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    1625 Congress Ave Delray Beach, FL 33445

    Sponsored
    For Lease
    $312 /Mo

    Prime Delray Beach office space, modern suites.

    Lot size:
    80,580 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Delray Central offers a unique opportunity to lease office space in a vibrant, recently renovated campus located at 1625 S Congress Ave, Delray Beach, FL 33445. This two-building complex, totaling 80,580 square feet, features a mix of traditional office, executive office, and coworking spaces, catering to diverse business needs. Built in 1981 and extensively renovated in 2020, the property boasts modern amenities including 355 parking spaces, elevators, and a state-of-the-art fitness center. Currently, there are multiple tenancies available, ranging from 2,346 to 19,223 square feet, providing flexibility for businesses of all sizes. The property sits on 4.95 acres of land and is conveniently located near I-95, offering easy access via the Linton Boulevard or Congress Avenue interchanges. Its location within Delray Beach's burgeoning mixed-use district, close to new residential developments and a retail center, provides excellent visibility and access to a thriving community. The proximity to Atlantic Avenue further enhances its appeal, offering convenient options for dining and entertainment. This four-story office complex presents a compelling opportunity for businesses seeking a modern, well-equipped, and strategically located workspace in the heart of Delray Beach. The property's recent renovations and extensive amenities make it an ideal choice for companies seeking a high-quality office environment.

    Property Features for 1625 Congress Ave

    General Information

    Property type
    Coworking space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    80,580 SF
    Total Rate
    312

    Building Details

    Year Built/Renovated
    1981/2020
    Buildings
    2
    Stories
    4

    Unit(s) available at that property

    Space
    Suite 200
    Size
    19,223 SF
    Rate per SF
    $312
    Space
    Suite 190
    Size
    3,488 SF
    Rate per SF
    $312
    Space
    Suite 301
    Size
    9,048 SF
    Rate per SF
    $312
    Space
    Suite 330
    Size
    2,346 SF
    Rate per SF
    $336

    HighLights

    • 176,000‑square‑foot, two‑building office campus.
    • Excellent I‑95 access.
    • Near Delray Beach's Atlantic Avenue.
    • On‑site fitness center.
    • Renovated lobby and tenant conference area.
    • 4.6 parking spaces per 1,000 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    TeamDRB Association / Organization DRB Capital Corporate Office Hospice of Palm Beach ... Hospice Destined To Travel Travel Agency

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0916413
    Latitude
    26.4360521

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    FAQs

    What type of property is this?
    Coworking space - Prime Delray Beach office space, modern suites.
    Where is this coworking space located?
    The property is located at 1625 Congress Ave Delray Beach, FL.
    What is the lease rate?
    The lease rate is $312-$336 SF/Yr.
    What are key features of this property?
    This property features: 176,000-square-foot, two-building office campus.; Excellent I-95 access.; Near Delray Beach's Atlantic Avenue.
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    Realmo Value Estimation

    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.

    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.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1625 Congress Ave Delray Beach, FL 33445
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