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1000 NW 9th Ct
Boca Raton, FL 33486

$1,800,000 USD

Medical Condo For Sale  •  3,792 SF

Property Details

  • Property Type Medical
  • Total Building Size 30,000 SF
  • Lot Size 2.12 AC
  • Building Class B
  • Year Built 1990
  • Cap Rate 5.50 %
  • Tenancy Multiple
  • Zoning MC
23 Transit Score
40 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 203 Medical Office 3,792 SF $1,800,000 USD
  • Unit Size: 3,792 SF
  • Condo Use: Medical Office
  • Price: $1,800,000 USD
  • Sale Type: Investment
  • Price/SF: $474.68 USD
Description
Investment opportunity for a 3,792 SF fully-leased medical office condo with upscale finishes in Boca Raton, Florida. Two-story, 30,000 sf building two blocks from the prestigious Baptist Boca Raton Regional Hospital. Features beautifully landscaped fountain courtyard and floor to ceiling glass. Medical office has been converted for administrative use for home health firm. Plumbing is in place for future medical use. Property is leased though March 2028. Virtual Tour at https://www.kenstrends.com/medical-office-sale/

Sale Notes
Contact Broker for income/expense information.

Description 

Investment opportunity for a 3,792 SF fully-leased medical office condo with upscale finishes in Boca Raton, FL. Two-story, 30,000 SF building two blocks from the prestigious Baptist Boca Raton Regional Hospital. Features beautifully landscaped fountain courtyard and floor to ceiling glass. Medical office has been converted for administrative use for home health firm. Plumbing is in place for future medical use. Property is leased though March 2028; Seller willing to subsidize lease to assure desired return. Tenant plans to remain, but lease buyout is possible. (Tenant shall not be contacted under any circumstances).

Highlights

Two blocks from Baptist Boca Raton Regional Hospital
Asking $1,800,000 - $475 per SF
Leased through March 2028
3 New HVAC units installed in 2023
Ample parking with valet available
Seller Willing to Assure Desired Return

Property Flyers

Cap Rate: 5.50 %

Major Tenants

Tenant SF Occupied Lease End Date
Bartzokis, Rubenstein & Servoss, M.D., P.L.
Craig M Brodsky MD
Dr. Jordan Schapiro Endodontics
Dr. Norman Gotlieb, MD

Amenities

  • 24 Hour Access
  • Kitchen
  • Reception
  • Fully Carpeted
  • Natural Light
  • Monument Signage
  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Boca Raton (Mainline - Brightline) 5 min - 1.9 mi
Boca Raton (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail)) 10 min - 4.7 mi
AirportDriveWalkDistance
Fort Lauderdale/Hollywood International 34 min - 24.2 mi
Palm Beach International 36 min - 26.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 112
Type: Surface
Included in Rent: Yes
Kenneth Silberling 561-245-0295 Levy Realty Advisors, LLC
Kenneth Silberling 561-245-0295 Levy Realty Advisors, LLC