes
Schedule Online: Yes

Traffic Type

Heavy: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Listing Office: Ibero Property Management & Real Estate Services

Last Updated: August - 24 - 2026

Broker Attribution: dwayne@iberopropertymgmt.com

This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

2422 N MILITARY Trail, West Palm Beach, FL (MLS# B26068002)