Private Address

Active

Private Address

$4,400,000

$919.35 per sqft

Active

4,786 sqft

Commercial

Built in 1954

Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.

A11419554

MLSⓇ ID

July 14, 2023

Listed

October 2, 2024

Updated

Map

Private Address

Interior Features

Total Stories: 1
Floor Description: Tile
Fireplace: No
Cooling: Yes
Cooling Description: Central Building A/C
Heating: Yes
Heating Description: Central Electric

Exterior/Building Features

Lot Size: 0.33 Acres
Lot Features: Corner Lot, In Residential Area
Roof: Shingle
Sewer: Public Sanitation

Other Property Details

Taxes: $26,010
Tax Frequency: Annually
Days on Market: 271
Garage: No
Parking: Common
Parking Total: 9
View: No
County: Palm Beach County
Water Source: Public
Pool: No
Zoning: RM (city

Listed by: Blue Water RE LLC
Listing Contact: 954-558-8538

Based on information from the Miami Association of REALTORS®. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated 2:28 AM UTC, 10/2/2024.