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3850 NW 2nd Ave - Ketay Condos - Owner/User Opportunity

1,080 SF Office Condo Unit Offered at $429,000 in Boca Raton, FL 33431

Investment Highlights

  • Excellent opportunity to purchase an office/retail space in East Boca Raton on Boca Raton Boulevard
  • The property features a newly landscaped area, a refreshed parking lot, and freshly painted buildings
  • New Roof Assessment of $17,000 is being paid by seller.
  • Property is impeccably maintained, with a clear policy ensuring that common areas remain free of trailers and construction equipment
  • Surrounded by a vibrant community of professionals, including contractors, doctors, engineers, car collectors, and more

Executive Summary

This is an excellent opportunity to acquire office or retail space in East Boca Raton, located on Boca Raton Blvd. The property is surrounded by a professional community, including contractors, doctors, engineers, and car collectors, creating a dynamic business environment. The space is well-maintained, with strict policies in place prohibiting trailers or construction equipment on the common property, ensuring a clean and orderly setting. Key features of the property include new front impact windows and doors, a five-foot attic space above the unit, and a bathroom within the premises. Recent upgrades include new landscaping, a revamped parking lot, and freshly painted buildings. A roof installation is scheduled for January 2025, with the cost fully covered by the owner. Each unit has separate electric and air conditioning systems, and 24/7 property surveillance cameras provide added security. The building is classified as C Commercial, offering 50 parking spaces across 1.65 acres (72,036 sq ft) of land, zoned as Boca Raton East AH. The property is a flexible office and warehouse space, with Unit #21 serving as an office space. Built in 1984, Unit #21 spans 1,080 sq ft, measuring approximately 20 feet wide by 54 feet long. Additionally, the Boca Raton Airport and I-95 entrance are just one mile away, providing excellent accessibility.

Property Facts

Price $429,000
Unit Size 1,080 SF
No. Units 1
Total Building Size 12,852 SF
Property Type Flex (Condo)
Property Subtype Showroom
Sale Type Investment or Owner User
Building Class B
Floors 1
Typical Floor Size 12,852 SF
Year Built 1982
Lot Size 1.65 AC
Parking Ratio 3.89/1,000 SF

1 Unit Available

Unit 21

Unit Size 1,080 SF
Price $429,000
Price Per SF $397.22
Condo Use Office
Sale Type Investment or Owner User
No. Parking Spaces 50
APN/Parcel ID 06-43-47-08-26-000-0210
Description

Storefront located on Boca Raton Boulevard featuring both front and rear entrances, as well as an in-unit bathroom. Nestled among professionals and car enthusiasts, this property boasts a new landscape and roof, ample parking, and separate electrical and AC systems. Additional highlights include a 6-foot attic space, property cameras, impact windows and doors, and it’s just 2 minutes from the I-95 entrance.

Suite 21
Suite 21
Suite 21
Restroom
View Photo Suite 21
View Photo Suite 21
View Photo Suite 21
View Photo Restroom
Bike Score ®
Very Bikeable (76)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

DEMOGRAPHICS

Regional Accessibility

50 Miles 50 Mi. 100 Miles 100 Mi. 500 Miles 500 Mi.
CITY
POPULATION
MILES
DRIVE TIME
Hialeah
238,942
45
1 h 3 m
Miami
470,914
47
1 h 2 m
Orlando
285,713
190
3 h 33 m
Saint Petersburg
265,098
221
4 h 49 m
Tampa
392,890
230
4 h 37 m
Jacksonville
903,889
307
5 h 44 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
615,257
Total Labor Force
308,143
Unemployment Rate
2.71%
Median Household Income
$69,862
Warehouse Employees
25,548
High School Education Or Higher
93.00%

Amenities

  • Wheelchair Accessible
  • Air Conditioning

Utilities

  • Water - City

zoning

Zoning Code Commercial (Commercial)
Commercial (Commercial)
  • Listing ID: 32893599

  • Date on Market: 8/20/2024

  • Last Updated:

  • Address: 3850 NW 2nd Ave, Boca Raton, FL 33431

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