Office Building with Monument
2324 S Congress Avenue #1C, West Palm Beach, FL 33406
For Sale
New
Contact for pricing
A 2026 studs-out renovation refreshed the electrical system, HVAC, and interior walls.
Property Size1 SF
Price / SF$25
Days on Market6
Property Features for 2324 S Congress Avenue #1C
General Information
Standard status
Size
Property subtype
Site & Location
Highway Access
Road Access
Additional Details
Condition
Office Units
Property Use
Amenities
monument sign
1 acre, City Location, 1 To Less Than 2 Acre Lot, West Of US 1
Comp Shingle Roof, Shingle
Public Sewer, Public Sanitation, Sewer
Parcel Number: 70434417570000103, Annual Amount: $2,055, Legal Description: CONGRESS PARK III OFFICE COND UNIT 1-C BLDG 2324, Year: 2026, Zoning: CG (city)
Tile
Central Individual A/C, Central Air
Central Individual A/C
Listing ID: B26098436, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-11-09, 2 days on market, Special Conditions: Lease
3 total parking spaces, Common, Shared Parking
Built in 1981, Living area: 1, Living area units: Square Feet, 1 building, 2 stories, Construction Materials: Concrete Block Construction, Insulated, Sheet Rock
County/Parish: Palm Beach County
Leasable area units: Square Feet
1 units in community, Paved Road
Sewer Available, Water Available, Water Source: Public, Other Electric
Frontage Type: City/County Maintained, Paved Road, U.S. Hwy, Road Responsibility: Public Maintained Road, Road Surface: Paved Road, Paved
West Of Us1, Lighting
Elevator
No Fire Protection, No Security
Accessible Parking
Amenities: Exterior Lighting
Building Details
Year Built
Year Renovated
Tenancy
Listing Agency:
LPT Realty, LLC
(561) 540-8979
Listed By:
Grisel M Arias · License FL #3151743
(561) 324-8354
Source:
Riserealty
Added: Nov 9
Changed: Nov 13
Last Checked: Nov 12 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LPT Realty, LLC
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This professional office property has a lobby, hallway, and three separate office suites. A studs-out renovation completed in 2026 updated the electrical system, HVAC, and walls. A monument sign provides space for business identification.
The property is along the Congress Avenue corridor, near banks, medical offices, a post office, Publix, and Starbucks. Access to I-95, Palm Beach International Airport, and downtown West Palm Beach is noted. Existing occupants include a pharmacy, accounting offices, a medical school, an attorney and title company, and a therapist.
The property is along the Congress Avenue corridor, near banks, medical offices, a post office, Publix, and Starbucks. Access to I-95, Palm Beach International Airport, and downtown West Palm Beach is noted. Existing occupants include a pharmacy, accounting offices, a medical school, an attorney and title company, and a therapist.
Key Highlights
- Studs‑out renovation completed in 2026, including new electrical, HVAC, and walls
- Office layout includes a lobby, hallway, and three separate suites
- Monument sign offers space for business identification
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$35
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700
$700
Cap Rate 7%
$500
$500
Cap Rate 9%
$389
$389
Market Conditions
NOI Build-Up for 1 SF
Gross rent
$55 $55.20/SF
− Vacancy
−$9 −$8.72/SF
EGI
$46 $46.48/SF
− OpEx
−$12 −$11.62/SF
NOI
$35 $34.86/SF
Area
West Palm Beach, FL
Vacancy
15.80%
Lease Rate
$55.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$700
Cap Rate 7%
$500
Cap Rate 9%
$389
Alternative Uses
Best Use
Office B
$500
$438 – $583
NOI $35 @ 7.0% cap
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$700
$613 – $817
NOI $49 @ 7.0% cap
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
3
Office units
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,295
Businesses Nearby
Explore this area
Business Placement
Demographics for 33406, FL
27,663
Population
9,426
Households
2.9
Avg Household Size
39
Median Age
24%
College-Educated
81%
High-School Grad
8.7 sq mi
ZIP Area
3,180
Density / Sq Mi
$79,696
Median Household Income
$37,453
Median Earnings
$1,677
Median Rent
$358,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Office buildings in West Palm Beach, FL
Properties on Market for Office buildings in West Palm Beach
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - A 2026 studs-out renovation refreshed the electrical system, HVAC, and interior walls.
Where is this office building located?
The property is located at 2324 S Congress Avenue #1C West Palm Beach, FL.
What are key features of this property?
This property features: Studs‑out renovation completed in 2026, including new electrical, HVAC, and walls; Office layout includes a lobby, hallway, and three separate suites; Monument sign offers space for business identification
