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Financial
Distress signals
Property profile

621 53rd St Boca Raton, FL 33487

OFF-MARKET
Office buildings
Property ID
US18-3389482
241,089 SF 3.23 ac lot Built 1985
Last sale Apr 2025 · $20,604,816
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a Boca Raton office space totaling 7,889 square feet. The office is equipped with CAT 6 cabling and includes Wi‑Fi capability. The interior layout includes 26 cubicles and 10 offices, with each office outfitted with desks and chairs. A kitchen and breakroom are included, and the space is characterized by natural light and elevated views. The building provides above-standard electrical power capacity, and free covered parking is available for occupants.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$639k
Tax billed · 2023
Assessed value$34.00M
Assessed improvement$34.00M
Effective rate1.88%

Value estimate

· Oct 2026
$48.46M
$43.61M – $53.30M
Submarket $/SF estimate$59.86M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$323/SF
ZIP average, outlier-cleaned · 38 recorded sales of this use type
Observed band · Q1–Q3$248 – $442

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LIRP
the LIRP zoning district was constructed shall not be rendered nonconforming as a result of not meeting interior side yard setbacks if su...
General categoryINDUSTRIAL
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Auto Parts Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Auto Parts Store12.4
Convenience Store12.3
Food Market10.6

Location

621 53rd St Boca Raton, FL 33487-8235
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

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 · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1150 Broken Sound NW, Boca Raton, FL 33487-3525 $6,875,000 Nov 2025 71,401 SF
6551 Park Of Commerce, Boca Raton, FL 33487-8218 $14,000,000 Dec 2024 70,136 SF
6111 Broken Sound NW, Boca Raton, FL 33487-2774 $25,000,000 Jun 2024 99,433 SF
5301 Federal, Boca Raton, FL 33487-4917 $11,425,000 Mar 2024 73,802 SF
791 Park Of Commerce, Boca Raton, FL 33487-3632 $20,000,000 Feb 2023 156,918 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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