Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,450,000
    Strip malls

    2800 Federal Hwy, Boca Raton, FL 33431-6838

    8,297 SF 0.61 ac lot Built 1965
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US18-0969211
    Property summary
    AI-generated overview

    Elegance Plaza offers a fantastic retail opportunity in Palm Beach County. This multiple-tenancy property boasts one immediately available space totaling 1,800 square feet. The space benefits from excellent frontage along heavily trafficked N Federal Highway, ensuring high visibility and exposure to a large customer base. The property's strategic location near the intersection of NE Spanish River Blvd and N Federal Hwy, an area with a daily traffic count of 38,234 vehicles, guarantees significant foot and vehicular traffic. Further enhancing its appeal, Elegance Plaza is in close proximity to numerous oceanfront high-rise condominiums and residential developments, providing a substantial pool of potential customers. Visible pylon signage is available, offering an additional opportunity for impactful branding and marketing. The property's convenient location also offers easy access to I-95, Boca Raton Airport, and Florida Atlantic University (FAU), expanding its reach to a wider audience. Within walking distance, you'll find a variety of hotels, restaurants, and other retailers, creating a vibrant and attractive commercial environment. This is an exceptional opportunity for businesses seeking high visibility and a strong customer base in a thriving Palm Beach County location. The available space is ready for immediate occupancy.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1965
    Construction CONCRETE
    Total area 8,297 SF
    Lot 0.61 ac (26,602 SF)
    Zoning code R-B-1
    APN 06-43-47-17-00-000-1030
    UPID US18-0969211
    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
    • The Lab Barbershop Barber Shop
    • International Hairlines Academy Florida Scalp Micropigmentation Training Center Hair Salon
    • Boca Dream Hair Hair Salon
    • Aroma Dream Spa Alternative Medicine Practice Spa & Massage Center
    • Shining Driveway Cleaning LLC Landscaping General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $1.45M
    Owner & transaction history
    Legacy One Investments LLC · 1 yrs held
    Legacy One Investments LLC
    since 2024
    2 recorded transactions
    2024
    2002
    $750,000
    Zoning & alternative use
    R-B-1 · Boca Raton, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 2800 Federal Hwy?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message