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    709 Federal Hwy Boynton Beach, FL 33435

    Sponsored
    For Sale
    $6,000,000

    Boynton Beach Medical Office Building - High ROI

    Property size:
    9,200 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 9,200 square foot medical office building, located at 709 S Federal Hwy in Boynton Beach, Florida, presents a compelling investment opportunity. The Class B, two-story building, constructed in 2012, boasts a 5.00% cap rate and a strong net operating income (NOI) of $300,000, with an asking price of $6,000,000 ($652 per square foot). Situated on a 0.66-acre lot (APN: 08-43-45-28-00-000-5010), the property is zoned C3 and features 34 parking spaces (3.7 spaces per 1,000 square feet leased), providing ample parking for tenants and visitors. The building is currently 100% leased and offers desirable amenities including 24-hour access, high ceilings, abundant natural light, recessed lighting, Wi-Fi, hardwood floors, and a balcony. The building's interior features 11-foot slab-to-slab height, ideal for medical or biotech tenants. Its prime location in Boynton Beach, Florida, offers convenient access to public transportation via a nearby bus line and excellent signage opportunities. This fully occupied, high-performing asset represents a rare opportunity for investors seeking a stable, high-return investment in a thriving market.

    Property Features for 709 Federal Hwy

    General Information

    Property type
    Medical offices
    Square Feet
    9,200 SF
    Class
    B
    Lot Size
    28,750 SF

    Building Details

    Year Built
    2012
    Stories
    2

    HighLights

    • Investment Sale Opportunity
    • 100% Occupancy
    • 11‑foot Ceiling Height
    • 0.16 FAR
    • 34 Parking Spaces (3.7/1,000 SF)
    • 24/7 Access
    Property Profile Location Intelligence

    Current Use by Public Records

    Alex Raphael Zopo Internist Donna Ducille Family Practice Physician VelocityVista Marketing Marketing Agency Dr. Christopher Hunt Internist Dr. Aaron Cohen Internist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.058251
    Latitude
    26.5214308

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    FAQs

    What type of property is this?
    Medical office - Boynton Beach Medical Office Building - High ROI
    Where is this medical office located?
    The property is located at 709 Federal Hwy Boynton Beach, FL.
    What is the asking price?
    The asking price for this property is $6,000,000.
    What are key features of this property?
    This property features: Investment Sale Opportunity; 100% Occupancy; 11-foot Ceiling Height
    Request Owner's contact information
    709 Federal Hwy Boynton Beach, FL 33435
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    Boynton Beach, FL 33435
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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
    709 Federal Hwy Boynton Beach, FL 33435
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