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

$489,000
Property Type: Commercial Sale Square Footage: 1,015 Status: Active
Current Price: $489,000 List Date: 6/19/2026 Last Modified: 9/25/2026

Overview

Description

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

Supplements: 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 a ...

Listing Details MLS# B26043065

General Property Information

Property Sub Type
Office
Number Of Units Total
Yes
Occupant Type
Owner
Building Area Main
1015
Building Area Source
Public Records
Year Built
1925
Year Built Details
Historic Building
Accessibility Features YN
No
Stories Total
8
Stories
8

Property Features

Building Features: Elevator(s); Lobby; Public Restroom(s); Reception Area; Restaurant Business Type: Commercial; Professional/Office Common Area Maintenance Includes: Exterior Maintenance; Fire Liability Insurance; Inside Insurance; Interior Electric; Interior Maintenance; Janitorial Service; Management Fees; Outside Insurance; Sewer; Trash Collection; Water Electric: Other Flooring: Laminate; Vinyl Heating: Other Location of Property: Central Business District; City Location; Corner Unit Parking Features: None Possession: Close Of Escrow Property Condition: Resale Special Listing Conditions: Standard Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Rail Description: No Rail Service Road Frontage Type: East of US-1 Traffic Type: Auto; Pedestrian; Medium Road Responsibility: Public Maintained Road Road Surface Type: Paved Roof: Built-Up Security Features: Fire Alarm; Smoke Detector(s) Sewer: Public Sewer Special Information: Sold As-Is Structure Type: Mixed Use; Office Utilities: Electricity Connected; Sewer Connected; Water Connected Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent

Contract Information

Comp Sale YN
No
Original List Price
499000
Negotiable Seller Concessions YN
No
Listing Service
Full Service

Location and Legal

Country
United States
County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
120
Street Direction Prefix
S
Street Name
Olive
Street Suffix
Avenue
Unit Number
703
City Name
West Palm Beach
Municipality Type
Incorporated
Municipal Code
74
State Or Province
FL
Postal Code
33401
Postal Code +4
5536
Area
5420
Geographic Area
PB20
Parcel Number
74434322400007030
Zoning
CWD-CD (city)
Directions
Okeechobee Blvd to South Olive Ave, turn North to property on the corner of Datura and South Olive Ave
Building Name
Guaranty Building
Property Description
OFFICE, MULTI-STORY

Financial Information

Association Fee
2217.27
Association Fee Frequency
Monthly
Tax Annual Amount
6611.86
Tax Year
2025
Tax Legal Description
GUARANTY BUILDING CONDOMINIUM UNIT 703 IN OR28162P1020

Status Change Information

Major Change Timestamp
2026-09-25T13:10:12Z
Major Change Type
Price Reduced
Price Change Timestamp
2026-09-25T13:10:12Z
Status Change Date
2026-06-19

More Information

Building and Property Details

# Of Offices
3
# Of Tenants
Yes
# Of Toilets
Yes
% Air Conditioned
100
Maximum Ceiling Height
9

Distance To Information

Miles to Beach
2
Miles to Expressway
2

Meter Information

Separate Electric Meters YN
No
Separate Gas Meters YN
No
Separate Water Meters YN
No

Originating Details

Originating System Key
20260616145520452448000000
Originating System ID
M00000170
IDX
Listing Office: Higher Standards Real Estate
Source MLS Verified
Last Updated: September - 25 - 2026
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.

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