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Turnkey Medical Office Suite

5055 S Congress Avenue Atlantis, FL

5055 S Congress Avenue, Atlantis, FL
$2,300,000
For Sale
Claim this Listing
$2,300,000

SINGLE_FAMILY - Atlantis, FL

Property Size4,204 SF
Lot Size1.00 Acre
Price / SF$547.10
AddedMay 7
Days on Market70
Last RefreshJul 15 at 9:06 pm

Property Features for 5055 S Congress Avenue

General Information

Property type
Residential
Property subtype
Office
Zoning
CO (city)
Parking
50
Standard status
Active
APN
02434430190000031
Size
4,204 SF
Lot size
1.00 Acre

Taxes and HOA fees

Tax Year
2025
Tax Description
CONGRESS MEDICAL CENTER CONDOMINIUM UNIT 3A IN COND AMEND OR15451P396
Tax Annual Amount
19415

Utilities

Sewer type
Public Sewer
Heating system
Central
Cooling system
Central Air
Water source
Public

Building Details

Year built
2003
Floors in Building
1
Flooring type
Tile, Carpet
Building materials
Block
Roof type
Tile, Flat

Listing agent William Kelly License #3526822

Listing office Keller Williams Realty Jupiter 4455 Military Trail, No. 100, Jupiter, FL

Listing date May 7, 2026

MLS# B26025427 Listing URL

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.


Investment Insights

Based on property information with market context.

This turnkey medical office suite offers approximately 4,200 square feet of functional space with existing infrastructure in place. The layout is designed for immediate use, and optional furniture and therapy equipment are available, helping support a smoother move-in process.

The suite is located at 5055 S Congress Avenue in Atlantis, Florida, within Palm Beach County. The property is listed under zoning CO (city), and includes an expansion opportunity for future growth.

For buyers or practices evaluating a ready-to-operate medical space, this offering combines usable interior improvements with flexibility to scale within the property.

Key Highlights

  • Built in 2003, block construction with central heating and central air (AC)
  • +/-4,200 SF medical office suite with an existing functional layout
  • Roof system includes tile and flat roof

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $191.7k $45.60
− Vacancy −$43.1k −$10.26
EGI $148.6k $35.34
− OpEx −$37.1k −$8.84
NOI $111.4k $26.51
4,204 SF · lease $45.60/SF/yr · vacancy 22.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.59M
$1.39M – $1.86M (±1% cap)
NOI $111,427 @ 7.0% cap · market cap 4.84%
Second Best
Healthcare Medical
$791.3K
$692.4K – $923.2K (±1% cap)
NOI $55,392 @ 7.0% cap · market cap 2.41%
Theoretical Best
Office A
$2.96M
$2.59M – $3.45M (±1% cap)
NOI $207,248 @ 7.0% cap · market cap 9.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Medical Office Space

Suggested Use

Law Firm Real Estate Agency Building Supply Nail Salon Kitchen & Bath Showroom Restaurant Parking Lot & Garage Accounting Firm Auto Parts Store Spa & Massage Center

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

Similar Off Market Nearby

  • Best Friends Veterinary Clinic — 4949 S Congress Ave Suite A, Palm Springs, FL 33461

FAQs

What type of property is this?
Medical Office Space - Functional medical suite with existing infrastructure and optional furniture and therapy equipment.
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: Built in 2003, block construction with central heating and central air (AC); +/-4,200 SF medical office suite with an existing functional layout; Roof system includes tile and flat roof
Contact an agent
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