Fifteen Hundred Medical Office Condo

1500 Northwest 10th Avenue Suite 201 Boca Raton, FL 33486

1500 Northwest 10th Avenue Suite 201, Boca Raton, FL, 33486
Front Building
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FOR SALE
Property Type:
Medical/Healthcare
Amount:
$1,290,000
Last Verified:
Jan 05, 2026

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Highlights

  • Prime Boca Raton Medical Location – Situated within a well-established medical corridor near Boca Raton Regional Hospital, benefiting from strong referral patterns and consistent patient demand.
  • Turnkey Medical Build-Out – Approximately 2,616 SF featuring seven (7) treatment rooms and four (4) bathrooms, supporting efficient clinical flow and immediate medical occupancy.
  • Proven Medical Use – Currently utilized for Physical & Occupational Therapy, demonstrating functionality and adaptability for a wide range of healthcare specialties.
  • Attractive for Investors & Owner-Users – Ideal for private or institutional investors seeking stable medical assets, as well as medical professionals looking to relocate or expand an existing practice.
  • Resilient Asset Class – Medical office properties historically experience lower vacancy, longer lease terms, and reduced economic sensitivity compared to traditional office space.
  • Regional Service Area – Serves patients from Boca Raton, Deerfield Beach, and Delray Beach, enhancing demand depth and long-term tenant viability.
  • Flexible Zoning – Zoned MC – Business (Boca Raton), allowing for continued medical use or alternative professional office configurations.
  • Strong Market Fundamentals – Located in one of Palm Beach County’s most sought-after submarkets, supported by affluent demographics, population growth, and expanding healthcare demand.

Description

This offering presents a well-located medical office condominium comprising approximately 2,616 square feet, positioned within a highly desirable medical corridor in Boca Raton, Florida. The suite features a functional medical build-out with seven (7) treatment rooms and four (4) bathrooms, designed to support efficient clinical operations while allowing flexibility for a variety of medical or professional uses. The condominium is located within a 60,202-square-foot medical office building consisting of seven exclusive medical units, all dedicated to healthcare-related practices. Situated on approximately 1.382 acres, the property offers ample on-site parking, an important attribute for patient-focused medical uses.

The property is strategically positioned near Boca Raton Regional Hospital, a major regional healthcare hub and part of a broader network of hospitals, specialty clinics, and ambulatory care centers. This proximity enhances referral patterns, patient access, and long-term tenant stability—key drivers for medical office investment performance.
Boca Raton is recognized as one of South Florida’s most established and resilient medical office submarkets, supported by strong demographics, above-average household incomes, and sustained population growth driven by retirees, professionals, and seasonal residents. The area benefits from a high concentration of healthcare providers, specialty practices, and outpatient services, creating consistent demand for well-located medical office space.


Year Built: 1986
Building Size: 60202sq ft
Building Class: A
Lot Size: 1.38 acres


Documents

Elevated OM (P)
Declaration of Condominium pt.2.pdf
Declaration of Condominium pt. 1.pdf
By-Laws and Voting Rights of Members.pdf
Articles of Incorporation Exhibit 3.pdf
2026 Proposed Budget for 1500 w-Unit Calculations.xlsx
1500 Minutes Budget & Annual 2024.pdf
11.2025 - 1500 Financial Report - 1500 MEDICAL OFFICE.pdf

Map of 1500 Northwest 10th Avenue Suite 201, Boca Raton, FL, 33486

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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"Incentives" are vital today and in the future because:

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