2620 S Seacrest Blvd - Medical CONDO FOR SALE


Boynton Beach, FL 33435- Outer Boynton Beach
$1,433,498 USD
561-818-7587
2620 S Seacrest Blvd, Boynton Beach, FL for Sale
$1,433,498 USD
Medical CONDO - FOR SALE
1/6
null | 7% Cap Rate

2620 S Seacrest Blvd
Boynton Beach, FL 33435
Outer Boynton Beach


HIGHLIGHTS

  • Premier Medical Tenant: Leased to Advanced Dermatology & Cosmetic Surgery, one of the largest and most established dermatology groups in the U.S.
  • Prime Healthcare Location: Directly across from Baptist Health’s Bethesda Hospital East, ensuring strong patient traffic and long-term medical demand.
  • Tenant Renewal Secured: Tenant recently exercised their first renewal option, demonstrating their strong performance and commitment to the location.
  • Built-In Rent Growth: Lease includes 3% annual increases with two additional 3-year renewal options remaining.
  • Recent Capital Improvements: Property features a new roof and updated interior, minimizing near-term capital expenditures.
  • High-Quality Medical Buildout: Efficient clinical layout suited for dermatology and other medical specialties.

OVERVIEW

Offered at 1,433,498 with a 7 percent cap rate, the asset delivers immediate cash flow backed by stable tenancy. Medical tenants tend to exhibit high renewal rates due to specialized build outs, patient continuity, and operational efficiency, creating a predictable income environment for investors. The building’s manageable size and professional presentation make it an appealing addition for both local owners and regional investors seeking durable returns in a desirable coastal market. With its combination of occupancy stability, strategic placement, and access to a robust healthcare consumer base, 2620 Seacrest Boulevard stands out as a compelling investment within the Boynton Beach medical and professional office landscape.

FOR SALE DETAILS

PRICE

$1,433,498 USD

PRICE/SF

$389 USD /SF

CAP RATE

7%

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Seacrest Medical Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

TOTAL BUILDING SIZE

3,684 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

32

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C1

APN/PARCEL ID

08-43-45-33-27-000-0010,08-43-45-33-27-000-0040

ASK ABOUT THIS PROPERTY

Connor AnthonyMatthews Real Estate Investment ServicesMore Info
561-818-7587

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Connor AnthonyMatthews Real Estate Investment ServicesMore Info
561-818-7587

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.