490 Palmetto Park Rd Boca Raton, FL 33432-5065
- Office buildings
- 30,988 SF
- 0.43 lot acres
May 27, 2024
Current Use by Public Records
- Chrystelle Whitney Photography / Wedding Photographer
- Gross Hoffman PLLC / Civil Law Attorney
- Johnson William / Insurance Agency
Property Details for 490 Palmetto Park Rd
- Year built
- 1990
- Construction
- CONCRETE
- Lot size
- 0.43 lot acres
- Property size
- 30,988 SF
- Zone code
- DDRI
- Property type
- Office buildings
- APN
- 06-43-47-29-01-015-0011
- APU
- 6434729010150011
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $6,090,000
- ML approach
- $5,960,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $7,125,000
Market price range: $6.76M - $20.3M
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Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0779
- Latitude
- 26.3503
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA