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353 Hiatt Dr - Guidepost Montessori 13,000 SF Specialty Building Offered at $10,800,000 at a 5% Cap Rate in Palm Beach Gardens, FL 33418
Executive Summary
Palm Beach Gardens (353 Hiatt Dr, Palm Beach Gardens, FL)
• Affluent North Palm Beach submarket adjacent to the PGA National community and near Florida’s Turnpike and I-95, providing easy access for families commuting across Palm Beach County.
• Household income strength:
1. City of Palm Beach Gardens median household income ˜ $110,563; average household income ˜ $185,217 (2023).
2. ZIP 33418 (subject’s ZIP) shows median household income ˜ $123,405, significantly above the Florida median.
• Demographic profile: older, highly educated, high-income households; Palm Beach Gardens has a high bachelor’s+ attainment rate (~56.7%) and a median age around 50 years.
• This positions the Hiatt Drive school to capture stable, upper-income family demand for private early-childhood education.
• Affluent North Palm Beach submarket adjacent to the PGA National community and near Florida’s Turnpike and I-95, providing easy access for families commuting across Palm Beach County.
• Household income strength:
1. City of Palm Beach Gardens median household income ˜ $110,563; average household income ˜ $185,217 (2023).
2. ZIP 33418 (subject’s ZIP) shows median household income ˜ $123,405, significantly above the Florida median.
• Demographic profile: older, highly educated, high-income households; Palm Beach Gardens has a high bachelor’s+ attainment rate (~56.7%) and a median age around 50 years.
• This positions the Hiatt Drive school to capture stable, upper-income family demand for private early-childhood education.
Property Facts
| Price | $10,800,000 | Building Class | C |
| Price Per SF | $830.77 | Lot Size | 1.49 AC |
| Sale Type | Investment or Owner User | Building Size | 13,000 SF |
| Cap Rate | 5% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1990 |
| Property Subtype | School | Parking Ratio | 3.69/1,000 SF |
| Zoning | I - Light Industrial | ||
| Price | $10,800,000 |
| Price Per SF | $830.77 |
| Sale Type | Investment or Owner User |
| Cap Rate | 5% |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 1.49 AC |
| Building Size | 13,000 SF |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 3.69/1,000 SF |
| Zoning | I - Light Industrial |
Amenities
- Air Conditioning
1 1
Property Taxes
| Parcel Number | 52-42-42-15-15-000-0031 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,989,961 |
Property Taxes
Parcel Number
52-42-42-15-15-000-0031
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,989,961
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353 Hiatt Dr - Guidepost Montessori
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