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11382 Prosperity Farms Road # 230, Palm Beach Gardens FL 33410

Commercial Recently Sold
$1,650,000

BTC: 26.23211447

ETH: 975.75399172

Sold on: 2023-07-18
44 days
0 room(s)

Overview

Don't miss this rare opportunity to lease or purchase fully built-out office space in the heart of Palm Beach Gardens. The 5,884 square foot professional condominium is located at 11832 Prosperity Farms Road in the upscale Prosperity Gardens Business Park. Located less than 200 yards south of PGA Boulevard, the property offers users or investors the unique opportunity to participate in the thriving business environment of Palm Beach Gardens. The space is fully built out as a large medical office suite, with more than 15 exam rooms, a welcoming reception center, and expansive open space. The previous occupant was a large and very successful medical practice and operated out of this space for 10+ years before expanding into larger premises in the area. The suite has been meticulously maintained and benefits from outstanding finishes and a turn-key layout. Ownership is offering generous improvement allowances and is willing to subdivide or enhance the space to meet specific user needs. Interior walls can easily be reconfigured to accommodate upscale professional offices or upgraded medical suites. Additionally, the suites can be separated, offering users dynamic sizing from 2,080 to 5,884 square feet. This office suite is positioned in a highly prestigious location, less than 1.5 miles to Palm Beach Gardens Medical Center and only 7.4 miles to Jupiter Medical Center. The property offers ample free parking for all customers, patients, and staff, with the excess parking lot immediately accessible to the subject suites. 11382 Prosperity Farms Road presents a user or investor with the rare opportunity to lease or acquire a prestigious property in a location only minutes from I-95, The Gardens Mall, Downtown at Palm Beach Gardens, and Legacy Place. Schedule a tour of this flexible, professional space in the center of Palm Beach Gardens. For Lease or Purchase. Very easy to tour. Brokers Protected.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1986
Lot:
0.10 Acres
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$350,000
$229K – $1.1M
Confidence Low
List vs. estimate
$1.5M above estimate
List $1,850,000 · +428.6%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
9 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $997K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$7,837
2022
All facts and features
  • Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

  • Property

    • Levels: 1

    Lot

    • Lot: 0.10 Acres

    Other Property Information

    • Parcel Number: 52434205180072280

    • Zoning: PO(cit

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Office

  • Utility

    • Cable Connected

    • Natural Gas Connected

    • Cable Available

    • Natural Gas Available

  • Other financial information

    • Annual tax amount: $7,837

  • Source details

    • MLS ID: R10883019

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Compass Florida LLC