4-Suite Office
9200 BELVEDERE Road #101, Royal Palm Beach, FL 33411
For Sale
Contact for pricing
The first-floor layout combines private work areas with a conference room, guest waiting space, and a kitchen.
Property Size1,259 SF
Price / SF$3.57
Days on Market48
Property Features for 9200 BELVEDERE Road #101
General Information
Standard status
Size
Class
Property subtype
Space & Availability
Floor
Condition
Additional Details
Office Units
Property Use
Amenities
conference room
private restroom
kitchen/break room
storage room
open waiting area
business signage
Building Details
Year Built
Listing Agency:
United Team Realty
(561) 584-8488
Listed By:
Hurchell Williamson · License FL #3191509
(561) 484-6833
Source:
Miznerpartners
Added: Sep 23
Changed: Nov 9
Last Checked: Nov 9 at 1:57PM
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 United Team Realty
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 first-floor office unit contains four separate office suites, a conference room, a private restroom, and an open area for visitors. A kitchen and break area with granite countertops, plus a dedicated storage room, add practical support space. Interior details include natural stone walls, porcelain flooring, and high ceilings. The building dates to 2007, and a designated exterior area is available for business signage.
The property is at 9200 Belvedere Road in Royal Palm Beach, near the US-441 and Belvedere Road intersection. It is adjacent to the USCIS building and a shopping center anchored by Walmart.
The property is at 9200 Belvedere Road in Royal Palm Beach, near the US-441 and Belvedere Road intersection. It is adjacent to the USCIS building and a shopping center anchored by Walmart.
Key Highlights
- Four separate office suites, a conference room, private restroom, and visitor waiting area
- 1,259‑square‑foot first‑floor office unit
- Kitchen and break area with granite countertops; separate file storage room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$40,163
Suggested Prices Based on Cap Rates
Cap Rate 5%
$803,260
$803.3K
Cap Rate 7%
$573,757
$573.8K
Cap Rate 9%
$446,256
$446.3K
Market Conditions
NOI Build-Up for 1,259 SF
Gross rent
$63.0K $50.04/SF
− Vacancy
−$9.5K −$7.51/SF
EGI
$53.6K $42.53/SF
− OpEx
−$13.4K −$10.63/SF
NOI
$40.2K $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%
$803,260
Cap Rate 7%
$573,757
Cap Rate 9%
$446,256
Alternative Uses
Best Use
Office B
$573.8K
$502.0K – $669.4K
NOI $40,163 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$886.7K
$775.8K – $1.03M
NOI $62,066 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
4
Office units
Location Intelligence
Trade Area within ½ mile
41
Businesses Nearby
Explore this area
Business Placement
Demographics for 33411, FL
74,206
Population
30,063
Households
2.5
Avg Household Size
42
Median Age
39%
College-Educated
91%
High-School Grad
34.9 sq mi
ZIP Area
2,126
Density / Sq Mi
$89,329
Median Household Income
$46,461
Median Earnings
$1,887
Median Rent
$400,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/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 first-floor layout combines private work areas with a conference room, guest waiting space, and a kitchen.
Where is this office unit located?
The property is located at 9200 BELVEDERE Road #101 Royal Palm Beach, FL.
What are key features of this property?
This property features: Four separate office suites, a conference room, private restroom, and visitor waiting area; 1,259‑square‑foot first‑floor office unit; Kitchen and break area with granite countertops; separate file storage room
