9970 Central Park BlvdBoca Raton, FL 33428

Property Details for 9970 Central Park Blvd

Year built

1995

Construction

CONCRETE

Lot size

0.66 AC

Property size (Sq ft)

59,568 SF

Zone code

CSH

Property type

Healthcare properties

Property subtype

Medical offices

APN

00-42-47-19-20-004-0020

APU

424719200040020

Description

This exceptional 59,568-square-foot office space in Boca Raton, Florida, presents a remarkable opportunity for medical professionals or similar businesses. Located at 9970 N Central Park Blvd N #201 (APN 00424719200040020), this single-tenant office boasts a fully renovated, turn-key interior with high-end finishes. The space is fully furnished and includes a stylish reception area complete with a beverage refrigerator and a high-quality sound system. Modern amenities such as brand new quartz countertops and cabinets are complemented by top-of-the-line furniture, including exam tables. Each exam room is equipped with a sink and plumbing. A convenient kitchen/break room with a refrigerator and microwave is also included, along with private bathrooms within the suite. Ample parking is available for staff and clients. The property is zoned CSH and offers flexible lease terms ranging from one to five years, with the possibility of prorated rent based on the number of days per week the space is utilized. This is an ideal solution for businesses seeking a fully equipped, move-in-ready office space with a convenient location and adaptable lease options.

• CAP approach

  CAP return

  Valuation

  6%

  $14,262,230

  6.5%

  $13,165,136

  7%

  $12,224,769

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,509,133

  Geo Method

  $11,509,133

• Alternative Use

  Use

  Valuation

  Residential

  $16,324,768

  Hospitality

  $14,953,400

  Educational

  $12,441,053

  Medical

  $12,868,920

  Retail

  $19,352,750

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3558

Longitude

-80.2022

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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