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Restaurant Space with Outdoor Seating
For Sale
$65,000

119 W Palmetto Park Road, Boca Raton, FL 33432

A full kitchen and 2-COP license are in place, along with an outdoor seating area.

Property Size5,280 SF
Price / SF$43.33
Days on Market196

Property Features for 119 W Palmetto Park Road

General Information

Standard status Active
Size 5,280 SF
Property subtype COMMERCIAL

Additional Details

Patio Yes

Taxes and HOA fees

Annual Taxes $52,912

Building Details

Building Size 5,280 SF
Year Built 1958
Listing Agency: Premier Brokers International
Listed By: Jonathan Chen · License #3379652
Source: Scottandrachelle
Added: Apr 21 Changed: Nov 1 Last Checked: Nov 1 at 2:55PM

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 Premier Brokers International

Rey
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Investment Insights

Based on property information with market context.

This 1,500-square-foot restaurant space includes a full kitchen, outdoor seating and a 2-COP license. The building dates to 1958.

Located at 119 W Palmetto Park Road in Boca Raton, the property is within walking distance of Mizner Park.

Key Highlights

  • 1,500 square feet of restaurant space
  • Full kitchen in place
  • Outdoor seating area

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Häagen-Dazs Restaurant Tropical Smoothie Cafe Restaurant

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Mobile Phone Store Fish Market Farmer's Market Supermarket

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,832
Businesses Nearby
191k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 50% Shops & Services 24% Hotels & Casinos 14% Apparel 6%
Starbucks Dining
33,069 visits/mo 0.4 miles
Hyatt Place Boca Raton/Downtown Hotels & Casinos
26,377 visits/mo 0.2 miles
Flanigan's Seafood Bar & Grill Dining
23,347 visits/mo 0.2 miles
7-Eleven Shops & Services
18,485 visits/mo 0.1 miles
Burger King Dining
12,393 visits/mo 0.2 miles

Demographics for 33432, FL

22,061
Population
14,405
Households
1.5
Avg Household Size
52
Median Age
58%
College-Educated
95%
High-School Grad
4.6 sq mi
ZIP Area
4,796
Density / Sq Mi
$94,375
Median Household Income
$54,481
Median Earnings
$2,226
Median Rent
$943,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Frequently Asked Questions

What type of property is this?
Conventional restaurant - A full kitchen and 2-COP license are in place, along with an outdoor seating area.
Where is this conventional restaurant located?
The property is located at 119 W Palmetto Park Road Boca Raton, FL.
What is the asking price?
The asking price for this property is $65,000.
What are key features of this property?
This property features: 1,500 square feet of restaurant space; Full kitchen in place; Outdoor seating area
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