7301 Palmetto Park Rd Ste 101a Boca Raton, FL 33433-3455
Property profile & analytics
7301 Palmetto Park Rd Ste 101a, Boca Raton, FL 33433-3455
- Office buildings
- 50,929 SF
- 4.44 lot acres
Property ID
US18-3677762
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.
Location Intelligence
Current Use by Public Records
- Scott Hirsch Law Group / Law Firm
- Smartyperks / (Bike/Boat/Book/etc) Store / Corporate Office
- Glickman Steven E DDS / Dental Office
- Dr. Benejam / Physician / Medical Clinic
- Janice L. Jacobs, PHD / Physician / Medical Clinic
Property Details for 7301 Palmetto Park Rd Ste 101a
- Year built
- 1982
- Construction
- CONCRETE
- Lot size
- 4.44 lot acres
- Zone code
- CG
- Property type
- Office buildings
- APN
- 00-42-47-21-14-000-0010
- APU
- 424721140000010
Description
This exceptional two-story, 63,784-square-foot Class B office building, located in Boca Raton West at 7301 W Palmetto Park Rd, Boca Raton, FL 33433, offers a diverse range of office spaces ideal for medical, executive, or traditional office uses. Built in 1985 and extensively renovated in 2024, the property boasts a convenient location between I-95 and Florida's Turnpike, providing easy access for employees and clients. The building features a generous 4.4/1,000 parking ratio, ensuring ample parking for tenants and visitors. Currently, the building houses a mix of tenants, including Baptist/Boca Raton Regional Hospital and numerous medical professionals, demonstrating its strong appeal within the medical community. Four suites are currently available, ranging from 997 to 1,763 square feet. The lease rate is $27.00 NNN, with operating expenses of $14.25. Electric is separately metered, and tenants have individual air conditioning control. Common area renovations are currently underway, and on-site property management ensures smooth operations. This property presents a compelling investment opportunity in a thriving Boca Raton submarket. Palm Beach County location.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $24,000,000
- 6.5%
- $22,150,000
- 7%
- $20,570,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $26,711,000
Market price range: $13.9M - $88.3M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $41,305,000 Current use
- RESTAURANT
- $35,150,000 Change: -15% Conversion: Moderate
- APARTMENT HOUSE (5+ UNITS)
- $34,915,000 Change: -15% Conversion: Easy
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Boca Raton
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.1591
- Latitude
- 26.3511
- 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
$157,452
$3,594,674
$5,589,398
$9,184,072
-
$3,594,674
$5,589,398
$9,184,072
