Boynton Beach Office
709 S Federal Hwy Boynton Beach, FL 33435
709 S Federal Hwy, Boynton Beach, FL, 33435
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For Sale
Contact for pricing
9,200 SqFt office building in Boynton Beach, Florida.
Property Size9,200 SF
Price / SF$706.52
Days on Market1406
Property Features for 709 S Federal Hwy
General Information
- Standard status
- Active
- Size
- 9,200 SF
- Property subtype
- Office
Building Details
- Year Built
- 2012
Listing Agency
Anaheim Properties Inc
(561) 369-5993
Listed by
Allen Marcovitch · License #FL BK401549
Source
Crexi
Added: Sep 13, 2022 Checked: Jul 15 at 11:43 am
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 Anaheim Properties Inc
Investment Insights
Based on property information with market context.
This commercial property is an office building located in Boynton Beach, Florida. The property has a total area of 9,200 square feet and is being offered for sale. The capitalization rate is 4.60%.
Key Highlights
- 4.60% CAP Rate makes this an attractive investment opportunity.
- Office Property offering a professional environment.
- 9,200 SqFt of versatile space.
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 | $419.5k | $45.60 |
| − Vacancy | −$94.4k | −$10.26 |
| EGI | $325.1k | $35.34 |
| − OpEx | −$81.3k | −$8.84 |
| NOI | $243.8k | $26.51 |
9,200 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$3.48M
$3.05M – $4.06M
NOI $243,846 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.48M
$5.67M – $7.56M
NOI $453,541 @ 7.0% cap · market cap 6.98%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Alex Raphael Zopo
Physician
Donna Ducille
Pediatrician
VelocityVista Marketing
Advertising Agency
Dr. Christopher Hunt
Physician
Dr. Aaron Cohen
Physician
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - 9,200 SqFt office building in Boynton Beach, Florida.
Where is this office building located?
The property is located at 709 S Federal Hwy Boynton Beach, FL.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 4.60% CAP Rate makes this an attractive investment opportunity.; Office Property offering a professional environment.; 9,200 SqFt of versatile space.
