525 NE 3Rd Ave Delray Beach, FL 33444
For Lease
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This single-tenant office building, located at 525 NE 3rd Ave in Delray Beach, Florida, offers 9,280 square feet of versatile space, currently with 2,230 square feet vacant. Built in 2003, the one-story building features a 12-foot ceiling height and is situated on a 0.95-acre lot. The property is zoned for professional offices and includes 37 parking spaces, providing ample convenience for staff and clients. The interior layout is well-suited for medical or executive office use, boasting five exam rooms, three executive offices, a spacious reception/waiting area, abundant storage and potential lab space, and two restrooms. Both front and rear entrances offer convenient access. The property benefits from excellent signage opportunities and has recently undergone updates, presenting a clean and pleasant environment. The property's address is 525 NE 3rd Ave, Delray Beach, FL 33444, near the intersection of NE 3rd Ave & Lake Ida Road. The property identification number (APN) is 12434609290130100. This is a prime opportunity for a business seeking a well-maintained, functional space in a desirable Delray Beach location. All information is believed to be accurate but is not warranted.
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ORCCA Hyperbaric Center Medical Clinic
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Dr. Jamira Duffy Pediatrician Physician
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Gregory Deitsch Physician
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Tashan Jones Physician
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Hinkle, Richter & Rhine Accounting Firm Tax Preparation
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 in older residential areas which are in the need of redevelopment or revitalization or are in a state of transition
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property 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 in older residential areas which are in the need of redevelopment or revitalization or are in a state of transition
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.