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Freestanding Office Building
For Sale
$600,000

714 GEORGE BUSH Boulevard, Delray Beach, FL

Commercial Sale, Delray Beach, FL

Property Size1,340 SF
Lot Size0.04 Acres
Price / SF$447.76
Days on Market14

Property Features for 714 GEORGE BUSH Boulevard

General Information

Property type Residential
Property subtype Office
Zoning General Comm
Parking 1
Lot features Zero Lot Line
Directions US1 to George Bush Blvd then east 1.5 blocks to building 714 on the south side of the road
Subdivision 4220
Standard status Active
APN 12434609320000541
Size 1,340 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description MC GINLEY & GOSMANS SUB E 20 FT OF LT 54 /LESS N 8 FT SR R/W/
Tax Annual Amount 6412
Legal Description MC GINLEY & GOSMANS SUB E 20 FT OF LT 54 /LESS N 8 FT SR R/W/

Utilities

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

Building Details

Year built 1960
Floors in Building 1
Number of units 1
Flooring type Tile - Ceramic, Laminate
Building materials CBS
Roof type Tar/Gravel
Listing Agency: Lang Realty/Delray Beach
Listed By: William Giberson · License #3035492
Added: Sep 30 Changed: Oct 11 Last Checked: Oct 13 at 5:06PM
MLS# B26083217

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 freestanding office building contains 1,340 square feet in a 20-foot-wide by 66-foot-deep CBS structure with a flat roof. Interior finishes include ceramic tile and laminate flooring, and the building has central heating and air conditioning.

The property fronts George Bush Boulevard in Delray Beach and is zoned General Commercial. On-site parking accommodates one vehicle without modification to the property. Public water and sewer serve the site, and cable is available.

Key Highlights

  • 1,340‑square‑foot freestanding office building
  • 20 feet wide by 66 feet deep
  • General Commercial zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$35,517
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,340 $710.3K
Cap Rate 7%
$507,386 $507.4K
Cap Rate 9%
$394,633 $394.6K
Market Conditions
NOI Build-Up for 1,340 SF
Gross rent
$61.1K $45.60/SF
− Vacancy
−$13.7K −$10.26/SF
EGI
$47.4K $35.34/SF
− OpEx
−$11.8K −$8.84/SF
NOI
$35.5K $26.51/SF
Area
Palm Beach County, FL
Vacancy
22.50%
Lease Rate
$45.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$710,340
Cap Rate 7%
$507,386
Cap Rate 9%
$394,633

Alternative Uses

Best Use
Office B
$507.4K
$444.0K – $592.0K (±1% cap)
NOI $35,517 @ 7.0% cap · market cap 5.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$943.7K
$825.7K – $1.10M (±1% cap)
NOI $66,059 @ 7.0% cap · market cap 11.01%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Luxe Glamour Aesthetics Cosmetic Store NATURAL VIBES SALON ... Hair Salon

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Grocery & Convenience Store Tattoo & Piercing Shop Veterinary Clinic Storage Facility Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,366
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Central heating and air conditioning serve an interior finished with ceramic tile and laminate flooring.
Where is this office building located?
The property is located at 714 GEORGE BUSH Boulevard Delray Beach, FL.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: 1,340‑square‑foot freestanding office building; 20 feet wide by 66 feet deep; General Commercial zoning
More about this property
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