1 Camino RealBoca Raton, FL 33432

Property Details for 1 Camino Real

Year built

1968

Construction

CONCRETE

Lot size

0.58 AC

Property size (Sq ft)

1,830 SF

Zone code

DDRI

Property type

Gas stations

APN

06-43-47-28-03-027-0012

APU

6434728030270012

Description

This exceptional office sublease in the desirable Mizner Park area offers immediate occupancy. The 1-suite, single-tenant space boasts 5 private offices, a conference room, two large bullpen areas, a break room, and a private restroom. Modern glass windows provide ample natural light, and signage opportunities are available. The property features abundant parking, a significant advantage in this location. The sublease has approximately 2.5 to 3 years remaining, subject to the original lease terms. This well-appointed space is perfect for a variety of professional uses, including law firms, call centers, sales offices, insurance agencies, or tax practices. Its convenient location near US-1 and the vibrant Mizner Park offers easy access to numerous restaurants and amenities. The existing partial build-out provides a head start, and there's ample room for expansion to accommodate future growth. A detailed video tour is available for viewing. The property is zoned DDRI and its APN is 06434730260000100. Showings are easy to arrange.

• CAP approach

  CAP return

  Valuation

  6%

  $816,606

  6.5%

  $753,790

  7%

  $699,948

• Comparable approach

  Method

  Valuation

  Relative Method

  $891,007

  Geo Method

  $891,007

• Alternative Use

  Use

  Valuation

  Residential

  $635,850

  Hospitality

  $582,436

  Educational

  $484,580

  Medical

  $501,245

  Retail

  $753,790

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3413

Longitude

-80.0888

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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