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Property profile & analytics
OFF-MARKET Estimated value $835,000
Medical Office Space

650 Boynton Bch Blvd Boynton Beach, FL 33426-3654

4,364 SF 0.6 ac lot Built 1989
Entity Owned 6-yr Hold ~ Est. High Equity
Property ID
US18-8037368
Property summary
AI-generated overview

This exceptional single-story office building, located at 650 W Boynton Beach Blvd in Boynton Beach, Florida, presents a compelling investment opportunity for both owner-users and investors. Boasting 4,364 square feet of net rentable space, the property is ideally suited for medical practices, currently configured as two dental offices. Built in 1989, the building sits on a 0.557-acre lot and is zoned C-2, offering flexibility for various uses. Its convenient location directly adjacent to I-95 ensures high visibility and easy accessibility for patients and clients. Ample on-site parking is available, a significant advantage for this freestanding structure. The asking price is $2,500,000. The property features two units, providing potential for multiple income streams or expansion. This is a rare opportunity to acquire a well-maintained, strategically located office building in a thriving area of Palm Beach County. The property's strong location and existing tenant configuration make it an attractive investment with significant upside potential. Serious inquiries are encouraged.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1989
Construction CONCRETE
Total area 4,364 SF
Lot 0.6 ac (26,306 SF)
Zoning code C2
APN 08-43-45-29-01-002-0220
UPID US18-8037368
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
  • Palm Beach Smiles: Michael I. Barr, DDS Dental Office
  • Palm Beach Smiles - Dr. Michael I. Barr Dental Office
  • Rev Up My Marketing Advertising Agency Marketing & Advertising
  • Dentist Dental Office
  • Hardy Commercial Cleaners Inc. Commercial Cleaning Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$885k
Comparable Approach Comparable
by Request
Blend (final) Blend
$835k
Owner & transaction history
F & A Of Boynton Beach LLC · 6 yrs held
F & A Of Boynton Beach LLC
since 2019
2 recorded transactions
2019
$1.5M
1969
Price N/A
Zoning & alternative use
C2 · Boynton Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

AL ZONING DISTRICT - Whenever the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C-3 community commercial; C-4 general commercial; CBD central business district; and PCD planned commercial dev…

Zone name Neighborhood Commercial
General category COMMERCIAL
Zone area 42.14 ac
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