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Property summary
This exceptional Class A, two-story office building, totaling 6,436 square feet, is situated on a sizable 19,750 square foot corner lot in desirable Delray Beach, Florida. Built in 2016, the property boasts a 100% occupancy rate with three long-term tenants: Young Dentistry of DB, PA, Shining Sea Private Wealth, and Wildstar Partners LLC. The building features ample parking, with a 3.1 spaces per 1,000 square feet ratio. Its prime location on NE 4th Street, across from Bedner's Market and Artist's Alley, offers excellent visibility and convenient access to Atlantic Avenue and the vibrant Pineapple Grove area. The property is zoned Residential Office (RO) by the City of Delray Beach and presents a stabilized investment opportunity with strong cash flow potential. The building's address is 241 NE 4th Street, Delray Beach, FL 33444, and its Palm Beach County APN is 12-43-46-09-29-007-0081. This is a rare opportunity to acquire a high-quality, fully occupied office building in a thriving location. All information is believed to be accurate but is not warranted.
Property profile
VerifiedCap rate & NOI
Current use
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Financial Advisor
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Financial Advisor
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Financial Advisor
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Dental Office
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Dental Office
Location
Value estimations
Owner & transaction history
Zoning & alternative use
The Residential Office (RO) District provides for mixed use of a neighborhood office and residential nature and a transitional land use between a commercial or industrial area and a residential area, An incentive zoning…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
RO · Delray Beach, FLThe Residential Office (RO) District provides for mixed use of a neighborhood office and residential nature and a transitional land use between a commercial or industrial area and a residential area, An incentive zoning…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
The Residential Office (RO) District provides for mixed use of a neighborhood office and residential nature and a transitional land use between a commercial or industrial area and a residential area, An incentive zoning…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for RO in Delray Beach, FL.
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