7000 PALMETTO PARK RD, BOCA RATON, FL 33309

Parcel: 00424728010210020 · OFFICE BLDG- NON MEDICAL 4 STORIES & UP · Zoning:

Assessed Value (2026)
$28,467,390

Property Details

Year Built
1986

Sales History

1
$16,050,000
2026-02-19

Tax Assessment History

$28,467,390
Assessed (2026)
$28,467,390
Market Value
$28,467,390
Taxable Value
$579,573
Annual Tax
2026
$28,467,390
Assessed Market
View detailed table
YearAssessedMarketTaxableTax
2026 $28,467,390 $28,467,390 $28,467,390 $579,573

About 7000 PALMETTO PARK RD, BOCA RATON, FL 33309

7000 PALMETTO PARK RD, BOCA RATON, FL 33309 is a property built in 1986. The property is currently owned by BFO PALMETTO PARK LLC, recorded as of 2026-04-01. The mailing address differs from the property address, suggesting this may be an investment property or rental.

The most recent sale was on 2026-02-19 for $16,050,000. The 2026 assessed value is $28,467,390 with a market value of $28,467,390. This breaks down to $8,272,602 for the land and $20,194,790 for the building.

This property is located in FEMA Flood Zone X, which indicates minimal flood risk. Flood insurance is typically not required for properties in Zone X. The median household income in this area is $118,750, and the median home value is $752,500.

The population density is 7,996 people per square mile. 7000 PALMETTO PARK RD, BOCA RATON, FL 33309 is located in BOCA RATON, Florida. Property records, tax assessments, sales history, and ownership information for this BOCA RATON property are available through Miami-Dade County public records.

The current assessed value represents 177% of the most recent sale price. This high ratio could indicate the property was purchased below market value — a potential sign of a distressed sale or off-market deal..

Current Owner

BFO PALMETTO PARK LLC
1000 NW 65TH ST, FORT LAUDERDALE, FL, 33309
Since: 2026-04-01
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People Behind This Entity

Registered Agent: C T CORPORATION SYSTEM
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Flood Zone

Zone X
Minimal risk

Est. Annual Insurance

$256,606 — $461,971
Flood $400 — $800
Property/Wind $256,206 — $461,171

Estimate based on FEMA flood zone, property value, and year built. Actual premiums vary based on elevation, mitigation features, roof condition, and insurer. Not a quote.

Neighborhood

Median Income$118,750
Median Home Value$752,500
Pop. Density7,996/sq mi

Neighborhood 33309

17.8%
Corp-Owned
43.2%
Investor
346
Flips (4yr)
5
New Biz (3yr)
Distress Risk
ELEVATED
56
View full risk analysis →
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