Fifteen Hundred Medical Office Condo
$1,290,000
1500 Northwest 10th Avenue Suite 201, Boca Raton, FL 33486
60,202 sqft
Building Size
1.382 acres
Lot Area
Details:
Highlights:
- Prime Boca Raton Medical Location – Situated within a well-established medical corridor near Boca Raton Regional Hospital, benefiting from strong referral patterns and consistent patient demand.
- Turnkey Medical Build-Out – Approximately 2,616 SF featuring seven (7) treatment rooms and four (4) bathrooms, supporting efficient clinical flow and immediate medical occupancy.
- Proven Medical Use – Currently utilized for Physical & Occupational Therapy, demonstrating functionality and adaptability for a wide range of healthcare specialties.
- Attractive for Investors & Owner-Users – Ideal for private or institutional investors seeking stable medical assets, as well as medical professionals looking to relocate or expand an existing practice.
- Resilient Asset Class – Medical office properties historically experience lower vacancy, longer lease terms, and reduced economic sensitivity compared to traditional office space.
- Regional Service Area – Serves patients from Boca Raton, Deerfield Beach, and Delray Beach, enhancing demand depth and long-term tenant viability.
- Flexible Zoning – Zoned MC – Business (Boca Raton), allowing for continued medical use or alternative professional office configurations.
- Strong Market Fundamentals – Located in one of Palm Beach County’s most sought-after submarkets, supported by affluent demographics, population growth, and expanding healthcare demand.
Description:
This offering presents a well-located medical office condominium comprising approximately 2,616 square feet, positioned within a highly desirable medical corridor in Boca Raton, Florida. The suite features a functional medical build-out with seven (7) treatment rooms and four (4) bathrooms, designed to support efficient clinical operations while allowing flexibility for a variety of medical or professional uses. The condominium is located within a 60,202-square-foot medical office building consisting of seven exclusive medical units, all dedicated to healthcare-related practices. Situated on approximately 1.382 acres, the property offers ample on-site parking, an important attribute for patient-focused medical uses.
The property is strategically positioned near Boca Raton Regional Hospital, a major regional healthcare hub and part of a broader network of hospitals, specialty clinics, and ambulatory care centers. This proximity enhances referral patterns, patient access, and long-term tenant stability—key drivers for medical office investment performance.
Boca Raton is recognized as one of South Florida’s most established and resilient medical office submarkets, supported by strong demographics, above-average household incomes, and sustained population growth driven by retirees, professionals, and seasonal residents. The area benefits from a high concentration of healthcare providers, specialty practices, and outpatient services, creating consistent demand for well-located medical office space.
Documents:
Location
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