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Property profile & analytics
FOR LEASE
Office buildings

1615 Congress Ave 103 Delray Beach, FL 33445

101,006 SF 7.19 ac lot Built 1981
Individually Owned 2-yr Hold Absentee Owner Free & Clear
Property ID
US18-3595949
Property summary
AI-generated overview

This Class A, 13,562 square foot office building, renovated in 2019, offers a variety of flexible workspace options. Located at 1615 South Congress Avenue, Suite 101, Delray Beach, FL 33445, in Palm Beach County, this property features executive suites, coworking spaces, and creative office layouts, catering to diverse business needs. The building boasts 350 suites in total, with 5,970 square feet currently vacant, offering spaces ranging from a minimum of 10 square feet to a maximum contiguous space of 1,300 square feet. Multiple tenancy options are available. Amenities include elevators and a state-of-the-art on-site gym. The bright, modern design features premium minimalist décor, including indigo feature walls and lime green chairs, creating an upscale and inspiring work environment. The building's location in Delray Beach provides easy access to art galleries, upscale shops, and high-quality restaurants. This exceptional property presents a unique opportunity for businesses seeking a prestigious and convenient location in a vibrant community.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1981
Construction CONCRETE
Total area 101,006 SF
Lot 7.19 ac (312,987 SF)
Zoning code MROC
APN 12-43-46-30-10-001-0000
UPID US18-3595949
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Robert Kline-U.S. Bank Mortgage Loan Service Bank
  • Peggy Miller-U.S. Bank Mortgage Loan Service Bank
  • Tax Group international Consultant
  • Escalate Inc (Bike/Boat/Book/etc) Store Corporate Office
  • Velocity Wireless Business Management Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Samuel Gerard Lamachia Revocable Tr · 2 yrs held
Samuel Gerard Lamachia Revocable Tr
since 2024
Last sale
$141,050
5 recorded transactions
2024
Price N/A
2019
Price N/A
2018
Price N/A
2015
$141,050
2011
$5.2M
Zoning & alternative use
MROC · Delray Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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