For Sale
Delray Beach, Florida 33483
$4,400,000
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.
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Details
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Property Type: Commercial
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Property SubType: Multi Family
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Listing Type: For Sale
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Listing ID: A11419554
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Price: $4,400,000
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View: Intercoastal,ocean,pool
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Bedrooms: 0
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Bathrooms: 0
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Half Bathrooms: 0
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Square Footage: 0 Sqft
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Year Built: 1954
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Status: Active
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Original Property Type: Commercial Sale
Features
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Heating System : Central, Electric
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Cooling System : Central Air
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Roof Deck : Shingle
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Flooring : Tile
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Parking : Common
Location
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Country US
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State FL
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County Palm Beach County
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City Delray Beach
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Zipcode 33483
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Neighborhood: Delray Beach
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Floor Number: 0
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Longitude: W81° 55' 37.8''
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Latitude: N26° 27' 41.3''
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Directions: From 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
Additional Info
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Stories: 1
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UnBranded Virtual Tour: https://www.propertypanorama.com/instaview/mia/A11419554
