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5499 N Federal Hwy - The Monterey 1,846 SF Office Condo Unit Offered at $625,000 in Boca Raton, FL 33487

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INVESTMENT HIGHLIGHTS

  • Ideal for owner-operators or investors seeking a prime Boca Raton location
  • Ability to sublet the mezzanine for additional revenue
  • Non-weight-bearing walls can be removed to create an open floor plan
  • Aggressively priced at $625,000
  • Generous 10/1,000 SF parking ratio

EXECUTIVE SUMMARY

This two-story, 1,846 SF office condo features five private offices, a second-floor mezzanine, one bathroom, a utility area, and a kitchen. The layout includes non-weight-bearing walls that can be removed to create a more open floor plan, offering versatility for a variety of business uses. Original wood finishes and ceilings add a touch of sophistication to the space, making it both functional and visually appealing. The building provides a 10/1,000 SF parking ratio and prime visibility on N Federal Highway in Boca Raton.

PROPERTY FACTS Under Contract

Total Building Size 28,466 SF
Property Type
Office (Condo)
  • Office Office Residential
Building Class B
Floors 2
Typical Floor Size 14,233 SF
Year Built 1984
Lot Size 1.84 AC
Parking Ratio 10/1,000 SF
Zoning CC - Commercial

AMENITIES

  • 24 Hour Access
  • Wheelchair Accessible
  • Air Conditioning

1 UNIT AVAILABLE

Unit K

Unit Size 1,846 SF
Price $625,000
Price Per SF $338.57
Condo Use Office
Sale Type Investment or Owner User
Sale Status Under Contract
DESCRIPTION

This two-story, 1,846 SF office condo features five private offices, a second-floor mezzanine, one bathroom, a utility area, and a kitchen. The layout includes non-weight-bearing walls that can be removed to create a more open floor plan, offering versatility for a variety of business uses. Original wood finishes and ceilings add a touch of sophistication to the space, making it both functional and visually appealing. The building provides a 10/1,000 SF parking ratio and prime visibility on N Federal Highway in Boca Raton.

SALE NOTES

This property represents an excellent owner-operator opportunity in the heart of Boca Raton. The second-floor mezzanine office can be sublet, providing a unique chance to maximize investment potential and generate additional income. With its professional layout, premium finishes, and strategic location, this office condo offers significant value in today’s market.

Main Entrance
Foyer
Foyer
Conference Room
Conference Room

+15 More

Conference Room
View Photo Main Entrance
View Photo Foyer
View Photo Foyer
View Photo Conference Room
View Photo Conference Room
View Photo Conference Room
View Photo Main Office
View Photo Main Office
View Photo Printing Room
View Photo 1st Floor
View Photo Kitchen
View Photo 2nd Floor
View Photo Restroom
View Photo Main Hallway
View Photo Foyer
View Photo Mezzanine
View Photo Mezzanine
View Photo Mezzanine Office
View Photo Mezzanine Office
View Photo Aerial
Walk Score®
Very Walkable (74)
Bike Score®
Very Bikeable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
11,471
57,851
161,442
2024 Population
13,863
70,186
183,639
Population Growth '20-'24
20.9%
21.3%
13.8%
2020 Households
5,636
25,885
72,756
2024 Households
6,763
31,857
83,240
Household Growth '20-'24
20.0%
23.1%
14.4%
Average Age
51
47
47
Median Household Income
$85,465
$88,600
$85,078
Daytime Employees
9,457
86,401
171,424
Total Businesses
1,706
9,635
21,005
College Degree + Higher
56%
51%
49%
  • Listing ID: 34213757

  • Date on Market: 12/16/2024

  • Last Updated:

  • Address: 5499 N Federal Hwy, Boca Raton, FL 33487

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