$5,000,000
3196 N FEDERAL Highway
Boca Raton, FL 33431
Explore the area: Boca Raton homes for sale · Palm Beach County real estate
Price Check
How this price compares
- List price
- $5,000,000
- Price per sq ft
- N/A
- Original price
- Unchanged
- Days on market
- 61
This commercial property in ZIP 33431 is listed at $5,000,000. It has been on the market for 61 days.
Estimated monthly payment
$26,277 /mo
Principal and interest only, based on $1,000,000 down (20%), a 6.875% 30-year fixed rate. Property taxes, homeowners insurance are not included.
Customize this estimateListing Snapshot
- Price
- $5,000,000
- Days on Site
- 61 Days
- Bedrooms
- 0
- Total Baths
- 0
- Total Sq Ft
- 3,995 sqft
- Lot Size
- 0.44 Acres
- Year Built
- 1974
- Property Type
- Commercial
- MLS #
- B26061247
- Property Tax
- $28,463 (2025)
- County
- Palm Beach
- Status
- Active
- Special Conditions
- Standard
About This Property
Single occupant free standing medical building. Current tenant occupies both spaces. Completely modern renovation to entire interior. State of the art medical building. See attached offering memorandum
MLS media linkGeneral Features
- Property Type
- Commercial
- Status
- Active
- Year Built
- 1974
- Property Condition
- Resale
- Number of Stories
- 1
- Levels
- One
- Parking
- Accessible Parking / Common / Free Parking
- Lot Size (Acres)
- 0.44
- Total Sq Ft
- 3,995
- Structure Type
- Office
- Sewer
- Public Sewer
- Water Source
- Public
- Zoning
- RB1 (city)
Interior Features
- Cooling
- Central Air
- Heating
- Central / Other
- Flooring
- Concrete / Tile
Exterior Features
- Construction
- CBS Concrete Block Structure / Block
- Roof
- Other
- Lot Features
- Quarter To Half Acre Lot
Community & HOA
- Security
- Security System / Closed Circuit Cameras / None / Security Lights
- Utilities
- Cable Available / Electricity Connected / Other / Phone Connected / Sewer Connected / Water Connected
- Financing Terms
- Cash / Conventional / Exchange1031
- MLS Area
- 4180
About the Area
Boca Raton homes for sale include everything from mid-$300K Intracoastal condos to $8,000,000+ estate homes inside the same gated address. Boca West, Broken Sound, and Woodfield Country Club start around $400K for condos; their estate homes reach $8,000,000 and higher. East Boca townhomes along the Intracoastal start in the mid-$300Ks. The city has 44 miles of navigable canals and a barrier island coastline. Boca Raton Community High and Spanish River Community High are each rated 8/10 on GreatSchools (2025). Well-priced homes get multiple offers within 10 days. ListSellFL works with buyers and sellers across 28+ Boca communities.
- Homes for Sale
- 1,672
- Under Contract
- 554
- Median List Price
- $565,000
- Median Sale Price (September)
- $702,000
- Median $/Sq Ft
- $354
- Avg Days on Market
- 111
Frequently Asked Questions
- How do I schedule a tour of 3196 N FEDERAL Highway, Boca Raton, FL 33431?
- Use the Tour button on this listing to request a showing of 3196 N FEDERAL Highway, Boca Raton, FL 33431. Pick a day and time and choose an in-person or video-chat tour, and a Pure Equity agent will confirm your visit, often the same day.
- Is 3196 N FEDERAL Highway, Boca Raton, FL 33431 still available?
- 3196 N FEDERAL Highway, Boca Raton, FL 33431 is currently listed as Active, and has been on the market 61 days. Status updates directly from the MLS as homes go under contract, so ask us to confirm availability before you plan a visit.
- How much is the monthly payment for 3196 N FEDERAL Highway, Boca Raton, FL 33431?
- With 20% down ($1,000,000) on the $5,000,000 list price and a 30-year fixed loan at an illustrative 6.875% rate, the estimated principal & interest for 3196 N FEDERAL Highway, Boca Raton, FL 33431 is about $26,277/mo, before property taxes, insurance. Use the payment estimate on this page to adjust the down payment and rate.
- How do I get pre-approved to buy 3196 N FEDERAL Highway, Boca Raton, FL 33431?
- Getting pre-approved shows sellers you're a serious buyer and clarifies your true budget before you offer on 3196 N FEDERAL Highway, Boca Raton, FL 33431. Contact Pure Equity and we'll connect you with a trusted local lender to review your financing options, no obligation.
- Can I negotiate the price of 3196 N FEDERAL Highway, Boca Raton, FL 33431?
- Often, yes. The right offer on 3196 N FEDERAL Highway, Boca Raton, FL 33431 depends on how it's priced against comparable commercial sales in Boca Raton, how long it's been listed, and how motivated the seller is. Pure Equity will run the comps and help you craft a competitive, well-supported offer.
Listing courtesy of The Keyes Company
Listing information is provided by BeachesMLS, Inc.and is deemed reliable but not guaranteed accurate by the MLS or Pure Equity. Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties. © 2026 BeachesMLS, Inc. Last updated August 7, 2026.
$5,000,000
Interested in This Property?
Contact us to schedule a showing or ask a question.
Own a home near this one? See what it would sell for today
Listed by Margaret M Graham, The Keyes Company
Map & Location
Featured Communities
Cities in Palm Beach County
Zip Codes in Palm Beach County
Property Types
Recent Sales
Recently sold homes in ZIP 33431
These are the last 6 recorded closings in ZIP 33431, with the price each home actually sold for rather than what it was listed at. They closed at a median of $414 per square foot. The most recent closed on October 15, 2026. Closed sales are what an appraiser and a buyer's agent will look at, so they are the starting point for pricing a home here.
Sold$1,800,000
Sold · October 15, 2026
2804 Banyan Boulevard Circle NW
4 bed · 2.5 bath · 2,576 sqft · $699/sqft
$99,900 under the asking price
Sold$180,000
Sold · October 14, 2026
250 NE 20th Street 2320
2 bed · 2 bath · 1,080 sqft · $167/sqft
$5,000 under the asking price
Sold$1,236,000
Sold · October 14, 2026
4110 NW 3rd Avenue
4 bed · 3 bath · 2,986 sqft · $414/sqft
$59,000 under the asking price
Sold$215,000
Sold · October 9, 2026
250 NE 20th Street 2110
2 bed · 2 bath · 1,080 sqft · $199/sqft
Sold$662,000
Sold · October 9, 2026
2350 NW 5TH Avenue
4 bed · 3 bath · 1,957 sqft · $338/sqft
$87,000 under the asking price
Sold$875,000
Sold · October 8, 2026
410 NW SPANISH RIVER Boulevard
4 bed · 3 bath · 1,808 sqft · $484/sqft
$62,000 under the asking price
See every recorded sale in ZIP 33431 or find out what your ZIP 33431 home is worth.
