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 $6,355,000
    Strip malls

    3200 Federal Hwy, Boca Raton, FL 33431-6035

    24,277 SF 3.62 ac lot Built 1975
    Entity Owned 20-yr Hold Free & Clear
    Property ID
    US18-5305571
    Property summary
    AI-generated overview

    Boca Plaza offers exceptional office and retail space in a recently renovated, two-story building situated in the vibrant Boca Raton submarket of Palm Beach County. Built in 1977, this property boasts 220 total parking spaces, ensuring ample convenience for tenants and their clients. Currently, there are multiple tenancy options available, ranging from 822 to 1,290 square feet, ideal for businesses seeking executive suites or traditional office spaces. The plaza enjoys high visibility due to its prime location on Federal Highway, providing excellent exposure for businesses. The property's diverse tenant mix includes popular local establishments such as Santos Restaurant and Carmela Coffee, creating a thriving and attractive environment. The building's blend of retail and office spaces offers a unique opportunity for businesses seeking a dynamic and convenient location. The property is offered for lease directly by the owner, providing a streamlined and efficient leasing process. This presents a compelling investment opportunity for businesses seeking a well-maintained, conveniently located, and highly visible space in the heart of Boca Raton. The combination of established local businesses and available office space creates a synergistic environment perfect for growth and success. The ample parking further enhances the property's appeal, ensuring a positive experience for both tenants and their visitors.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1975
    Construction CONCRETE
    Total area 24,277 SF
    Lot 3.62 ac (157,500 SF)
    Zoning code R-B-1
    APN 06-43-47-08-04-098-0120
    UPID US18-5305571
    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
    • Let's Grow Well Together Inc Physician
    • Immigration Law Office of David Kilpatrick Law Firm
    • Robert Wheeler Insurance Agency
    • Island Shores Apartments Apartment Building
    • Gifted Healthcare Inc Home Health Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $7.19M
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $6.36M
    Owner & transaction history
    Boca Plaza LLC · 20 yrs held
    Boca Plaza LLC
    since 2006
    5 recorded transactions
    2019
    2019
    2007
    2006
    2006
    Zoning & alternative use
    R-B-1 · Boca Raton, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $9.7M +0.9%
    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 3200 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