11337 Okeechobee Blvd A Royal Palm Beach, FL 33411-8714
This exceptional 5,000 square foot single-story office building, located at 11337 Okeechobee Blvd in Royal Palm Beach, Florida (zip code 33411), presents a unique opportunity for medical or executive office users. The property is zoned CO-Office Commercial and situated in Palm Beach County, offering excellent visibility and accessibility. The building features two suites, each comprising 2,500 square feet, which can be easily combined to occupy the entire 5,000 square feet. Currently, the entire 5,000 square feet is vacant and ready for immediate occupancy. Each suite boasts a thoughtfully designed layout including a reception area, waiting room, exam rooms (in the medical office spaces), doctors' offices, a kitchenette, and multiple bathrooms. The building benefits from high traffic visibility with approximately 44,000 cars passing daily on Okeechobee Boulevard, and monument signage is available for enhanced branding. This property is ideal for medical practices or executive office users seeking a well-appointed space in a high-traffic location. Minimum divisible space is 2,500 square feet, with a maximum contiguous space of 5,000 square feet.
The purpose and intent of this district is to provide suitable sites for the development of well-planned, environmentally compatible office buildings in attractive open-space settings in centralized locations consistent with the village's comprehensive land use plan, as adopted and amended from time to time.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
CO · Royal Palm Beach, FLThe purpose and intent of this district is to provide suitable sites for the development of well-planned, environmentally compatible office buildings in attractive open-space settings in centralized locations consistent with the village's comprehensive land use plan, as adopted and amended from time to time.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.