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    1095 Broken Sound Pkwy Boca Raton, FL 33487

    Sponsored
    For Sale
    $13,950,000

    Prime Boca Raton Office Investment

    Property size:
    60,050 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A office building in Boca Raton, Florida, presents a compelling investment opportunity. The property boasts 60,050 square feet, including 58,786 square feet of net rentable space across three stories, situated on a 0.66-acre lot. Built in 2008 and fully renovated in 2023, the building features a desirable mix of five long-term tenants, ensuring stable income. A significant 21,800-square-foot space is available for an owner-user, complemented by a 10,000-square-foot warehouse/storage area and a two-level parking garage. The current occupancy is 58%, generating a pro-forma NOI of $1,213,985, projecting an 8.70% cap rate upon full occupancy. The asking price is $13,950,000, translating to $232.31 per square foot. The property is zoned LIRP and offers a blend of creative, executive, and traditional office spaces, making it suitable for diverse business needs. Financial details, including rent rolls and profit and loss statements, are available upon request. Showings are by appointment only.

    Property Features for 1095 Broken Sound Pkwy

    General Information

    Property type
    Office space
    Square Feet
    60,050 SF
    Class
    A
    Lot Size
    28,750 SF

    Building Details

    Year Built/Renovated
    2008/2023
    Buildings
    1
    Stories
    3
    Units
    8

    HighLights

    • Class A office building in Boca Raton, FL.
    • 21,800 SF available for owner‑user.
    • Strong tenant mix with five long‑term leases.
    • Two‑level parking garage.
    • 10,000 SF warehouse/storage area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Active Data Technologies Real Estate Agency Www.Hud.com Corporate Office SpryLyfe Medical Equipment Supplier LPT Medical Medical Supply Store Valu Vape Store

    Suggested Use

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

    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
    -80.1106659
    Latitude
    26.4012397

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    FAQs

    What type of property is this?
    Office space - Prime Boca Raton Office Investment
    Where is this office space located?
    The property is located at 1095 Broken Sound Pkwy Boca Raton, FL.
    What is the asking price?
    The asking price for this property is $13,950,000.
    What are key features of this property?
    This property features: Class A office building in Boca Raton, FL.; 21,800 SF available for owner-user.; Strong tenant mix with five long-term leases.
    Request Owner's contact information
    1095 Broken Sound Pkwy Boca Raton, FL 33487
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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
    1095 Broken Sound Pkwy Boca Raton, FL 33487
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