369-391 SE 2nd Avenue, Delray Beach, FL 33483 - Listing RX-10789908 by Waterfront & Estate Properties

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369-391 SE 2nd Avenue

Delray Beach, FL 33483

FOR

SALE

$6,999,000

For Sale

1959

Yr. Built

MLS# RX-10789908

Listed on site 353 days since April 7th, 2022

Property Details

Incredible Redevelopment Opportunity in Delray Beach's Osceola Park just minutes from the beach and Vibrant Atlantic Avenue. * * Five (5)adjacent lots offer untapped potential in Delray Beach. Zoned for industrial and commercial use, can be rezoned for Residential. Delray Beach Osceola Park neighborhood is undergoing a Huge community improvement project,Allowing for roadway, alley and utility improvements to further enhance the needs of residents and offering a even greater appeal in this Sought after City.

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Property Highlights

Status

For Sale

MLS Status

Active

Price

$ 6,999,000

Property Type

Commercial

Property Subtype

MultiFamily (5+ Units)

Year Built

1959

Location

Subdivision

Osceola Park

County

Palm Beach

Waterfront

Heating, Cooling & Utilities

Heat

Other

Cooling

Other

Utilities

Electric

Features

Flooring

Concrete, Other

Building Details

Type of Building

Commercial, Condo, Hotel / Motel, Industrial, Other

Roofing

Other

Lot

Zoned

Taxes & Terms

Terms

Cash

Lease Term

None, Option Available

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Listed by Douglas Elliman

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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 27-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.

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Property History

353 days ago

Property Listed

174 days ago

Date of last price change

39 days ago

Property info last updated

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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: 27th March, 2023 02:00 MST

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