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1650 S Dixie Hwy - Royal Palm Tower II 2,098 SF Office/Medical Condo Unit Offered at $1,004,544 CAD in Boca Raton, FL 33432

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INVESTMENT HIGHLIGHTS

  • Seller financing creates additional accessibility for buyers, improving overall investment performance by reducing initial financing barriers.
  • Recent renovations to flooring, lighting, and finishes reduce upfront capital needs and help support strong tenant satisfaction and retention.
  • Existing tenants with leases extending through 2026 and 2027 provide a reliable cash flow, giving buyers a stable income stream from day one.
  • Flexible long-term options enable an investor to maintain leased offices for steady returns or gradually transition the space toward owner-occupancy.

PROPERTY FACTS

Total Building Size 14,318 SF
Property Type Office (Condo)
Property Subtype Medical
Building Class B
Floors 5
Typical Floor Size 2,864 SF
Year Built 1983
Lot Size 3.43 AC
Parking Ratio 3.8/1,000 SF
Zoning POI, Boca Raton - Office Condominium

AMENITIES

  • Bus Line
  • Signage

1 UNIT AVAILABLE

Unit 303-305

Unit Size 2,098 SF
Price $1,004,544 CAD
Price Per SF $478.81 CAD
Condo Use Office/Medical
Sale Type Investment
APN/Parcel ID 06-43-47-31-12-000-0032, 06-43-47-31-12-000-0033
DESCRIPTION

2,098-square-foot tenant-occupied office/medical condo situated on the border of Palm Beach and Broward County, offering convenient access to both markets. (This sale excludes Suite 300)

SALE NOTES

Units 303-305 at 1650 S Dixie Highway in Boca Raton offer a rare medical condo opportunity within Royal Palm Towers. Organized into seven offices, the 2,098-square-foot space is supported by a central waiting area and two restrooms, making it suitable for various professional uses, including those in the service and medical fields. Recent improvements to flooring, lighting, and interior finishes have created a clean and updated environment for clients and practitioners.
  
Currently tenant-occupied with leases running through 2026 and 2027, buyers can seamlessly step into an income-producing asset. Options exist to maintain the investment approach as suites become available or transition the space for owner use over time. Seller financing is available.
  
Location advantages strengthen the long-term value of the property. Positioned near the Palm Beach and Broward County line, the surrounding area comprises approximately 25,300 households with an average income of around $119,000, resulting in nearly $870 million in total consumer spending within a 2-mile radius. Proximity to Mizner Park, the Boca Raton Brightline station, restaurants, retailers, and fitness centers add convenience, while near-direct access to US Highway 1 and a 10-minute connection to Interstate 95 support effortless regional commuting.

Suite 305
View Photo Suite 305

DEMOGRAPHICS

Demographics

1 Mile 1 Mi. 3 Miles 3 Mi. 5 Miles 5 Mi.
1 Mile
3 Mile
5 Mile
2020 Population
13,772
94,819
225,573
2024 Population
15,898
106,956
245,285
Population Growth '20-'24
15.4%
12.8%
8.7%
2020 Households
6,724
41,205
97,546
2024 Households
7,708
46,966
107,643
Household Growth '20-'24
14.6%
14.0%
10.4%
Average Age
45
45
46
Median Household Income
$76,033
$70,707
$66,215
Daytime Employees
9,979
87,193
184,605
Total Businesses
1,722
10,771
22,292
College Degree + Higher
52%
42%
41%
$ values in USD
  • Listing ID: 37865543

  • Date on Market: 2025-10-17

  • Last Updated:

  • Address: 1650 S Dixie Hwy, Boca Raton, FL 33432

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