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    12959 Palms West Dr Loxahatchee, FL 33470

    For Sale
    $975,000

    Turn-key, renovated medical office, excellent location.

    Property size:
    1,995 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional 1,995 square foot medical office building in Loxahatchee, Florida, presents a rare opportunity for ownership. Completely renovated in 2023, this turn-key property boasts new flooring, paint, doors, AC units, cabinetry, ceiling tiles, and fixtures. Ideally situated on the campus of Palms West Hospital and just four miles from Wellington Regional Hospital, this six-unit building offers an optimal floor plan. Currently configured as two to three physician offices and three to four exam rooms, the space is adaptable; the oversized physician office can be subdivided to create an additional room. Amenities include separate patient and staff bathrooms, a staff breakroom and kitchen, a separate physician entrance, a security buzzer for patient access, and office and building cameras. Onsite maintenance is provided, and the low CAM fee includes fiber internet. Recent building improvements include a new silicone roof (2023), new lobby AC units, updated landscaping, and renovated lobby areas. The asking price is $975,000. This property offers significant potential for passive income and represents a compelling investment opportunity. The building was constructed in 2006 and sits on a 0 square foot lot. The property is being sold furnished, excluding some equipment.

    Property Features for 12959 Palms West Dr

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    1,995 SF

    Building Details

    Year Built
    2006
    Units
    6

    HighLights

    • Asking Price: $975,000
    • 1,995 SF Office Building in Loxahatchee, FL
    • Six‑unit medical office building, completely renovated and turnkey ready.
    • Located on the campus of Palms West Hospital, 4 miles from Wellington Regional Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Loxahatchee
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.2493558
    Latitude
    26.6851601

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    FAQs

    What type of property is this?
    Office Property / Space - Turn-key, renovated medical office, excellent location.
    Where is this office property / space located?
    The property is located at 12959 Palms West Dr Loxahatchee, FL.
    What is the asking price?
    The asking price for this property is $975,000.
    What are key features of this property?
    This property features: Asking Price: $975,000; 1,995 SF Office Building in Loxahatchee, FL; Six-unit medical office building, completely renovated and turnkey ready.
    Request Owner's contact information
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    12959 Palms West Dr Loxahatchee, FL 33470
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