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Freestanding Medical Office Building
New
For Sale
$5,000,000

3196 N FEDERAL Highway, Boca Raton, FL 33431

Renovated medical office property configured for one occupant across two interior spaces.

Property Size3,995 SF
Price / SF$1,251
Days on Market4

Property Features for 3196 N FEDERAL Highway

General Information

Standard status Active
Size 3,995 SF
Property subtype Commercial
Occupancy 100%

Taxes and HOA fees

Annual Taxes $28,463

Amenities

Central air
Amps200OrMore
Central Air Cooling
Central Heating
Common
Concrete Flooring
Free Parking
Other Roof
Tile Flooring

Building Details

Year Built 1974
Buildings 1
Tenancy Single
Owner Occupied No
Listing Agency: THE KEYES COMPANY
Listed By: MARGARET M GRAHAM · License #B26061247
Source: Corcoran
Added: Aug 7 Changed: Aug 9 Last Checked: Aug 10 at 5:14AM

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 THE KEYES COMPANY

Investment Insights

Based on property information with market context.

This freestanding medical office property contains 3,995 square feet and is arranged as two interior spaces currently used by a single occupant. A comprehensive renovation updated the interior for modern medical-office operations.

Built in 1974, the property is located on N Federal Highway in Boca Raton, Florida. Its standalone building format and existing medical-office configuration provide a clear physical identity for continued use.

Key Highlights

  • 3,995‑square‑foot freestanding medical office property
  • Single occupant currently uses both interior spaces
  • Comprehensive interior renovation completed

Property Analytics

Current Use

Doctor's office Hospital Lavi MD Medical Clinic Dr. Isidro Pentzke Medical Clinic Dr. Brad Lipson Physician Natalia Natalia Physician

Suggested Use

Top Pick Catering Service (Bike/Boat/Book/etc) Store Daycare Center Tanning Salon Veterinary Clinic Parking Lot & Garage

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

Lease Details

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

2,154
Businesses Nearby
Under-served
Demand for This Use

Demographics for 33431, FL

22,047
Population
9,005
Households
2.4
Avg Household Size
33
Median Age
58%
College-Educated
94%
High-School Grad
8.3 sq mi
ZIP Area
2,656
Density / Sq Mi
$103,252
Median Household Income
$23,794
Median Earnings
$2,361
Median Rent
$575,700
Median Home Value

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
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Similar Off Market Nearby

  • Joni Grooming Spa & Boutique 2220 N Federal Hwy, Boca Raton, FL 33431

Frequently Asked Questions

What type of property is this?
Medical Office Space - Renovated medical office property configured for one occupant across two interior spaces.
Where is this medical office space located?
The property is located at 3196 N FEDERAL Highway Boca Raton, FL.
What is the asking price?
The asking price for this property is $5,000,000.
What are key features of this property?
This property features: 3,995‑square‑foot freestanding medical office property; Single occupant currently uses both interior spaces; Comprehensive interior renovation completed
More about this property
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