Third-Floor Office Unit with
New
For Sale
Contact for pricing
702 S DIXIE Highway, Lake Worth, FL 33460
Shell delivery leaves the interior layout and finishes open for customization.
Property Size10,000 SF
Price / SF$0.01
Days on Market4
Property Features for 702 S DIXIE Highway
General Information
Standard status
Active
Size
10,000 SF
Property subtype
Business
Additional Details
Property Use
Office
Amenities
private balcony
Building Details
Year Built
2026
Buildings
1
Stories
3
Abandoned
No
Listing Agency:
LPT Realty, LLC
(877) 366-2213
Listed By:
Jamie Beale, CCIM · License #3605837
(561) 215-8464
Source:
Lehmannflorida
Added: Oct 23
Changed: Oct 25
Last Checked: Oct 26 at 3:23PM
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 offering comprises the full third floor of a newly constructed, three-story office building at 702 S Dixie Highway in Lake Worth Beach. The 2,999-square-foot suite is delivered in shell condition, allowing the incoming occupant to plan its interior layout and finishes. A private balcony is included.
Building features include ground-floor parking and a law firm occupying the second floor. Completion is anticipated in January 2027.
Building features include ground-floor parking and a law firm occupying the second floor. Completion is anticipated in January 2027.
Key Highlights
- Entire third floor comprises 2,999 SF
- Private balcony included with the suite
- Shell condition allows customization of the layout and finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$265,050
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,301,000
$5.3M
Cap Rate 7%
$3,786,429
$3.8M
Cap Rate 9%
$2,945,000
$2.9M
Market Conditions
NOI Build-Up for 10,000 SF
Gross rent
$456.0K $45.60/SF
− Vacancy
−$102.6K −$10.26/SF
EGI
$353.4K $35.34/SF
− OpEx
−$88.4K −$8.84/SF
NOI
$265.1K $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%
$5,301,000
Cap Rate 7%
$3,786,429
Cap Rate 9%
$2,945,000
Alternative Uses
Best Use
Office B
$3.79M
$3.31M – $4.42M
NOI $265,050 @ 7.0% cap · market cap 509,711.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.04M
$6.16M – $8.22M
NOI $492,979 @ 7.0% cap · market cap 948,036.54%
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 leaves the interior layout and finishes open for customization.
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 comprises 2,999 SF; Private balcony included with the suite; Shell condition allows customization of the layout and finishes
