← All properties
For Sale Available Listing #68676

4,200 SF Medical For Sale — $5,000,000 — 3196 N Federal Hwy, Boca Raton

3196 N Federal Hwy · Entire Property · Boca Raton, FL 33431
4,200 SFAvailable space
Medical OfficeProperty type
28Parking spaces
1974Year built
Quick Unit Specs
4,200 SF Sq Ft
Medical Office Type
Available Status
For Sale Listing Type
— Lease Rate
— Monthly Rate
— Lease Terms
— Lease Type
$5,000,000 Asking Price
$1,190.48 Price / SF
— Cap Rate
— NOI
— Condition
— Power
— HVAC
28 spaces Estimated Parking
— Yard
Location Map Click to explore · switch to satellite inside the map
Floor Plan
Floor plan not available yet Ask us and we'll get it to you as soon as it's available.
Building Description
Executive Summary
1000 SF of premier free standing ground floor medical space.
Four offices, two with sinks
Shared waiting room & reception area for maximum value
Building Specifications
CityBoca Raton, FL
ZIP Code33431
Year Built1974
Gross Leasable Area3,995 SF
Total Building SF3,995 SF
Land Area18,999 SF
Lot Size0.44 AC
Parking (building)28 Spaces
ConstructionSTUCCO ON MASON
Parking Ratio6.67/1,000 SF
Floor Area Ratio0.21
Walk Score70/100
Approved Uses by Zoning — R-B-1 Motel-Business (RB1)

Uses permitted by right under the municipality’s zoning for this district. The property may carry additional restrictions (deed, association or lease), so tenants are responsible for confirming their intended use with the municipality and landlord before committing.

Allowed by right
Banks and financial institutions, Child care and adult care centers (subject to Sec. 28-1416 et seq.), Hospitals, convalescent homes, assisted living facilities, and nursing homes, Places of public assembly, Business, trade, technical or secretarial schools, Business offices, professional offices and governmental buildings, Duplicating, copying, letter and secretarial service establishments, Personal service shops, Retail stores, Bakeries and similar places for preparation of food sold at retail on the premises (subject to Sec. 28-1328), Laundry and drycleaning pickup shops, and drycleaning and pressing establishments using only nontoxic nonflammable fluorocarbon solvents, max 5 employees, no pickup/delivery other than consumers on site, Mortuaries, Interior decorators, photographic galleries, artists' studios, Parking lots or parking structures, Retail establishments selling donated articles for the sole benefit of not-for-profit religious/philanthropic organizations (upon written application to and approval by the city council), Motorcar fuel stations (service stations), subject to Sec. 28-1386 et seq., Restaurants (subject to Sec. 4-3); a restaurant with a dance floor requires conditional use approval, Helistops (subject to Sec. 28-1451 et seq.), Utility substations subject to approval of the planning and zoning board and the city council, Retail pharmacies and medical marijuana treatment center dispensing facilities (subject to Sec. 28-1312), Telecom web-hosting facilities, City parks/recreation facilities and city water/sewer/reclaimed water/stormwater facilities (Sec. 28-1305(a),(b), permitted in all districts)
With special approval
Hotels, motels, tourist homes (conditional use approval, Art. II Div. 4), Any restaurant which includes a dance floor or dancing area (conditional use approval, Art. II Div. 4), Bars, nightclubs and drinking establishments, subject to Sec. 4-3 (conditional use approval, Art. II Div. 4), New car agencies, per Sec. 28-1302 (conditional use approval, Art. II Div. 4), Substance abuse treatment facility, not within 1,000 feet of another existing such facility (conditional use approval, Art. II Div. 4), Car washes, subject to Sec. 28-1319 (conditional use approval, Art. II Div. 4)
Read the full RB1 zoning guide ›

Neighborhood Demographics · Census Tract 007302

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
5,570
Population
$78,938
Median Household Income
52
Median Age
2,341
Households
$443,800
Median Home Value
Household Income of 2,341 households
<$50k801 34%
$50–100k434 19%
$100–150k603 26%
$150k+503 21%
Age of 5,570 residents
Under 18927 17%
18–341,086 19%
35–54960 17%
55–641,407 25%
65+1,190 21%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
11,658
population
4,633 households
$125,153 avg income
3 Miles
60,121
population
26,211 households
$152,747 avg income
5 Miles
167,149
population
72,908 households
$139,673 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts N Federal Hwy. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
30,000vehicles / day on N Federal Hwy (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ N Federal Hwy 30,000
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on N Federal Hwy
30,000 AADT (2025)
27,500 AADT between END OF BRIDGE 930250 and FEDERAL HWY (2025)
18,400 AADT between END OF BRIDGE 860594 and SR-794/YAMATO RD (2025)
16,000 AADT between SR-5/US-1 and SR-A1A/N OCEAN BLVD (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Street View Click to load · then drag to look around
Asking Price
$5,000,000
Listing Courtesy of The Keyes Company – Commercial Sales & Leasing
Maggie Graham
Maggie Graham
The Keyes Company – Commercial Sales & Leasing
Inquire about this property
Key highlights
  • Adjacent to banking, retail and restaurants
  • Conveniently located to New Spanish River, I-95 Exit
Extended Unit Specifications
Suite Entire Property
Available Now
Clear Height —
Drive-In Bays —
Dock-High Bays —
Office SF —
Restrooms —
Parking Ratio 6.67
Op. Expenses —
Appraiser Data
Parcel Control No.06434717000001110
Assessed Value$1,515,605
Land Value$797,958
Improvement Value$689,450
Legal Description
17-47-43, S 100 FT OF N 225 FT
Sale History
Sale 1$1,000,000 · 8/2015
Source: Palm Beach County Appraiser Records
Proximity
✈ Airports
Palm Beach Intl (PBI) 24.5 mi 33 min drive
Ft. Lauderdale (FLL) 27.4 mi 38 min drive
Miami Intl (MIA) 42.4 mi
⚓ Seaports
Port of Palm Beach 27.1 mi
Port Everglades 19.9 mi
PortMiami 42.0 mi