Multifamily (5+ units) For Sale

238 SE 1st Avenue, Delray Beach, FL 33444

$4,950,000
0.31
Property Description

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,

Basic Details
Listing Type : For Sale
Price : $4,950,000
Features
: Electric, Ceiling Fan, Central Individual
Central
Ceramic Tile
No
None
Built-Up,Metal
Location
US
FL
Palm Beach
Delray Beach
33444
E Atlantic Ave to south on SE 1st Ave
238 Se 1st Avenue, Delray Beach, Fl 33444
Extended Details
Virtual Tour URL
DELRAY TOWN OF
04.02.2024
Concrete
None
Cash,Conventional
Electric,Municipal Water,Public Sewer,Public Water
10.00
10
RM-10
Yes
2023
At Closing,Funding
$0
Community Realty Associates
Douglas E. Addeo
4750000.00
2.0
100.00
24076.60
beachesmls
Property TypeMultifamily (5+ units)
StatusActive
Listing IDRX-10974117
Year Built1972
Lot Area0.31
Mortgage Calculator
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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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