Office-Configured Flex
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For Sale
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1599 SW 30th Avenue #8, Boynton Beach, FL 33426
The unit combines a climate-controlled office, private restroom, and warehouse area for commercial operations.
Property Size1,200 SF
Price / SF$2.49
Days on Market5
Property Features for 1599 SW 30th Avenue #8
General Information
Standard status
Active
Size
1,200 SF
Total Parking Spaces
4
Property subtype
Industrial
Zoning
M1
Amenities
air-conditioned office
private bathroom
high-clearance roll-up door
Building Details
Year Built
1990
Listing Agency:
Sutter & Nugent LLC
(561) 249-7266
Listed By:
Jeffrey Charles Skulnik · License #3319745
(561) 504-5033
Source:
Lehmannflorida
Added: Oct 31
Changed: Nov 3
Last Checked: Nov 3 at 2:33PM
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 Sutter & Nugent LLC
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Investment Insights
Based on property information with market context.
This 1,200-square-foot flex unit pairs an air-conditioned office and private bathroom with warehouse space. A high-clearance roll-up door supports loading and equipment entry, and the property was built in 1990. The unit is zoned M1, with light industrial uses subject to approval.
Four parking spaces are provided for the property.
Four parking spaces are provided for the property.
Key Highlights
- 1,200‑square‑foot flex unit with office and warehouse areas
- Air‑conditioned office and private bathroom
- High‑clearance roll‑up door for loading and equipment access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$12,955
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,100
$259.1K
Cap Rate 7%
$185,071
$185.1K
Cap Rate 9%
$143,944
$143.9K
Market Conditions
NOI Build-Up for 1,200 SF
Gross rent
$19.6K $16.32/SF
− Vacancy
−$1.1K −$0.90/SF
EGI
$18.5K $15.42/SF
− OpEx
−$5.6K −$4.63/SF
NOI
$13.0K $10.80/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$16.32 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$259,100
Cap Rate 7%
$185,071
Cap Rate 9%
$143,944
Alternative Uses
Best Use
Flex RnD
$377.1K
$329.9K – $439.9K
NOI $26,395 @ 7.0% cap · market cap 883.96%
Second Best
Warehouse
$224.7K
$196.6K – $262.2K
NOI $15,731 @ 7.0% cap · market cap 526.83%
Theoretical Best
Office A
$845.1K
$739.5K – $986.0K
NOI $59,158 @ 7.0% cap · market cap 1,981.18%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
545
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 33426, FL
25,155
Population
12,500
Households
2
Avg Household Size
43
Median Age
32%
College-Educated
91%
High-School Grad
6.1 sq mi
ZIP Area
4,124
Density / Sq Mi
$76,328
Median Household Income
$43,992
Median Earnings
$1,981
Median Rent
$298,500
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
Similar Off Market Nearby
- CateringCC — 1599 SW 30th Ave, Boynton Beach, FL 33426
Frequently Asked Questions
What type of property is this?
Flex space - The unit combines a climate-controlled office, private restroom, and warehouse area for commercial operations.
Where is this flex space located?
The property is located at 1599 SW 30th Avenue #8 Boynton Beach, FL.
What are key features of this property?
This property features: 1,200‑square‑foot flex unit with office and warehouse areas; Air‑conditioned office and private bathroom; High‑clearance roll‑up door for loading and equipment access
