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Property profile & analytics
FOR LEASE
Office buildings
7035 Beracasa Way Boca Raton, FL 33433
Entity Owned
11-yr Hold
~
Est. High Equity
Property ID
US18-1266635
For Lease
1 / 3
$4,860,000
7035 Beracasa Way, Boca Raton, FL 33433
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
1984
Construction
CONCRETE
Total area
17,392 SF
Lot
1.25 ac (54,611 SF)
Zoning code
CG
APN
00-42-47-21-10-000-0060
UPID
US18-1266635
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
-
MD Now Urgent Care - Boca Raton Medical Clinic
-
Hoot Myopia Care Medical Clinic
-
Daniel Deakter Physician
-
Physical Evidence CryoSuite Alternative Medicine Practice Spa & Massage Center
-
Elana Kaplove Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.86M
Owner & transaction history
Fr Florida INC · 11 yrs held
Fr Florida INC
since 2014
4 recorded transactions
Zoning & alternative use
CG · Boca Raton, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Boca Raton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Boca Raton submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$279 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$44,964
Tax year 2023
Assessed value
$3,027,591
Assessed 2023
Previous assessed
$2,854,036
+6.1% YoY
Effective rate
1.49%
On assessed value
Assessed land
$1,334,196
Assessed improvement
$1,693,395
Land market value
$1,334,196
Improvement market value
$1,693,395
Total market value
$3,027,591
Applied tax rate
164.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Status
For Lease
Year built
1984
Construction
CONCRETE
Heating
FORCED AIR
Cooling
CENTRAL
Stories
2
Bathrooms
34
Total area
17,392 SF
Lot
1.25 ac (54,611 SF)
Zoning code
CG
APN
00-42-47-21-10-000-0060
UPID
US18-1266635
Jurisdiction
PALM BEACH
Metro division
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL METROPOLITAN DIVISION
Zoning & alternative use
CG · Boca Raton, FL
Zoning CG · permitted uses
CG · Boca Raton, FL
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Boca Raton. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1984
Construction
CONCRETE
Heating
FORCED AIR
Cooling
Yes
Stories
2
Bathrooms
34
Lot
1.25 ac
Current owner
From public records · entity-resolved
Fr Florida INC
Entity
Mailing address
909 ROSE AVE STE #200, NORTH BETHESDA, MD 20852-8724
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 16, 2014
$3,850,000
Fr Florida INC
Htj LLC
Grant Deed
—
Mar 14, 2002
$2,760,000
7035 Realty Holdings LLC
7035 Corp
Grant Deed
related
$2,100,000 · Morgan Stanley Bank
May 15, 1998
$1,615,000
7035 Corp
Gms Partnership
Grant Deed
$1,500,000 · Comerica Bank & Trust Fsb
—
—
Htj LLC
—
Deed Of Trust
related
$1,879,350 · Sabadell United Bank NA
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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