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🏘️ Boca Raton Apartment — 1,725 SF Available for Lease · #10741

📍 1900-2200 NE 5th Ave · 1st Floor, Ste 1950 · Boca Raton, FL 33431
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Quick Unit Specs
1,725 SF Sq Ft
Apartment Type
Available Status
Listing Type
$45.00 /SF/YR Lease Rate
$6,469/mo Monthly Rate
Negotiable Lease Terms
Lease Type
Asking Price
Price / SF
Cap Rate
NOI
Condition
Power
HVAC
8 spaces Estimated Parking
Yard
Building Specifications
CityBoca Raton, FL
ZIP Code33431
ZoningR2
Year Built1970
Use TypeMULTIFAMILY < 5 UNITS
Center TypeCommunity Center
Gross Leasable Area138,402 SF
Total Building SF1,972 SF
Total Available6,914 SF
Stores65
Land Area24.58 AC
Frontage387’ on NE 5th Ave; 933’ on N Federal Hwy
Cross StreetsN Federal Hwy
Lot Size10,498 SF
Parking (building)625 Spaces
AmenitiesDedicated Turn Lane; Pylon Sign; Restaurant; Signalized Intersection
Walk Score70/100
Park/ComplexFifth Avenue Shops
Space Description & Highlights
Highlights:
• Lease rate does not include utilities, property expenses or building services
Building Description
Centered within the eastern Intracoastal communities and downtown Boca Raton, 5th Avenue Shops offers the perfect location to shop, dine and work. Recently renovated, 5th Avenue Shops features great national brands like Publix and McDonald's. 5th Avenue Shops are one of the region’s premier shopping centers providing onsite management, generous parking, and an impressive mix of successful retail space.
Dedicated Turn Lane
Pylon Sign
Restaurant
Signalized Intersection
Investment Highlights
Prime location with frontage and signage on N. Federal Hwy. Within minutes of the Boca Raton airport, I-95, and Florida Atlantic University. High traffic area on Pearl City, located east of Boca Raton and south of Delray Beach.
Area demographics
Population
5,570
Households
2,341
Median income
$78,938
Median home value
$443,800
Walk Score
70
Trade area (1 / 3 / 5 mi)
1 mi3 mi5 mi
Population10,90761,860166,471
Households4,57326,74173,827
Avg income$174,258$157,919$136,118
Household income (purchasing power)
< $50k34%
$50–100k19%
$100–150k26%
$150k+21%
Traffic count (frontage)
30,000 cars/day (AADT)
Nearby: 18,400 · END OF BRIDGE 860594 | 17,400 · FLA ATLANTIC UNIVER

Neighborhood Demographics · Census Tract 007302

Figures for the census tract this property sits in — the immediate surrounding neighborhood (roughly ½–2 sq. mi). For distance‑based totals, see the 1 / 3 / 5‑mile rings below.
5,570
Population
$78,938
Median Household Income
52
Median Age
2,341
Households
$443,800
Median Home Value
Household Income of 2,341 households
<$50k801 34%
$50–100k434 19%
$100–150k603 26%
$150k+503 21%
Age of 5,570 residents
Under 18927 17%
18–341,086 19%
35–54960 17%
55–641,407 25%
65+1,190 21%

Trade-Area Rings · Distance from Property

Everyone living within a straight‑line radius of the property — the classic retail trade area. Each ring is cumulative (the 3‑mile total includes the 1‑mile).
1 Mile
10,907
population
4,573 households
$174,258 avg income
3 Miles
63,491
population
27,427 households
$158,549 avg income
5 Miles
166,471
population
73,827 households
$136,118 avg income

Frontage Traffic vs. Palm Beach County's Busiest Roads

This property fronts NE 5th Ave. Below, its measured daily traffic (FDOT count) is compared to five of the county's busiest roads — I‑95, Florida Turnpike, Okeechobee Blvd, US‑1/Federal Hwy, and Military Trail (approximate peak AADT) — to show how much exposure the location gets.
30,000vehicles / day on NE 5th Ave (AADT)
I‑95 (interstate) 255,000
Florida Turnpike 95,000
Okeechobee Blvd 62,000
US‑1 / Federal Hwy 46,000
Military Trail 40,000
◆ NE 5th Ave 30,000
This frontage carries about 12% of I‑95's volume — solid commercial‑corridor traffic. County roads shown are approximate peak AADT.
FDOT count stations on NE 5th Ave
30,000 AADT (2025)
18,400 AADT between END OF BRIDGE 860594 and SR-794/YAMATO RD (2025)
17,400 AADT between FLA ATLANTIC UNIVER and SR-5/US-1/FEDERAL HY (2025)
6,700 AADT between E PALMETTO PARK RD and US-1/SR-5/N FED HWY (2025)
Risk & Incentives
🌊 Flood Zone X · minimal ✓ Not in Flood Hazard Not an Opportunity Zone
Proximity
✈ Airports
Palm Beach Intl (PBI) 21.7 mi
Ft. Lauderdale (FLL) 21 mi
Miami Intl (MIA) 41.7 mi
⚓ Seaports
Port of Palm Beach 28.3 mi
Port Everglades 19.9 mi
PortMiami 41.5 mi
Appraiser Data
Parcel Control No.06434717100070040
Building UseMULTIFAMILY < 5 UNITS
DOR Use Code0800 — MULTIFAMILY < 5 UNITS
MunicipalityBOCA RATON
SubdivisionWINFIELD PARK UNIT 2 IN PB 25 PGS 52 & 5
Assessed Value$489,959
Land Value$278,300
Improvement Value$211,659
Total Taxable Value$489,959
Land UseMULTIFAMILY < 5 UNITS
Legal Description
WINFIELD PARK UNIT 2
Sale History
Sale 1$10 · 07/2022
Source: Palm Beach County Appraiser Records
Lease Rate
$45.00 /SF/YR
Extended Unit Specifications
Suite 1st Floor, Ste 1950
Available
Clear Height
Drive-In Bays
Dock-High Bays
Office SF
Restrooms
Parking Ratio 4.52/1,000 SF
Op. Expenses
Request Information
Listing Courtesy of Investments Limited
DT
Daron Tersakyan
Investments Limited