Office

302 Atlantic Ave

302 atlantic ave, delray beach, FL 33483

Price

Price on request

Description

Unbeatable Downtown Delray Beach location Beautifully upgraded office building in fantastic Downtown Delray Beach, near the Pineapple Grove Arts District! Abundant city parking with a planned parking garage coming soon. The building is adjacent to the state’s newest food hall and culinary phenomenon, Delray Beach Market. Within walking distance to award-winning dining, shopping, entertainment, museums, galleries, parks, and the Intracoastal. Nearby businesses include Lionfish, Johnnie Brown’s, Urban Outfitters, Taverna Opa, Vic & Angelo’s, Starbucks, Lemongrass, and so much more.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

302 atlantic ave, delray beach, FL 33483

Leaflet © OpenStreetMap contributors

Market Context

As of Q1 2026, the Palm Beach office market showed a 7.9% vacancy rate, average asking rents near $13.68/SF/yr, and rents up 7.9% year over year. Source: Cushman & Wakefield Q1 2026 market report.

Projected current pricing

indicative confidence

Projected asking rent

$13.68–$13.94/SF/yr

Estimated sale value

$73–$126/SF

Modeled estimate (income approach) shown as a range — not an appraisal. No market-specific cap rate is published for Palm Beach office yet, so this applies the typical cap rate across comparable office markets — treat it as a rough, indicative range that sharpens as sourced cap rates arrive. Projected asking rent × occupancy × net-operating-income margin band ÷ a benchmark cap rate, from Q1 2026 asking-rent data (benchmark cap rate 6.6%–8.6%, asking rent trend-adjusted to today).

View the full Palm Beach Office market report →

Rising rents point to a competitive market where well-priced, well-located assets trade quickly.

Compare it against other office listings for sale in Delray Beach, FL to benchmark pricing and space — view the full market.

Office market FAQ

Is the Palm Beach office market tightening or softening?: Vacancy is around 7.9%, with asking rents rising year over year (Q1 2026).

Unified Estimate

Medium Confidence

$467.02/SF-$631.84/SF

Mid: $549.43/SF

Rate estimator only; cost-of-business estimate unavailable.

Sale Price History

Market report quarterly trend fallback

Low Confidence

Avg Rent ($/SF/yr) (market data)
Vacancy %

Market asking rent (quarterly avg)Vacancy rate (right axis)

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.