Commercial Office Condominium

4800 N. Federal Highway #106D, Boca Raton FL

Very well located in the Sanctuary Centre along North Federal Highway in Boca Raton, this 1,291 square foot office condominium is the perfect ownership opportunity for any small business or larger firm looking for a satellite office.

The suite features a large reception area, four private offices, three of which have floor to ceiling windows for plenty of natural light, a break room and three deeded garage parking spaces. Short and intermediate term leases will be considered.

Currently listed for $579,999.00.

 Additional Property Details

  • Monthly Maintenance: $2,256.18 per month (includes special assessments)
  • Property Taxes : $5,932.38 (2022)
  • Separately metered electric
  • Extensive parking
  • On-site management and security

About Boca Raton

Boca Raton is known for its strong economy and a highly educated workforce, which makes it an attractive location for businesses of all sizes. The city has a well-developed infrastructure, with easy access to major highways and airports. This makes it easy for businesses to transport goods and services, as well as for employees to commute to work.

Boca Raton also has a variety of business-friendly resources and programs, such as the Boca Raton Chamber of Commerce, which provides networking opportunities and business support services.

The city has beautiful beaches, excellent schools, and a variety of cultural attractions. All of these factors make Boca Raton an ideal location for businesses looking to grow and thrive.

Why Should Your Business Purchase an Office ?

Purchasing an office space rather than renting can be beneficial for a small business in several ways:

  1. Fixed Costs: Buying an office space can stabilize the company’s expenses. With a fixed-rate mortgage, a business can lock in its monthly payments and avoid the uncertainty of rent increases, which helps in long-term financial planning.
  2. Building Equity: Ownership allows a business to build equity in a property. Over time, as the mortgage is paid down and hopefully the property value increases, the equity can become a valuable asset for the business.
  3. Tax Advantages: Owning office space can offer tax deductions such as depreciation, mortgage interest, and other real estate-related expenses.
  4. Rental Income: If the property is larger than what the business needs, the extra space can be rented out to other businesses, creating an additional income stream.
  5. Control Over the Property: Owning a building gives a business more control over its use and modifications. The owner can decide on renovations, updates, and the overall look of the property without needing approval from a landlord.

For small businesses with stable financials and a clear long-term location strategy, these benefits can make purchasing office space a more attractive option than renting.

Photo Gallery

(click on image on enlarge)

Please contact Chris Losquadro at 561.307.1827 to arrange a private tour.

Accompanying Documents