| 226 - 218 NE 5th Terrace Delray Beach, FL 33483 |
| Listed Date YYYY/MM/DD:2024-11-13 | ID: 6010471271 |
| Price: $2,550,000 | County: Palm Beach County |
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| Area: 4360 | Square Footage: |
| Property Tax: $10,637.00 | Water Supply: Well Water |
| Sewer Description: Municipal Sewer | Zoning Information:OSSHAD |
| Folio Number: 12434609290090170 |
| Number of Units: | Year Built: 1961 |
| Number of Parking Spaces:8 |
| Lot Description: 1/4 To Less Than 1/2 Acre Lot |
| Year Built Description: Resale | Gross Rent Income: $ |
| Net Operating Income: $ | Number of Stories: 1.0000 |
| Tax Year: 2021 | Tax Information:Tax Reflects City & County Tax |
| Legal Description: DEL IDA PARK LT 17 & E 20 FT OF LT 18 BLK 9 (DEL-IDA PARK HISTORIC DIST) |
| Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income.
Seller Financing Options Available!
(All future bookings can be transferred to new owner)
Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well! |
