23123 Fl-7 Boca Raton, FL 33428
- Retail properties
- 45,173 SF
Current Use by Public Records
- Retail properties
Property Details for 23123 Fl-7
- Year built
- 1981
- Property size
- 45,173 SF
- Property type
- Retail properties
- Property subtype
- Office Properties & Spaces
Description
This exceptional three-story office building, situated at 23123 FL-7 in Boca Raton, Florida, presents a compelling investment opportunity. Boasting a total of 45,173 rentable square feet, this property is strategically located just south of Palmetto Park Road, offering convenient access and high visibility. The building was constructed in 1981 and sits on a sizable 4-acre parcel. The diverse tenant mix includes a prominent Bank of America branch on the ground floor, ensuring a stable and attractive investment profile. The property features ample street-level parking with a total of 168 spaces, providing convenient access for tenants and visitors. Currently, there are three available office spaces ranging in size from 1,040 square feet to 2,429 square feet, ideal for a variety of medical, traditional office, or executive office uses. The building's classification includes Retail, Office, Medical Office, Traditional Office, and Executive Office space, catering to a broad spectrum of potential tenants. Located in Palm Beach County, with a 33428 zip code, this property offers a strong location within a thriving business community. The building's multiple tenancy structure provides diversification and potential for long-term rental income. This is a rare opportunity to acquire a well-established, multi-use office building in a prime Boca Raton location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.204
- Latitude
- 26.3326
