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304 SE 3rd Street

Delray Beach, FL 33483
  • $2,995,000
  • STATUS: Active
  • ON SITE: 20 Days
  • ID#: RX-11053801
$2,995,000
  • 0
    BEDS
  • 0.33
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,028
    SQFT
  • $989
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1960
County:
Area:

School Ratings & Info

Description

Do not miss this opportunity to own this 4- unit income producing vacation rental in Osceola Park, 3 blocks from Johhny Brown's. A mid-century modern, remodeled, turn-key, high demand rental close to everything Delray Beach has to offer - 3-yr-old heated pool, beautifully landscaped huge yard complete with oversized pergola, outdoor dining, grills, travertine pavers, corn-hole, fire-pit, lounge spaces with umbrellas. Each 2bed/1ba unit has hurricane impact windows and doors, 2022 AC mini splits, is plumbed for individual outdoor showers, furnished, in-unit laundry, tankless water heater, patio space, 1 parking spot p/unit, 4 guest spots, and golf cart charging station in lot. All units share the huge breathtaking backyard for a resort-style vacation retreat.

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www.kaufman-propertiesfl.com/homes/159566345
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304 SE 3rd Street Delray Beach, FL 33483

  • Price: $2,995,000
  • Status: Active
  • On Site: 20 Days
  • ID#: RX-11053801
0
Beds
0
Baths
0
½ Baths
0.33
Acres
3,028
SQFT
$989
$/SQFT
1960
Built
Neighborhood:
Linns
County:
Palm Beach
Area:
Delray Beach
Property Description
Do not miss this opportunity to own this 4- unit income producing vacation rental in Osceola Park, 3 blocks from Johhny Brown's. A mid-century modern, remodeled, turn-key, high demand rental close to everything Delray Beach has to offer - 3-yr-old heated pool, beautifully landscaped huge yard complete with oversized pergola, outdoor dining, grills, travertine pavers, corn-hole, fire-pit, lounge spaces with umbrellas. Each 2bed/1ba unit has hurricane impact windows and doors, 2022 AC mini splits, is plumbed for individual outdoor showers, furnished, in-unit laundry, tankless water heater, patio space, 1 parking spot p/unit, 4 guest spots, and golf cart charging station in lot. All units share the huge breathtaking backyard for a resort-style vacation retreat.
Exterior Features

Carport Spaces 0.00 Construction CBSStucco Exterior Features Auto SprinklerFenceOpen PorchZoned Sprinkler Lot Description 1/4 to 1/2 Acre Private Pool Description ConcreteEquipment IncludedGuniteHeatedInground Private Pool YN Yes Roof Comp Rolled Storm Protection Impact Glass Complete Unit1 Parking Space Parking Unit2 Parking Space Parking Unit3 Parking Space Parking Unit4 Parking Space Parking View Pool Waterfront Description None Waterfront YN No

Interior Features

Cooling Other Flooring Terrazzo Floor Heating ElectricOther Unit1 Bedrooms 2 Unit1 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSeparate DiningSmoke DetectorStack BedroomsWasherWindow Cover Unit1 Full Baths 1 Unit1 Furnished Yes Unit1 Sq Ft 757 Unit2 Bedrooms 2 Unit2 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSeparate DiningSmoke DetectorStack BedroomsWasherWindow Cover Unit2 Full Baths 1 Unit2 Furnished Yes Unit2 Sq Ft 757 Unit3 Bedrooms 2 Unit3 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSeparate DiningSmoke DetectorStack BedroomsWasherWindow Cover Unit3 Full Baths 1 Unit3 Furnished Yes Unit3 Sq Ft 757 Unit4 Bedrooms 2 Unit4 Desc A/C UnitDishwasherDisposalDryerElectric MeterKitchenLaundryMicrowavePatioRange - ElectricRefrigeratorSeparate DiningSmoke DetectorStack BedroomsWasherWindow Cover Unit4 Full Baths 1 Unit4 Furnished Yes Unit4 Sq Ft 757 Window Treatments BlindsImpact Glass

Property Features

Annual Net Operating Income 197866.29 Annual Total Expenses 41735.40 Auction No Available Info Other Built Desc Resale Gated Community No Gross Operating Income 336775.86 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association of the Palm Beaches (RAPB) Maintenance Fee Includes None Multifamily Type Quad Plex Possession At ClosingFunding 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 Other Sq Ft Total 3028.00 Subdivision Amenities None Tax Amount 23474.40 Tax Year 2024 Taxes City/County Tenant Pays CableElectricSewerWater Terms Considered CashConventionalExchange Unit1 Monthly Income 7000.00 Unit2 Monthly Income 7000.00 Unit3 Monthly Income 7000.00 Unit4 Monthly Income 7000.00 Utilities ElectricPublic Water Zoning R-1-A

Listing provided courtesy of Coldwell Banker Realty /Delray Beach: . Listing information © 2025 BeachesMLS
 
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Michael Kaufman Real Estate
1200 N Federal Hwy, Suite 300
Boca Raton FL, 33432