(Undisclosed Address), Delray Beach

$5,250,000

0 Bed
0 Bath
3,026 Sqft
.23 Acre
0 Garage

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
StatusPrice Change
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
Date ListedNovember 24th, 2023
Days on Market68
ZoningOSSHAD
Listing Details
OfficeStateland Brown Holdings
Property History
Status Changed from Active to Price Change
Status Changed from Price Change to ActivePrice Increased from $4,500,000 to $5,250,000
Status Changed from Active to Price ChangeStatus Changed from New to ActivePrice Reduced from $5,500,000 to $4,500,000

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Listing information last updated on May 5th, 2024 at 3:45pm EDT.