Single-Story Medical Office
650 W Boynton Beach Blvd Boynton Beach, FL 33426
650 W Boynton Beach Blvd, Boynton Beach, FL, 33426
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For Sale
Contact for pricing
1989-built single-story medical office building on a C2 zoned site with frontage along West Boynton Beach Boulevard.
Property Size4,364 SF
Lot Size0.56 Acres
Price / SF$561.18
Days on Market108
Property Features for 650 W Boynton Beach Blvd
General Information
- Standard status
- Active
- Size
- 4,364 SF
- Lot size
- 0.56 Acres
- Property subtype
- Office
Building Details
- Year Built
- 1989
Listing agency
Vera Realty LLC
(305) 833-3303
Listed by
Nick Polyushkin · License #3453486
Source
Crexi
Added: Apr 6 Updated: Jul 22 at 6:17PM Checked: Jul 22 at 6:17PM
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 Vera Realty LLC
Investment Insights
Based on property information with market context.
This single-story medical office building was constructed in 1989 and includes approximately 4,364 square feet of functional medical office space. The property sits on a 0.56-acre parcel and offers a layout well-suited for healthcare providers or professional office uses, with opportunities to renovate, re-tenant, or reposition for future performance.
The site is positioned along West Boynton Beach Boulevard and benefits from strong visibility and accessibility, including convenient connectivity to Interstate 95. The surrounding area features a mix of retail centers with national tenants, restaurants, and dense residential communities, supporting ongoing demand for medical and service-oriented uses.
Zoned C2 (General Commercial), the property provides flexibility for a wide range of commercial uses. For an owner-user or investor, the combination of in-place usability, prominent corridor exposure, and zoning flexibility supports a value-add and long-term control strategy.
The site is positioned along West Boynton Beach Boulevard and benefits from strong visibility and accessibility, including convenient connectivity to Interstate 95. The surrounding area features a mix of retail centers with national tenants, restaurants, and dense residential communities, supporting ongoing demand for medical and service-oriented uses.
Zoned C2 (General Commercial), the property provides flexibility for a wide range of commercial uses. For an owner-user or investor, the combination of in-place usability, prominent corridor exposure, and zoning flexibility supports a value-add and long-term control strategy.
Key Highlights
- 1989‑built single‑story medical office building on a 0.56‑acre parcel
- Approximately 4,364 SF of medical office space with a functional layout for healthcare or professional services
- Frontage on W Boynton Beach Blvd along a highly trafficked corridor
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 | $199.0k | $45.60 |
| − Vacancy | −$44.8k | −$10.26 |
| EGI | $154.2k | $35.34 |
| − OpEx | −$38.6k | −$8.84 |
| NOI | $115.7k | $26.51 |
4,364 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.65M
$1.45M – $1.93M
NOI $115,668 @ 7.0% cap · market cap 4.72%
Second Best
Healthcare Medical
$821.4K
$718.8K – $958.3K
NOI $57,500 @ 7.0% cap · market cap 2.35%
Theoretical Best
Office A
$3.07M
$2.69M – $3.59M
NOI $215,136 @ 7.0% cap · market cap 8.78%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Palm Beach Smiles: ...
Dental Office
Palm Beach Smiles ...
Dental Office
Rev Up My ...
Advertising Agency
Dentist
Dental Office
Hardy Commercial Cleaners ...
Commercial Cleaning Service
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FAQs
What type of property is this?
Medical Office Space - 1989-built single-story medical office building on a C2 zoned site with frontage along West Boynton Beach Boulevard.
Where is this medical office space located?
The property is located at 650 W Boynton Beach Blvd Boynton Beach, FL.
What is the asking price?
The asking price for this property is $2,449,000.
What are key features of this property?
This property features: 1989‑built single‑story medical office building on a 0.56‑acre parcel; Approximately 4,364 SF of medical office space with a functional layout for healthcare or professional services; Frontage on W Boynton Beach Blvd along a highly trafficked corridor
