6751 Federal HwyBoca Raton, FL 33487

Property Details for 6751 Federal Hwy

Year built

2005

Construction

CONCRETE BLOCKS

Lot size

1.00 AC

Property size (Sq ft)

1,258 SF

Property type

Office properties

Property subtype

Office buildings

APN

06-43-47-05-41-000-4010

APU

6434705410004010

Description

This exceptional 6,822 square foot office building, located at 6751 N Federal Highway in Boca Raton, Florida (33487), presents a unique investment opportunity. Built in 2005, the property boasts eight units and is ideally situated just north of Yamato Road and N Federal Highway in East Boca Raton. Originally designed as a high-end law firm, the space features 13 offices (one adaptable as a second conference room), multiple open offices, and two inner offices. High-quality furnishings are negotiable. Amenities include a beautiful reception area, a conference room, a break room, a coffee bar, and a supply/copier room. The building benefits from recently installed new air conditioning systems, 10-foot ceilings, and abundant natural light. Ample parking is available, including six covered spaces. The property's prime location and versatile layout make it suitable for a variety of professional uses, including law firms, insurance companies, and CPA firms. The asking price is $3,580,000.

• CAP approach

  CAP return

  Valuation

  6%

  $367,886

  6.5%

  $339,587

  7%

  $315,330

• Comparable approach

  Method

  Valuation

  Relative Method

  $243,058

  Geo Method

  $243,058

• Alternative Use

  Use

  Valuation

  Residential

  $421,087

  Hospitality

  $385,714

  Educational

  $320,909

  Medical

  $331,946

  Retail

  $499,192

Location Insight

City

Boca Raton

County

Palm Beach

State

Florida

Latitude

26.4096

Longitude

-80.0768

CBSA code

33100

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].