306 NE 2nd Street, Delray Beach, FL 33483 - Listing RX-10721769 by Waterfront & Estate Properties

See all 9 Photos

Map View

Favorite

Notes

Payments

306 NE 2nd Street

Delray Beach, FL 33483

FOR

SALE

$7,750,000

For Sale

1948

Yr. Built

MLS# RX-10721769

Listed on site 663 days since June 5th, 2021

Property Details

This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.

Get Directions

Print Flyer

Ask a Local Expert

Comments and Questions

*Your Name

Submit Question

Property Highlights

Status

For Sale

MLS Status

Active

Price

$ 7,750,000

Property Type

Commercial

Property Subtype

Industrial

Year Built

1948

Location

Subdivision

Delray Town Of

County

Palm Beach

Waterfront

Heating, Cooling & Utilities

Heat

Central

Cooling

Central

Utilities

Electric, Public Water, Water Available

Features

Flooring

Laminate, Tile

Building Details

Type of Building

Commercial, Income, Office Space

Roofing

Tar/Gravel

Lot

Zoned

CBD

Taxes & Terms

Terms

Cash

Lease Term

None

Phone:

View Census Data

View Schools

Get a Link to this Property: Copy To Clipboard

Listed by Van Arnem Properties Inc.

Payment Calculator

per month. Fixed. % interest.

Home Price

Down Payment

Loan Type

Interest Rate

Total interest paid over s will be:

Principal & Interest

Home Insurance

Property Tax

HOA Fees

All estimates and provided for informational purposes only. Actual amounts may vary. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. Information, rates, programs and loan scenarios shown are for example only as of 31-Mar-2023 and are subject to change without notice. All products are subject to credit and property approval. Not all products are available in all states or for all loan amounts. Other restrictions and limitations apply. Contact your preferred lender for the pricing associated with your specific transaction. Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independantly verified.

Interest rates and APRs presented are based on current market rates, are for informational purposes only, are subject to change without notice and may be subject to pricing add-ons related to property type, loan amount, loan-to-value, credit score and other variables - call for details.
This is not a credit decision or a commitment to lend.
Depending on loan guidelines, mortgage insurance may be required
If mortgage insurance is required, the mortgage insurance premium could increase the APR and the monthly mortgage payment. Additional loan programs may be available.
APR (annual percentage rate) reflects the effective cost of your loan on a yearly basis, taking into account such items as interest, most closing costs, discount points (also referred to as "points"), and loan-origination fees. One point is 1% of the mortgage amount (e.g., $1,000 on a $100,000 loan).
Your monthly payment is not based on APR, but instead on the interest rate on your Note.
Adjustable Rate Mortgage (ARM) rates assume no increase in the financial index after the initial fixed period. ARM rates and monthly payments are subject to increase after the fixed period.
These special rates presented here are only available when you pre-qualify and are not guaranteed until lock-in.
Amounts may be rounded up. Additional fees and closing costs apply. If the down payment is less than 20%, mortgage insurance may be needed, which could increase the monthly payment and APR.
Calculations are generated by Open Source mortgage calculation software tools using common mathematical formulas. All calculations should be independantly verified.
Please contact a loan specialist to get specific payment examples and information regarding your particular needs.

Get Walk Score Content

Property History

663 days ago

Property Listed

497 days ago

Date of last price change

43 days ago

Property info last updated

Similar Properties

All rights reserved. Information deemed reliable but not guaranteed. All listings featuring the RPBGFL MLS logo are provided by the Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2023 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.

Listing Data last updated: 30th March, 2023 17:00 MST

Start of property details