Corner Mixed-Use
826 N Dixie Highway #1, Lantana, FL 33462
For Sale
$1,675,000
First-floor space combines reception, lounge and kitchen areas with private rear offices.
Property Size2,440 SF
Price / SF$686.48
Days on Market258
Property Features for 826 N Dixie Highway #1
General Information
Standard status
Size
Property subtype
Zoning
Space & Availability
Floor
Condition
Additional Details
HOA Fee
Corner Location
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Amenities
full kitchen
game room/lounge area
hurricane-impact windows and doors
Building Details
Building Size
Year Built
Stories
Units
Listing Agency:
MJI Realty Group LLC
(561) 859-5631
Listed By:
Marc Martinangelo · License FL #3420294
(561) 859-1484
Source:
Irgofflorida
Added: Feb 28
Changed: Nov 11
Last Checked: Nov 12 at 12:33AM
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 MJI Realty Group LLC
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Investment Insights
Based on property information with market context.
This 2,440-square-foot first-floor mixed-use unit at 826 N Dixie Highway is arranged in three sections: a reception and office area at the front, a lounge with a full kitchen, and private offices at the rear. The rear offices connect directly to the parking garage. Hurricane-impact windows and doors are installed, and the building was constructed in 2005.
The property is identified as a corner unit in Lantana. Common-area charges include water, sewer, trash, security, landscaping, exterior maintenance, building insurance, and use of shared areas and amenities.
The property is identified as a corner unit in Lantana. Common-area charges include water, sewer, trash, security, landscaping, exterior maintenance, building insurance, and use of shared areas and amenities.
Key Highlights
- 2,440 SF first‑floor mixed‑use unit
- Three distinct sections, including front reception, kitchen lounge, and private rear offices
- Rear offices have direct access to the parking garage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$77,837
Cap Rate
4.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,740
$1.6M
Cap Rate 7%
$1,111,957
$1.1M
Cap Rate 9%
$864,856
$864.9K
Market Conditions
NOI Build-Up for 2,440 SF
Gross rent
$122.1K $50.04/SF
− Vacancy
−$18.3K −$7.51/SF
EGI
$103.8K $42.53/SF
− OpEx
−$25.9K −$10.63/SF
NOI
$77.8K $31.90/SF
Area
Palm Beach County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,556,740
Cap Rate 7%
$1,111,957
Cap Rate 9%
$864,856
Alternative Uses
Best Use
Office B
$1.11M
$973.0K – $1.30M
NOI $77,837 @ 7.0% cap · market cap 4.65%
Second Best
Mixed Use
$491.5K
$430.1K – $573.4K
NOI $34,404 @ 7.0% cap · market cap 2.05%
Theoretical Best
Office A
$1.72M
$1.50M – $2.00M
NOI $120,287 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
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Business Placement
Demographics for 33462, FL
33,982
Population
15,911
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
84%
High-School Grad
8.6 sq mi
ZIP Area
3,951
Density / Sq Mi
$72,288
Median Household Income
$38,193
Median Earnings
$1,659
Median Rent
$323,600
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Palm Beach County, FL
Properties on Market for Mixed-use properties in Palm Beach County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Mixed-use property - First-floor space combines reception, lounge and kitchen areas with private rear offices.
Where is this mixed-use property located?
The property is located at 826 N Dixie Highway #1 Lantana, FL.
What is the asking price?
The asking price for this property is $1,675,000.
What are key features of this property?
This property features: 2,440 SF first‑floor mixed‑use unit; Three distinct sections, including front reception, kitchen lounge, and private rear offices; Rear offices have direct access to the parking garage
