Mixed-Use Condominium Office
826 N Dixie Highway #11-15, Lantana, FL 33462
For Sale
$699,000
The suite is part of a mixed-use condominium with retail, restaurant, and office occupants.
Property Size1,015 SF
Price / SF$688.67
Days on Market258
Property Features for 826 N Dixie Highway #11-15
General Information
Standard status
Size
Property subtype
Zoning
Site & Location
Highway Access
Road Access
Additional Details
Office Units
Property Use
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Stories
Units
Tenancy
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,015-square-foot office suite is located in a mixed-use condominium built in 2005. Its setting brings together office, retail, and restaurant occupants. The property is zoned MW.
The suite is at 826 N Dixie Highway in Lantana, Florida, with frontage along N Dixie Highway. The address is 826 N Dixie Highway #11-15.
The suite is at 826 N Dixie Highway in Lantana, Florida, with frontage along N Dixie Highway. The address is 826 N Dixie Highway #11-15.
Key Highlights
- 1,015 SF office suite
- Built in 2005
- Located in a mixed‑use condominium with retail, restaurant, and office occupants
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,379
Cap Rate
4.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,580
$647.6K
Cap Rate 7%
$462,557
$462.6K
Cap Rate 9%
$359,767
$359.8K
Market Conditions
NOI Build-Up for 1,015 SF
Gross rent
$50.8K $50.04/SF
− Vacancy
−$7.6K −$7.51/SF
EGI
$43.2K $42.53/SF
− OpEx
−$10.8K −$10.63/SF
NOI
$32.4K $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%
$647,580
Cap Rate 7%
$462,557
Cap Rate 9%
$359,767
Alternative Uses
Best Use
Office B
$462.6K
$404.7K – $539.7K
NOI $32,379 @ 7.0% cap · market cap 4.63%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$714.8K
$625.5K – $834.0K
NOI $50,037 @ 7.0% cap · market cap 7.16%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
490
Businesses Nearby
Explore this area
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
$323,600
Median Home Value
Market
Average Price Trend$/SF for Office Units in Palm Beach County, FL
Properties on Market for Office Units in Palm Beach County
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - The suite is part of a mixed-use condominium with retail, restaurant, and office occupants.
Where is this office unit located?
The property is located at 826 N Dixie Highway #11-15 Lantana, FL.
What is the asking price?
The asking price for this property is $699,000.
What are key features of this property?
This property features: 1,015 SF office suite; Built in 2005; Located in a mixed‑use condominium with retail, restaurant, and office occupants
