16705 Puzzle Pl
Delray Beach, FL 33446
The Slomin Family Center · Specialty Property For Sale · 20,437 SF

PROPERTY SUMMARY Property Address: The Slomin Family Center 16705 Puzzle Place Delray Beach, FL 33446 Parcel/Tax ID: 00-42-46-27-29-001-0000 Property Location: The Property is located at the northeast corner of Morikami Park Road and Puzzle Place. PROPERTY DATA Improvement Data: Briefly described, the Property was a special needs education facility comprised of two buildings. The main daycare/general building is a two-story structure containing 20,450 SF, originally constructed in 2001. There is an adjacent single-story building containing 1,740 SF, which was utilized as a restroom/locker facility in conjunction with the aquatic center. The two buildings are in excellent condition and are of excellent quality construction. The buildings are 100% sprinklered; they are equipped with hardwired smoke detectors with battery backup, pull stations, local & central alarms, and properly inspected & tagged fire extinguishers. The school and surroundings areas are secure with fencing and CCTC camera system. The School is gated and secure with tele-entry system. A fire station and adequate fire hydrants are located within close proximity. Site Description: The Property’s site contains 217,600 SF or 5.00 acres of land. Current Use: The Property was being used as an educational facility. Zoning: “RT”, Residential Transitional District under the jurisdiction of Palm Beach County. Occupancy: 0.00% SALE OF PROPERTY Sales Price: 9,850,000.00 Brokerage: The Property is being offered by Preferred Realty and Management Services, Inc. DESCRIPTION OF THE IMPROVEMENST GENERAL DETAILS Condition: Excellent Year Built: 2001 Effective Age: 5 Total Economic Life 45 Remaining Economic Life: 40 Construction Type: Concrete Block with Stucco Current Occupancy: 0.00% Land to Building Ratio: 9.81 Floor Area Ratio: 0.10 Parking Type: Surface Parking Spaces: 79 Parking Ratio: 3.56 spaces per 1,000 SF