Active

Delray Beach,FL 33444

$ 5250000

- Bed

6 Baths

3026 SqFt


Key Details

Property Type Commercial

Sub Type MultiFamily (5+ Units)

Listing Status Active

Purchase Type For Sale

Square Footage 3,026 sqft

Price per Sqft $1,734

Subdivision Town Of Delray

MLS Listing ID RX-10938293

Year Built 1926

Annual Tax Amount $21,508

Tax Year 2023

Lot Size 10,018 Sqft

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

Location

State FL

Zoning OSSHAD

Interior

Heating Window/Wall

Cooling Ceiling Fan,Wall-Win A/C

Flooring Tile,Vinyl Floor

Fireplaces Type Smoke Detector

Exterior

Community Features City Jurisdiction,Foreign Seller,Presently Leased

Utilities Available Other,Public Sewer,Separate Meter

Waterfront No

Waterfront Description None

Roof Type Comp Rolled,Flat Tile

Building

Story 100.00

Foundation Frame,Stucco,Woodside

Others

Acceptable Financing Cash,Conventional,VA

Listing Terms Cash,Conventional,VA

View More
Favorite Go Tour