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238 SE 1st Avenue
Delray Beach, FL 33444
FOR
SALE
$4,950,000
For Sale
1972
Yr. Built
MLS# RX-10974117
Cumulative Days on Market: 102 (since April 2nd, 2024) Data provided by the MLS.

Property Details

10 unit, 2 story fully renovated (2004) apartment building in a very desirable location in Delray Beach, FL. Property has been gutted and renovated including new roof, new hurricane impact windows, all new HVAC units, cabinetry / countertops / appliances, flooring, lighting, bathrooms, closets and fans. Finishes are all upgraded to a coastal contemporary finish. Property is selling vacant to offer investor flexibility for either standard tenant leases or short-term Airbnb rentals or alternative uses. Delray Beach is a vibrant and sought-after location for both residents and tourists alike, making this property an excellent investment opportunity. This prime location in South Florida, known for its beautiful beaches, thriving dining and entertainment scene, and cultural attractions,

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Property Highlights

Status
For Sale
MLS Status
Active
Price
$ 4,950,000
Property Type
Commercial
Property Subtype
MultiFamily (5+ Units)
Year Built
1972

Location

Subdivision
Delray Town Of
County
Palm Beach
Waterfront
No

Heating, Cooling & Utilities

Heat
Central
Cooling
Ceiling Fan, Central Individual, Electric
Utilities
Electric, Municipal Water, Public Sewer, Public Water
Waterfront Details
None

Features

Flooring
Ceramic Tile

Building Details

Construction
Concrete
Type of Building
Resident. Multi-Fam.
Roofing
Built-Up, Metal
Security
None

Lot

Zoned
RM-10

Taxes & Terms

Terms
Cash, Conventional
Lease Term
None

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Listed by Community Realty Associates
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Property History

101 days ago
Property information last updated
102 days ago
Status Active. This is the date the listing was placed on market.
NOTE: Cumulative Days on Market: 102. Data provided by the MLS.

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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 2024 Realtors of the Palm Beaches and Greater Fort Lauderdale, Inc. and Beaches MLS, Inc.
Listing Data last updated: 07/14/2024 02:15 AM
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