Traditional Office
111-2560 Rca Blvd Palm Beach Gardens, FL 33410
111-2560 Rca Blvd, Palm Beach Gardens, FL, 33410
$705,000
For Sale
$705,000
Traditional office suite with five private offices, a conference room, kitchen, and bathroom.
Property Size1,484 SF
Price / SF$475.07
Days on Market148
Property Features for 111-2560 Rca Blvd
General Information
- Standard status
- Active
- Size
- 1,484 SF
Listing agency
Johnston Group Real Estate Services LLC
(561) 262-0846
Listed by
Zachary Pergeorelis · License #3423565
(561) 262-0846
Source
Exprealty
Added: Feb 23 Updated: Jul 20 at 6:57PM Checked: Jul 20 at 6:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Johnston Group Real Estate Services LLC
Investment Insights
Based on property information with market context.
This 1,484 SF traditional office suite is currently configured for a law office and includes five private offices, one conference room, one kitchen, and one bathroom. The interior layout is designed to support both individual workspaces and client meetings.
Located in Palm Beach Gardens, the property offers a professional setting within a 3-mile radius that includes more than 32,000 residents with an average household income exceeding $115,000.
The suite’s existing configuration makes it well-suited for an office user looking for multiple enclosed offices plus a dedicated conference room.
Located in Palm Beach Gardens, the property offers a professional setting within a 3-mile radius that includes more than 32,000 residents with an average household income exceeding $115,000.
The suite’s existing configuration makes it well-suited for an office user looking for multiple enclosed offices plus a dedicated conference room.
Key Highlights
- 1,484 SF traditional office suite currently configured as a law office
- Includes five (5) private offices for attorney/staff use
- Conference room plus kitchen and one (1) bathroom
Local 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 | $67.7k | $45.60 |
| − Vacancy | −$15.2k | −$10.26 |
| EGI | $52.4k | $35.34 |
| − OpEx | −$13.1k | −$8.84 |
| NOI | $39.3k | $26.51 |
1,484 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$561.9K
$491.7K – $655.6K
NOI $39,333 @ 7.0% cap · market cap 5.58%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.05M
$914.5K – $1.22M
NOI $73,158 @ 7.0% cap · market cap 10.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Office Units
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FAQs
What type of property is this?
Office units - Traditional office suite with five private offices, a conference room, kitchen, and bathroom.
Where is this office units located?
The property is located at 111-2560 Rca Blvd Palm Beach Gardens, FL.
What is the asking price?
The asking price for this property is $705,000.
What are key features of this property?
This property features: 1,484 SF traditional office suite currently configured as a law office; Includes five (5) private offices for attorney/staff use; Conference room plus kitchen and one (1) bathroom
