Renovated Office Condo For
7999 North Federal Highway Unit 320 Boca Raton, FL 33487
7999 North Federal Highway Unit 320, Boca Raton, FL, 33487
Contact for pricing
For Sale
Contact for pricing
Move-in ready office condo with modern updates and functional design.
Property Size2,152 SF
Price / SF$375
Days on Market65
Property Features for 7999 North Federal Highway Unit 320
General Information
- Standard status
- Active
- Size
- 2,152 SF
- Property subtype
- Office
Building Details
- Year Built
- 2003
Listing Agency
Coldwell Banker Commercial NRT Boca Raton
Listed by
MJ Ridenour · License #FL
Source
Crexi
Added: May 13 Checked: Jul 15 at 10:47 pm
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 Coldwell Banker Commercial NRT Boca Raton
Investment Insights
Based on property information with market context.
This 2,152 square foot office condo is located in Boca Crown Centre. The third-floor corner unit features ample natural light and privacy. The renovated suite includes six window offices, a conference room, dual entrances with reception areas, a kitchenette, and three bathrooms, one of which has a shower. The space has been updated with new flooring and impact glass.
Key Highlights
- Fully renovated, move‑in ready office condo.
- 2,152 SF suite with six window offices.
- Third‑floor corner location provides maximum natural light and privacy.
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 | $98.1k | $45.60 |
| − Vacancy | −$22.1k | −$10.26 |
| EGI | $76.1k | $35.34 |
| − OpEx | −$19.0k | −$8.84 |
| NOI | $57.0k | $26.51 |
2,152 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$814.8K
$713.0K – $950.7K
NOI $57,039 @ 7.0% cap · market cap 7.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.52M
$1.33M – $1.77M
NOI $106,089 @ 7.0% cap · market cap 13.15%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Albert Donna
Law Firm
Cassata Law, PLLC
Law Firm
Commodity Systems Inc
(Bike/Boat/Book/etc) Store
Schnabel Learning
Training Center
StarMedia Productions
Film Production
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FAQs
What type of property is this?
Office units - Move-in ready office condo with modern updates and functional design.
Where is this office units located?
The property is located at 7999 North Federal Highway Unit 320 Boca Raton, FL.
What is the asking price?
The asking price for this property is $807,000.
What are key features of this property?
This property features: Fully renovated, move‑in ready office condo.; 2,152 SF suite with six window offices.; Third‑floor corner location provides maximum natural light and privacy.
