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4800 N Federal Hwy
Boca Raton, FL 33431

$1,500,000 USD

Medical Condo For Sale • 3,278 SF

Property Details

Property Type Medical
Total Building Size 35,800 SF
Lot Size 8 AC
Building Class A
Year Built 1985
Cap Rate 6.00 %
Tenancy Multiple
Zoning RB1, Boca Raton

29 Transit Score

71 Walk Score

1 Unit Available

Name

Condo Use

Size

Price

Details

3rd Floor - Unit B-306

Office

3,278 SF

$1,500,000 USD

Unit Size: 3,278 SF
Condo Use: Office
Price: $1,500,000 USD
Sale Type: Investment or Owner User
Price/SF: $457.60 USD

Description

Class A Condo in Boca's desirable Sanctuary Centre.  Third floor units boasts excellent views and natural light.  Centrally located on Federal Hwy bewteen Boca and Delray Beach with highway access one mile away down Yamato. 13 private offices, kitchenette, large conference room and two entrance/exits. Two rooftop central air units provide ample cooling and building is wired with Fiber-optic internet. Ideal for Doctor Office or other professional use.  A major surgery center is your neighbor. Also available for Lease.

Sale Notes

Ideal for Owner User or Investor. A major state of the art medical center is the adjoining Tenant. Perfect fit for compatible uses and great for visibility of your business if you are a law firm or any other professional advisor. Also available for Lease.

Description

Prime Class A Office or Medical Condo in the highly desirable Sanctuary Centre office complex in East Boca.  Centrally located, third floor location with incredible natural light and tall ceilings only 8/10ths of a mile to I-95. Property manager located on-site.  2024 ESTIMATED Operating Expenses $16.60 per sq/ft.  Abundant parking and Fiber Optic internet! Also available for Lease. Water and drainage available throughout for medical use.

                
                    Highlights
                
                                Class A Space in one of Boca's best buildings
                            
                                Top Floor Location is Bathed in Abundant Natural Light
                            
                                Incredible East Boca Location
                            
                                Sale or Lease Option Available
                            
                                Ample parking for visitors and guests

Financial Summary

Cap Rate:	6.00 %
Total Expenses:	$0 USD

Major Tenants

Tenant	SF Occupied	Lease End Date
Lawyers and Doctors

Amenities

24 Hour Access
Controlled Access
Courtyard
Property Manager on Site
Restaurant
Signage
Reception
Air Conditioning

Public Transportation

Commuter Rail	Drive	Walk	Distance
Boca Raton (Tri-County Commuter - South Florida Regional Transportation Authority (Tri-Rail))	5 min	-	2.0 mi
Boca Raton (Mainline - Brightline)	7 min	-	3.4 mi
Airport	Drive	Walk	Distance
Palm Beach International	31 min	-	23.5 mi
Fort Lauderdale/Hollywood International	36 min	-	27.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	350
Type:	Surface
Included in Rent:	Yes

Chris Nicotra 561-716-8090 Apollo Investment & Real Estate Holdings LLC

4800 N Federal Hwy Boca Raton, FL 33431

$1,500,000 USD

Property Details

1 Unit Available

Description

Sale Notes

Description

Highlights

Financial Summary

Major Tenants

Amenities

Public Transportation

Parking Details

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4800 N Federal Hwy
Boca Raton, FL 33431