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7300 N Federal Highway, Boca Raton, FL 33487

$2,050,000

Property Type: Commercial Sale Square Footage: 11,450 Status: Closed

Current Price: $2,050,000 List Date: 6/23/2015 Last Modified: 1/13/2026

Overview

Description

The property is a very well maintained and well located two story, 11,445 square foot, Class ''B'' freestanding professional / medical office building comprised of eight individual condominium units, The Property also includes a 2,100 pound capacity elevator with a full-glass window. All offices are nicely built out and directly accessible from the outside making all square footage onsite rentable space. Located on a signalized corner intersection on US1 in East Boca Raton, Florida. The building was constructed in 1984 and sits on approximately 0.66 acres. The property is currently 100% occupied with a 6.4% CAP rate with upside potential to over an 8% CAP.

Listing Details MLS# R10114338

General Property Information

Number Of Units Total: 7
Building Area Main: 11450
Building Area Source: Public Records
Year Built: 1984
Lot Size Area: 28749.6
Lot Size Acres: 0.66
Stories: 2

Property Features

Business Type: Professional/Office Ceiling: Acoustic Common Area Maintenance Includes: Exterior Maintenance; Lawn Care; Sales Tax; Sewer; Water Documents Available: Existing Survey; Investment Analysis; Owner Managed Electric: 220 Volts Flooring: Carpet; Ceramic Tile; Wood; Other Heating: Central Location of Property: City Location Possession: Close Of Escrow Property Condition: Resale Sale Includes: Building; Land Tenant Pays: Cable TV; Electricity Construction Materials: CBS Cooling: Central Air Listing Terms: Cash; Conventional Traffic Type: Medium Roof: Composition; Concrete; Other Security Features: Security System Owned; None Structure Type: Office Utilities: Cable Available Water Source: Public Showing Requirements: Appointment Only; Call Listing Agent; Listing Agent Must Accompany Contingencies: None

Contract Information

Comp Sale YN: No
Original List Price: 2200000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 7300
Street Direction Prefix: N
Street Name: Federal
Street Suffix: Highway
City Name: Boca Raton
State Or Province: FL
Postal Code: 33487
Area: 4240
Geographic Area: PB02
Parcel Number: 06434632280001001
Multiple Offers Accepted: No
Zoning: RB1 Commercial
Directions: SE CORNER OF US1 & NE 74TH STREET
Property Description: Commercial Office

Financial Information

Tax Annual Amount: 33609
Tax Year: 2014
Tax Legal Description: BOCA BAY EXECUTIVE BLDG COND UNITS 1-1 THRU 1-140

Status Change Information

Major Change Timestamp: 2015-08-20T04:17:31Z
Major Change Type: Status Change
Price Change Timestamp: 2015-06-13T20:30:23Z
Status Change Date: 2015-08-20
Under Contract Date: 2015-07-28
Close Date: 2015-07-31
Close Price: 2050000
Buyer Financing: Cash

More Information

Building and Property Details

# Of Offices: 9
# Of Toilets: 15
% Air Conditioned: 100
Maximum Ceiling Height: 9

Meter Information

Number Of Meters Total: 9

Price Calculations

Current Price To SqFt: 179.03
Original List Price To Close Price: 1.07

Originating Details

Originating System Key: 20150225142206769327000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

220 Volts: Yes

Flooring

Carpet: Yes
Ceramic Tile: Yes
Wood: Yes
Other: Yes

Property Condition

Resale: Yes

Documents Available

Existing Survey: Yes
Investment Analysis: Yes
Owner Managed: Yes
Photos: Yes

Structure Type

Office: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes

Location of Property

City Location: Yes

Possession

Close Of Escrow: Yes

Utilities

Cable Available: Yes

Business Type

Professional/Office: Yes

Ceiling

Acoustic: Yes

Common Area Maintenance Includes

Exterior Maintenance: Yes
Lawn Care: Yes
Sales Tax: Yes
Sewer: Yes
Water: Yes

Heating

Central: Yes

Sale Includes

Building: Yes
Land: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Composition: Yes
Concrete: Yes
Other: Yes

Security Features

Security System Owned: Yes
None: Yes

Water Source

Public: Yes

Cooling

Central Air: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Listing Agent Must Accompany: Yes

Traffic Type

Medium: Yes

Contingencies

None: Yes

Listing Office: JSM Realty Services, Inc.

Last Updated: January - 13 - 2026

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