Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1901-1903 S Congress Ave Boynton Beach, FL 33426

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $18 SF/Yr

    Renovated office suite for rent in Boynton Beach, Florida.

    Building Details

    Year built
    1983

    We can help!

    Listing Contact
    Brian Batchelder
    Source: Corfac

    Listing Agent: Brian Batchelder

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

    Learn more

    Overview

    Boynton Beach Office Space Available

    Located at 1901-1903 S Congress Avenue in Boynton Beach, Florida, this property offers an office suite for rent. The available suite encompasses 1,667 square feet. The property features a renovated lobby and common areas. Zoning is C3 - Community Commercial (Boynton Beach). It provides ample free surface parking and allows easy access 24 hours a day, 7 days a week. The location offers frontage on South Congress Avenue and proximity to restaurants and shopping, as well as I-95 and Florida's Turnpike. The rental rate is $20.00 per square foot, with an estimated CAM of $10.00 per square foot for 2025.
    Location Intelligence

    Current Use by Public Records

    Woolbright Corporate Center Business Service Center

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Boynton Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0924937
    Latitude
    26.5453226

    Nearby Similar for Lease

    • $1.00 SF/Yr
      40,975 SF

      Boynton Beach Medical/Office Space

      Medical/office suite in professional building, Boynton Beach, available for sublease.
      1301 N Congress Ave, Boynton Beach, FL 33426
      View Details
    • $1.00 SF/Yr
      40,975 SF

      Boynton Beach Medical/Office Space

      Fully built-out medical office space in Boynton Beach, Florida.
      1301 N Congress Ave, Boynton Beach, FL 33426
      View Details
    • $1.00 SF/Yr
      40,975 SF

      Boynton Beach Medical/Office Space Available

      Fully built-out medical office space for lease in Boynton Beach.
      1301 N Congress Ave, Boynton Beach, FL 33426
      View Details
    • New
      $900 /Mo

      Boynton Beach Serviced Offices Available

      Serviced offices with amenities available for rent in Boynton Beach.
      1200 S Federal Hwy, Boynton Beach, FL 33435
      View Details
    • $5,000 /Mo
      1,079 SF

      Remodeled Office Space in Boynton

      Remodeled office building in a prime location for rent.
      127 E Boynton Beach Blvd, Boynton Beach, FL 33435
      View Details
    • $925,000
      8,712 SF

      Boynton Beach Corner Retail Opportunity

      High-visibility corner lot suitable for retail or restaurant use.
      1017 N Federal Hwy Hwy, Boynton Beach, FL 33435
      View Details
    • Contact for pricing
      1,418 SF

      Retail Space in Riverwalk Plaza

      Retail space for lease in Boynton Beach's Riverwalk Plaza.
      630 E Woolbright Rd, Boynton Beach, FL 33435
      View Details
    • $32 SF/Yr
      52,598 SF

      Boynton Beach Professional Office Space

      Move-in ready office suites in a central Boynton Beach location.
      1325 South Congress Ave, Boynton Beach, FL 33426
      View Details
    • $20 SF/Yr
      28,977 SF

      Boynton Beach Sublease Opportunity

      First-floor office space in Boynton Beach, available fully furnished.
      1501 Corporate Dr, Boynton Beach, FL 33426
      View Details
    • Contact for pricing

      Boynton Beach Retail Space Available

      Retail spaces available in high-visibility Boynton Beach shopping center.
      Boynton Beach, FL 33410
      View Details
    • Contact for pricing
      1,335 SF

      Boynton Beach Retail Space Available

      Upscale retail spaces available in a premier Publix-anchored center.
      10817-10935 S Jog Rd, Boynton Beach, FL 33437
      View Details
    • $25 SF/Yr
      47,626 SF

      Prime Boynton Beach Warehouse Space

      Class A warehouse, flexible suites available
      3600 Congress Ave, Boynton Beach, FL 33426
      View Details

    FAQs

    What type of property is this?
    Office space - Renovated office suite for rent in Boynton Beach, Florida.
    Where is this office space located?
    The property is located at 1901-1903 S Congress Ave Boynton Beach, FL.
    What is the lease rate?
    The lease rate is $18 SF/Yr.
    What are key features of this property?
    This property features: - Prime Location: South Congress Avenue frontage, near restaurants, shopping, I-95, and Florida's Turnpike.; - Renovated Lobby and Common Areas: Provides a modern and professional environment.; - 24/7 Access: Offers flexibility and convenience for tenants.
    (954) 326-6908
    Request Owner's contact information
    1901-1903 S Congress Ave Boynton Beach, FL 33426
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1901-1903 S Congress Ave
    Boynton Beach, FL 33426
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    1901-1903 S Congress Ave Boynton Beach, FL 33426
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Brian Batchelder
    (954) 326-6908
    Learn more
    Google sign-in failed. Please try again or use another login method.