Turnkey Office Condo
For Sale
$579,900
9200 Belvedere Road, Royal Palm Beach, FL
SINGLE_FAMILY - Royal Palm Beach, FL
Property Size1,230 SF
Price / SF$471.46
Days on Market116
Property Features for 9200 Belvedere Road
General Information
Property type
Residential
Property subtype
Office
Zoning
IL(cit
Parking
10
Security features
Security System
Subdivision
5580
Standard status
Active
APN
72424331100032070
Size
1,230 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
ROYAL PALM BUSINESS PLAZA CONDO UNIT C207
Tax Annual Amount
5493
HOA Fee
$1,252 Quarterly
Legal Description
ROYAL PALM BUSINESS PLAZA CONDO UNIT C207
Utilities
Utilities
Cable Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air, Electric
Water source
Public
Building Details
Year built
2007
Floors in Building
2
Number of units
1
Flooring type
Tile
Building materials
CBS
Listing Agency:
United Realty Group Inc
(561) 868-1930
Listed By:
Jeremy Dysch · License #3067579
(561) 351-6843
Added: Apr 13
Changed: Jul 21
Last Checked: Aug 6 at 11:06AM
MLS# B26014706
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This turnkey boutique office condo suite is designed for a professional, private work environment. The layout includes four private executive offices, a polished conference room, and an open collaboration space. Two well-appointed bathrooms support day-to-day convenience, and the suite is offered with furnished finishes intended to allow immediate occupancy.
The property is located at 9200 Belvedere Road in Royal Palm Beach, Florida. Zoning is listed as IL(cit, and the suite size is 1,230 square feet.
For buyers seeking a ready-to-operate office setup, the configuration supports both focused individual work and team meetings within the same space. The combination of private offices, a dedicated conference area, and collaborative common space can fit professional service users who want a functional office layout without the delays of new build-out. Seller financing is available.
The property is located at 9200 Belvedere Road in Royal Palm Beach, Florida. Zoning is listed as IL(cit, and the suite size is 1,230 square feet.
For buyers seeking a ready-to-operate office setup, the configuration supports both focused individual work and team meetings within the same space. The combination of private offices, a dedicated conference area, and collaborative common space can fit professional service users who want a functional office layout without the delays of new build-out. Seller financing is available.
Key Highlights
- Boutique office condo suite built in 2007
- Includes four private executive offices, a conference room, and an open collaboration space
- Two bathrooms within the suite
Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $56.1k | $45.60 |
| − Vacancy | −$12.6k | −$10.26 |
| EGI | $43.5k | $35.34 |
| − OpEx | −$10.9k | −$8.84 |
| NOI | $32.6k | $26.51 |
1,230 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$465.7K
$407.5K – $543.4K
NOI $32,601 @ 7.0% cap · market cap 5.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$866.2K
$758.0K – $1.01M
NOI $60,636 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Office units
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
494
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - Move-in ready office suite with four private offices, a conference room, collaboration space, and two restrooms.
Where is this office units located?
The property is located at 9200 Belvedere Road Royal Palm Beach, FL.
What is the asking price?
The asking price for this property is $579,900.
What are key features of this property?
This property features: Boutique office condo suite built in 2007; Includes four private executive offices, a conference room, and an open collaboration space; Two bathrooms within the suite
