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    123-135 E Palmetto Park Rd Boca Raton, FL 33432

    For Lease
    $65 SF/Yr

    Luxurious office tower with smart features and hyper-amenities.

    Property size:
    10,566 SF
    Lot size:
    1.31 Acres

    Property Features for 123-135 E Palmetto Park Rd

    General Information

    Size
    10,566 SF
    Lot size
    1.31 Acres

    Source: Colliers | Miami Agent Scott Brenner

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Trophy Office Tower in Boca

    The Aletto Offices at Sanborn Square will be the first trophy office tower built in downtown Boca Raton in the last 25 years. This property features luxurious design and smart-building technology, creating a distinctive work environment. Demolition is currently underway. The building is hyper-amenitized and includes two rooftop common areas and four on-site restaurants. Expansive private terraces are available. A fitness facility with shower facilities, including rooftop fitness, is provided. The location has a walk score of 99 and is surrounded by top retail, hotels, and restaurants. It offers access to the Brightline high-speed rail station. The advanced parking garage features a hospitality station for valet. Secure vehicle storage is available for hurricane situations. The building is planned to be LEED certified and Energy Star Certified. Generator readiness is available for private suites. Signage opportunities are available for high-profile tenants. There are 550 covered parking spaces with covered entry, and the building is impact resistant to 160mph. City and ocean views are available. Exclusive downtown golf cart transportation is available for tenants. Full-time security is provided. The property size is 10566 square feet.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0852005
    Latitude
    26.3507902

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    FAQs

    What type of property is this?
    Office building - Luxurious office tower with smart features and hyper-amenities.
    Where is this office building located?
    The property is located at 123-135 E Palmetto Park Rd Boca Raton, FL.
    What is the lease rate?
    The lease rate is $65 SF/Yr.
    What are key features of this property?
    This property features: - First trophy office tower built in downtown Boca Raton in 25 years, offering a luxurious and distinctive workstyle experience.; - Walk score of 99, surrounded by top retail, hotels, and restaurants, with access to Brightline high-speed rail.; - Four on-site restaurants and two rooftop common areas, including a fitness facility with shower facilities.
    (305) 359-3690
    Request Owner's contact information
    123-135 E Palmetto Park Rd Boca Raton, FL 33432
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    Boca Raton, FL 33432
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123-135 E Palmetto Park Rd Boca Raton, FL 33432
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