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Property profile

1625 Congress Ave Delray Beach, FL 33445

OFF-MARKET
Office buildings
Property ID
US18-3919772
80,580 SF 4.95 ac lot Built 1982
Last sale Apr 2015 · $20,150,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 11-yr Hold Held for 11 years. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

The property is a two-building office campus located at 1625 S Congress Ave, Delray Beach, featuring modern glass office space. The campus includes a tenant conference room and lounge area that were newly constructed and an on-site, tenant-only fitness facility. Telecommunications infrastructure is available, with DirecTV and fiber optic service indicated. Parking is provided at an approximate ratio of 4.6 spaces per 1,000 rentable square feet (RSF). The buildings are configured to support office workplace use and related on-site amenities.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2023

What does the county charge?
$305k
Tax billed · 2023
Assessed value$19.10M
Assessed land$7.03M
Assessed improvement$12.07M
Effective rate1.59%

Value estimate

· Oct 2026
$27.00M
$24.30M – $29.70M
CAP approach$35.05M
Submarket $/SF estimate$27.34M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$471/SF
Submarket average, outlier-cleaned · 50 recorded sales of this use type
Observed band · Q1–Q3$278 – $724

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
MROC
The MROC District regulations provide for a transit-supportive, pedestrian-friendly mix of residential, office, and commercial uses in a ...
General categoryMIXED_USE
JurisdictionPALM BEACH

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency16.7
Dental Office16.0
Hair Salon15.7

Location

1625 Congress Ave Delray Beach, FL 33445-6301
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1615 Congress, Delray Beach, FL 33445-6300 $141,050 Jun 2024 101,006 SF
4205 Atlantic Ave, Delray Beach, FL 33445-3901 $2,100,000 Apr 2023 3,465 SF
3945 Atlantic, Delray Beach, FL 33445-3902 $4,100,000 Feb 2023 14,132 SF
3185 Congress, Delray Beach, FL 33445-7324 $10,300,000 Jun 2022 22,036 SF
2710 Atlantic, Delray Beach, FL 33445-4431 $975,000 Jan 2021 2,179 SF
190 Congress Park, Delray Beach, FL 33445-4706 $10,100,000 Oct 2019 32,564 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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