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FL-7
About This Property
Boca Raton with high daily traffic counts. The surrounding area includes a dense mix of residential communities, shopping centers, and commercial services, creating a strong built-in customer base.
14 seats with current 7 employees working full time. Only open from Tuesday thru Saturday.
• Monthly Rent: $3,697/month ($44,370/year)
• Lease Assignment and Guaranty: On file - existing lease terms transferable to buyer
• State Road 7 is one of Broward/Palm Beach County's highest-traffic corridors
• Surrounded by affluent residential communities with high per-capita beauty spending
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 14, 2026 | Relisted | $90,000 | |
| Relisted | |||
| Oct 7, 2026 | In contract | - | |
| In contract | |||
| Apr 14, 2026 | Listed by The Cardenas Group Realty | $90,000 | |
| Listed by The Cardenas Group Realty | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017