Overview
Closing Costs Calculator- Status: Active
- Parking No info
- Size: 2,923 ft2/271.56 m2
- Price Per: $923.71 ft2/$9,942.72 m2
- Type: Multifamily
- Built: 1961
- HOA: No info
- MLS Number: F10471271
- View No info
- On Site: 10 days
- Updated: 3 Days Ago
- Page Views: 0
Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income. Don’t miss this opportunity! (All future bookings can be transferred to new owner) Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!
Contact AdvisorDevelopment Amenities
Development Amenities:
- Beach Club Available
- Bike And Jog Path
- Sidewalk
- Street Lights
Price History
| Date | Event | Price | Change Rate | Price Per |
|---|---|---|---|---|
| 11/13/2024 | Listed | $2,700,000.00 | $923.71 ft2/$9,942.72 m2 |
Features
Property Details for 226 - 218 NE 5th Terrace, Delray Beach, FL 33483
Del Ida Park, Multifamily current status is Active, 226 - 218 NE 5th Terrace is a Multifamily in , Delray Beach, FL 33483 with property MLS ID# F10471271.
This Multifamily has been listed on Best of Luxury Realty since November 13, 2024 and is currently priced at 2,700,000. This property was built in 1961.
- Bedrooms
- Bedrooms: No info
- Bedroom Description: No info
- Bathrooms
- Full Bathrooms: 0
- Half Bathrooms: No info
- Master Bathroom Description: No info
- Exterior and Lot Features
- Exterior Features: Fence, Fruit Trees, Open Balcony, Open Porch, Patio, Room For Pool, Screened Porch
- View: No info
- Interior, Heating and Cooling
- Interior Features: No info
- Appliances: No info
- Heating Description: Other, Zoned Heat
- Cooling Description: No info
- Building and Construction
- Floor Description: Tile Floors
- Windows/Treatment: No info
- Construction Type: Concrete Block Construction
- Year Built: 1961
- Style: Duplex
- Waterfront and Water Access
- Waterfront Property: No info
- Waterfront Frontage: No info
- Waterfront Description: No info
- Water Access: No info
- Water Description: No info
- School Information
- Elementary School: No info
- Middle School: No info
- High School: No info
- Other Property Info
- Community Name: Del Ida Park
- Subdivision Name: DEL IDA PARK
- Property Type: Multifamily
- Property Subtype: Residential Income
- Type of Association: Homeowners
- Garage Spaces: No info
- Listing Date: 11/13/2024
- Directions: I-95 to Exit Atlantic Avenue East then North/Left on NE 2nd Avenue then East/Right on NE 5th Terrace to property on South/Right.
- Area: 4360
- Brokered By: Warehouse Realty
- Taxes, Fees & More
- Maintenance/HOA Fees: No info
- Taxes (PLEASE NOTE THAT: Property taxes on resale can vary and prorated at approximately 2.0% of the purchase price and/or assessed market value. Tax rates differ between municipalities and may vary depending on location and usage): $10,637.00 (2021)
Nearest Schools
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Property Price:
$2,700,000.00
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Tracey Schmitt Office
Real Estate Advisors
Office: (561) 948-1657
Email: info@bestofluxuryrealty.com
This property is courtesy of the Warehouse Realty. This listing has been viewed 0 times. The data relating to real estate for sale/lease on this web site come in part from a cooperative data exchange program of the multiple listing service (MLS) in which this real estate firm (Broker) participates. The properties displayed may not be all of the properties in the MLS's database, or all of the properties listed with Brokers participating in the cooperative data exchange program. Properties listed by Brokers other than this Broker are marked with either the listing Broker's logo or name or the MLS name or a logo provided by the MLS. Detailed information about such properties includes the name of the listing Brokers. Information provided is thought to be reliable but is not guaranteed to be accurate; you are advised to verify facts that are important to you. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. The Florida Association of Realtors and its cooperating MLSs do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing.
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