Prime 1,274 square foot retail space located on the ground floor of 500 Ocean Apartments, a modern 341-unit luxury residential community in the heart of Boynton Beach.
This space is ideal for a bakery, salad bar, juice bar, café, or any concept that does not require a hood system. (A hood can be installed by the tenant if needed). The unit already includes a grease trap, two bathroom, providing excellent flexibility for food and beverage operators.
Positioned directly on S Federal Highway (US-1), the property benefits from strong daily vehicle traffic and outstanding visibility along one of the area’s primary north-south corridors. Average Annual Daily Traffic (AADT): ~23,000 – 28,000 vehicles per day, The location offers convenient access, excellent street presence, and dedicated parking for customers.
The 33435 zip code features a growing and diverse population with solid household incomes, making it an attractive market for neighborhood-serving retail. In addition to the 341 on-site apartment residents, multiple residential projects—both under construction and planned—are located within a two-mile radius, significantly increasing the future customer base and long-term growth potential.
This is an exceptional opportunity to establish your business in one of Boynton Beach’s fastest-growing mixed-use corridors.
Demographic Profile
Population Summary
Radius Population Households Median HH Income Median Age
1 Mile ~8,000 – 9,000 ~3,500 – 4,000 ~$65,000+ ~42 yrs
2 Miles ~28,000 – 32,000 ~11,000 – 12,500 ~$66,000 – $70,000 ~43 yrs
3 Miles ~65,000 – 75,000 ~27,000 – 30,000 ~$68,000+ ~44 yrs
• Population: ~37,000+
• Density: ~5,800 – 6,000 people per square mile
• Median Household Income: ~$66K – $68K
• Per Capita Income: ~$35K – $40K
• Labor Force Participation: 60%+
• Average Family Size: 3.4 – 3.5 persons
• Diverse residential base with strong renter and homeowner mix
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Date available: Now
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Lease term: 3 - 5 Years
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Service type: Triple Net
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Built out as: Restaurants And Cafes
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Space Type: Relet
Heriberto Rios
Canvas Real Estate
