3307 Northlake Boulevard Palm Beach Gardens, FL 33403
SINGLE_FAMILY - Palm Beach Gardens, FL
Property Features for 3307 Northlake Boulevard
General Information
- Property type
- Residential
- Property subtype
- Office
- Zoning
- MXD (city)
- Parking
- 8
- Standard status
- Pending
- APN
- 52434218210021070
- Size
- 1,000 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- BANYAN PLACE CONDOMINIUM UNIT B107
- Tax Annual Amount
- 5614
Utilities
- Sewer type
- Public Sewer
- Heating system
- Central
- Cooling system
- Central Air
- Water source
- Public
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Number of units
- 1
- Flooring type
- Vinyl
- Building materials
- CBS
- Roof type
- Concrete
Listing agent Troy Maleyko License #3583569 (561) 831-8202
Listing office Illustrated Properties LLC (Co 2725 PGA Blvd., Palm Beach Gardens, FL (561) 626-7000
Listing date Mar 27, 2026
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The condominium is located on Northlake Boulevard in Palm Beach Gardens and is described as highly visible, with building signage. Parking is identified as strong, at 8.67 spaces per 1,000 square feet, supporting convenient day-to-day access for occupants and visitors.
As a professionally positioned office condo in a multi-use condominium setting, the offering provides an owner-occupant or investment buyer with a compact, manageable footprint inside Banyan Place.
Key Highlights
- Prime location on highly visible Northlake Boulevard in Palm Beach Gardens.
- Strong parking ratio of 8.67 spaces per 1,000 SF.
- Mixed‑use zoning allows for a broad range of approved uses.
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 | $45.6k | $45.60 |
| − Vacancy | −$10.3k | −$10.26 |
| EGI | $35.3k | $35.34 |
| − OpEx | −$8.8k | −$8.84 |
| NOI | $26.5k | $26.51 |
