Build-to-Suit Office
For Sale
Contact for pricing
801 SE 6TH Avenue #207, Delray Beach, FL 33483
Unit 207 offers a customizable layout for medical and professional office users.
Property Size9,044 SF
Price / SF$0.33
Days on Market69
Property Features for 801 SE 6TH Avenue #207
General Information
Standard status
Active
Size
9,044 SF
Property subtype
Mixed Use
Additional Details
Road Access
Yes
Office Units
1
Building Details
Year Built
1980
Listing Agency:
Compass Florida LLC
(561) 285-4283
Listed By:
Andres David Dubov · License #3460323
(561) 302-7538
Source:
Lehmannflorida
Added: Aug 26
Changed: Nov 1
Last Checked: Nov 1 at 5:38AM
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 Compass Florida LLC
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Investment Insights
Based on property information with market context.
Unit 207 provides approximately 750 square feet for medical or professional office use, with the flexibility to configure the interior around a tenant’s operational requirements. The space is within a building completed in 1980 and presents a build-to-suit opportunity rather than a fixed existing layout.
Located at 801 SE 6th Avenue near Federal Highway in Downtown Delray Beach, the property sits close to the intersection with SE 6th Avenue and benefits from direct positioning along Federal Highway. Its central downtown setting provides access to the surrounding commercial district and established roadway network.
Located at 801 SE 6th Avenue near Federal Highway in Downtown Delray Beach, the property sits close to the intersection with SE 6th Avenue and benefits from direct positioning along Federal Highway. Its central downtown setting provides access to the surrounding commercial district and established roadway network.
Key Highlights
- Approximately 750 SF in Unit 207
- Build‑to‑suit opportunity for interior configuration
- Suitable for medical and professional office uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$119,164
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,280
$2.4M
Cap Rate 7%
$1,702,343
$1.7M
Cap Rate 9%
$1,324,044
$1.3M
Market Conditions
NOI Build-Up for 9,044 SF
Gross rent
$217.1K $24.00/SF
− Vacancy
−$18.4K −$2.04/SF
EGI
$198.6K $21.96/SF
− OpEx
−$79.4K −$8.78/SF
NOI
$119.2K $13.18/SF
Area
Palm Beach County, FL
Vacancy
8.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,383,280
Cap Rate 7%
$1,702,343
Cap Rate 9%
$1,324,044
Alternative Uses
Best Use
Office B
$3.42M
$3.00M – $4.00M
NOI $239,711 @ 7.0% cap · market cap 7,990.37%
Second Best
Healthcare Medical
$1.70M
$1.49M – $1.99M
NOI $119,164 @ 7.0% cap · market cap 3,972.13%
Theoretical Best
Office A
$6.37M
$5.57M – $7.43M
NOI $445,850 @ 7.0% cap · market cap 14,861.67%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
1
Office units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,366
Businesses Nearby
Explore this area
Business Placement
Demographics for 33483, FL
13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value
Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Unit 207 offers a customizable layout for medical and professional office users.
Where is this office unit located?
The property is located at 801 SE 6TH Avenue #207 Delray Beach, FL.
What are key features of this property?
This property features: Approximately 750 SF in Unit 207; Build‑to‑suit opportunity for interior configuration; Suitable for medical and professional office uses
