Financial
Distress signals
Property profile

345 Palmetto Park Rd Boca Raton, FL 33432

OFF-MARKET
Office buildings
Property ID
US18-5299086
4,070 SF 0.27 ac lot Built 1970
Last sale Oct 2020 · $2,200,000
Individually Owned Owner of record is an individual. 5-yr Hold Held for 5 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property at 345 W Palmetto Park Road in Boca Raton, Florida is a flex space asset within the industrial and warehouse property categories, configured as an industrial/warehouse facility. It is positioned as a single offering that includes industrial and warehouse use, with unit- or site-specific details provided separately for verification of layout and suitability for the intended industrial or warehouse applications.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with the full report.

Mortgages

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.

Property tax · 2023

What does the county charge?
$19k
Tax billed · 2023
Assessed value$1.04M
Assessed land$543k
Assessed improvement$501k
Effective rate1.86%

Value estimate

· Oct 2026
$2.53M
$2.28M – $2.78M
AI approach$2.95M
CAP approach$1.77M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$363/SF
ZIP average, outlier-cleaned · 29 recorded sales of this use type
Observed band · Q1–Q3$218 – $655

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LB
LB-Civic center and limited business PM-0.40-Planned mobility 0.40 VC-Village Center (2) This division shall be inapplicable in any airpo...
General categoryCIVIC_INSTITUTIONAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Shoe Repair
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Shoe Repair8.7
Bike Shop8.1
Toy Store7.6

Location

345 Palmetto Park Rd Boca Raton, FL 33432-3732
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
110 Boca Raton, Boca Raton, FL 33432-3912 $8,600,000 Nov 2023 3,214 SF
36 3rd, Boca Raton, FL 33432-4914 $7,097,400 Jul 2023 6,036 SF
401 Camino Gdns, Boca Raton, FL 33432-5809 $2,150,000 Jan 2023 2,592 SF
831 Palmetto Park, Boca Raton, FL 33432-5105 $1,190,000 Sep 2022 4,340 SF
300 2nd, Boca Raton, FL 33432-5908 $1,400,000 Aug 2022 4,800 SF
1420 2nd, Boca Raton, FL 33432-1667 $1,750,000 Sep 2020 4,416 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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