Delray Beach, FL 33483

FOR SALE - Active
$4,400,000
$4,950,000 (11.1%)

Overview

  • Status: Active
  • Bed(s) No info
  • Bath(s)
  • Half Bath(s) 0
  • Parking No info
  • Size: 4,786 ft2/444.63 m2
  • Price Per: $919.35 ft2/$9,895.78 m2
  • Type: Commercial/Investment
  • Built: 1954
  • HOA: No info
  • MLS Number: A11419554
  • View No info
  • On Site: 207 days
  • Updated: Listing Refreshed: 207 Days Ago

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.

Price History

DateEventPriceChange RatePrice Per
N/APrice Reduced$4,400,000.0011.1%$919.35 ft2/$9,895.78 m2
05/17/2024Listed$4,950,000.00$1,034.27 ft2/$11,132.76 m2

Contact Information

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