Property profile

0 Royal Palm Way Boca Raton, FL 33432

OFF-MARKET
Retail properties & Spaces
2,300 SF
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Property summary

AI-generated overview

This exceptional mixed-use property in Palm Beach County offers 2,300 square feet of vacant retail or restaurant space within a thriving development. The property comprises two buildings, one three stories and the other ten, totaling 2,300 square feet of available space in a single tenancy. The development boasts 185 luxury rental residences, providing a built-in customer base. Amenities for residents include an Olympic-sized pool, fitness center, business center, clubhouse, and putting green. On-site leasing and management, along with concierge services, enhance the property's appeal. The space is ideal for a variety of retail or restaurant concepts. The building features high-end finishes, including granite countertops, cherry wood cabinets, premium stainless steel Whirlpool appliances, Saturnia-style flooring and plush carpeting, crown molding, in-unit washers and dryers, Toto bathroom fixtures, and Jacuzzi tubs. Many units offer large terraces with stunning views of the ocean, golf course, city, and surrounding village. Assigned garage parking is available. This is a unique opportunity to establish a business in a luxurious and highly desirable location.

Property profile

Verified
Property type Retail properties & Spaces
Total area 2,300 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Royal Palm Way Boca Raton, FL 33432
Boca Raton metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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