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Property profile & analytics
FOR LEASE
Office buildings

3141 S Military Trl Lake Worth, FL 33463

8,320 SF 0.54 ac lot Built 1983
Entity Owned 7-yr Hold ~ Est. High Equity
Property ID
US18-0914764
Property summary
AI-generated overview

This exceptional investment opportunity presents a well-maintained, two-story Class B office complex located at 3141 S Military Trail in Lake Worth, Florida. The property, built in 1983 and renovated in 2000, encompasses 8,830 square feet across one building and offers 23 individual office suites. Currently, 22 of the 23 units are occupied, demonstrating strong tenant demand and a high occupancy rate. The property features ample parking with 27 spaces available for tenants and guests. The lease structure is a gross lease, simplifying management and providing predictable income streams. The building is situated on a lot with no recorded square footage. The asking price for this turnkey investment is $1,900,000. Annual rent bumps are set at 4%, ensuring consistent growth in rental income. This property presents a rare opportunity to acquire a stable, high-occupancy office complex in a desirable location within Palm Beach County, Florida, with a zip code of 33463. The property's strong performance and potential for future appreciation make it an attractive addition to any investment portfolio. The property is classified as Special Purpose.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1983
Construction CONCRETE
Total area 8,320 SF
Lot 0.54 ac (23,522 SF)
Zoning code UI
APN 00-42-44-24-01-000-0200
UPID US18-0914764
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
  • Elite Group Tax & Insurance Services Accounting Firm Tax Preparation
  • CROSSING CARE, LLC Home Health Care Service
  • Academy of Palm Beach Hair Salon
  • Pom Home Care | Senior Home Care Palm Beach County - FL | Caregiving Services. Home Health Care Service
  • ETAX Software Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.05M
Owner & transaction history
Lra Florida LLC · 7 yrs held
Lra Florida LLC
since 2019
6 recorded transactions
2025
Price N/A
2019
$100
2017
$800,000
2015
$1.1M
1969
Price N/A
1969
Price N/A
Zoning & alternative use
UI · Lake Worth, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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