4889 S Congress Avenue is a 100% leased, ±9,672-square-foot medical office investment property located in Lake Worth, Florida, near the JFK Medical Center healthcare hub. 6.39% current cap rate; 6.5% beginning February 2027.
This two-story asset is fully occupied by three established healthcare practices on NNN leases with annual rent escalations, providing investors with immediate cash flow and built-in income growth. The property has also benefited from more than $500,000 in recent improvements, including a new roof, renovated second floor, renovated elevator cab, two new HVAC units, refreshed exterior paint, upgraded landscaping and monument signage, and a resealed and restriped parking lot. The building includes 40 surface parking spaces, a covered porte-cochere, approximately 105 feet of frontage along S Congress Avenue and prominent building and monument signage.
Positioned within the established Lake Worth/Atlantis medical corridor, the property sits approximately half a mile from JFK Medical Center, minutes from the 6th Avenue South I-95 interchange, and within a short drive of Florida's Turnpike. The location combines proximity to a major healthcare ecosystem with strong demographics and high visibility along S Congress Avenue, which sees approximately 34,500 vehicles per day.
For investors seeking a fully leased medical office building for sale in Palm Beach County, 4889 S Congress Avenue offers a compelling combination of strong tenancy, NNN lease structure, scheduled rent growth, recent capital improvements, and an established medical location. Visit CoStar's Data Room to view the full Offering Memorandum or call (561) 471-8000 for more information.