Buying In Boca Raton, FL
Sell Your Commercial Property In Boca Raton, FL
Own a commercial apartment building of five or more units in Boca Raton? We purchase multifamily properties around Mizner Park, Boca Del Mar, and the rest of Palm Beach County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Mizner Park · Boca Del Mar · Town Center area · Highland Beach — Palm Beach County, FL
Local Demand
Our View On Boca Raton
Boca Raton is a Palm Beach County city of 100,234 residents, per ACS 2020-2024. Renters hold 34.3% of its homes, and 47.1% of housing sits in buildings of five or more units. Median gross rent is $2,508 a month, and median household income is $106,273. About 62.0% of renters spend 30% or more of income on housing. This profile serves owners who plan to sell commercial property in Boca Raton, FL and want the 2025 millage, HUD FY2027 rents and Florida landlord rules.
Florida Atlantic University
FAU reports 23,495 students on its Boca Raton campus in its 2025 quick facts, anchoring student and staff rental demand.Boca Raton Regional Hospital
The city's Business in Boca 2023 report lists the Baptist Health South Florida hospital among its healthcare employers.Corporate and job base
Boca Raton's 2023 report cites 13,360 jobs created or retained since 2010 and lists Office Depot among its companies.Our Buy Box
What We Buy In Boca Raton
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Boca Raton Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Boca Raton
Renters occupy 34.3% of Boca Raton homes, or 14,200 households, per ACS 2020-2024 tenure data. Palm Beach County as a whole is 29.9% renter. Buildings of five or more units hold 47.1% of Boca Raton housing, per ACS 2020-2024 units-in-structure data.
Towers of 50 or more units contain 12,555 homes. About 43.6% of Boca Raton homes predate 1980, per ACS 2020-2024 year-built data.
Rents and affordability
Median gross rent in Boca Raton is $2,508 a month, per ACS 2020-2024 rent data. That is $839 above the Florida median and $592 above Palm Beach County. Owners who sell commercial real estate in Boca Raton, FL market a rent level well above state norms.
About 62.0% of Boca Raton renters spend 30% or more of income on housing, per ACS 2020-2024 rent-burden data. Median household income is $106,273.
| Unit size | HUD FY2027 FMR |
|---|---|
| Efficiency | $1,907 |
| One bedroom | $2,008 |
| Two bedroom | $2,349 |
| Three bedroom | $3,052 |
| Four bedroom | $3,523 |
Figures cover the West Palm Beach-Boca Raton, FL HUD Metro FMR Area, per HUD fair market rent data.
Property taxes in Palm Beach County
Boca Raton parcels outside the Boca Beach and Park district carry 15.9229 mills for 2025, summing the Palm Beach County Property Appraiser 2025 final rates. A $2,000,000 assessed building owes $31,845.80 a year. The City of Boca Raton share is 3.6649 mills.
Parcels inside the Boca Beach and Park district add 1.08 mills, for 17.0029 and $34,005.80. A November payment saves 4%, or $1,273.83, under s. 197.162. If you sell commercial property in Boca Raton, FL, s. 193.1555 resets the assessment to just value the next January 1.
Landlord rules in Florida
Nonpayment notices give Boca Raton tenants 3 days, excluding weekends and legal holidays, under s. 83.56. Curable violations get 7 days. Deposits return within 15 days, or a claim notice goes out within 30 days, under s. 83.49.
Rent control is preempted: s. 166.043(2) bars municipalities from limiting rent.
What it means for an owner
Boca Raton has 23,133 homes in buildings of five or more units. Bring the 2025 tax bill and a current rent roll. Deed stamps cost $14,000 on $2,000,000 under s. 201.02.
Run your figures in the cap rate calculator. When you are ready to sell your apartment building in Boca Raton, see how Skyline Capital Investments buys 5+ unit buildings. Owners who sell commercial property in Boca Raton, FL at full value show buyers clean rent rolls.
Good To Know
Boca Raton Seller Checklist
More about selling in Florida →Investing in Boca Raton? See apartment syndications in Boca Raton →
- Median household income in Boca Raton is $106,273, $31,705 above the Florida median, per ACS 2020-2024.
- Selling commercial property in Boca Raton inside the Boca Beach and Park district adds 1.08 mills.
- To sell commercial real estate in Boca Raton, FL, budget deed stamps of 70 cents per $100.
Seller Guides
Selling In Boca Raton? Common Situations We Handle
Learn More
Taxes & Rules For Boca Raton Property
The Florida rules that shape any deal in Boca Raton: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Boca Raton Seller FAQ
What does it cost to sell commercial property in Boca Raton, FL?
Florida deed stamps run 70 cents per $100, or $14,000 on a $2,000,000 sale, under Florida Statutes 201.02. The buyer's assessment resets to just value the next January 1 under section 193.1555, so buyers price in a fuller tax bill.
Is renter demand strong enough to sell commercial real estate in Boca Raton, FL?
Renters hold 34.3% of Boca Raton homes, against 29.9% across Palm Beach County, per ACS 2020-2024. Median gross rent is $2,508, and 47.1% of housing is in buildings of five or more units, a deep base for multifamily buyers.
What is the property tax rate on apartments in Boca Raton?
Palm Beach County Property Appraiser 2025 final rates total 15.9229 mills outside the Boca Beach and Park district. A $2,000,000 assessed building owes $31,845.80 a year. Parcels inside that district add 1.08 mills, or $2,160.00.
How do HUD fair market rents compare with Boca Raton rents?
HUD's FY2027 two-bedroom fair market rent for the West Palm Beach-Boca Raton area is $2,349. Boca Raton's median gross rent is $2,508, so rents run $159 above that benchmark when you sell multifamily property in Boca Raton.
Can Boca Raton cap how much I raise rents?
No. Florida Statutes 166.043(2) bars municipalities from adopting measures that control rent. Boca Raton landlords follow Chapter 83, including the 3-day nonpayment notice, the 7-day cure notice and the 15-day deposit return when no claim is made.
Will you buy a Boca Raton property that needs work or has high vacancy?
Yes. We regularly evaluate value-add, mismanaged, and distressed multifamily properties and underwrite them as they are today — no repairs or lease-up required before selling.
Can I sell my Boca Raton apartment building off-market?
Yes. We work directly with owners and through listing agents. Off-market conversations are confidential, and we coordinate tours so tenants and staff are not disrupted.
Is it possible to sell rental property in Boca Raton without evicting tenants?
It is. We buy apartment buildings occupied, and tenants stay on their current leases. Skyline Capital Investments is a commercial real estate buyer of 5+ unit buildings, so occupied properties are the norm for us.
How fast can I sell my apartment building in Boca Raton?
Most owners get clear feedback within 48 hours of sending the address, unit count, and a rent roll. Closing is typically set around your timeline, including extra time for a 1031 exchange.
Submit A Deal
Tell Us About Your Property In Boca Raton
A few details are enough to start. We respond to every Boca Raton submission, including off-market and pocket listings.
