DELRAY BEACH INDUSTRIAL DEALS NOW

$2,150,000

Description

INDUSTRIAL PROPERTY SHOWCASE – BUILDING 3

601 N Congress Ave Delray Beach, FL 33445 — 4,681 SF Industrial Condo Unit Offered at $2,150,000

Delray Beach

601 N Congress Ave – Building 3 | Delray Beach Flex / Industrial Condo | 4,681 SF | $2,150,000 ($459.30/SF)

Executive Summary

This is one of the strongest flex-condo plays in the Delray industrial core. Suite 305 in Building 3 offers 4,681 SF in an industrial condo setting, currently offered at $2,150,000 with high functionality built in. It comes equipped for showroom, workshop, storage, or distribution use, complete with two 12′ × 14′ grade-level overhead doors, built-out offices, full air-conditioning, impact windows, kitchens, and multiple restrooms. Association fees are modest (≈ $2,308.54 quarterly), and the condo structure gives you ownership control without the burden of whole building management.

Why It Works / Investment Highlights

• Premium flexibility — warehouse, showroom, or hybrid operations supported by dual grade-level doors
• Full build-out — offices, restrooms, kitchen already in place
• Climate-controlled envelope — ensures product protection and staff comfort
• Impact windows and durable finishes — quality that lowers tenant capital load
• Central Delray industrial node — access to major corridors and Palm Beach County trade zones
• Clean ownership model — condo structure with clearly defined operating costs

Property Facts

• Unit: Suite 305, Building 3 • Year Built: 2004
• Size: 4,681 SF • Floors: 2
• Price: $2,150,000 → $459.30/SF
• Building Size: 125,437 SF (Building 3 total)
• Zoning: Industrial – Planned Commerce Center
• Overhead Doors: Two (2) grade-level 12′ × 14′ doors
• Offices / Support: 4 private offices, full kitchen, 2 bathrooms
• HVAC: In warehouse and office spaces
• Windows / Doors: Hurricane impact rated
• Association Fees: $2,308.54 per quarter
• Condo Use: Industrial / flex / warehouse / showroom permitted use

Strategic Angle
This unit is built for operators who don’t want to compromise between form and function. In a submarket where industrial product is becoming scarce, a flex condo that already has offices, impact windows, dual loading, and climate control is a rare find. For businesses needing warehousing, display, service, or showroom integration — this envelope addresses all of that in one controlled footprint.

In Delray and Palm Beach County, users and investors alike prize flexibility, turnkey readiness, and location. This property sits in a transit-rich, commerce-intersecting corridor. The leasing curve for high-spec flex product is steep — units like this lease quickly and often reprice aggressively. As an owner, you gain control over tenant strategy, capital improvements, and rent growth.

Bottom Line
Suite 305 in Building 3 offers a high-spec, functional, and flexible 4,681 SF industrial condo in Delray’s core. Priced at $2,150,000, it delivers dual loading doors, built-out offices, climate control, impact glazing, and a condo structure that keeps your cost burden clean. If you’re seeking industrial ownership that balances operations, brand, and upside — this is one of the clearest paths.

Industrial Market Report

• 2024: Blackstone Group acquired Palm Beach County industrial portfolio for $117M, signaling institutional appetite.
• 2024: Prologis purchased a Boynton Beach industrial complex for $85M, underlining regional demand strength.
• 2023: BentallGreenOak acquired a Boca Raton flex/office park for $62M, diversifying their South Florida holdings.
• Lease rates in Palm Beach County flex space average $17.50–$21.00/SF NNN, with vacancy under 4%.