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Multifamily Land Development Site 2 Properties in Boca Raton, FL
Investment Highlights
- In-place revenue from the existing two-story Boca Executive Center provides immediate cash flow while development plans progress.
- Plans support an 89-unit, five-story, 10105,422-square-foot modern complex with a mix of one to three-bedroom units, maximizing rental potential.
- Proximity to Florida's Turnpike and Interstate 95 ensures residents enjoy seamless access to employment centers, retail, and entertainment.
- 3 acres of development-ready land offer the opportunity to create a large-scale multifamily project in a highly desirable Boca Raton market.
- Attractive amenities, including a pool, outdoor courtyard, covered patio, and spacious common areas, enhance tenant appeal and retention.
- Land-constrained market conditions drive strong demand, limited competition, and long-term value appreciation for multifamily investors.
Executive Summary
An exceptional multifamily development site sits within the booming Boca Raton market at 8230 210th Street S, an area known for strong rental demand and limited land availability. Spanning 4.77 acres, the property offers a rare opportunity for developers seeking scale in a high-growth South Florida submarket with proven fundamentals and long-term upside.
The site is currently generating in-place revenue from the existing Boca Executive Center, a two-story, 15,048-square-foot office and coworking property situated on 1.77 acres, which can be redeveloped and integrated into the cohesive multifamily community, creating operational and design efficiencies. The remaining 3 acres are development-ready, allowing investors to capitalize on existing cash flow while advancing entitlement and construction plans.
Plans are in place for an 89-unit, five-story, 105,422-square-foot modern multifamily building featuring individual balconies and a desirable mix of one, two, and three-bedroom units. The design includes a spacious lobby and leasing office, a rear-facing covered patio with an outdoor courtyard, a pool, and access to 239 parking spaces. A self-storage facility in front of the site along Boca Rio Road further enhances the property's overall utility and visibility.
Near the intersection of Glades Road and Florida's Turnpike, the property is well connected, with Interstate 95 a 10-minute drive and US Highway 441 nearby. Residents enjoy immediate access to the Lakeside Centre shopping mall, anchored by Marshalls and Publix GreenWise Market.
In a land-constrained market experiencing a new wave of growth, this multifamily opportunity positions developers to capture strong absorption and build long-term value.
Reach out today to learn more about this rare development opportunity.
The site is currently generating in-place revenue from the existing Boca Executive Center, a two-story, 15,048-square-foot office and coworking property situated on 1.77 acres, which can be redeveloped and integrated into the cohesive multifamily community, creating operational and design efficiencies. The remaining 3 acres are development-ready, allowing investors to capitalize on existing cash flow while advancing entitlement and construction plans.
Plans are in place for an 89-unit, five-story, 105,422-square-foot modern multifamily building featuring individual balconies and a desirable mix of one, two, and three-bedroom units. The design includes a spacious lobby and leasing office, a rear-facing covered patio with an outdoor courtyard, a pool, and access to 239 parking spaces. A self-storage facility in front of the site along Boca Rio Road further enhances the property's overall utility and visibility.
Near the intersection of Glades Road and Florida's Turnpike, the property is well connected, with Interstate 95 a 10-minute drive and US Highway 441 nearby. Residents enjoy immediate access to the Lakeside Centre shopping mall, anchored by Marshalls and Publix GreenWise Market.
In a land-constrained market experiencing a new wave of growth, this multifamily opportunity positions developers to capture strong absorption and build long-term value.
Reach out today to learn more about this rare development opportunity.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 15,048 SF |
| Number of Properties | 2 | Total Land Area | 4.77 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 15,048 SF |
| Total Land Area | 4.77 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Boca Raton Commerce Center
8230 210th St S, Boca Raton, FL 33433 |
Land | 3.00 AC | - | - |
|
Boca Executive Center
8230 210th St S, Boca Raton, FL 33433 |
Office | 15,048 SF | 2012 | - |
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