601 N Congress Ave

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601 N Congress Ave

Delray Beach, FL 33445
Asking Price
$799K
Asset Type
Traditional Office Retail
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Retail and traditional office space available for purchase.
  • Property encompasses a total area of 1,500 square feet.
  • Located in the city of Delray Beach, Florida.
  • Asset is currently listed for an asking price of $799,000.
  • Positioned on North Congress Avenue with proximity to regional infrastructure.

What's Special

For sale at 601 N Congress Ave in Delray Beach, Florida, this 1,500-square-foot property serves as a traditional office or retail space. Investors and business owners seeking a presence in this growing South Florida market will find the location well-positioned within a significant coastal corridor. The area benefits from consistent regional development and access to major thoroughfares connecting Palm Beach County, supporting sustained demand for professional and commercial services. Given the layout and zoning potential, the site is suited for private professional practices, boutique retail storefronts, or small-scale administrative operations. Its size and accessibility make it an efficient option for businesses aiming to establish a footprint in an established suburban commercial environment. The asset provides a straightforward acquisition for those looking to expand their portfolio or secure a permanent location in a highly active municipality.

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NOI
$80,000
Cap Rate
10.01%
DSCR
1.69
Strong
Cash-on-Cash
13.59%
Monthly Payment
$3,953.016
Annual Cash Flow
$32,563.807

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