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    601 N Congress Avenue Delray Beach, FL 33445

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    For Lease
    $25 SF/Yr $3,125/Mo (calc)

    COMMERCIAL - Delray Beach, FL

    Type:Office
    Property size:
    1,500 SF
    Added:
    Apr 18, 2026
    Days on Market:
    20
    Last Refresh:
    May 7 at 4:06 am

    Property Features for 601 N Congress Avenue

    General Information

    Property type
    Commercial Lease
    Property subtype
    Office
    Zoning
    PCC (city)
    Parking
    50
    Standard status
    Active
    APN
    12434607430077400
    Size
    1,500 SF

    Taxes and HOA fees

    Tax Year
    2025
    Tax Description
    CONGRESS COMMERCE CENTER CONDOMINIUM UNIT 740
    Tax Annual Amount
    9149

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Cooling system
    Central Air
    Water source
    Public

    Building Details

    Year built
    2004
    Floors in Building
    2
    Flooring type
    Carpet, Tile
    Building materials
    Concrete

    We can help!

    Listing Contact
    Federico Rochwerger PA

    Listing agent Federico Rochwerger PA License #3014927

    Listing office The Keyes Company 21065 Powerline Road Suite C-7, Miami, FL

    Listing date Apr 18, 2026

    MLS# B26017273

    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.

    HighLights

    • Prime location in Delray Beach with high traffic count (37,000 AADT) on Congress Ave.
    • Zoned PCC (Planned Commerce Center) suitable for office/medical use.
    • Quick and easy access to Atlantic Ave and I‑95.
    • Approximately 1,500 RSF of space featuring a reception/waiting area, business office, and 6 additional offices/exam rooms.
    • Second‑floor location with elevator access.
    • Constructed of concrete and built in 2004.

    Overview

    Delray Beach Office/Medical Space

    Located in Delray Beach, this office/medical space offers approximately 1,500 square feet. Zoned PCC (Planned Commerce Center), the property is situated off Congress Avenue, benefiting from a high traffic count of 37,000 (2024 FDOT AADT). It provides convenient access to both Atlantic Avenue and I-95. The space, located on the second floor with elevator access, includes a reception/waiting area, a business office, six additional offices/exam rooms without plumbing, and a bathroom. The base rent is $25 per square foot NNN, with CAM charges of $6.92 per square foot. The tenant is responsible for utilities and janitorial services. Please note that the lease is subject to the current tenant vacating the space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Steel Arch Factory ... Metal Fabrication Plant Walk Easy Production Facility Printit4Less.com Corporate Office Power Lines Wholesale Big Box & Wholesale Store Ability Glass & Mirror General Contractor

    Suggested Use

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

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

    Similar Places Nearby

    • Atlantic Animal Hospital — 1950 W Atlantic Ave, Delray Beach, FL 33444

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.092627
    Latitude
    26.470668

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    FAQs

    What type of property is this?
    Medical Office Space - Prime Delray Beach location with office/medical space available for lease.
    Where is this medical office space located?
    The property is located at 601 N Congress Avenue Delray Beach, FL.
    What is the lease rate?
    The lease rate is $25 SF/Yr.
    What are key features of this property?
    This property features: Prime location in Delray Beach with high traffic count (37,000 AADT) on Congress Ave.; Zoned PCC (Planned Commerce Center) suitable for office/medical use.; Quick and easy access to Atlantic Ave and I‑95.
    (561) 866-9616
    We can help!
    Listing Contact
    Federico Rochwerger PA
    Real Estate License ID: 3014927
    Learn More
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    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.

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