Palmetto Central — Lease in Boca Raton, FL

  • Price: Contact for price
  • Listing type: For lease
  • Asset type: Office
  • Location: Boca Raton, FL 33486

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Description

State of the Art Redevelopment Palmetto Central at 1489 and 1499 W Palmetto Park Road offers beautiful office space in a state-of-the-art redevelopment off Interstate 95 in Boca Raton. New, institutional quality ownership has invested $4 million in the lobby and common area renovations and a complete reposition of the asset and tenant mix to provide Class A quality. Tenants can expect floor-to-ceiling windows for abundant natural lighting and custom high-quality build outs. Building signage opportunities are available for full-floor users, delivering high visibility from Palmetto Park Road. 1489 W Palmetto Park defines first-class redevelopment with full-height hurricane impact windows, a VRF HVAC system, and private balconies on the third and fifth floors. 1499 W Palmetto Park has comprehensive capital improvements underway with a new modern façade, a new lobby, restrooms, and common area corridors. Highly anticipated park amenities include a tenant lounge, fitness center, conferencing facility, new monument signage with wayfinding throughout the park, and new landscaping with an outdoor seating area. Structured parking and 12 electric car charging stations are available.

Market Context

This office in Boca Raton, FL is listed for lease. Compare it against other office listings for lease in Boca Raton, FL — view the full market.

As of Q2 2026, the Palm Beach office market showed an 11.9% vacancy rate, and average asking rents near $57.75/SF/yr. Source: Cushman & Wakefield Q2 2026 market report.

Office market FAQ

Is the Palm Beach office market tightening or softening?
Vacancy is around 11.9% (Q2 2026).

Estimated Market Rate

$4.09/SF/mo – $5.53/SF/mo

Mid: $4.81/SF/mo

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