1300 Federal HwyBoca Raton, FL 33432

  • Office properties
  • 1,543 SF
For Lease

Property Details for 1300 Federal Hwy

Year built
1980
Construction
CONCRETE BLOCKS
Property size (Sq ft)
1,543 SF
Property type
Office properties
Property subtype
Office buildings
APN
06-43-47-20-37-000-1010
APU
6434720370001010

Description

This exceptional office suite, located at 1300 N Federal Hwy in Boca Raton, FL 33432, offers 210 square feet of renovated space in the prestigious Squires Building. The suite boasts a contemporary design with ample natural light, multiple offices, a spacious common area perfect for collaboration or reception, and a dedicated storage room. Building amenities include high-speed internet access, central air conditioning and heating, secure entry, and ample on-site parking. The building's prime location in Downtown Boca Raton's East submarket, near Federal Hwy and Glades Road, provides easy access to shops, cafes, cultural attractions like Mizner Park, major highways, and public transportation. The recent renovation features sleek finishes, modern lighting, and ergonomic furniture, creating a vibrant and productive work environment ideal for small businesses, startups, or individual professionals. The entire Squires Building comprises 22,000 square feet. This is a single-tenancy office space within a larger traditional office building.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $468,393
    6.5%
    $432,363
    7%
    $401,480
  • Comparable approach

    Method
    Valuation
    Relative Method
    $298,123
    Geo Method
    $298,123
  • Alternative Use

    Use
    Valuation
    Residential
    $536,130
    Hospitality
    $491,092
    Educational
    $408,583
    Medical
    $422,634
    Retail
    $635,573
1300 Federal Hwy, Boca Raton, Florida

Location Insight

City
Boca Raton
County
Palm Beach
State
Florida
Latitude
26.3627
Longitude
-80.0805
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
$6,536
-
$352,052
$352,052
-
-
$352,052
$352,052

FAQs

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