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1650 S Dixie Hwy - Royal Palm Tower II 2,098 SF Office/Medical Condo Unit Offered at $720,000 in Boca Raton, FL 33432

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Investment Highlights

  • Seller financing creates additional accessibility for buyers, improving overall investment performance by reducing initial financing barriers.
  • Recent renovations to flooring, lighting, and finishes reduce upfront capital needs and help support strong tenant satisfaction and retention.
  • Centrally positioned along a major Boca Raton business corridor
  • Existing tenants with leases extending through 2026 and 2027 provide a reliable cash flow, giving buyers a stable income stream from day one.
  • Flexible long-term options enable an investor to maintain leased offices for steady returns or gradually transition the space toward owner-occupancy.
  • Excellent owner-user opportunity in a high-demand location

Executive Summary

Located in the heart of East Boca Raton, this office and medical professional condo offering at 1650 S Dixie Hwy, Units 303–305, provides a rare opportunity for owners seeking an efficient, centrally positioned workspace with strong visibility and year-round demand drivers. Situated on the third floor of a well-established professional building, the space benefits from its strategic location along Boca’s S Dixie Hwy corridor, placing it within minutes of Mizner Park, Boca Raton Regional Hospital, Florida Atlantic University, and multiple dense residential neighborhoods that support a robust daytime working population.

Property Facts

Total Building Size 14,318 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 5
Typical Floor Size 2,864 SF
Year Built 1983
Lot Size 3.43 AC
Parking Ratio 4.89/1,000 SF
Zoning POI, Boca Raton - Office Condominium

Amenities

  • Bus Line
  • Signage

1 Unit Available

Unit 303-305

Unit Size 2,098 SF
Price $720,000
Price Per SF $343.18
Condo Use Office/Medical
Sale Type Investment
APN/Parcel ID 06-43-47-31-12-000-0032, 06-43-47-31-12-000-0033
Description

2,098-square-foot tenant-occupied office/medical condo situated on the border of Palm Beach and Broward County, offering convenient access to both markets. (This sale excludes Suite 300.). The combined 2,098 SF layout delivers a versatile footprint suited for medical practitioners, wellness groups, boutique firms, legal practices, therapy providers, and a range of professional office users. The attached BOMA-standard floor plan illustrates a multi-room design with segmented office areas, potential treatment rooms, administrative zones, and efficient circulation pathways that can accommodate a variety of operational models. Existing divisions across the 303–305 suite grouping provide both privacy and workflow continuity, allowing an owner to tailor the environment to clinical use, confidential work, or collaborative professional teams.

Sale Notes

Units 303-305 at 1700 S Dixie Highway in Boca Raton offer a rare medical condo opportunity within Royal Palm Towers. Organized into seven offices, the 2,098-square-foot space is supported by a central waiting area and two restrooms, making it suitable for various professional uses, including those in the service and medical fields. Recent improvements to flooring, lighting, and interior finishes have created a clean and updated environment for clients and practitioners.
Ownership in this location benefits from excellent connectivity via U.S. Highway 1, Palmetto Park Road, and major Boca arterial roadways, creating fast access for patients, clients, and staff alike. The surrounding area is rich with residential density, retail convenience, and major institutional anchors, contributing to long-term relevance for both healthcare and general office uses. As East Boca continues to grow with new development, increased household income levels, and strengthening commercial corridors, this condo acquisition represents a strategically positioned asset well suited for owner-users seeking cost stability and long-term operational control within one of South Florida’s most desirable business districts.
  
Currently tenant-occupied with leases running through 2026 and 2027, buyers can seamlessly step into an income-producing asset. Options exist to maintain the investment approach as suites become available or transition the space for owner use over time. Seller financing is available.
  
Location advantages strengthen the long-term value of the property. Positioned near the Palm Beach and Broward County line, the surrounding area comprises approximately 25,300 households with an average income of around $119,000, resulting in nearly $870 million in total consumer spending within a 2-mile radius. Proximity to Mizner Park, the Boca Raton Brightline station, restaurants, retailers, and fitness centers adds convenience, while near-direct access to US Highway 1 and a 10-minute connection to Interstate 95 support effortless regional commuting.

Suite 305
View Photo Suite 305

Demographics

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 mile
3 mile
5 mile
2020 Population
13,772
94,819
225,573
2024 Population
15,898
106,956
245,285
Population Growth '20-'24
15.4%
12.8%
8.7%
2020 Households
6,724
41,205
97,546
2024 Households
7,708
46,966
107,643
Household Growth '20-'24
14.6%
14.0%
10.4%
Average Age
45
45
46
Median Household Income
$76,033
$70,707
$66,215
Daytime Employees
9,979
87,193
184,605
Total Businesses
1,722
10,771
22,292
College Degree + Higher
52%
42%
41%
  • Listing ID: 37865543

  • Date on Market: 10/17/2025

  • Last Updated:

  • Address: 1650 S Dixie Hwy, Boca Raton, FL 33432

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