101 27Th AveBoynton Beach, FL 33435

Property Details for 101 27Th Ave

Year built

1989

Construction

WOOD

Lot size

0.51 AC

Property size (Sq ft)

3,568 SF

Zone code

C1

Property type

Healthcare properties

Property subtype

Medical offices

APN

08-43-45-33-07-000-0010

APU

8434533070000010

Description

This exceptional 1-unit medical office building, located at 101 SE 27th Avenue in Boynton Beach, Florida, presents a unique investment opportunity. Priced at $2,350,000, this freestanding property boasts a highly desirable location directly across the street from Bethesda Hospital East, ensuring high visibility and convenient access for patients and staff. Constructed in 1989, the building has undergone significant improvements, including the installation of new impact doors and windows, enhancing both security and energy efficiency. The metal roof was replaced in 2011-2012, providing long-term durability and peace of mind. The interior layout is well-suited for medical practices, featuring 10 exam rooms, 4 private offices, a dedicated records/staff room, and two convenient kitchen/break/scrub rooms. Ample parking is available with 26 spaces provided on-site. This property offers a compelling combination of location, recent upgrades, and functional design, making it an ideal investment for healthcare professionals or investors seeking a strong return in a thriving market. The property is situated in Palm Beach County, Florida, with a zip code of 33435. The lot size is not specified.

• CAP approach

  CAP return

  Valuation

  6%

  $1,101,736

  6.5%

  $1,016,987

  7%

  $944,345

• Comparable approach

  Method

  Valuation

  Relative Method

  $955,939

  Geo Method

  $955,939

• Alternative Use

  Use

  Valuation

  Residential

  $1,261,064

  Hospitality

  $1,155,128

  Educational

  $961,053

  Medical

  $994,105

  Retail

  $1,494,971

Location Insight

City

Boynton Beach

County

Palm Beach

State

Florida

Latitude

26.5039

Longitude

-80.0681

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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