Renovated Office
5339 W Atlantic Avenue #205, Delray Beach, FL 33484
For Sale
New
Contact for pricing
Dual entrances serve a suite with private offices, a reception area, and space for workstations.
Property Size1,733 SF
Price / SF$1.73
Days on Market7
Property Features for 5339 W Atlantic Avenue #205
General Information
Standard status
Size
Property subtype
Additional Details
Condition
Office Units
Property Use
Amenities
1 acre, 1 To Less Than 2 Acre Lot
Other Roof/Roof Structure
Public Sewer, Public Sanitation, Sewer
Parcel Number: 00424614280020010, Annual Amount: $8,989, Legal Description: EXECUTIVE SQUARE PLAZA CONDOMINIUM UNIT B-1, Year: 2025, Zoning: CS
Ceramic Floor
Central Individual A/C, Central Air, Electric
Central Individual A/C, Central, Electric
Listing ID: B26095995, Standard Status: Active, MLS Status: Active, Property Subtype: Office, On market as of 2026-11-03, Special Conditions: Lease
Common, Free Parking, Shared Parking
Built in 1982, Living area: 1733, Living area units: Square Feet, Construction Materials: Concrete Block Construction
County/Parish: Palm Beach County
Leasable area units: Square Feet
Other Utilities Available, Water Source: Public, 110 Volts Power
Other Fire Protection
Building Details
Year Built
Listing Agency:
Markenzon Real Estate, LLC
Listed By:
Priscilla Markenzon · License #3182572
(561) 305-4302
Source:
Riserealty
Added: Nov 3
Changed: Nov 8
Last Checked: Nov 8 at 6:50AM
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 Markenzon Real Estate, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,733-square-foot office unit at 5339 W Atlantic Avenue, #205, in Delray Beach was built in 1982 and has been recently renovated. Its layout includes five glass-enclosed private offices, an open work area with room for three workstations, and a reception and waiting space. A kitchen has room for a dining table, and the suite has two entrances.
New hurricane-impact windows and doors are part of the improvements. The property is offered for sale.
New hurricane-impact windows and doors are part of the improvements. The property is offered for sale.
Key Highlights
- 1,733‑square‑foot office unit
- Five private offices with glass partitions
- Open work area accommodates three workstations
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$55,284
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,105,680
$1.1M
Cap Rate 7%
$789,771
$789.8K
Cap Rate 9%
$614,267
$614.3K
Market Conditions
NOI Build-Up for 1,733 SF
Gross rent
$86.7K $50.04/SF
− Vacancy
−$13.0K −$7.51/SF
EGI
$73.7K $42.53/SF
− OpEx
−$18.4K −$10.63/SF
NOI
$55.3K $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%
$1,105,680
Cap Rate 7%
$789,771
Cap Rate 9%
$614,267
Alternative Uses
Best Use
Office B
$789.8K
$691.1K – $921.4K
NOI $55,284 @ 7.0% cap · market cap 1,842.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.22M
$1.07M – $1.42M
NOI $85,433 @ 7.0% cap · market cap 2,847.77%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Location Intelligence
Trade Area within ½ mile
1,390
Businesses Nearby
Explore this area
Business Placement
Demographics for 33484, FL
26,340
Population
18,884
Households
1.4
Avg Household Size
66
Median Age
42%
College-Educated
96%
High-School Grad
6.0 sq mi
ZIP Area
4,390
Density / Sq Mi
$56,942
Median Household Income
$43,922
Median Earnings
$1,876
Median Rent
$220,100
Median Home Value
Market
Average Price Trend$/SF for Office Units in Delray Beach, FL
Properties on Market for Office Units in Delray Beach
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Dual entrances serve a suite with private offices, a reception area, and space for workstations.
Where is this office unit located?
The property is located at 5339 W Atlantic Avenue #205 Delray Beach, FL.
What are key features of this property?
This property features: 1,733‑square‑foot office unit; Five private offices with glass partitions; Open work area accommodates three workstations
