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226 - 218 NE 5th Terrace

Delray Beach, FL 33483
  • $2,600,000
  • STATUS: Active
  • ON SITE: 27 Days
  • ID#: F10471271
Price Reduced
UPDATED: 56 min ago
$2,600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,923
    SQFT
  • $889
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

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. Seller Financing Options Available!(All future bookings can be transferred to new owner)Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!

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All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2024 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2024-12-11T22:18:32.373.
www.kaufman-propertiesfl.com/homes/157836786
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226 - 218 NE 5th Terrace Delray Beach, FL 33483

  • Price: $2,600,000
  • Status: Active
  • On Site: 27 Days
  • Updated: 56 min ago
  • ID#: F10471271
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2,923
SQFT
$889
$/SQFT
1961
Built
Neighborhood:
Del Ida Park
County:
Palm Beach
Area:
4360
Property Description
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. Seller Financing Options Available!(All future bookings can be transferred to new owner)Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!
Exterior Features

Construction Type Concrete Block Construction Exterior Features FenceFruit TreesOpen BalconyOpen PorchPatioRoom For PoolScreened Porch Lot Description 1/4 To Less Than 1/2 Acre Lot Parking Spaces 8 Pool No Property Type Information Other Roof Description Comp Shingle Roof Style Duplex Type Of Property Duplex Waterfront Property YN No Windows Treatment Impact Glass

Interior Features

Cooling Description Wall/Window Unit CoolingZoned Cooling Floor Description Tile Floors Heating Description OtherZoned Heat

Property Features

Association Fee 0 Association Fee Paid Per Monthly Association Type None Assumable No Auction YN No Cable Available Yes Gated Community YN No Geographic Area Palm Beach 4220a; 4230b; 4360a; 4370b Information Available NoneExisting Survey Possession Information At Closing Rent Includes Cable TvWater REO No Sewer Description Municipal Sewer Special Information As IsSurvey Available Subdivision Name DEL IDA PARK Tax Amount 10637 Tax Information Tax Reflects City & County Tax Tax Year 2021 Terms Considered CashConventionalExchange Total Units 2 Water Description Well Water Year Built Description Resale Zoning Information OSSHAD

Listing provided courtesy of Warehouse Realty: . Listing information © 2024 BeachesMLS


All listings featuring the BMLS logo are provided by BeachesMLS Inc. Copyright ©2024 BeachesMLS, Inc.
IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This information is not verified for authenticity or accuracy and is not guaranteed. Data last updated 2024-12-11T22:18:32.373.
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432