Financial
Distress signals
Property profile

1700 N Dixie Hwy Boca Raton, FL 33432

FOR LEASE
Office buildings
Property ID
US18-1953198
26,810 SF 1.77 ac lot Built 1985
Last sale Jun 2024 · $150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a specialty commercial space intended for leasing, located at 1700 N Dixie in Boca Raton, Florida, within Palm Beach County. The provided remarks do not include specific building features, suite layout/configuration, or permitted-use details, so the detailed improvements and suitability for particular uses would need to be verified through the property’s leasing documentation and/or the party managing the listing.

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?
$88k
Tax billed · 2023
Assessed value$4.82M
Assessed land$1.23M
Assessed improvement$3.59M
Effective rate1.83%

Value estimate

· Oct 2026
$5.17M
$4.65M – $5.69M
Submarket $/SF estimate$5.96M
NOI build-up
Gross scheduled income$1.72M
Vacancy & credit loss−$388k
Operating expenses−$334k
NOI · 3,081,836.92% cap applied$1.00M

Realmo valuation models over county records and 3 qualifying comparable sales.

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
Qualifying comparables3

Cap rate analysis

How does the asset earn?
3,081,836.92%
$1.00M estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
B-2
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Butcher
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Butcher8.5
Laundromat8.0
Tanning Salon7.4

Location

1700 N Dixie Hwy Boca Raton, FL 33432
County assessor Recorded deeds · 13 transfers 3 qualifying comp sales 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
1200 Federal, Boca Raton, FL 33432-2803 $31,414,000 May 2025 139,519 SF
120 Palmetto Park, Boca Raton, FL 33432-4835 $4,150,000 Oct 2024 73,918 SF
36 3rd, Boca Raton, FL 33432-4914 $7,097,400 Jul 2023 6,036 SF
300 2nd, Boca Raton, FL 33432-5908 $1,400,000 Aug 2022 4,800 SF
150 Palmetto Park, Boca Raton, FL 33432-4827 $44,600,000 Aug 2021 115,553 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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