Freestanding Office
New
For Sale
$1,399,900
7405 LAKE WORTH Road, Lake Worth, FL 33467
Commercial Sale, Lake Worth, FL
Property Size3,132 SF
Lot Size0.22 Acres
Price / SF$446.97
Days on Market2
Property Features for 7405 LAKE WORTH Road
General Information
Property type
Residential
Property subtype
Office
Zoning
CS
Parking
12
Security features
Security System
Subdivision
5750
Standard status
Active
APN
00424327050231221
Size
3,132 SF
Lot size
0.22 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
PALM BEACH FARMS CO PL NO 3 S 189.37 FT OF TR 122 /LESS W 130 FT & E 125 FT & RD R/W/ BLK 23
Tax Annual Amount
11022
Legal Description
PALM BEACH FARMS CO PL NO 3 S 189.37 FT OF TR 122 /LESS W 130 FT & E 125 FT & RD R/W/ BLK 23
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public
Amenities
pylon sign
Building Details
Year built
1980
Floors in Building
2
Number of units
1
Building materials
Stucco
Listing Agency:
Keller Williams Realty - Wellington
(561) 472-1236
Listed By:
Vincent Borriello · License #3417485
(732) 939-7726
Added: Oct 21
Last Checked: Oct 22 at 2:06AM
MLS# B26091280
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This freestanding office building contains 3,132 square feet on a 0.22-acre parcel. Built in 1980, it has stucco construction, central heating and central air conditioning, plus an on-site parking area.
The property is located at 7405 Lake Worth Road in Lake Worth, Florida. Electricity is available, and the site is served by public water and public sewer.
The property is located at 7405 Lake Worth Road in Lake Worth, Florida. Electricity is available, and the site is served by public water and public sewer.
Key Highlights
- 3,132‑square‑foot office building on 0.22 acres
- Freestanding building with an on‑site parking area
- CS zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$83,014
Cap Rate
5.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,660,280
$1.7M
Cap Rate 7%
$1,185,914
$1.2M
Cap Rate 9%
$922,378
$922.4K
Market Conditions
NOI Build-Up for 3,132 SF
Gross rent
$142.8K $45.60/SF
− Vacancy
−$32.1K −$10.26/SF
EGI
$110.7K $35.34/SF
− OpEx
−$27.7K −$8.84/SF
NOI
$83.0K $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%
$1,660,280
Cap Rate 7%
$1,185,914
Cap Rate 9%
$922,378
Alternative Uses
Best Use
Office B
$1.19M
$1.04M – $1.38M
NOI $83,014 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.21M
$1.93M – $2.57M
NOI $154,401 @ 7.0% cap · market cap 11.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
669
Businesses Nearby
Explore this area
Business Placement
Demographics for 33467, FL
55,813
Population
25,675
Households
2.2
Avg Household Size
50
Median Age
42%
College-Educated
93%
High-School Grad
18.7 sq mi
ZIP Area
2,985
Density / Sq Mi
$93,053
Median Household Income
$50,733
Median Earnings
$1,975
Median Rent
$413,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - The property includes on-site parking and carries CS zoning.
Where is this office building located?
The property is located at 7405 LAKE WORTH Road Lake Worth, FL.
What is the asking price?
The asking price for this property is $1,399,900.
What are key features of this property?
This property features: 3,132‑square‑foot office building on 0.22 acres; Freestanding building with an on‑site parking area; CS zoning
