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226 - 218 Ne 5th Terrace, Delray Beach, FL – $2,650,000

  • $2.7M Price
  • 2,923 Sqft
  • $2.7M Price
  • 2,923 Sqft

226 - 218 Ne 5th Terrace

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. 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!

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Essential Information

  • MLS® #F10471271
  • Price$2,650,000
  • Bathrooms0.00
  • Square Footage2,923
  • Year Built1961
  • TypeResidential Income
  • Sub-TypeDuplex
  • StyleOther Style
  • StatusActive-Available

Community Information

  • Address226 - 218 Ne 5th Terrace
  • Area4360
  • SubdivisionDEL IDA PARK
  • CityDelray Beach
  • CountyPalm Beach County
  • StateFL
  • Zip Code33483

Amenities

  • Parking Spaces8

Interior

  • HeatingOther, Zoned Heat
  • # of Stories1
  • Stories1

Cooling

Wall/Window Unit Cooling, Zoned Cooling

Exterior

  • Lot Description1/4 To Less Than 1/2 Acre Lot
  • WindowsImpact Glass
  • RoofComp Shingle Roof
  • ConstructionConcrete Block Construction

Exterior Features

Open Balcony, Room For Pool, Screened Porch, Fence, Fruit Trees, Open Porch, Patio

Additional Information

  • Listing Courtesy ofWarehouse Realty
  • ZoningOSSHAD
  • HOA Fees Freq.Monthly
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Price Change History for 226 - 218 Ne 5th Terrace, Delray Beach, FL (MLS® #F10471271)

Date Details Change
Price Reduced from $2,700,000 to $2,650,000 $50,000 (1.85%)

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