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Address Not Available By Request

Delray Beach, FL 33444
  • $5,250,000
  • STATUS: Active
  • ON SITE: 146 Days
  • MLS #: RX-10938293
UPDATED: 81 min ago
$5,250,000
  • 0
    BEDS
  • 0.23
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,026
    SQFT
  • $1,735
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1926
Area:

School Ratings & Info

Description

Spectacular investment opportunity in the very desirable Downtown Delray market. Nestled in the prestigious neighborhood of Bankers Row. Indulge in a world of leisure and recreation just steps from their doorstep. Multifamily duplex investment opportunity with substantial income producing property. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyers

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www.globalwiderealty.com/homes/145470224
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Address Not Available By Request Delray Beach, FL 33444

  • Price: $5,250,000
  • Status: Active
  • On Site: 146 Days
  • Updated: 81 min ago
  • MLS #: RX-10938293
0
Beds
0
Baths
0
½ Baths
0.23
Acres
3,026
SQFT
$1,735
$/SQFT
1926
Built
Neighborhood:
Town of Delray
Area:
Delray Beach
Property Description
Spectacular investment opportunity in the very desirable Downtown Delray market. Nestled in the prestigious neighborhood of Bankers Row. Indulge in a world of leisure and recreation just steps from their doorstep. Multifamily duplex investment opportunity with substantial income producing property. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyers
Exterior Features

Construction FrameStuccoWoodside Roof Comp RolledFlat Tile Waterfront Description None Waterfront YN No

Interior Features

Bath Toilets 6.00 Cooling Ceiling FanWall-Win A/C Flooring TileVinyl Floor Heating Window/Wall Miscellaneous1 LandscapedLaundry Miscellaneous2 Rear AccessStorage Percent Air Conditioned 100.00

Property Features

Auction No Available Docs Survey Available Info Copies of LeaseDrawingsExisting SurveyOwner managedPersonal Prop Inv Built Desc Preconstruction Expenses Real Estate Taxes 21508.23 Fire Protection Smoke Detector For Lease No For Sale Yes Lease AnnualMonth to MonthNone List Office Board Code Realtor Association of the Palm Beaches (RAPB) Location CityInvestment Sale Includes Building and Land Special Info City JurisdictionForeign SellerPresently Leased Tax Amount Real Estate Taxes 21508.00 Tax Year 2023 Tenant Pays CableElectricInsurance Tenants 6 Terms Considered CashConventionalVA Type Of Building CommercialCondoFree StandingResident. Multi-Fam. Use Income Utilities OtherPublic SewerSeparate Meter Zoning OSSHAD

Listing provided courtesy of Stateland Brown Holdings: . Listing information © 2024 BeachesMLS
 
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