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Property profile & analytics
OFF-MARKET
Office buildings

11380 Prosperity Farms Rd 1131 Palm Beach Gardens, FL 33410-3474

1,266 SF Built 1986
Individually Owned 2-yr Hold Free & Clear
Property ID
US18-0940528
Property summary
AI-generated overview

This exceptional 2,700 square foot office condo, located at 11380 Prosperity Farms Road, presents a unique investment opportunity. Situated on a prominent corner lot at the intersection of PGA Boulevard and Prosperity Farms Road, this property benefits from unparalleled visibility and accessibility. Currently configured as a single medical office suite with nine individual offices, the space offers remarkable flexibility. It can easily function as a single large unit or be subdivided into two separate units, catering to diverse business needs. The property's layout is highly adaptable, allowing for customization to suit various professional uses. Its strategic location provides convenient access to major retail destinations including The Gardens Mall, Downtown Palm Beach Gardens, Legacy Place, and PGA Commons. Furthermore, it enjoys close proximity to affluent residential areas such as PGA National and Marisol, ensuring a strong potential client base. The property's excellent location offers easy access to major transportation arteries, including A1A, PGA Boulevard, I-95, and the Turnpike, enhancing its overall appeal and accessibility. The property is zoned PO and has an APN of 52434205180022040. This is a rare opportunity to acquire a well-situated, versatile office space in a thriving area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction CONCRETE BLOCKS
Total area 1,266 SF
APN 52-43-42-05-18-004-1131
UPID US18-0940528
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Performance & Wellness Chiropractic · 2 yrs held
Performance & Wellness Chiropractic
since 2023
4 recorded transactions
2023
Price N/A
2022
$650,000
1997
$443,700
1997
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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