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255 Royal Poinciana Way, Palm Beach, FL 33480

$11,800,000
Property Type: Commercial Sale Square Footage: 4,213 Lot Size (sq. ft.): 2,614 Status: Active
Current Price: $11,800,000 List Date: 11/18/2025 Last Modified: 2/18/2026

Description

255 Royal Poinciana Way is beautifully situated in the civic heart of Palm Beach, offering a rare combination of commercial and residential use in today's market. The 1st floor (2,000+ SF) is currently leased as a retail store, and the 2nd floor (2,000+ SF) is a newly and fully renovated, spectacular 4 BR / 4.1 BA residence, nicely perched overlooking Royal Poinciana Way to the south and The Breakers Hotel to the east. Both spaces are fully leased at top rental rates. With the growing demand for flexible spaces, this offering of commercial and private residential use makes the property more appealing than ever, with its high visibility, strong customer traffic, and proximity to The Royal, The Breakers Hotel, and The White Elephant Hotel.

Supplements: An exceptional opportunity to secure a prime location in Palm Beach.

More Information MLS# R11141760

Contract Information

Comp Sale YN: No Listing Contract Date: 2025-11-18 Status: Active Original List Price: 11800000 List Price: $11,800,000 Current Price: $11,800,000

Location and Legal

County Or Parish: Palm Beach County Parish Name: Palm Beach City Name: Palm Beach Postal Code: 33480 Geographic Area: PB30 Property Description: Retail & ResCondo Country: United States Street Number: 255 Street Name: Royal Poinciana Street Suffix: Way State Or Province: FL Area: 5002 Parcel Number: 50434322320000130 Zoning: C-TS

General Property Information

Lot Size Area: 2613.6 Stories: 2 Property Sub Type: Mixed Use Building Area Main: 4213 Building Area Source: Public Records Year Built: 1925 Lot Size Acres: 0.06

Currently Not Used

Number Of Units Total: 2

Remarks and Miscellaneous

Public Historical Remarks: Building Type: Y

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: 1

Flooring

Marble: 1 Wood: 1 Other: 1

Structure Type

Retail: 1

Tenant Pays

Cable TV: 1 Electricity: 1 Insurance: 1 Repairs: 1

Location of Property

Beach Access: 1

Possession

Close Of Escrow: 1

Utilities

Cable Available: 1

Building and Property Details

# Of Toilets: 4 % Air Conditioned: 100 Maximum Ceiling Height: 10

Heating

Central: 1 Other: 1

Sale Includes

Building: 1

Construction Materials

CBS: 1

Listing Terms

Cash: 1 Conventional: 1

Roof

Other: 1

Security Features

Fire Alarm: 1

Water Source

Public: 1

Description of Unit Type 1

Unit Type: Shop(s) Half Baths: 1

Description of Unit Type 2

Unit Type: 4 Bedroom Or More Full Baths: 4 Half Baths: 1

Cooling

Central Air: 1

Showing Requirements

Call Listing Agent: 1 Occupied: 1 Text Listing Agent: 1

Price Calculations

Current Price To SqFt: 2800.85

Financial Information

Tax Annual Amount: 41659 Tax Year: 2025 Tax Legal Description: FLORAL PARK ADD NO 1 LT 13 & W 2 FT OF LT 14

Status Change Information

Major Change Timestamp: 2025-11-18T21:44:32Z Major Change Type: New Listing Status Change Date: 2025-11-18

Originating Details

Originating System Key: 20251118210626568166000000 Originating System ID: M00000170

Property Features

Electric: Three Phase Flooring: Marble; Wood; Other Heating: Central; Other Location of Property: Beach Access Possession: Close Of Escrow Sale Includes: Building Tenant Pays: Cable TV; Electricity; Insurance; Repairs Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Roof: Other Security Features: Fire Alarm Structure Type: Retail Utilities: Cable Available Water Source: Public Showing Requirements: Call Listing Agent; Occupied; Text Listing Agent
Listing Office: Douglas Elliman
Last Updated: February - 18 - 2026
255 Royal Poinciana Way, Palm Beach, FL 33480- MLS# R11141760
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