Multifamily (5+ units) For Rent

Delray Beach, FL 33444

$5,250,000
0.23
Property Description

Spectacular investment opportunity in the very desirable Downtown Delray market. Nestled in the prestigious neighborhood of Bankers Row. Indulge in a world of leisure and recreation just steps from their doorstep. Multifamily duplex investment opportunity with substantial income producing property. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyers

Basic Details
Listing Type : For Rent
Price : $5,250,000
Features
: Ceiling Fan, Wall-Win A/C
Window/Wall
Tile,Vinyl Floor
No
Comp Rolled,Flat Tile
Location
US
FL
Delray Beach
33444
I95 Exit east to Atlantic Ave. Go east to Swinton Blvd. Turn Left onto Swinton and Right at the 1st light then left onto 1st Ave to the property on your left-hand side.
, Delray Beach, Palm Beach County, Florida 33444, USA
Extended Details
Virtual Tour URL
TOWN OF DELRAY
01.30.2024
Frame,Stucco,Woodside
None
Cash,Conventional,VA
Other,Public Sewer,Separate Meter
6
OSSHAD
Yes
2023
$0
Stateland Brown Holdings
Juna Jean
4500000.00
2.0
100.00
21508.00
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-10938293
Year Built1926
Lot Area0.23
Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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