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    Property profile & analytics

    601 Congress Ave, Unit 704 Delray Beach, FL 33445-4621

    • Investment properties
    • 1.00 lot acres
    OFF-MARKET
    Value Estimation
    $480,000
    Last Sale
    Aug 29, 2024
    $451,855
    Location Intelligence
    Property ID
    US18-5160513
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Steel Arch Factory Inc / Metal Fabricator
    • Walk Easy / Medical Equipment Manufacturer / Medical Equipment Supplier
    • Printit4Less.com / Corporate Office / Business To Business Service
    • Power Lines Wholesale / Wholesaler
    • Ability Glass & Mirror / Glass Repair Service

    Property Details for 601 Congress Ave

    Year built
    2004
    Construction
    CONCRETE BLOCKS
    Lot size
    1.00 lot acres
    Property type
    Investment properties
    Property subtype
    Live-work space
    APN
    12-43-46-07-43-007-7040
    APU
    12434607430077040

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $450,000

    • CAP approach

      CAP return
      Estimation
      6%
      $505,000
      6.5%
      $535,000
      7%
      $555,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $535,000
      Geo Method
      $525,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $580,000
      Retail
      $500,000
      Mixed-Use
      $585,000
      Hospitality
      $620,000
      Educational
      $580,000
      Residential Income
      $530,000
      Energy
      $560,000
      Income-Based Land
      $620,000
      Food Service
      $510,000

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0917
    Latitude
    26.4707
    CBSA code
    33100
    CBSA name
    MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $517
    $0.00
    $125,875
    $125,875
    -
    $0.00
    $125,875
    $125,875

    Comparable in this City

    • Value Estimation
      $355,000
      486 SF

      601 Congress Ave, Unit 703

      OFFICE/RESIDENTIAL (MIXED USE) • 486 SF
      601 Congress Ave, Delray Beach, FL 33445-4621
      View Details
    • Value Estimation
      $1,000,000
      795 SF

      601 Congress Ave, Unit 714

      OFFICE/RESIDENTIAL (MIXED USE) • 795 SF
      601 Congress Ave, Delray Beach, FL 33445-4621
      View Details
    • Value Estimation
      $1,400,000
      656 SF

      601 Congress Ave, Unit 717

      OFFICE/RESIDENTIAL (MIXED USE) • 656 SF
      601 Congress Ave, Delray Beach, FL 33445-4621
      View Details
    • Value Estimation
      $330,000
      1.00 Acre

      601 Congress Ave Ste, Unit 104

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      601 Congress Ave Ste, Delray Beach, FL 33445-4625
      View Details
    • Value Estimation
      $390,000
      1.00 Acre

      601 Congress Ave Ste, Unit 107

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      601 Congress Ave Ste, Delray Beach, FL 33445-4626
      View Details
    • Value Estimation
      $345,000
      1.00 Acre

      601 Congress Ave Ste, Unit 301

      OFFICE/RESIDENTIAL (MIXED USE) • 1.00 Acre
      601 Congress Ave Ste, Delray Beach, FL 33445-4639
      View Details

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    Similar Nearby for Lease

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    • Contact for pricing
      7,550 SF

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      Medically zoned professional building with offices available for lease.
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    • $2 SF/Yr
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      Modern, vibrant workspace in Delray Beach.
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      Prime Delray Beach Office Sublease

      Sublease: Modern Office Suites Available
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      View Details
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    Delray Beach, FL 33445-4621
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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