Second-Floor Medical Office
2900 N Military Trail Unit 244 Boca Raton, FL 33431
2900 N Military Trail Unit 244, Boca Raton, FL, 33431
$1,200,000
For Sale
$1,200,000
Second-floor medical office in an elevator building with six patient rooms, dedicated lab, and multiple office and support areas.
Property Size2,500 SF
Price / SF$480
Days on Market445
Property Features for 2900 N Military Trail Unit 244
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Office
Building Details
- Year Built
- 1985
Listing Agency
Compass Florida LLC
(561) 674-6555
Listed by
Kevin West · License #3186027
(561) 674-6555
Source
Xome
Added: Apr 30, 2025 Checked: Jul 18 at 2:57 am
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 Compass Florida LLC
Investment Insights
Based on property information with market context.
Second-floor medical office suite within an elevator building, designed for efficient patient flow and day-to-day operations. The space includes six patient rooms, two offices, a dedicated lab, and an organized reception area with a welcoming waiting room. Additional support space includes a back office with four workstations, along with a kitchen and two bathrooms.
Located at 2900 N Military Trail, just north of Glades Road, the suite benefits from convenient access and plenty of parking for patients and staff.
The layout combines front-of-house reception and waiting space with treatment and work areas, making it well suited for medical practices seeking a ready-to-operate office configuration.
Located at 2900 N Military Trail, just north of Glades Road, the suite benefits from convenient access and plenty of parking for patients and staff.
The layout combines front-of-house reception and waiting space with treatment and work areas, making it well suited for medical practices seeking a ready-to-operate office configuration.
Key Highlights
- 2,500 sq ft medical office on the second floor of an elevator building
- Includes six patient rooms, a dedicated lab, reception area, and waiting room
- Back office includes four workstations, plus two additional offices and a kitchen
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 | $114.0k | $45.60 |
| − Vacancy | −$25.7k | −$10.26 |
| EGI | $88.4k | $35.34 |
| − OpEx | −$22.1k | −$8.84 |
| NOI | $66.3k | $26.51 |
2,500 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$946.6K
$828.3K – $1.10M
NOI $66,263 @ 7.0% cap · market cap 5.52%
Second Best
Healthcare Medical
$470.6K
$411.8K – $549.0K
NOI $32,940 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $123,245 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Yihong Joy Hao, ...
Physician
Mitchell Epstein, DMD
Dental Office
Lynn Rosen Lampert, ...
Physician
Rosen Amy R
Physician
Alper Mark
Physician
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FAQs
What type of property is this?
Medical Office Space - Second-floor medical office in an elevator building with six patient rooms, dedicated lab, and multiple office and support areas.
Where is this medical office space located?
The property is located at 2900 N Military Trail Unit 244 Boca Raton, FL.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: 2,500 sq ft medical office on the second floor of an elevator building; Includes six patient rooms, a dedicated lab, reception area, and waiting room; Back office includes four workstations, plus two additional offices and a kitchen
