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    OFF-MARKET Estimated value $4,205,000
    Strip malls

    7301 Federal Hwy, Boca Raton, FL 33487-1900

    28,669 SF 2.75 ac lot Built 1987
    Entity Owned 7-yr Hold ~ Est. High Equity
    Property ID
    US18-2817597
    Property summary
    AI-generated overview

    This 28,669 square foot retail shopping center and storefront, situated on 2.75 acres at 7301 N Federal Hwy in Boca Raton, Florida (33487), presents a compelling owner-user or redevelopment opportunity. Built in 1987, this single-story Class C property features multi-tenancy and is zoned R-B-1/B4—BUSINESS (06-BOCA RATON). The asking price is $12,000,000. Its prime location in the northeastern part of Boca Raton, less than a mile from Delray Beach, offers exceptional visibility on Federal Highway (US-1), boasting high traffic counts. The property is adjacent to Boca Valley Plaza, anchored by Publix and featuring various retail businesses. Its proximity to I-95, Downtown Boca Raton, Downtown Delray Beach, and numerous attractions including Mizner Park, the Boca Raton Museum of Art, and Gumbo Limbo Nature Center, enhances its appeal. Convenient access to Brightline's Boca Raton Station, Boca Raton Airport, Palm Beach International Airport, and the Port of Palm Beach further strengthens its strategic position. The property's flexible zoning allows for potential rezoning and redevelopment, making it suitable for profitable rental opportunities or the creation of high-end townhomes. The strong economic foundation and desirable demographics of Boca Raton contribute to the property's high potential. The APN is 06-43-46-32-12-005-0010.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1987
    Construction CONCRETE
    Total area 28,669 SF
    Lot 2.75 ac (119,960 SF)
    Zoning code R-B-1/B4
    APN 06-43-46-32-12-005-0010
    UPID US18-2817597
    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
    • BELAMO Patio Furniture Furniture & Home Goods Hardware & Home Improvement
    • All.Isurance Insurance Agency
    • Pace Florida Division Marketing & Advertising Advertising Agency
    • Capitol Lighting (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.21M
    Owner & transaction history
    H & M Realty Florida LLC · 7 yrs held
    H & M Realty Florida LLC
    since 2018
    3 recorded transactions
    2018
    1969
    1969
    Zoning & alternative use
    R-B-1/B4 · Boca Raton, FL
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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