4745 7Th CtBoynton Beach, FL 33426

  • Office properties
  • 6,357 SF
For Sale
$2,300,000 View listing

Property Details for 4745 7Th Ct

Year built
1990
Construction
WOOD
Lot size
1.31 AC
Property size (Sq ft)
6,357 SF
Zone code
PUD
Property type
Office properties
Property subtype
Office buildings
APN
08-43-45-08-04-003-0010
APU
8434508040030010

Description

This exceptional 6,357-square-foot free-standing medical building in Boynton Beach, Florida, presents a unique investment opportunity. Located at 4745 NW 7th Court, 33426, this property boasts a prime location, conveniently situated off Hypoluxo Road and I-95, ensuring easy accessibility. Built in 1990 and recently remodeled, the building currently operates as an adult daycare facility but is ideally suited for a variety of medical uses, including rehabilitation centers. The design incorporates ten separate offices/rooms, five bathrooms, ample common work areas, a full kitchen, and a spacious conference room with a reception area. Additional features include multiple sinks, extensive storage, and several handicapped-accessible bathrooms. The property also includes a large screened-in patio overlooking a tranquil pond. Ample parking is available for staff and clients. The building sits on a substantial 1.33-acre lot, offering significant potential for future expansion or development. While currently configured for medical use, the building is adaptable for standard office settings. This turnkey property offers a rare combination of location, functionality, and size, making it an attractive investment for discerning buyers. The asking price is $2,300,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,962,930
    6.5%
    $1,811,936
    7%
    $1,682,512
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,703,168
    Geo Method
    $1,703,168
  • Alternative Use

    Use
    Valuation
    Residential
    $2,246,800
    Hospitality
    $2,058,057
    Educational
    $1,712,279
    Medical
    $1,771,167
    Retail
    $2,663,546
4745 7Th Ct, Boynton Beach, Florida

Location Insight

City
Boynton Beach
County
Palm Beach
State
Florida
Latitude
26.5714
Longitude
-80.0762
CBSA code
33100
CBSA name
MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$24,808
$435,487
$662,644
$1,098,131
-
$435,487
$662,644
$1,098,131

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