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