14000 Military TrlDelray Beach, FL 33484

Property Details for 14000 Military Trl

Year built

1987

Construction

CONCRETE

Lot size

1.93 AC

Property size (Sq ft)

34,595 SF

Zone code

POC

Property type

Office properties

Property subtype

Office buildings

APN

12-42-46-13-22-001-0000

APU

12424613220010000

Description

This exceptional Class A medical office building, located at 14000 S Military Trl in Delray Beach, Florida, offers two newly renovated, high-quality medical suites. The building, constructed in 1987 and extensively renovated in 2023, boasts a total of 35,465 square feet across two stories. The available suites range in size from 1,592 to 2,846 square feet, perfect for a variety of medical practices. The property features a modern, two-story glass design and benefits from reserved garage parking, providing convenient access for patients and staff. Situated in Palm Beach County, this building enjoys a prime location in close proximity to Delray Medical Center, ensuring high visibility and accessibility. The building is under new management and offers controlled access for enhanced security. Its convenient location is also served by a local bus line. These move-in ready suites are equipped with custom-built, high-quality finishes, reflecting a recent comprehensive renovation. The building's multiple tenancy structure provides flexibility for various medical professionals.

• CAP approach

  CAP return

  Valuation

  6%

  $10,640,159

  6.5%

  $9,821,685

  7%

  $9,120,136

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,268,692

  Geo Method

  $9,268,692

• Alternative Use

  Use

  Valuation

  Residential

  $12,178,889

  Hospitality

  $11,155,797

  Educational

  $9,281,492

  Medical

  $9,600,697

  Retail

  $14,437,877

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4691

Longitude

-80.1214

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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