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5711 N Federal Highway, Boca Raton FL 33487

Commercial Recently Sold
$2,500

BTC: 0.03974563

ETH: 1.47841514

Sold on: 2022-03-09
85 days
0 room(s)

Overview

Josephine's Plaza is a 10,000 square foot retail property located directly on Federal Highway in Boca Raton with over 220' of frontage. The tenants include Josephine's Italian Restaurant, a Boca Raton staple for over 20 years, to Premier Hair Salon and Franco Oriental Rugs. This property is locally owned and managed and well maintained. There is a 988 SF retail or office space available that fronts directly on Federal Highway with signage. Approximately half a mile north of Yamato Road in East Boca Raton, this property is extremely well located with great visibility. The property is also less than 2 miles from Interstate 95 providing easy access to all three counties in South Florida. Daily traffic count of more than 25,000 cars per day.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1972
Lot:
1.09 Acres
Heating:
Central
Price/sqft:
No Data
Cooling:
Central Air / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$2,074,500
$749K – $4.6M
Confidence Low
List vs. estimate
$2.1M below estimate
List $2,200 · -99.9%
Our model says this listing is priced below recent comparable activity. Expect competition.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $350K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$44,263
2021
All facts and features
  • Heating

    • Central

    Cooling

    • Central Air

    • Electric

  • Property

    • Levels: 1

    Lot

    • Lot: 1.09 Acres

    Other Property Information

    • Parcel Number: 06434705020030090

    • Zoning: RB1(ci

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Retail

  • Utility

    • Cable Connected

    • Cable Available

  • Other financial information

    • Annual tax amount: $44,263

  • Source details

    • MLS ID: R10764688

    Other facts

    • Water Source: Public

Private inquiry
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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: Petruzzelli Real Estate