4700 Congress Ave West Palm Beach, FL 33407-3282
- Medical offices
- 45,300 SF
- 5.12 lot acres
Current Use by Public Records
- Community Wellness Center / Doctor
- Columbia Hospital Wound Management / Hospital
- Patty Davis OTR/L, CHT / Occupational Therapist / Physical Therapy Clinic
- Isabel Bueno, M.D. / Internist / Medical Group
- Dental Arts West Palm Beach / Dental Clinic
Property Details for 4700 Congress Ave
- Year built
- 1987
- Construction
- STEEL FRAME
- Lot size
- 5.12 lot acres
- Property size
- 45,300 SF
- Zone code
- OC
- Property type
- Medical offices
- Property subtype
- Medical centers
- APN
- 74-43-43-06-00-000-1130
- APU
- 74434306000001130
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $8,250,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $7,695,000
- 6.5%
- $8,215,000
- 7%
- $8,555,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $7,720,000
- Geo Method
- $8,370,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $9,060,000
- Retail
- $7,665,000
- Mixed-Use
- $7,205,000
- Hospitality
- $8,480,000
- Educational
- $7,210,000
- Residential Income
- $7,000,000
- Energy
- $8,455,000
- Income-Based Land
- $7,680,000
- Food Service
- $8,000,000
Location Insight
- Map
- Local Demand
- City
- West Palm Beach
- County
- Palm Beach
- State
- Florida
- Longitude
- -80.0849
- Latitude
- 26.763
- CBSA code
- 33100
- CBSA name
- MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
