1200 17Th AveDelray Beach, FL 33445

Property Details for 1200 17Th Ave

Year built

2003

Construction

CONCRETE

Lot size

3.11 AC

Property size (Sq ft)

31,231 SF

Zone code

PCC

Property type

Office properties

Property subtype

Office buildings

APN

12-43-46-07-32-013-0020

APU

12434607320130020

Description

This exceptional single-tenant office space, located at 1200 NW 17th Avenue in Delray Beach, Florida, offers 31,231 square feet of beautifully designed workspace. The property is zoned PCC(ci) and features a private office with a locked door, easily accommodating two desks (one desk and chair included). Amenities include mail service with a physical address, high-speed and secure Wi-Fi access, and a shared conference room. Free parking is provided for added convenience. The building's strategic location offers easy access to major roadways, being centrally located near I-95 and the Florida Turnpike, and directly off Congress Avenue in Delray Beach, Florida (zip code 33445). The property's APN is 12434607320130017. This is a single-suite building on a lot with no recorded square footage. This turnkey office space presents a fantastic opportunity for businesses seeking a well-appointed and conveniently located office in a thriving area of Delray Beach. The property is ideal for a business needing a significant amount of space in a single unit.

• CAP approach

  CAP return

  Valuation

  6%

  $9,605,515

  6.5%

  $8,866,629

  7%

  $8,233,298

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,367,410

  Geo Method

  $8,367,410

• Alternative Use

  Use

  Valuation

  Residential

  $10,994,620

  Hospitality

  $10,071,013

  Educational

  $8,378,964

  Medical

  $8,667,130

  Retail

  $13,033,945

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4769

Longitude

-80.0897

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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