Luxurious Office Space in
6751 N Federal Hwy, Boca Raton, FL 33487
High-end office space suitable for law, insurance, or CPA.
Type:Office
Property size:
6,822 SFPrice / SF:
$439/SF- Added:
- Jun 21, 2024
- Days on Market:
- 749
- Last Refresh:
- Jun 28 at 2:11 pm
Property Features for 6751 N Federal Hwy
General Information
- Standard status
- Active
- Size
- 6,822 SF
- Property subtype
- Office
Building Details
- Year Built
- 2005
Listing office Real Broker LLC
Listing date Jun 21, 2024
Source Crexi
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 Real Broker LLC
HighLights
- High‑end office space (6822 Sq. Ft.) divisible into 4 separate parcels, offering flexibility.
- Prime East Boca Raton location, just north of Yamato Rd and N Federal Hwy.
- Includes 13 offices (one convertible to a 2nd conference room), multiple open offices, reception area, conference room, break room, and coffee bar.
- High‑end furnishings are negotiable.
- New A/C units installed.
- Ample parking with both open and 6 covered spaces.
Overview
This luxurious, high-end office space offers 6,822 square feet and can be separated into four parcels. It is located in East Boca Raton, just north of Yamato Road and North Federal Highway. Originally designed as a law firm, the space features high-end furnishings that are negotiable. The layout includes 13 offices, one of which can be used as a second conference room, multiple open offices, and two inner offices. There is a reception area, conference room, break room, coffee bar, and supply/copier room. The property features 10-foot ceilings and ample natural light. New air conditioning units have recently been installed. The property includes plenty of open parking spaces and six covered parking spaces. It is ideally suited for a law firm, insurance company, or CPA. The building is zoned for non-medical use. Lease with option and owner finance will be considered.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $311.1k | $45.60 |
| − Vacancy | −$70.0k | −$10.26 |
| EGI | $241.1k | $35.34 |
| − OpEx | −$60.3k | −$8.84 |
| NOI | $180.8k | $26.51 |
6,822 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$2.58M
$2.26M – $3.01M
NOI $180,817 @ 7.0% cap · market cap 6.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.80M
$4.20M – $5.61M
NOI $336,310 @ 7.0% cap · market cap 11.21%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Schwartz Law Group
Law Firm
Think Tank medical
Pharmacy
Schwartz & Horwitz Plc
Law Firm
Summit Law Group
Law Firm
James, Surman & Goldberg, ...
Accounting Firm
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0767233
- Latitude
- 26.4093361
Nearby Similar for Sale
FAQs
What type of property is this?
Office units - High-end office space suitable for law, insurance, or CPA.
Where is this office units located?
The property is located at 6751 N Federal Hwy Boca Raton, FL.
What is the asking price?
The asking price for this property is $2,999,950.
What are key features of this property?
This property features: High‑end office space (6822 Sq. Ft.) divisible into 4 separate parcels, offering flexibility.; Prime East Boca Raton location, just north of Yamato Rd and N Federal Hwy.; Includes **13 offices** (one convertible to a 2nd conference room), multiple open offices, reception area, conference room, break room, and coffee bar.
