Skip To Content

Address Not Published

Delray Beach, FL 33483
  • $1,950,000
  • STATUS: Active
  • ON SITE: 561 Days
  • ID#: RX-10877091
UPDATED: 65 min ago
$1,950,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,404
    SQFT
  • $573
    $/SQFT
Neighborhood:
Hofman Add
Type:
Multi-Family
Built:
1971
Area:
Delray Beach

School Information

Elementary School:
Plumosa School Of The Arts
Middle School:
Carver Middle School
High School:
Atlantic High School
School Ratings & Info

Description

*DO NOT DISTURB TENANTS!Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.

Monthly Payment Calculator

www.keriannworley.com/homes/138078701
Print Image

Address Not Published Delray Beach, FL 33483

  • Price: $1,950,000
  • Status: Active
  • On Site: 561 Days
  • Updated: 65 min ago
  • ID#: RX-10877091
0
Beds
0
Baths
0
½ Baths
0.22
Acres
3,404
SQFT
$573
$/SQFT
1971
Built
Neighborhood:
Hofman Add
Area:
Delray Beach
Elementary School:
Plumosa School Of The Arts
Middle School:
Carver Middle School
High School:
Atlantic High School
Property Description
*DO NOT DISTURB TENANTS!Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.
Exterior Features

Carport Spaces 0.00 Construction Other Exterior Features None Lot Description < 1/4 Acre Private Pool YN No Roof Other Unit1 Parking Open Parking Unit2 Parking Open Parking Unit3 Parking Open Parking Unit4 Parking Open Parking Waterfront Description None Waterfront YN No

Interior Features

Cooling Electric Flooring Other Heating Electric Unit1 Bedrooms 1 Unit1 Desc Kitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 600 Unit2 Bedrooms 1 Unit2 Desc Kitchen Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 600 Unit3 Bedrooms 1 Unit3 Desc Kitchen Unit3 Full Baths 1 Unit3 Furnished No Unit3 Sq Ft 600 Unit4 Bedrooms 2 Unit4 Desc Kitchen Unit4 Full Baths 2 Unit4 Furnished No Unit4 Sq Ft 1100

Property Features

Annual Net Operating Income 44143.00 Annual Total Expenses 27557.00 Auction No Available Info LeasesNone Built Desc Resale Gated Community No Gross Operating Income 71700.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Multifamily Type Quad Plex REO No Restrictions None Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses Owner Special Assessment No Sq Ft Total 3404.00 Subdivision Amenities None Tax Amount 20068.00 Tax Year 2023 Taxes City/County Tenant Pays ElectricWater Terms Considered Cash Unit1 Lease Ends 2024-03-31 Unit1 Monthly Income 1600.00 Unit2 Lease Ends 2023-12-01 Unit2 Monthly Income 1500.00 Unit3 Lease Ends 2024-03-31 Unit3 Monthly Income 1475.00 Unit4 Lease Ends 2023-03-28 Unit4 Monthly Income 1400.00 Utilities ElectricNonePublic Water Zoning RM(cit

Listing provided courtesy of Coastal Commercial Group, Llc: . Listing information © 2024 BeachesMLS
 
https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-10877091-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-10877091-2.jpg https://bt-photos.global.ssl.fastly.net/rmls/1280_boomver_2_RX-10877091-2.jpg
Logo
Keriann Worley, Broker Associate at Douglas Elliman Real Estate
444 East Palmetto Park Rd
Boca Raton FL, 33432