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    101 Palmetto Park Rd Boca Raton, FL 33432

    For Lease
    $61 SF/Yr

    Prime Downtown Boca Raton storefront, 1,458 sq ft.

    Lot size:
    1,400 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1,458 square foot retail space is ideally situated in the heart of downtown Boca Raton, Florida, at 101 E Palmetto Park Road E, zip code 33432. The property, zoned DDRI (APN: 06434720280000371), offers a single-tenant occupancy within a building containing only one suite. Currently configured as office space, it features two separate bays (101 & 103) that have been joined, providing a flexible layout adaptable to various retail uses. The space includes two bathrooms and is conveniently located just steps from Mizner Park and the Royal Palm Plaza BrightLine Station, across from Louie Bossi's Ristorante Bar Pizzeria. Its prime corner location at Palmetto Park Road and NE 1st Avenue, one block east of Federal Highway, ensures high visibility and accessibility. The property's proximity to the upcoming Aletto offices at Sanborn Square, a new trophy office tower, further enhances its investment potential. While the current build-out is for offices, the space can be easily converted to an open floor plan to suit a variety of retail needs. The lot size is not specified. This is a rare opportunity to secure a highly desirable retail location in one of South Florida's most vibrant and sought-after areas.

    Property Features for 101 Palmetto Park Rd

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,400 SF

    Unit(s) available at that property

    Space
    Size
    1,400 SF
    Rate per SF
    $61

    HighLights

    • 1,458 SF retail space at 101 E Palmetto Park Rd, Boca Raton, FL 33432 (APN: 06434720280000371).
    • Single‑tenant occupancy in a one‑suite building, currently configured as office space but easily adaptable to retail.
    • Two bathrooms, prime corner location at Palmetto Park Rd and NE 1st Ave, steps from Mizner Park and BrightLine Station.
    • High visibility and accessibility, near Louie Bossi's and the upcoming Aletto offices at Sanborn Square.
    • Flexible layout, suitable for various retail uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    David Pantoja Real Estate Agency Florida Premier Realty ... Real Estate Agents Florida Premier Realty Real Estate Agency Dave Hibbs, Realtor® Real Estate Agent

    Suggested Use

    Restaurant Realty agency Building Supply Law Firm Dental Office Spa & Massage 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
    Boca Raton
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0855429
    Latitude
    26.350675

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown Boca Raton storefront, 1,458 sq ft.
    Where is this retail property located?
    The property is located at 101 Palmetto Park Rd Boca Raton, FL.
    What is the lease rate?
    The lease rate is $61 SF/Yr.
    What are key features of this property?
    This property features: 1,458 SF retail space at 101 E Palmetto Park Rd, Boca Raton, FL 33432 (APN: 06434720280000371).; Single-tenant occupancy in a one-suite building, currently configured as office space but easily adaptable to retail.; Two bathrooms, prime corner location at Palmetto Park Rd and NE 1st Ave, steps from Mizner Park and BrightLine Station.
    Request Owner's contact information
    101 Palmetto Park Rd Boca Raton, FL 33432
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    Boca Raton, FL 33432
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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
    101 Palmetto Park Rd Boca Raton, FL 33432
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