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    38 4Th Ave Delray Beach, FL 33483

    Sponsored
    For Lease
    $1,711 /Mo

    Prestigious Delray Beach office, 1711 sq ft.

    Lot size:
    1,711 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional 1,711 square foot office space is situated in the heart of Downtown Delray Beach's vibrant Central Business District (CBD). The single-tenant property, located at 38 SE 4th Avenue, offers a highly desirable ground floor location with excellent visibility. The space boasts six private offices, perfect for individual work or team collaboration, complemented by a dedicated conference room for meetings and presentations. A large open area provides ample space for additional workstations or flexible use. A convenient kitchenette is included, along with two private restrooms for enhanced privacy and comfort. The property also includes the significant benefit of five on-site parking spaces, a rare commodity in this prime location. Signage opportunities are available, providing excellent branding potential. The lease is offered at a modified gross rate of $50 per square foot. The property's APN is 12434616010930060 and is zoned for CBD use. This is a truly unique opportunity to secure a prestigious and well-appointed office space in one of South Florida's most sought-after locations. Don't miss this chance to establish your business in the thriving Delray Beach downtown area.

    Property Features for 38 4Th Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,711 SF
    Total Rate
    1711

    Unit(s) available at that property

    Space
    Size
    1,711 SF
    Rate per SF
    $1,711

    HighLights

    • 1,711 SF ground floor office space in Delray Beach's CBD at 38 SE 4th Avenue.
    • Six private offices, conference room, large open area, kitchenette, and two restrooms.
    • Five on‑site parking spaces.
    • Signage opportunities available.
    • Modified gross lease rate of $50/SF.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

    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
    -80.069225
    Latitude
    26.4609184

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    FAQs

    What type of property is this?
    Office Property / Space - Prestigious Delray Beach office, 1711 sq ft.
    Where is this office property / space located?
    The property is located at 38 4Th Ave Delray Beach, FL.
    What is the lease rate?
    The lease rate is $1,711 /Mo.
    What are key features of this property?
    This property features: 1,711 SF ground floor office space in Delray Beach's CBD at 38 SE 4th Avenue.; Six private offices, conference room, large open area, kitchenette, and two restrooms.; Five on-site parking spaces.
    Request Owner's contact information
    38 4Th Ave Delray Beach, FL 33483
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    Delray Beach, FL 33483
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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
    38 4Th Ave Delray Beach, FL 33483
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