Medical Office
5055 S Congress Avenue, Atlantis, FL
For Sale
$2,300,000
Commercial Sale, Atlantis, FL
Property Size4,204 SF
Lot Size1.00 Acre
Price / SF$547.10
Days on Market190
Property Features for 5055 S Congress Avenue
General Information
Property type
Property subtype
Zoning
Parking
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Property Use
Condition
Taxes and HOA fees
Tax Year
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Floors in Building
Flooring type
Building materials
Roof type
Listing Agency:
Keller Williams Realty Jupiter
(561) 427-6100
Listed By:
William Kelly · License FL #3526822
(561) 906-2106
Added: May 7
Changed: Nov 12
Last Checked: Nov 12 at 8:06AM
MLS# B26025427
Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This medical office property provides 4,204 square feet within a one-acre site at 5055 S Congress Avenue in Atlantis, Florida. The building was constructed in 2003 with block construction, tile and carpet flooring, central heating, and central air conditioning. Furniture and therapy equipment are available as optional inclusions, while the existing infrastructure supports medical office operations.
The property is zoned CO (city) and served by public water and public sewer. A flat tile roof completes the building improvements. Its address places the office along S Congress Avenue in Palm Beach County, providing a defined location for an established or expanding medical practice.
The property is zoned CO (city) and served by public water and public sewer. A flat tile roof completes the building improvements. Its address places the office along S Congress Avenue in Palm Beach County, providing a defined location for an established or expanding medical practice.
Key Highlights
- 4,204 square feet of medical office space
- One‑acre property at 5055 S Congress Avenue, Atlantis, FL
- CO (city) zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$134,110
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,682,200
$2.7M
Cap Rate 7%
$1,915,857
$1.9M
Cap Rate 9%
$1,490,111
$1.5M
Market Conditions
NOI Build-Up for 4,204 SF
Gross rent
$210.4K $50.04/SF
− Vacancy
−$31.6K −$7.51/SF
EGI
$178.8K $42.53/SF
− OpEx
−$44.7K −$10.63/SF
NOI
$134.1K $31.90/SF
Area
Palm Beach County, FL
Vacancy
15.00%
Lease Rate
$50.04 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,682,200
Cap Rate 7%
$1,915,857
Cap Rate 9%
$1,490,111
Alternative Uses
Best Use
Office B
$1.92M
$1.68M – $2.24M
NOI $134,110 @ 7.0% cap · market cap 5.83%
Second Best
Healthcare Medical
$919.4K
$804.5K – $1.07M
NOI $64,359 @ 7.0% cap · market cap 2.80%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M
NOI $207,248 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,023
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
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Market
Average Price Trend$/SF for Medical Office Space in Palm Beach County, FL
Properties on Market for Medical Office Space in Palm Beach County
Vacancy Rate% for Office in South region
Similar Off Market Nearby
- Best Friends Veterinary Clinic — 4949 S Congress Ave Suite A, Palm Springs, FL 33461
Frequently Asked Questions
What type of property is this?
Medical Office Space - Existing infrastructure supports immediate use, with furniture and therapy equipment available as optional inclusions.
Where is this medical office space located?
The property is located at 5055 S Congress Avenue Atlantis, FL.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: 4,204 square feet of medical office space; One‑acre property at 5055 S Congress Avenue, Atlantis, FL; CO (city) zoning
