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Professional Plaza 3196 N Federal Hwy 4,200 SF Office Building Boca Raton, FL 33431 $5,000,000 ($1,190.48/SF)
Investment Highlights
- Adjacent to banking, retail and restaurants
- Conveniently located to New Spanish River, I-95 Exit
Executive Summary
- 1000 SF of premier free standing ground floor medical space.
- Four offices, two with sinks
- Shared waiting room & reception area for maximum value
- Four offices, two with sinks
- Shared waiting room & reception area for maximum value
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$166,344
|
$39.61
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$166,344
|
$39.61
|
| Taxes |
$28,463
|
$6.78
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$28,463
|
$6.78
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $166,344 |
| Annual Per SF | $39.61 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $166,344 |
| Annual Per SF | $39.61 |
| Taxes | |
|---|---|
| Annual | $28,463 |
| Annual Per SF | $6.78 |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $28,463 |
| Annual Per SF | $6.78 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
Sale Type
Investment
Property Type
Office
Property Subtype
Medical
Building Size
4,200 SF
Building Class
A
Year Built
1974
Price
$5,000,000
Price Per SF
$1,190.48
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,200 SF
Building FAR
0.22
Lot Size
0.44 AC
Zoning
RB1 - Office Building
Parking
28 Spaces (6.67 Spaces per 1,000 SF Leased)
1 1
Moderately walkable
70/100
Very drivable
80/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 06-43-47-17-00-000-1110 | Total Assessment | $1,480,487 |
| Land Assessment | $0 | Annual Taxes | $28,463 ($6.78/SF) |
| Improvements Assessment | $0 | Tax Year | 2025 |
Property Taxes
Parcel Number
06-43-47-17-00-000-1110
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,480,487
Annual Taxes
$28,463 ($6.78/SF)
Tax Year
2025
Contacts
-
Maggie Graham -
Renata Moulavi -
Beth McCann -
The Keyes Company - Commercial Sales & Leasing
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