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23133 Sandalfoot Plaza Drive, Boca Raton, FL 33428

$6,500,000

Virtual Tour

https://www.propertypanorama.com/instaview/mia/A11924031

Property Type: Commercial Sale Status: Active

Current Price: $6,500,000 List Date: 12/02/2025 Last Modified: 5/03/2026

Overview

Description

23133 Sandalfoot Plaza Drive is a fully stabilized retail asset in Boca Raton’s established Sandalfoot corridor, offering immediate cash flow and long-term income security. The property features prime frontage along US 441 / State Road 7 with over 50,000 vehicles per day and is surrounded by dense residential neighborhoods that drive consistent consumer demand. The center is 100% occupied with a diversified mix of service-oriented tenants, including Jiffy Lube, Express Car Wash, restaurants, and a tint/audio operator, providing essential, repeat-use services that enhance stability and minimize vacancy risk. A strong anchor tenant reinforces the asset’s resilience through market cycles and is currently paying above-market rent, while all leases include annual rent increases, ensuring steady income growth. Additionally, a revenue-generating billboard adds a secondary income stream, further enhancing returns. With solid tenant fundamentals and a prime infill location, this asset prese ... (Read more)

Listing Details MLS# A11924031

General Property Information

Number Of Buildings: Yes
Property Sub Type: Retail
Occupant Type: Call Listing Agent
Year Built: 1990
Parking Total: 26
Lot Size Area: 60272
Lot Size Acres: 1.35

Property Features

Business Type: Retail Location of Property: In Residential Area; Shopping Center Parking Features: Common Sale Includes: Building; Land Construction Materials: Block Road Frontage Type: Highway; State Road Structure Type: Retail Acreage Description: 1 To Less Than 2 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 6500000

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 23133
Street Name: Sandalfoot Plaza
Street Suffix: Drive
City Name: Boca Raton
Municipal Code: 42
State Or Province: FL
Postal Code: 33428
Postal Code +4: 6600
Area: 4240
Geographic Area: PB02
Parcel Number: 00424730340000050
Subdivision Number: 34
Zoning: CG General Commercia
Flood Zone: AO

Financial Information

Tax Legal Description: SANDALFOOT PLAZA IN PB48P186 LT 5

Status Change Information

Major Change Timestamp: 2025-12-02T21:56:33Z
Major Change Type: New Listing
Status Change Date: 2025-12-02

More Information

Building and Property Details

Improvement Height: 1 Story

Section Details

Parcel Number MLX: 0050

Originating Details

Originating System Key: 423862850
Originating System ID: M00000151

Currently Not Used

Ownership Type: Corporation

Office/Member Information

DXORIGMLSID: SEF

Parking Features

Common: Yes

Structure Type

Retail: Yes

Location of Property

In Residential Area: Yes
Shopping Center: Yes

Business Type

Retail: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

Block: Yes

Road Frontage Type

Highway: Yes
State Road: Yes

Acreage Description

1 To Less Than 2 Acre Lot: Yes

Documents

Offering Memorandum ›

Listing Office: Fortune Christie's Intl R.E.

Last Updated: May - 03 - 2026

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