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880 E Palmetto Park Rd 4,000 SF Retail Building Boca Raton, FL 33432 $7,500,000 ($1,875/SF)
INVESTMENT HIGHLIGHTS
- Strategic Location in Boca Raton
- Supply-Constrained Luxury Market
- Fully Entitled and Designed
EXECUTIVE SUMMARY
Avison Young, as exclusive advisor, is pleased to present a compelling opportunity to acquire 880 E Palmetto Park Road, a fully-entitled office building strategically located in the heart of Boca Raton, one of the most prestigious and sought-after coastal markets in South Florida. Surrounded by high-end retail, award-winning dining, pristine beaches, and exclusive private clubs such as the Forbes-ranked Royal Palm Yacht & Country Club, the location provides an unmatched combination of prestige, convenience, and desirability. The site benefits from excellent regional access via U.S. Route 1 and I-95, and is just minutes from Boca Raton Airport, with two major international airports—West Palm Beach and Fort Lauderdale—located within a 25-mile radius. Fully designed and entitled, the property is approved for approximately 35,750 square feet of land, with a building plan that includes 4,000 square feet of gross leasable area, making this a rare chance to deliver a high-end product in a supply-constrained, luxury-driven market.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,000 SF
Building Class
B
Year Built
1973
Price
$7,500,000
Price Per SF
$1,875
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.82 AC
Zoning
B1
Parking
36 Spaces (9 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Atrium
- Banking
- Corner Lot
- Security System
- Signage
- Tenant Controlled HVAC
- Drive Thru
- Wheelchair Accessible
- Storage Space
- Monument Signage
- Air Conditioning
- Fiber Optic Internet
- Smoke Detector
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 06-43-47-28-01-000-0390 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,522,664 |
PROPERTY TAXES
Parcel Number
06-43-47-28-01-000-0390
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,522,664
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880 E Palmetto Park Rd
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