Property profile

555 Congress Ave Boynton Beach, FL 33426

OFF-MARKET
Office buildings
Property ID
US18-5450871
20,881 SF 2.2 ac lot Built 1987
Entity Owned 6-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional medical office space, located within the Chase Building at 555 N Congress Ave, Boynton Beach, FL 33426, offers a fantastic opportunity for medical professionals. The building, a Class B property constructed in 1987, boasts a total of 19,524 square feet, with 3,099 square feet currently available for lease. This single-tenant space is perfectly suited for a variety of medical practices. The suite has undergone recent renovations, resulting in beautiful, updated interiors. Ample parking is available for both staff and patients, ensuring convenient access. The building's strategic location provides excellent visibility and accessibility, situated conveniently between Boynton Beach Boulevard and Gateway Boulevard on the west side of Congress Avenue. Its proximity to the Boynton Beach Mall and numerous major retailers offers added convenience. Furthermore, the property is within walking distance of various restaurants and public transportation options. This presents a rare opportunity to secure a well-located, renovated medical office space in a thriving area of Palm Beach County. The space is adaptable to various professional uses, including but not limited to medical practices, legal offices, accounting firms, and technology companies. Inquire today to learn more about this outstanding property.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING (MULTI-STORY)
Year built 1987
Construction CONCRETE
Total area 20,881 SF
Lot 2.2 ac (95,645 SF)
Zoning code C3
APN 08-43-45-19-05-031-0020
UPID US18-5450871

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Financial Advisor
  • Loan Service Bank
  • Atm
  • Physician
  • Dental Office

Location

555 Congress Ave Boynton Beach, FL 33426-3469
Boynton Beach metro Census 6012 MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$4.27M
Blend (final) Blend
$3.69M

Owner & transaction history

since 2019
2 recorded transactions
2019
$3.7M
2018
Price N/A

Zoning & alternative use

C3 · Boynton Beach, FL
Zoning description

the words "commercial district" or "commercial zoning district" are used, they are construed to include any or all of the following zoning districts: C-1 office and professional commercial; C-2 neighborhood commercial; C…

General category COMMERCIAL

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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