160 Congress Park DrDelray Beach, FL 33445

Property Details for 160 Congress Park Dr

Year built

2006

Construction

CONCRETE BLOCKS

Lot size

1.00 AC

Property size (Sq ft)

729 SF

Property type

Office properties

Property subtype

Office buildings

APN

12-43-46-18-62-000-2150

APU

12434618620002150

Description

This exceptional 2006-built office condo, located at 160 Congress Park Dr #111 in Delray Beach, Florida, presents a fantastic investment opportunity. Priced at $190,000, this nearly 400 square foot space is ideally situated in a vibrant area of Palm Beach County, zip code 33445. The property is part of a two-story building and offers a highly efficient layout. The interior features a well-designed reception area, perfect for welcoming clients, and a convenient bathroom. Assigned parking is included, ensuring convenient access for the owner, while ample guest parking is available for visitors. This move-in ready office condo is an excellent choice for a small business or professional seeking a well-maintained and conveniently located workspace. The property's prime location in Delray Beach offers easy access to local amenities, businesses, and transportation routes. This is a rare opportunity to acquire a well-appointed office space in a desirable location. The building itself is a single structure, built in 2006, providing a modern and functional workspace. Don't miss this chance to own a piece of Delray Beach's thriving business community.

• CAP approach

  CAP return

  Valuation

  6%

  $224,214

  6.5%

  $206,967

  7%

  $192,183

• Comparable approach

  Method

  Valuation

  Relative Method

  $195,314

  Geo Method

  $195,314

• Alternative Use

  Use

  Valuation

  Residential

  $256,639

  Hospitality

  $235,080

  Educational

  $195,583

  Medical

  $202,310

  Retail

  $304,241

Location Insight

City

Delray Beach

County

Palm Beach

State

Florida

Latitude

26.4582

Longitude

-80.0943

CBSA code

33100

CBSA name

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

Property Tax & Assessments

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