226 NE 5th Terrace #226-218
Delray Beach, FL 33483
2923 sqft | #FX-10471271
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 Districtperfect 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!
Property Details
- Exterior FeaturesFence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch
- Exterior MaterialsFence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch
- Lot Features1/4 to 1/2 Acre
- Lot Description1/4 to 1/2 Acre
- Stories1
Measurements
- Square Feet2923
Construction Details
- Property TypeMulti-Family
Condition
- Year Built1961
Material information
- RoofComposition
Utilities / Energy Details
- Utility FeaturesCable Connected, Public Sewer, Well Water
Community and Neighborhood Details
- SubdivisionDEL IDA PARK
Location
- CountyPalm Beach
- ZoningOSSHAD
Financial Details
- Original List Price$2,700,000
- Taxes Annual$10,637
Other
- MLS #FX-10471271
Location
Legal
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Last Updated: . Source: BMLS
Listing Courtesy
Listing Agent: Matthew Avelar (#276575650)
Listing Office: Warehouse Realty (#276729767)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
