226 - 218 NE 5th Terrace, Delray Beach, FL 33483 - Listing RX-10805618 by Waterfront & Estate Properties

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226 - 218 NE 5th Terrace

Delray Beach, FL 33483

SOLD

$2,030,000

Sold

1,649

Sq.Ft.

1961

Yr. Built

MLS# RX-10805618

Property Details

'Now's your chance, turnkey won't last!!'', Short-Term, or Long Term Rental Location! 2 buildings on double lot, total property Square feet 17,396 | Excellent location 5 blocks north of Atlantic Ave, 2 blocks north of Pineapple Grove in the Del Ida Park Historic District. Great for seasonal rentals or Bed and Breakfasts or Airbnb. All units occupied m / m leases. Property has 8 parking spaces and large courtyard with tons of opportunities for the proper investor or developer. Each home has split electric meters. Income figures based on current short-term rentals, and vacation booking rentals at present time. Sold fully furnished.

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Property Highlights

Status

Sold

MLS Status

Closed

Price

$ 2,250,000

Property Type

Residential Income

Property Subtype

Quad Plex

Total Living Area

1,259

Total Sq Ft

1,649

Has Pool?

Year Built

1961

Location

Subdivision

Del Ida Park

County

Palm Beach

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Garden

Waterfront

Heating, Cooling & Utilities

Heat

Other, Zoned

Cooling

Wall-Win A/C, Zoned

Utilities

Cable, Electric, Gas Natural, Public Sewer, Public Water, Well Water

Waterfront Details

None

Features

Flooring

Tile

Building Details

Outdoor Features

Covered Patio, Fence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch, Shed

Construction

Block, Concrete

Roofing

Comp Shingle

55+ Community

No Hopa

Lot

Zoned

OSSHAD

Taxes & Terms

Terms

Cash, Conventional, Exchange

Taxes

$7,141

REO

HOA Fee Monthly

$0.00

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Listed byUnited Realty Group IncSold by

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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 30-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.
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Your monthly payment is not based on APR, but instead on the interest rate on your Note.
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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

299 days ago

Property Listed

233 days ago

Date of last price change

171 days ago

Date Sold

43 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: 30th March, 2023 16:00 MST

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