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N/A, Delray Beach, FL – $5,250,000

  • $5.3M Price
  • 3,026 Sqft
  • .23 Acres
  • $5.3M Price
  • 3,026 Sqft
  • .23 Acres

(Undisclosed Address)

Spectacular investment opportunity in the very desirable Downtown Delray market. Nestled in the prestigious neighborhood of Bankers Row. Indulge in a world of leisure and recreation just steps from their doorstep. Multifamily duplex investment opportunity with substantial income producing property. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyers

Essential Information

  • MLS® #RX-10938293
  • Price$5,250,000
  • Square Footage3,026
  • Acres0.23
  • Year Built1926
  • TypeCommercial
  • Sub-TypeIncome
  • StatusActive

Style

Commercial, Condo, Free Standing, Resident. Multi-Fam.

Community Information

  • AddressN/A
  • SubdivisionTOWN OF DELRAY
  • CityDelray Beach
  • StateFL
  • Zip Code33444

Amenities

  • WaterfrontNone

Utilities

Public Sewer, Separate Meter, Other

Interior

  • AppliancesBuilding and Land
  • HeatingWindow/Wall
  • CoolingCeiling Fan, Wall-Win A/C
  • # of Stories2

Exterior

  • Lot DescriptionMULTI-FAMILY
  • RoofComp Rolled, Flat Tile
  • ConstructionFrame, Frame/Stucco, Woodside

Additional Information

  • Listing Courtesy ofStateland Brown Holdings
  • Date ListedNovember 24th, 2023
  • ZoningOSSHAD
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Price Change History for N/A, Delray Beach, FL (MLS® #RX-10938293)

Date Details Change
Price Increased from $4,500,000 to $5,250,000 $750,000 (16.67%)
Price Reduced from $5,500,000 to $4,500,000 $1,000,000 (18.18%)

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