709 S Federal Hwy

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709 S Federal Hwy

Boynton Beach, FL 33435
Asking Price
$6.50M
Asset Type
Office
Class
Class B

What's Special

709 S Federal Hwy is located in a high-visibility corridor of Boynton Beach, Florida. Positioned directly on a primary north-south thoroughfare, the property offers proximity to the Boynton Harbor Marina and the redevelopment districts of the downtown area. The surrounding neighborhood features a mix of retail centers, professional services, and diverse dining options. It is accessible via major roadways, including US-1, with regional connectivity provided by nearby access points to Interstate 95 and the Brightline and Tri-Rail stations. This office asset is suited for professional services, including legal, accounting, or administrative firms requiring a central coastal location. The floor plan and accessible parking make it an appropriate match for medical practitioners or boutique consultancy groups. Typical tenants include local businesses seeking high frontage exposure and convenience for clients traveling from neighboring Delray Beach or Lake Worth.

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NOI
$80,000
Cap Rate
1.23%
DSCR
0.21
Underwater
Cash-on-Cash
-15.69%
Monthly Payment
$32,158.453
Annual Cash Flow
$-305,901.442

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