Freestanding Ground-Level Office
1230 S Federal Highway #101 102, Boynton Beach, FL
For Sale
$700,000
Ground-level office space offers convenient entry with parking located steps from the office door.
Property Size1,628 SF
Price / SF$429.98
Days on Market63
Property Features for 1230 S Federal Highway #101 102
General Information
Standard status
Size
Property subtype
Additional Details
Floor
Road Access
Office Units
Taxes and HOA fees
Annual Taxes
Amenities
Central air
Carpet Flooring
Central Air Cooling
Central Heating
Free Parking
Tile Roof
Volts110
Building Details
Year Built
Listing Agency:
HUDSON REALTY OF THE PLM BCHS
Listed By:
JAMES HUDSON · License FL B26073741
(561) 371-4251
Source:
Corcoran
Added: Sep 9
Changed: Nov 8
Last Checked: Nov 8 at 5:26AM
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 HUDSON REALTY OF THE PLM BCHS
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Office Units 101 and 102 comprise a freestanding, ground-level office property with 1,628 square feet of combined space. The layout provides direct access from the parking area, with parking positioned steps from the office entrance. Built in 1982, the property offers a dedicated office setting rather than space within a larger multitenant building.
The property is located at 1230 S Federal Highway in Boynton Beach, with frontage along South Federal Highway and a high-traffic setting. Its East Boynton Beach location provides exposure from a well-traveled commercial corridor.
The property is located at 1230 S Federal Highway in Boynton Beach, with frontage along South Federal Highway and a high-traffic setting. Its East Boynton Beach location provides exposure from a well-traveled commercial corridor.
Key Highlights
- Office Units 101 and 102 with 1,628 square feet combined
- Freestanding, ground‑level office configuration
- Parking located steps from the office entrance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$51,934
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,680
$1.0M
Cap Rate 7%
$741,914
$741.9K
Cap Rate 9%
$577,044
$577.0K
Market Conditions
NOI Build-Up for 1,628 SF
Gross rent
$81.5K $50.04/SF
− Vacancy
−$12.2K −$7.51/SF
EGI
$69.2K $42.53/SF
− OpEx
−$17.3K −$10.63/SF
NOI
$51.9K $31.90/SF
Area
Palm Beach County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,038,680
Cap Rate 7%
$741,914
Cap Rate 9%
$577,044
Alternative Uses
Best Use
Office B
$741.9K
$649.2K – $865.6K
NOI $51,934 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.15M
$1.00M – $1.34M
NOI $80,257 @ 7.0% cap · market cap 11.47%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
2
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,470
Businesses Nearby
Explore this area
Business Placement
Market
Average Price Trend$/SF for Office Units in Palm Beach County, FL
Properties on Market for Office Units in Palm Beach County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Ground-level office space offers convenient entry with parking located steps from the office door.
Where is this office unit located?
The property is located at 1230 S Federal Highway #101 102 Boynton Beach, FL.
What is the asking price?
The asking price for this property is $700,000.
What are key features of this property?
This property features: Office Units 101 and 102 with 1,628 square feet combined; Freestanding, ground‑level office configuration; Parking located steps from the office entrance
