4601 Congress AveWest Palm Beach, FL 33407

Property Details for 4601 Congress Ave

Year built

1992

Construction

CONCRETE

Lot size

1.18 AC

Property size (Sq ft)

25,352 SF

Zone code

CSPD

Property type

Medical offices

Property subtype

Medical centers

APN

74-43-43-06-19-002-0000

APU

74434306190020000

Description

This exceptional medical office building, located at 4601 N Congress Avenue in West Palm Beach, Florida, offers ±24,820 square feet of prime space. Currently, there are multiple suites available, ranging from a minimum of 1,104 square feet to a maximum contiguous space of 2,888 square feet. A total of 7,142 square feet is currently vacant and ready for immediate occupancy. The building is situated on the campus of JFK Hospital North Campus, providing a highly desirable location for medical professionals. Its strategic placement, just one block east of I-95 and near the intersection of 45th Street and Congress Avenue, ensures easy access and high visibility. This West Palm Beach property boasts a convenient location, placing it within minutes of a wide array of shopping, dining, banking, and lodging amenities. The building's address is 4601 N Congress Ave, West Palm Beach, FL 33407, in Palm Beach County. This is a multi-tenant property offering flexible space options to suit various medical practices. The building's prime location and proximity to JFK Hospital North Campus make it an ideal investment opportunity for medical professionals seeking a thriving and accessible location.

• CAP approach

  CAP return

  Valuation

  6%

  $7,396,423

  6.5%

  $6,827,468

  7%

  $6,339,792

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,052,420

  Geo Method

  $7,052,420

• Alternative Use

  Use

  Valuation

  Residential Income

  $8,466,060

  Hospitality / Lodging

  $7,754,865

  Institutional / Educational

  $6,451,957

  Healthcare / Senior Housing

  $6,673,850

  Retail / Commercial

  $10,036,377

Location Insight

City

West Palm Beach

County

Palm Beach

State

Florida

Latitude

26.7595

Longitude

-80.0875

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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