Third-Floor Office
New
For Sale
Contact for pricing
702 S DIXIE Highway, Lake Worth, FL 33460
Shell delivery and a balcony give occupants flexibility to plan the interior around their operations.
Property Size2,999 SF
Price / SF$0.02
Days on Market4
Property Features for 702 S DIXIE Highway
General Information
Standard status
Active
Size
2,999 SF
Property subtype
Commercial
Space & Availability
Floor
3
Condition
Shell
Additional Details
Property Use
Office
Amenities
private balcony
Square Feet: 8975, Acres: 0.21, Features: City Location, Commerce Park, County Location, Less Than 1/4 Acre Lot, Less Than 1 Acre
Roof: Curved/S-Tile Roof
Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
Parcel Number: 38434421152210071, Tax Annual Amount: $4,096, Tax Legal Description: LAKE WORTH TOWN OF N 19.51 FT OF LT 7 (LESS W 10 FT SR 805 R/W) & LT 8 (LESS W 2.20 FT~ NWLY TRGLR PAR SR 805 & 7TH AVE R/WS) BLK 221, Tax Year: 2025
Flooring: Vinyl
Cooling: Central Air
Heating: Central
Business Type: Business, Other, Retail, Office/Warehouse Combination, Office Space, Lease Considered, Special Listing Conditions: Lease, Standard Status: Active
Parking Total: 15, Features: Assigned, Awning, Covered, Guest
New Construction, Construction Materials: Concrete Block Construction, Levels: 1, Stories: 3, Year Built: 2026, Year Built Details: New Construction, Building Area Total: 10000, Building Features: Balconies, Structure Type: Commercial Condo, Commercial, Office/Retail, Office, Professional
County Or Parish: Palm Beach County
Leasable Area Units: Square Feet, Leasable Area: 2999, Property Condition: New Construction
Features: Paved Road
Electric On Property YN: t, Electric: 110 Volts Power, Utilities: Cable Connected, Phone Connected, Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
Possession: Funding, Long Closing Preferred, Negotiable
Tenant Pays: Common Area Maintenance
Water Source: Public
Road Frontage Type: Paved Road, Road Surface Type: Paved Road, Paved
Features: Balcony
Features: Fire Sprinklers, Elevator
Features: Smoke Alarm, Smoke Detector(s), Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Smoke Detector, Building Security, Secured Garage/Parking
Building Details
Year Built
2026
Buildings
1
Stories
3
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Jamie Beale, CCIM · License #3605837
(561) 215-8464
Source:
Riserealty
Added: Oct 23
Changed: Oct 26
Last Checked: Oct 26 at 4:07PM
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 LPT Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The full third floor of a three-story office building offers 2,999 SF in shell condition, allowing the interior layout and finishes to be planned for the occupant. The space includes a balcony. Pre-leasing is underway, with completion anticipated in January 2027.
A parking garage occupies the ground level, and a law firm is slated for the second floor. The property is at 702 S Dixie Highway in Lake Worth Beach, Florida.
A parking garage occupies the ground level, and a law firm is slated for the second floor. The property is at 702 S Dixie Highway in Lake Worth Beach, Florida.
Key Highlights
- Entire third floor: 2,999 SF
- Shell delivery allows for a custom interior layout and finishes
- Balcony included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$79,488
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,589,760
$1.6M
Cap Rate 7%
$1,135,543
$1.1M
Cap Rate 9%
$883,200
$883.2K
Market Conditions
NOI Build-Up for 2,999 SF
Gross rent
$136.8K $45.60/SF
− Vacancy
−$30.8K −$10.26/SF
EGI
$106.0K $35.34/SF
− OpEx
−$26.5K −$8.84/SF
NOI
$79.5K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,589,760
Cap Rate 7%
$1,135,543
Cap Rate 9%
$883,200
Alternative Uses
Best Use
Office B
$1.14M
$993.6K – $1.32M
NOI $79,488 @ 7.0% cap · market cap 152,861.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,844 @ 7.0% cap · market cap 284,315.38%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,854
Businesses Nearby
Explore this area
Business Placement
Demographics for 33460, FL
36,409
Population
14,769
Households
2.5
Avg Household Size
36
Median Age
24%
College-Educated
72%
High-School Grad
4.7 sq mi
ZIP Area
7,747
Density / Sq Mi
$61,702
Median Household Income
$32,388
Median Earnings
$1,411
Median Rent
$333,200
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Shell delivery and a balcony give occupants flexibility to plan the interior around their operations.
Where is this office unit located?
The property is located at 702 S DIXIE Highway Lake Worth, FL.
What are key features of this property?
This property features: Entire third floor: 2,999 SF; Shell delivery allows for a custom interior layout and finishes; Balcony included
