Built-Out Medical Office
3355 BURNS Road #205, Palm Beach Gardens, FL 33410
For Sale
Contact for pricing
Existing clinical improvements are positioned across Burns Road from Palm Beach Gardens Medical Center.
Property Size1,675 SF
Price / SF$0.01
Days on Market52
Property Features for 3355 BURNS Road #205
General Information
Standard status
Size
Property subtype
Amenities
2.67 acres, 2 To Less Than 3 Acre Lot
Other Roof/Roof Structure
Public Sewer, Public Sanitation, Sewer
Parcel Number: 52434207240002050, Annual Amount: $6,704, Legal Description: GARDENS MEDICAL PARK COND UNIT 205, Year: 2025, Zoning: PO (city)
Central Individual A/C
Central
Listing ID: B26079552, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-09-23, 44 days on market, Special Conditions: Lease
100 total parking spaces
Built in 1985, Living area: 1675, Living area units: Square Feet, Construction Materials: Concrete Block Construction
County/Parish: Palm Beach County
Leasable area units: Square Feet
Paved Road
Electricity Available, Water Source: Public, Other Electric
Rental Agreement
Frontage Type: Paved Road, Road Surface: Paved Road, Paved
Smoke Alarm, Fire Alarm
Building Details
Year Built
Listing Agency:
Johnston Group Real Estate Serv
(561) 691-4522
Listed By:
Zachary Pergeorelis · License FL #3423565
(561) 262-0846
Source:
Riserealty
Added: Sep 23
Changed: Nov 12
Last Checked: Nov 12 at 8:28AM
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 Johnston Group Real Estate Serv
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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.
This 1,675-square-foot medical office suite has an existing medical build-out and was previously used by an ophthalmologist. The property was built in 1985.
At 3355 Burns Road, Unit 205, in Palm Beach Gardens, the suite is directly across the street from Palm Beach Gardens Medical Center.
At 3355 Burns Road, Unit 205, in Palm Beach Gardens, the suite is directly across the street from Palm Beach Gardens Medical Center.
Key Highlights
- 1,675‑square‑foot medical office suite
- Existing medical build‑out
- Previously occupied by an ophthalmologist
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$25,643
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,860
$512.9K
Cap Rate 7%
$366,329
$366.3K
Cap Rate 9%
$284,922
$284.9K
Market Conditions
NOI Build-Up for 1,675 SF
Gross rent
$45.2K $27.00/SF
− Vacancy
−$2.5K −$1.49/SF
EGI
$42.7K $25.51/SF
− OpEx
−$17.1K −$10.21/SF
NOI
$25.6K $15.31/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$512,860
Cap Rate 7%
$366,329
Cap Rate 9%
$284,922
Alternative Uses
Best Use
Office B
$763.3K
$667.9K – $890.6K
NOI $53,433 @ 7.0% cap
Second Best
Healthcare Medical
$366.3K
$320.5K – $427.4K
NOI $25,643 @ 7.0% cap
Theoretical Best
Office A
$1.18M
$1.03M – $1.38M
NOI $82,574 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,302
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 33410, FL
35,946
Population
17,830
Households
2
Avg Household Size
47
Median Age
47%
College-Educated
95%
High-School Grad
11.4 sq mi
ZIP Area
3,153
Density / Sq Mi
$96,059
Median Household Income
$47,169
Median Earnings
$2,193
Median Rent
$469,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Medical Office Space in Palm Beach County, FL
Properties on Market for Medical Office Space in Palm Beach County
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing clinical improvements are positioned across Burns Road from Palm Beach Gardens Medical Center.
Where is this medical office space located?
The property is located at 3355 BURNS Road #205 Palm Beach Gardens, FL.
What are key features of this property?
This property features: 1,675‑square‑foot medical office suite; Existing medical build‑out; Previously occupied by an ophthalmologist
