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
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
Features
Building and Construction
Construction: Frame, Stucco, Woodside
Flooring: Tile, Vinyl Floor
Roof: Comp Rolled, Flat Tile
Sqft Source: Owner
Total Building Sqft: 3026.00
Type Of Building: Commercial, Condo, Free Standing, Resident. Multi-Fam.
Property Information
Property Condition: Preconstruction
Property Desc: MULTI-FAMILY
Property Group Id: 19990816212135227274000000
Eco-Communities
Waterfront Details: None
Utilities
Air Conditioned: 100.00
Cooling: Ceiling Fan, Wall-Win A/C
Fire Protect: Smoke Detector
Heating: Window/Wall
Num Of Stories: 2.0
Utilities: Other, Public Sewer, Separate Meter
Finance and Tax Information
Expenses R E Taxes: 21508.23
Tax Year: 2023
Rental Information
Tenant Pays: Cable, Electric, Insurance
Other Features
Avail Docs: Survey
Avail Info: Copies of Lease, Drawings, Existing Survey, Owner managed, Personal Prop Inv
Legal Desc: CITY/MUNI/TWP:DELRAY BEACH SUBD:DELRAY TOWN OF SEC/TWN/RNG/MER:SEC 16 TWN 46S RNG 43E TOWN OF DELRAY LT 13 BLK 67
Location: City, Investment
Miscellaneous 1: Landscaped, Laundry
Miscellaneous 2: Rear Access, Storage
Sale Includes: Building and Land
Special Info: City Jurisdiction, Foreign Seller, Presently Leased
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