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3rd Floor - Unit 303-305
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Medical Office
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2,098 SF
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$720,000 USD
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Unit Size: 2,098 SF
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Condo Use: Medical Office
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Price: $720,000 USD
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Sale Type: Investment
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Price/SF: $343.18 USD
Description
2,098-square-foot tenant-occupied office/medical condo situated on the border of Palm Beach and Broward County, offering convenient access to both markets. (This sale excludes Suite 300)
Sale Notes
Units 303-305 at 1700 S Dixie Highway in Boca Raton offer a rare medical condo opportunity within Royal Palm Towers. Organized into seven offices, the 2,098-square-foot space is supported by a central waiting area and two restrooms, making it suitable for various professional uses, including those in the service and medical fields. Recent improvements to flooring, lighting, and interior finishes have created a clean and updated environment for clients and practitioners.
Currently tenant-occupied with leases running through 2026 and 2027, buyers can seamlessly step into an income-producing asset. Options exist to maintain the investment approach as suites become available or transition the space for owner use over time. Seller financing is available.
Location advantages strengthen the long-term value of the property. Positioned near the Palm Beach and Broward County line, the surrounding area comprises approximately 25,300 households with an average income of around $119,000, resulting in nearly $870 million in total consumer spending within a 2-mile radius. Proximity to Mizner Park, the Boca Raton Brightline station, restaurants, retailers, and fitness centers add convenience, while near-direct access to US Highway 1 and a 10-minute connection to Interstate 95 support effortless regional commuting.
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Jennafer Belabin
The Geneva Group
