Office
9200 BELVEDERE Road #207, Royal Palm Beach, FL 33411
For Sale
$699,900
An individual office unit is located in Royal Palm Beach.
Property Size1,230 SF
Price / SF$569.02
Days on Market22
Property Features for 9200 BELVEDERE Road #207
General Information
Standard status
Size
Property subtype
Additional Details
Property Use
Amenities
1 acre, 1 To Less Than 2 Acre Lot
Other Roof/Roof Structure
Public Sewer, Public Sanitation, Sewer
Parcel Number: 72424331100032070, Annual Amount: $5,492, Legal Description: ROYAL PALM BUSINESS PLAZA CONDO UNIT C207, Year: 2025, Zoning: IL (city)
Tile
Central Air, Electric
Central
Listing ID: B26089973, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-10-19, Special Conditions: Sale
100 total parking spaces, Shared Parking
Built in 2007, Year Built Details: Resale, Living area units: Square Feet, 2 stories, Levels: 1, Construction Materials: CBS Construction
County/Parish: Palm Beach County
Leasable area units: Square Feet
1 units in community
Cable Available, Electricity Available, Water Available, Water Source: Public, 3 Phase Electric
Funding, Long Closing Preferred, Negotiable
Grounds Care, Janitorial Service, Water
Fire Sprinklers, Elevator
Smoke Alarm, Fire Sprinkler System, Fire Sprinklers, Fire Alarm, Owned Burglar Alarm, Burglar Alarm, Security System, Unit Alarm
Accessible Parking
Other equipment: Computer Wiring
Association Fee: $1,252, Fee Frequency: Quarterly
Building Details
Year Built
Listing Agency:
United Realty Group Inc
(561) 868-1930
Listed By:
Jeremy H Dysch · License FL #3067579
(561) 351-6843
Source:
Riserealty
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 3 at 5:53AM
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 Realty Group Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This office unit contains 1,230 square feet. It is located at 9200 Belvedere Road, Unit 207, in Royal Palm Beach, Florida.
Key Highlights
- 1,230‑square‑foot office unit
- 9200 Belvedere Road, Unit 207, Royal Palm Beach, FL 33411
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$39,238
Cap Rate
5.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$784,760
$784.8K
Cap Rate 7%
$560,543
$560.5K
Cap Rate 9%
$435,978
$436.0K
Market Conditions
NOI Build-Up for 1,230 SF
Gross rent
$61.5K $50.04/SF
− Vacancy
−$9.2K −$7.51/SF
EGI
$52.3K $42.53/SF
− OpEx
−$13.1K −$10.63/SF
NOI
$39.2K $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%
$784,760
Cap Rate 7%
$560,543
Cap Rate 9%
$435,978
Alternative Uses
Best Use
Office B
$560.5K
$490.5K – $654.0K
NOI $39,238 @ 7.0% cap · market cap 5.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$866.2K
$758.0K – $1.01M
NOI $60,636 @ 7.0% cap · market cap 8.66%
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
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 - An individual office unit is located in Royal Palm Beach.
Where is this office unit located?
The property is located at 9200 BELVEDERE Road #207 Royal Palm Beach, FL.
What is the asking price?
The asking price for this property is $699,900.
What are key features of this property?
This property features: 1,230‑square‑foot office unit; 9200 Belvedere Road, Unit 207, Royal Palm Beach, FL 33411
