Individually Owned Property summary
This exceptional Class A, three-story office building, located at 490 E Palmetto Park Rd in Boca Raton, FL 33432, offers 31,784 square feet of space. Currently, 13,350 square feet is vacant, with a maximum contiguous space of 9,670 square feet available on the third floor, featuring a large balcony with Intracoastal views. The building boasts 92 parking spaces, elevators, and is conveniently located near major roadways (Federal Highway, I-95, South Ocean Boulevard), Tri-Rail, and Brightline… stations. Its proximity to Mizner Park, Royal Palm Place, The Boca Raton resort, and the beach enhances its appeal. Built in 1990, this property is zoned DDRI—DOWNTOWN DDRI (06-BOCA RATON) and offers a blend of traditional office, executive office, and coworking space options. Multiple tenancy is available, with smaller spaces ranging from 1,000 to 9,670 square feet. This landmark building provides unparalleled visibility and accessibility, making it an ideal location for businesses seeking a prestigious address in downtown Boca Raton. The property's location offers a unique blend of business convenience and lifestyle amenities, creating a desirable work environment. This is a rare opportunity to secure space in one of East Boca's most sought-after locations.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
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 nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 30,988 SF
- Lot area
- 0.43 ac
- Year built
- 1990
- Stories
- 3
- APN
- 06-43-47-29-01-015-0011
- Zoning
- DDRI
- Assessed value · 2023
- $5,761,840
- Annual tax · 2023
- $90,295
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
DDRI development shall mean any development permitted under Ordinance 4035 as amended from time to time. (b) Rear separator line shall mean the line of demarcation, as set forth in this section, between residential devel…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
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- 300 owner contacts a month
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- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Signals, scores & lead lists
- 1500 owner contacts a month
- 150 full reports a month
- Ownership
- Owner Contacts
- Location Analytics
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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