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    Delray Beach, FL 33444

    For Lease
    $5,850 /Mo ($57 SF/Yr)

    Office/Retail,Resident. Single Fam - Delray Beach, FL

    Property size:
    1,220 SF
    Lot size:
    0.17 Acres
    Days on Market:
    124
    Last Refresh:
    Dec 15 at 2:06 am

    Property Features for

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    Zoning
    OSSHAD
    Size
    1,220 SF
    Lot size
    0.17 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1937
    Floors in Building
    1
    Number of units
    1
    Flooring type
    Wood
    Building materials
    Frame, Stucco
    Roof type
    Shingle
    Architectural style
    Other

    Compass Florida, LLC (561) 286-5166 [email protected]

    Listing agent Michael Harrison Korman (561) 285-4283

    Listing date Aug 14, 2025

    MLS# RX-11115725 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Delray Beach Office Building

    Located in the heart of Downtown Delray Beach on Banker's Row, this historic standalone office building at 203 NE First Ave features a welcoming front entry and reception area. The 1220-square-foot property includes two private offices, a conference room, a full bathroom, an oversized half bath, and a dedicated printing/flex space. An additional workspace accommodates 8-10 people and includes a kitchenette. The layout is suitable for a boutique law or accounting firm, real estate office, startup, or any professional team environment. The property offers exceptional walkability to top restaurants, shops, and local amenities. Additional features include a private driveway, outdoor deck, and landscaped backyard. Ample parking is available in the lot directly across the street. The lot size is 0.17 acres.
    Location Intelligence

    Current Use by Public Records

    Office buildings

    Map

    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0806
    Latitude
    26.4576

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    FAQs

    What type of property is this?
    Office building - Charming office building in Downtown Delray Beach on Banker's Row.
    Where is this office building located?
    The property is located at Delray Beach, FL.
    What is the lease rate?
    The lease rate is $57 SF/Yr.
    What are key features of this property?
    This property features: - Prime Downtown Delray Beach location on Banker's Row with exceptional walkability to restaurants, shops, and amenities.; - Historic standalone office building with a charming and professional atmosphere.; - Functional layout including reception area, private offices, conference room, and workspace for 8-10 people with a kitchenette.
    (561) 285-4283
    Request Owner's contact information
    Delray Beach, FL 33444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Delray Beach, FL 33444
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