12300 Shore BlvdWellington, FL 33414

Property Details for 12300 Shore Blvd

Year built

2001

Construction

CONCRETE

Lot size

2.69 AC

Property size (Sq ft)

36,451 SF

Zone code

PUD

Property type

Office buildings

APN

73-41-44-15-19-002-0000

APU

73414415190020000

Description

This exceptional Class A, two-story medical office building, totaling 36,451 square feet, presents a rare opportunity in the heart of Wellington, Florida. Built in 2001 and renovated in 2018, Mizner Place offers multiple tenancy options within a sophisticated Mizner-style building. Available spaces range from 1,098 to 1,391 square feet, perfect for a variety of medical or office uses. The property boasts a lush courtyard with a fountain, ample parking including covered and reserved options, and 24-hour access for ultimate convenience. Its strategic location offers easy access to major thoroughfares, including the Florida Turnpike, State Road 7 (441), and the Mall at Wellington Green, ensuring high visibility and accessibility. Situated adjacent to Palm Beach Polo and minutes from Wellington Regional and Palms West hospitals, this property benefits from a high-traffic area and a strong local demographic. The building's zoning is C, and its APN is 73-41-44-15-19-002-0000. The estimated 2024 common area maintenance (CAM) charges are $13.75 per square foot, in addition to base rent. This prestigious address in the equestrian capital of the world, with its proximity to year-round equestrian events including the Winter Equestrian Festival, provides an unparalleled opportunity for businesses seeking a sophisticated and highly visible presence.

• CAP approach

  CAP return

  Valuation

  6%

  $11,206,060

  6.5%

  $10,344,056

  7%

  $9,605,194

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,139,939

  Geo Method

  $10,139,939

• Alternative Use

  Use

  Valuation

  Residential

  $12,826,629

  Hospitality

  $11,749,123

  Educational

  $9,775,133

  Medical

  $10,111,314

  Retail

  $15,205,762

Location Insight

City

Wellington

County

Palm Beach

State

Florida

Latitude

26.6498

Longitude

-80.2416

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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