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Property profile & analytics

499 E Palmetto Park Rd Boca Raton, FL 33432

  • Retail space
  • 9,560 SF
  • 0.52 lot acres
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US19-0172285
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • caterina torres, ms, lmhc, pa / Mental Health Clinic
  • Vector International Pictures - Adavenuegroup - East Cost / Corporate Office
  • Sherry Rawiszer LLC / Mental Health Service
  • Yacht & Boat Party Rental Boca Raton / Boat Rental Service
  • My Prime Mortgage / Mortgage Broker

Property Details for 499 E Palmetto Park Rd

Year built
1969
Construction
CONCRETE
Lot size
0.52 lot acres
Property size
9,560 SF
Zone code
DDRI
Property type
Retail space
APN
06-43-47-20-04-000-0220
APU
6434720040000220

Description

This exceptional office building, located at 499 East Palmetto Park Road, offers 9,560 leasable square feet on a 0.51-acre lot. Built in 1969 and renovated in 2005, the building features a striking Mediterranean-inspired façade with Tuscan finishes. Currently, four office spaces are available, ranging from 172 to 229 square feet. The building boasts 20 newly renovated, postmodern executive suites, complete with a shared reception area, waiting area, and conference room. Each suite enjoys vibrant lighting and stunning views of Palmetto Park Road, Boca Inlet Park, and 5th Avenue. The property's convenient location places it seconds from downtown Boca Raton and Palm Beach County's most affluent coastal communities. The building is home to a popular Italian restaurant, Trattoria Romana. Ample parking is available both on-site and on the street. Individual utility and electric meters ensure efficient cost management. Each unit features its own HVAC system, with tenant responsibility for maintenance. The diverse tenant mix includes professionals from architecture, health, law, and business. This is a unique opportunity to secure office space in a highly desirable Boca Raton location.


Value Estimations

based on Realmo’s proprietary methodology
  • CAP approach

    CAP Return
    Estimation
    6%
    $2,695,000
    6.5%
    $2,485,000
    7%
    $2,310,000

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Boca Raton
County
Palm Beach
State
Florida
Longitude
-80.0779
Latitude
26.3509
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$66,875
$2,336,900
$1,087,634
$3,424,534
-
$2,336,900
$1,087,634
$3,424,534
More about this property
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