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    Property profile & analytics
    OFF-MARKET Estimated value $2,235,000
    Banks

    240 Palmetto Park Rd, Boca Raton, FL 33432-5014

    11,124 SF 0.38 ac lot Built 2004
    Entity Owned Free & Clear
    Property ID
    US18-6021394
    Property summary
    AI-generated overview

    This exceptional offering presents two newly renovated office suites available for lease at 240 W Palmetto Park Rd, Boca Raton, FL 33432. Located in a Class A building constructed in 1980, these suites cater to a variety of business needs, suitable for traditional office, coworking, medical office, or creative office uses. The suites range in size from 575 square feet to 900 square feet, offering flexible space options for businesses of varying scales. The building boasts a prime location directly on W Palmetto Park Road, just blocks from the vibrant downtown Boca Raton and Mizner Park areas. The convenience extends to its proximity to the Boca Brightline Station, providing easy access to regional transportation. The property is well-maintained and houses a mix of professional and medical tenants, creating a sophisticated and collaborative environment. Ample parking is available for tenants and their clients in the rear of the building. These newly renovated suites offer a modern and efficient workspace in a highly desirable location. Palm Beach County location. Multiple tenancy available.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 2004
    Construction WOOD
    Total area 11,124 SF
    Lot 0.38 ac (16,575 SF)
    Zoning code DDRI
    APN 06-43-47-29-57-002-0010
    UPID US18-6021394
    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
    Current use
    Occupant on record · Public records
    • Boca Raton Tribune Publishing House Newspaper & Magazine
    • Law Offices of Rina Feld Law Firm
    • Prema Behavioral Services INC Crisis Center Medical Clinic
    • Make It Happen Bake Supplies Department Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $1.98M
    Blend (final) Blend
    $2.24M
    Owner & transaction history
    Alfenso Guerra Boca LLC
    Alfenso Guerra Boca LLC
    since 2025
    7 recorded transactions
    2026
    2025
    $540,000
    2025
    2024
    $480,000
    2023
    $1.9M
    2022
    $525,000
    2017
    Zoning & alternative use
    DDRI · Boca Raton, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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