Skip To Content

46 Marine Way

Delray Beach, FL 33483
  • $2,995,000
  • STATUS: Active
  • ON SITE: 44 Days
  • ID#: RX-10851934
Open House
UPDATED: 48 min ago
$2,995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,248
    SQFT
  • $2,400
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1928
County:
Area:

School Ratings & Info

Description

Standing proud on the Intracoastal waterway just south of the Atlantic Avenue bridge in the Historic Marina District of Delray Beach, this property is a treasure. The origins of this historic home date back to 1922 where it is believed that Addison Mizner designed the property on what is now the Boca Raton Resort. This home is now an Iconic part of the scenic downtown Delray Beach waterway and the lot offers tremendous opportunity to combine a historic gem with modern day living as a beautiful income producing property. Two units in the best possible location for short term rentals with room to improve. All that Delray Beach has to offer is at the door step!

Monthly Payment Calculator

www.keriannworley.com/homes/135396946
Print Image

46 Marine Way Delray Beach, FL 33483

  • Price: $2,995,000
  • Status: Active
  • On Site: 44 Days
  • Updated: 48 min ago
  • ID#: RX-10851934
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1,248
SQFT
$2,400
$/SQFT
1928
Built
Neighborhood:
Palm Square
County:
Palm Beach
Area:
Delray Beach
Property Description
Standing proud on the Intracoastal waterway just south of the Atlantic Avenue bridge in the Historic Marina District of Delray Beach, this property is a treasure. The origins of this historic home date back to 1922 where it is believed that Addison Mizner designed the property on what is now the Boca Raton Resort. This home is now an Iconic part of the scenic downtown Delray Beach waterway and the lot offers tremendous opportunity to combine a historic gem with modern day living as a beautiful income producing property. Two units in the best possible location for short term rentals with room to improve. All that Delray Beach has to offer is at the door step!
Exterior Features

Carport Spaces 0.00 Construction FrameStucco Exterior Features Auto SprinklerOpen Porch Lot Description East Of Us-1Flood ZonePublic Road Lot Dimensions 90 Ft. X 53 Ft. Private Pool Description ConcreteInground Private Pool Dimensions 30 X 10 Private Pool YN Yes Roof BarrelBuilt-Up Unit1 Parking Open Parking Unit2 Parking Space Parking Water Frontage 53 Feet Waterfront Description Intracoastal Waterfront YN Yes

Interior Features

Cooling Central Individual Flooring TileWood Floor Heating Central Individual Unit1 Bedrooms 1 Unit1 Desc A/C UnitDishwasherElectric MeterKitchenLaundryRange - GasRefrigeratorWasher Unit1 Full Baths 1 Unit1 Furnished For Sale Unit1 Sq Ft 960 Unit2 Desc A/C UnitRefrigeratorRoman Tub Unit2 Full Baths 1 Unit2 Furnished No Unit2 Info Efficiency Unit2 Sq Ft 266 Window Treatments JalousieSingle Hung Wood

Property Features

Annual Net Operating Income 117500.00 Annual Total Expenses 30000.00 Auction No Available Info Other Built Desc Resale Gated Community No Gross Operating Income 147500.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Multifamily Type Duplex Possession At Closing REO No Restrictions Historic Designation Separate Electric Meters No Separate Water Meters No Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Other Special Info Sold As-Is Sq Ft Total 1248.00 Subdivision Amenities Boating Tax Amount 3546.00 Tax Year 2022 Taxes City/CountyHomestead Tenant Pays None Terms Considered CashConventionalExchange Unit1 Monthly Income 10000.00 Unit2 Monthly Income 4000.00 Utilities CableElectricPublic SewerPublic Water Zoning Rm

Listing provided courtesy of Engel & Voelkers Delray Beach: [IDXCONTACTINFORMATION]. Listing information © 2023 BeachesMLS
 
https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-10851934-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-10851934-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/orig_boomver_1_RX-10851934-2.jpg
Logo
Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432