SoldOfficeSold
1095 NW Broken Sound Pkwy NW
Boca Raton, FL 33487
$12,700,000
- 60,050Sq Ft
- $211Per Sq Ft
- 0.6597Acres
- 2008Built
- County
- Palm Beach
- MLS®
- A11825626
Overview
The property consists of a 60,050 SF Class A, three-story office building with 58,786 SF of leasable space and a two-level parking garage. An owner-user has the opportunity to immediately occupy a fully built-out 15,273 SF office suite, while seven long-term tenants provide strong in-place income to offset ownership costs. The property offers a 5.2% in-place cap rate with the potential to achieve an approximately 9.5% pro forma cap rate once 100% occupied. Over $1.7mil in recent renovations and high-end corporate build-out, this property presents a rare combination of turnkey owner-user occupancy and investment upside with no deferred maintenance.
Listing Snapshot
- Price
- $12,700,000
- Days On Site
- N/A
- Bedrooms
- N/A
- Inside Area (SqFt)
- 60,050 sqft
- Total Baths
- N/A
- Full Baths
- N/A
- Partial Baths
- 0
- Lot Size
- 0.6597 Acres
- Year Built
- 2008
- MLS® Number
- A11825626
- Status
- Sold
- Property Tax
- $211,573
- HOA/Condo/Coop Fees
- N/A
- Sq Ft Source
- N/A
Property Details
General Features
3 items
- Property Sub Type
- Office
- SqFt Total
- 60,050
- Zoning
- LIRP (ci
Community Features
1 item
- MLS Area
- 4390
Location
1095 NW Broken Sound Pkwy NW, Boca Raton, FL 33487 · 4390
Neighborhood & Commute
ZIP Code 33487
- Median household income
- $103,139
- Income per person
- $75,932
- Households
- 10,277
- Average household size
- 1.99
- Median age
- 52.1
Source: Walk Score.
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Price & Status History
- Listing updated with changes from the MLS®
- Status changed to Closed
- Price changed to $12,900,000