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Property profile & analytics
FOR LEASE
Medical Office Space

4700 N Congress Ave West Palm Beach, FL 33407

45,300 SF 5.12 ac lot Built 1987
Entity Owned 2-yr Hold Free & Clear
Property ID
US18-5009685
4700 N Congress Ave, West Palm Beach, FL 33407 For Lease
$18.50 SF/Yr 43,797 SF available
4700 N Congress Ave, West Palm Beach, FL 33407
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Property summary
AI-generated overview

This exceptional sublease opportunity presents two beautifully built-out medical office spaces within a larger suite at 4700 N Congress Avenue. Located in an OC-zoned area, this single-tenant property (APN 74434306000001130) offers two distinct spaces ideal for medical or aesthetics providers. One space measures 114 square feet, while the other is 125 square feet. Each office is available for $1,000 per month. The existing tenant is seeking a compatible business to share their suite. A shared conference room is also available for a minimal additional monthly fee. The property is a single-suite office building with no land associated with the building itself (lot size listed as 0 sq ft). This presents a unique chance to secure high-quality, move-in ready office space in a prime location without the long-term commitment of a full lease. The modern build-out is perfect for immediate occupancy, minimizing upfront capital expenditures. This is an excellent opportunity for a small medical practice or aesthetics business seeking a cost-effective and well-appointed space. Serious inquiries only.

Property profile
Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1987
Construction STEEL FRAME
Total area 45,300 SF
Lot 5.12 ac (222,918 SF)
Zoning code OC
APN 74-43-43-06-00-000-1130
UPID US18-5009685
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
  • Community Wellness Center Physician
  • Columbia Hospital Wound Management Hospital
  • Patty Davis OTR/L, CHT Physician
  • Isabel Bueno, M.D. Physician
  • Dental Arts West Palm Beach Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$8.25M
CAP Approach CAP
$9.75M
Comparable Approach Comparable
by Request
Blend (final) Blend
$8.25M
Owner & transaction history
4700 N Congress Jv LLC · 2 yrs held
4700 N Congress Jv LLC
since 2024
Last sale
$8.3M
2 recorded transactions
2024
$8.3M
2020
Price N/A
Zoning & alternative use
OC · West Palm Beach, FL
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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