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    160 Congress Park Dr Delray Beach, FL 33445

    For Sale
    $185,000

    REO office condo in prime Delray Beach location.

    Property size:
    500 SF
    Lot size:
    1.00 Acre

    Property Features for 160 Congress Park Dr

    General Information

    Size
    500 SF
    Lot size
    1.00 Acre

    Source: CMV Realty LLC Agent Gus Martinez

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Delray Beach Office Condominium

    This REO office condominium is located in Delray Beach, offering functionality for an owner-user or potential for an investor. The property is situated near major thoroughfares, minutes from I-95, Downtown Delray, and Atlantic Avenue's dining and retail corridor. The space is suitable for professional, legal, financial, or general office use, featuring a flexible floor plan and efficient layout. The 500-square-foot condominium benefits from ample natural light, dedicated restrooms, and on-site parking for employees and visitors. The REO status presents an opportunity to secure below-market pricing in a high-demand corridor. This property provides a chance to own in one of South Florida’s fastest-growing markets.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dr. Ruben Schwartz Pain Management Physician Morrison Clinic Surgical Center Dragonfly Stories LLC Film Production Company Kinetic VoIP Telecommunications Service Provider

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0939856
    Latitude
    26.4582009

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    FAQs

    What type of property is this?
    Office space - REO office condo in prime Delray Beach location.
    Where is this office space located?
    The property is located at 160 Congress Park Dr Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $185,000.
    What are key features of this property?
    This property features: - Prime Location: Minutes from I-95, Downtown Delray, and Atlantic Avenue.; - Value Opportunity: REO status offers below-market pricing.; - **Turnkey Potential:** Ample natural light, dedicated restrooms, and on-site parking.
    (954) 394-7078
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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
    160 Congress Park Dr Delray Beach, FL 33445
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