$4,950,000
Sqft: 7,486
30 Days On Market

Courtesy of Community Realty Associates

Status: Active
Property Type: Multifamily (5+ Units)
Year Built: 1972
Days On Website: 30

Property Details for 238 1st Avenue, Delray Beach, FL 33444

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,

Listing

  • Source: Palm Beach
  • List price: $4,950,000
  • MLS ID: 20121115220811115022000000
  • Listing ID: RX-10974117
  • Listing date: 2024-04-02
  • Status: Active
  • For lease?: No
  • $661 per square foot
  • None

Bathrooms

  • 10 total bathrooms
  • 1 full bathroom, unit 1

Building

  • 7,486 total building square feet
  • Built in 1972
  • 2 stories
  • 10 units in build
  • Year built description: Resale
  • Square footage source: SimpleTemplate
  • 10 tenants
  • 10 bays
  • Concrete
  • Smoke Alarm
  • Smoke Detector
  • Resident. Multi-Fam.

Cooling

  • Ceiling Fan
  • Central Individual
  • Electric

Floors

  • Ceramic Tile

Heating

  • Central

Location

  • County: Palm Beach
  • Subdivision: DELRAY TOWN OF

Lot

  • 0 acres

Miscellaneous

  • Vacancy rate: 100.00
  • Landscaped
  • Sprinkler City
  • Electric
  • Cash
  • Conventional

Property

  • Property type: E
  • Zoning: RM-10
  • Waterfront: No
  • None

Roof

  • Built-Up
  • Metal

Security Features

  • None

Taxes

  • Real estate taxes: $24,077
  • Year: 2023

Utilities

  • 10.00 meter
  • Electric
  • Municipal Water
  • Public Sewer
  • Public Water

Map View


$4,950,000 - 238 1st Avenue, Delray Beach, FL 33444

Street View


Directions


238 1st Avenue
Delray Beach, FL 33444
County: Palm Beach

Accessibility Toolbar

Share