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555 North Federal Highway

555 North Federal Highway, Boca Raton, FL 33432
Property in Boca Raton
555 North Federal Highway has been categorized by the local assessors in Boca Raton, FL as a commercial type of property. The building on the property was first built in 1998 and is 26 years old. This is a single story building so stairs are not necessary to access other parts of the home. The area measurement of the land has been determined as 44,440 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. We know that this is 3 code building. This code stands for "buildings that have exterior walls made of non-combustible material. The interior partitions and roof structure are combustible materials. For example, the building may have concrete floors or a wood frame". Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with steel control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The exterior walls of the building are made of stucco. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Current property owners are expected to pay $84,804 in taxes per year. The property on 555 North Federal Highway was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $4,260,302. Based on our records, the total market value for this property has been marked the same as the total assessed value as of this moment. Which is nothing out of the ordinary. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

0 Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By

Building Info

Overview

    General

  • Year Built: 1998
  • Effective Year Built: 1998
  • Building Count: 1
  • Bedroom Count: 0
  • Building Quality: C
  • Construction Type: Steel
  • Exterior Walls Type: Stucco
  • Floor Count: 1
  • Business/Commerical Units Count: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 44,440
  • Total Building Area: 13,068
  • Gross Building Area: 13,068
  • Building Area: 13,068
  • Building Area Measurement: Gross Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Building Type: Exterior non-combustible materials/Interior combustible materials
  • Property Class: Commercial
  • Subdivision: RICKARDS SUB
  • Land Acres: 1.02
  • Standard Land Use Code: Store (multi-story)
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: T M RICKARDS S 138 FT OF LT 5 LYG BET N DIXIE HWY & N FED HWY R/WS & LT 8 LYG BET N DIXIE HWY & N FED HWY R/WS BLK 6

Ownership

  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Palm Beach County School District
  • Census Tract: 007501

Zoning

  • Zoning: DDRI

Geography

  • Assessors Map Reference: 412
  • Parcel: 06-43-47-20-15-006-0057
  • Block: 6
  • Lot: 5,8
  • Meridian: SEC 20 TWN 47S RNG 43E
  • Municipality: BOCA RATON
  • Latitude: 26.3554
  • Longitude: -80.0867

    Address

  • Full Address: 555 N Federal Hwy
  • Address - House Number: 555
  • Street Direction: N
  • Address - Street Name: Federal
  • Address - Suffix Type: Hwy
  • State: FL
  • City Name: Boca Raton
  • Carrier Code: C024
  • 4-Digit Zip Code: 3998
  • Zip Code: 33432

Valuation

    Tax

  • Total Area: 13,690
  • Tax Year: 2023
  • Tax Amount: $84,804
  • Tax Rate Code Area: 6154

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $463,235
  • First Open Lien Mortgage Lender: MORRIS ROBINSON
  • First Open Lien Mortgage Recording Date: Jul 21, 1994
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $463,235
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T
  • Second Open Lien Mortgage Recording Date: Jul 21, 1994
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2

    Market Valuation

  • Market Total Value: $4,260,302
  • Market Land Value: $3,359,740
  • Market Improvement Value: $900,562

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $4,260,302

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Frequently Asked Questions

What neighborhood is 555 North Federal Highway located in?
The 555 North Federal Highway is a located in the neighborhood of Boca Raton in Boca Raton, Boca Raton.
What is the average sales price for listings in 555 North Federal Highway?
The average sales price for units in 555 North Federal Highway is $0 currently.

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