101 Palmetto Park Rd Boca Raton, FL 33432-4818
Property profile & analytics
101 Palmetto Park Rd, Boca Raton, FL 33432-4818
- Retail space
- 5,098 SF
- 0.24 lot acres
Property ID
US18-3707329
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- David Pantoja / Real Estate Agency
- Florida Premier Realty - Jan Deborah Imperato B.A. / Real Estate Agency
- Florida Premier Realty / Real Estate Agency
- Dave Hibbs, Realtor® / Real Estate Agency
Property Details for 101 Palmetto Park Rd
- Year built
- 1939
- Construction
- WOOD
- Lot size
- 0.24 lot acres
- Zone code
- DDRI
- Property type
- Retail space
- APN
- 06-43-47-20-28-000-0371
- APU
- 6434720280000371
Description
This exceptional 1,458 square foot retail space is ideally situated in the heart of downtown Boca Raton, Florida, at 101 E Palmetto Park Road E, zip code 33432. The property, zoned DDRI (APN: 06434720280000371), offers a single-tenant occupancy within a building containing only one suite. Currently configured as office space, it features two separate bays (101 & 103) that have been joined, providing a flexible layout adaptable to various retail uses. The space includes two bathrooms and is conveniently located just steps from Mizner Park and the Royal Palm Plaza BrightLine Station, across from Louie Bossi's Ristorante Bar Pizzeria. Its prime corner location at Palmetto Park Road and NE 1st Avenue, one block east of Federal Highway, ensures high visibility and accessibility. The property's proximity to the upcoming Aletto offices at Sanborn Square, a new trophy office tower, further enhances its investment potential. While the current build-out is for offices, the space can be easily converted to an open floor plan to suit a variety of retail needs. The lot size is not specified. This is a rare opportunity to secure a highly desirable retail location in one of South Florida's most vibrant and sought-after areas.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $2,270,000
- ML approach
- $2,315,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $2,002,000
Market price range: $1.13M - $3.32M -
Alternative Use
- Use
- Estimation
- RETAIL STORES
- $2,035,000 Current use
- RESTAURANT
- $3,520,000 Change: +73% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $3,495,000 Change: +72% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $2,520,000 Change: +24% Conversion: Difficult
- NEIGHBORHOOD: SHOPPING CENTER
- $2,015,000 Change: -1% Conversion: Moderate
- MEDICAL BUILDING
- $2,010,000 Change: -1% Conversion: Difficult
- OFFICE BUILDING
- $1,850,000 Change: -9% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0855
- Latitude
- 26.3508
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$36,396
$1,276,086
$740,020
$2,016,106
-
$1,276,086
$740,020
$2,016,106
