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    638 Ocean Ave Boynton Beach, FL 33435

    Sponsored
    For Lease
    $32 SF/Yr ($6,775 /Mo)

    Boynton Beach medical office, ready to occupy.

    Lot size:
    2,500 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This fully renovated, 2,500 square foot free-standing medical office building is located at 638 E Ocean Avenue in Boynton Beach, Florida (zip code 33435). The single-tenant property, previously used as a medical office, is vacant and immediately available. No association fees or approvals are needed for occupancy. The building features eight individual offices and two updated, large bathrooms. It sits on a lot with zero square footage and is zoned CBD (city). The APN is 08434527040000911. Ample parking is provided with thirteen spaces. This prime location in downtown Boynton Beach offers exceptional accessibility, being minutes from the beach and surrounded by restaurants, shopping, and residential areas. The building is fully compliant with medical office zoning requirements and presents a fantastic opportunity for a medical practice seeking a move-in ready space in a thriving community. The property's convenient location and ample parking make it an attractive option for both patients and staff. This is a rare opportunity to acquire a fully built-out medical office building in a high-demand area.

    Property Features for 638 Ocean Ave

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,500 SF
    Total Rate
    6775

    Unit(s) available at that property

    Space
    Size
    2,210 SF
    Rate per SF
    $32

    HighLights

    • 2,500 SF free‑standing medical office building in Boynton Beach, FL (33435).
    • Vacant and immediately available; previously used as a medical office.
    • Eight offices, two updated bathrooms, and thirteen parking spaces.
    • Located in a CBD‑zoned lot in downtown Boynton Beach, near the beach, restaurants, and shopping.
    • No association fees or approvals required.
    Property Profile Location Intelligence

    Current Use by Public Records

    Marchman Act Florida ... Addiction Treatment Center Seacrest Behavioral Health Addiction Treatment Center addictions Association Or Organization

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0569023
    Latitude
    26.5268678

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    FAQs

    What type of property is this?
    Medical office - Boynton Beach medical office, ready to occupy.
    Where is this medical office located?
    The property is located at 638 Ocean Ave Boynton Beach, FL.
    What is the lease rate?
    The lease rate is $32 SF/Yr.
    What are key features of this property?
    This property features: 2,500 SF free-standing medical office building in Boynton Beach, FL (33435).; Vacant and immediately available; previously used as a medical office.; Eight offices, two updated bathrooms, and thirteen parking spaces.
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    638 Ocean Ave Boynton Beach, FL 33435
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    Boynton Beach, FL 33435
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    638 Ocean Ave Boynton Beach, FL 33435
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