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Property profile & analytics
OFF-MARKET
Land

0 Palm Bch Boca Raton, FL 33486

0.3 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.3 ac (13,068 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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