Delray Beach, FL 33483
$4,400,000
50 more
Presented By: This listing is courtesy of Blue Water RE LLC;
Disclaimer: The information contained in this listing has not been verified by Worth Clark Realty and should be verified by the buyer.
SQFT • 4,786
Home Details
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.
Presented By: This listing is courtesy of Blue Water RE LLC;
Interior Features for
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Fireplace Y/NNo
FlooringTile
Heating Y/NYes
Window FeaturesImpactGlass
General for
Additional Parcels Y/NNo
Attached Garage No
Building NameDelray Beach Apartments
Carport Y/NNo
CityDelray Beach
Construction MaterialsBlock
CoolingCentralAir
CountyPalm Beach County
Days on Market271
DirectionsFrom I-95 proceed east on W Atlantic Ave, make left on NE 6th Ave (North ) to NE 4th Ave, make right and property on right two blocks. Corner of NE 7th Ave and NE 4th Street
ElectricItem100AmpService
Electric On Property Y/NNo
Garage Y/NNo
HeatingCentral, Electric
Home Owner AssocNo
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Legal DescriptionHIGHLAND PARK DELRAY LTS 27 & 28 BLK 121
LevelsOne
Lot Size Square Feet14566.0
Lot Size UnitsSquareFeet
MLS Area4220
MLS Area MinorPalm Beach 4220a; 4230b; 4360a; 4370b
MobileHomeRemainsYNNo
New ConstructionNo
NumberOfUnitsTotal9
Occupancy TypeVacant
Percent OwnershipLimited Partnership
PostalCityDelray Beach
Private PoolNo
Property Sub Type AdditionalMultiFamily
Property SubTypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
RoofShingle
Security FeaturesSecuritySystem, Fenced
Senior Community Y/NNo
SewerPublicSewer
Standard StatusActive
StatusActive
Stories1
Structure TypeApartment, MultiFamily
Tax Annual Amount26010.0
View Y/NNo
Virtual TourClick here
Waterfront Y/NNo
Year Built1954
Year Built DetailsNew Construction
Zoning DescriptionRM (city
Exterior for
Building Area Total4786.0
Covered Spaces0.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Area14566.0
Number of Buildings2
Number of Separate Electric Meters1
Open Parking Y/NNo
Parking FeaturesCommon
Road Frontage TypeCityStreet
SpaNo
Total Parking9.0
Water SourcePublic
Additional Details
Price History
