4700 Congress AveWest Palm Beach, FL 33407

Property Details for 4700 Congress Ave

Year built

1987

Construction

STEEL FRAME

Lot size

5.12 AC

Property size (Sq ft)

45,300 SF

Zone code

OC

Property type

Healthcare properties

Property subtype

Medical offices

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.

• CAP approach

  CAP return

  Valuation

  6%

  $13,216,234

  6.5%

  $12,199,601

  7%

  $11,328,201

• Comparable approach

  Method

  Valuation

  Relative Method

  $12,601,554

  Geo Method

  $12,601,554

• Alternative Use

  Use

  Valuation

  Residential

  $15,127,505

  Hospitality

  $13,856,713

  Educational

  $11,528,623

  Medical

  $11,925,110

  Retail

  $17,933,414

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.763

Longitude

-80.0849

CBSA code

33100

CBSA name

MIAMI-FORT LAUDERDALE-MIAMI BEACH, FL METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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