0 Palm Bch Boca Raton, FL 33486
Exceptional commercial land opportunity in Boca Raton, Florida, located in the desirable Palm Beach County area (zip code 33486). This expansive 0.3-acre lot presents a unique chance for development or renovation. Currently featuring a 1686 sq ft, 3-bedroom, 2-bathroom residence built in 1970, the property boasts a tranquil setting with a lush garden, pool, and ample space for expansion. The existing home includes marble and porcelain flooring, a gourmet kitchen, and designer bathrooms. The property's L-shaped layout maximizes natural light and offers views of both the garden and pool. Impact windows and doors provide added protection. The location is highly convenient, offering proximity to downtown Boca Raton, Mizner Park, and the beautiful Boca Raton beaches. The substantial lot size allows for various development options, including retaining the existing charm, adding square footage to the existing structure, or constructing a significantly larger building. The land alone is estimated to be worth over $1 million, making this a compelling investment opportunity. This property is zoned for commercial use.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.