4400 Federal HwyBoca Raton, FL 33431

  • Office properties
  • 22,063 SF
For Lease
$24/SF/YR View listing

Property Details for 4400 Federal Hwy

Year built
1985
Construction
CONCRETE
Lot size
4.62 AC
Property size (Sq ft)
22,063 SF
Zone code
R-B-1
Property type
Office properties
Property subtype
Office buildings
APN
06-43-47-08-15-001-0020
APU
6434708150010020

Description

Sanctuary Towers & Shoppes offers a unique opportunity to lease exceptional office and retail space in the thriving Boca Raton market. This Class A building, totaling 70,315 square feet, boasts a prime location at 4400 N Federal Hwy, Boca Raton, FL 33431, conveniently situated on busy Federal Highway and near Spanish River Boulevard. The property features a mix of executive office suites and traditional office spaces, with three available units ranging from 1,042 to 1,510 square feet. Ideal for businesses seeking a prestigious address, the building is newly renovated and offers ample parking for tenants and their clients. On-site management and maintenance ensure a seamless and efficient operation. A full-service executive center adds further convenience. The strategic location provides easy access to major roadways, including I-95, and is within close proximity to Florida Atlantic University, downtown Boca Raton, and Boca Raton Airport. The surrounding area is rich with amenities, including banks, restaurants, Publix, Office Depot, and CVS, as well as upscale residential communities such as The Sanctuary, Boca Marina, Highland Beach, and Intracoastal communities. This is an exceptional opportunity to establish a presence in a highly desirable and well-connected location. Multiple tenancy options are available to accommodate various business needs and sizes.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,452,034
    6.5%
    $5,955,723
    7%
    $5,530,314
  • Comparable approach

    Method
    Valuation
    Relative Method
    $4,262,792
    Geo Method
    $4,262,792
  • Alternative Use

    Use
    Valuation
    Residential
    $7,385,096
    Hospitality
    $6,764,709
    Educational
    $5,628,158
    Medical
    $5,821,720
    Retail
    $8,754,913
4400 Federal Hwy, Boca Raton, Florida

Location Insight

City
Boca Raton
County
Palm Beach
State
Florida
Latitude
26.3888
Longitude
-80.076
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
$368,914
$6,843,248
$13,071,322
$19,914,570
-
$6,843,248
$13,071,322
$19,914,570

FAQs

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