Corner Medical Office
New
For Sale
$1,600,000
825 Meadows Road # 311, Boca Raton, FL 33486
The first-floor clinical layout includes patient reception, exam rooms, private offices and multiple restrooms.
Property Size2,684 SF
Price / SF$596.13
Days on Market3
Property Features for 825 Meadows Road # 311
General Information
Standard status
Active
Size
2,684 SF
Total Parking Spaces
2
Property subtype
Commercial
Additional Details
Floor
1
Building Details
Building Size
2,684 SF
Year Built
1981
Listed By:
Connor Anthony · License #SL3608675 (FL)
(561) 489-5829
Source:
Matthews
Added: Oct 20
Changed: Oct 21
Last Checked: Oct 21 at 2:30AM
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 Connor Anthony
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Investment Insights
Based on property information with market context.
This 2,684 SF medical office condominium occupies a first-floor corner position at 825 Meadows Road, Unit 311. Its layout includes a waiting room, reception area, six exam rooms, three private offices and four restrooms. Two covered, reserved parking spaces are included, and the building dates to 1981.
Boca Raton Regional Hospital is directly across the road. The property is also situated within an established medical corridor with physician groups, outpatient facilities and specialty clinics nearby. First-floor entry provides direct access to the suite.
Boca Raton Regional Hospital is directly across the road. The property is also situated within an established medical corridor with physician groups, outpatient facilities and specialty clinics nearby. First-floor entry provides direct access to the suite.
Key Highlights
- 2,684 SF first‑floor medical office condominium
- Corner suite at 825 Meadows Road, Unit 311, Boca Raton
- Six exam rooms, three private offices and four restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$71,139
Cap Rate
4.45%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,422,780
$1.4M
Cap Rate 7%
$1,016,271
$1.0M
Cap Rate 9%
$790,433
$790.4K
Market Conditions
NOI Build-Up for 2,684 SF
Gross rent
$122.4K $45.60/SF
− Vacancy
−$27.5K −$10.26/SF
EGI
$94.9K $35.34/SF
− OpEx
−$23.7K −$8.84/SF
NOI
$71.1K $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%
$1,422,780
Cap Rate 7%
$1,016,271
Cap Rate 9%
$790,433
Alternative Uses
Best Use
Office B
$1.02M
$889.2K – $1.19M
NOI $71,139 @ 7.0% cap · market cap 4.45%
Second Best
Healthcare Medical
$505.2K
$442.1K – $589.4K
NOI $35,364 @ 7.0% cap · market cap 2.21%
Theoretical Best
Office A
$1.89M
$1.65M – $2.21M
NOI $132,316 @ 7.0% cap · market cap 8.27%
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
2,060
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 33486, FL
22,947
Population
9,583
Households
2.4
Avg Household Size
43
Median Age
56%
College-Educated
97%
High-School Grad
5.4 sq mi
ZIP Area
4,249
Density / Sq Mi
$113,575
Median Household Income
$58,526
Median Earnings
$2,226
Median Rent
$636,400
Median Home Value
Market
Vacancy Rate% for Office in South region
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Frequently Asked Questions
What type of property is this?
Medical Office Space - The first-floor clinical layout includes patient reception, exam rooms, private offices and multiple restrooms.
Where is this medical office space located?
The property is located at 825 Meadows Road # 311 Boca Raton, FL.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 2,684 SF first‑floor medical office condominium; Corner suite at 825 Meadows Road, Unit 311, Boca Raton; Six exam rooms, three private offices and four restrooms
