4000 Federal HwyBoca Raton, FL 33432

Property Details for 4000 Federal Hwy

Year built

1973

Construction

CONCRETE

Lot size

2.27 AC

Property size (Sq ft)

25,673 SF

Zone code

R-B-1

Property type

Office properties

Property subtype

Office buildings

APN

06-43-47-08-40-001-0000

APU

6434708400010000

Description

This exceptional executive office space, located at 4000 North Federal Highway in Boca Raton, Florida, offers a total of 4,498 square feet currently available for lease. Situated on the second floor of the building housing Bank of America (which occupies the ground floor, including a drive-thru), this property boasts a highly desirable location. The suites are newly renovated and offer multiple tenancy options, with a minimum divisible space of 1,389 square feet and a maximum contiguous space of 1,650 square feet. The entire 4,498 square feet is currently vacant and ready for immediate occupancy. This prime Boca Raton address places your business in close proximity to a variety of amenities, including a Publix Supermarket, Walgreens, and Chase Bank. The building's location on the east side of Federal Highway, just north of Spanish River Boulevard, provides excellent visibility and accessibility. The surrounding area includes thriving Intracoastal communities, offering a desirable environment for both employees and clients. This is an unparalleled opportunity to establish your business in a highly sought-after location with modern, renovated office space. The property is in Palm Beach County, Florida, with a zip code of 33431.

• CAP approach

  CAP return

  Valuation

  6%

  $7,507,730

  6.5%

  $6,930,212

  7%

  $6,435,198

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,960,280

  Geo Method

  $4,960,280

• Alternative Use

  Use

  Valuation

  Residential

  $8,593,464

  Hospitality

  $7,871,566

  Educational

  $6,549,051

  Medical

  $6,774,282

  Retail

  $10,187,412

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.3872

Longitude

-80.0759

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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