C-2 Office
New
For Sale
$735,000
725 N HIGHWAY A1A #C119, Jupiter, FL 33477
C-2 (Inlet Flex) zoning supports professional office, medical, and select retail uses.
Property Size1,173 SF
Price / SF$626.60
Days on Market6
Property Features for 725 N HIGHWAY A1A #C119
General Information
Standard status
Active
Size
1,173 SF
Property subtype
Commercial
Zoning
C-2 (Inlet Flex)
Site & Location
Highway Access
Yes
Road Access
Yes
Taxes and HOA fees
Annual Taxes
$5,668
Amenities
Central air
Barrel Roof
Central Air Cooling
Central Heating
Common
Electric Cooling
Electric Heating
Guest
Volts220
Wood Flooring
Building Details
Year Built
1987
Listing Agency:
THE KEYES COMPANY (PBG)
(561) 845-6036
Listed By:
ROBERT C ARMSTRONG JR. · License #B26068185
Source:
Corcoran
Added: Aug 25
Changed: Aug 30
Last Checked: Aug 30 at 4:31AM
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 THE KEYES COMPANY (PBG)
Investment Insights
Based on property information with market context.
This office condominium is located within the Alhambra Office Condominiums and carries C-2 (Inlet Flex) zoning. The designation supports professional office, medical, and select retail uses, providing flexibility for an owner-user or investor. The building dates to 1987.
The property is at 725 N Highway A1A, #C119, in Jupiter, with access to US-1, Indiantown Road, and I-95. The office condominium community provides ample parking. Its setting is near the Jupiter Inlet, Love Street, and waterfront restaurants, placing the property within an established commercial area serving northern Palm Beach County.
The property is at 725 N Highway A1A, #C119, in Jupiter, with access to US-1, Indiantown Road, and I-95. The office condominium community provides ample parking. Its setting is near the Jupiter Inlet, Love Street, and waterfront restaurants, placing the property within an established commercial area serving northern Palm Beach County.
Key Highlights
- C‑2 (Inlet Flex) zoning allows professional office, medical, and select retail uses
- Office condominium at 725 N Highway A1A, #C119, Jupiter, FL
- Located within the Alhambra Office Condominiums
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$31,090
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.23%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$621,800
$621.8K
Cap Rate 7%
$444,143
$444.1K
Cap Rate 9%
$345,444
$345.4K
Market Conditions
NOI Build-Up for 1,173 SF
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.
Gross rent
$53.5K $45.60/SF
− Vacancy
−$12.0K −$10.26/SF
EGI
$41.5K $35.34/SF
− OpEx
−$10.4K −$8.84/SF
NOI
$31.1K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$621,800
Cap Rate 7%
$444,143
Cap Rate 9%
$345,444
Alternative Uses
Best Use
Office B
$444.1K
$388.6K – $518.2K
NOI $31,090 @ 7.0% cap · market cap 4.23%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$826.1K
$722.8K – $963.8K
NOI $57,826 @ 7.0% cap · market cap 7.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,291
Businesses Nearby
Explore this area
Business Placement
Demographics for 33477, FL
12,683
Population
10,986
Households
1.2
Avg Household Size
68
Median Age
58%
College-Educated
97%
High-School Grad
6.2 sq mi
ZIP Area
2,046
Density / Sq Mi
$104,107
Median Household Income
$62,458
Median Earnings
$2,576
Median Rent
$612,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office units - C-2 (Inlet Flex) zoning supports professional office, medical, and select retail uses.
Where is this office units located?
The property is located at 725 N HIGHWAY A1A #C119 Jupiter, FL.
What is the asking price?
The asking price for this property is $735,000.
What are key features of this property?
This property features: C‑2 (Inlet Flex) zoning allows professional office, medical, and select retail uses; Office condominium at 725 N Highway A1A, #C119, Jupiter, FL; Located within the Alhambra Office Condominiums
