$2,700,000
For Sale

226 NE 5th Terrace #226-218

Delray Beach, FL 33483
2923 sqft | #FX-10471271
Browse 29 photos
Type:Multi-Family
Structure:2 Family
Zone:Residential

Description

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 Districtperfect 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. Don't miss this opportunity!(All future bookings can be transferred to new owner)Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!

  • Property Details
      • Exterior FeaturesFence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch
      • Exterior MaterialsFence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch
      • Lot Features1/4 to 1/2 Acre
      • Lot Description1/4 to 1/2 Acre
      • Stories1
    • Measurements
      • Square Feet2923
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1961
    • Material information
      • RoofComposition
  • Utilities / Energy Details
      • Utility FeaturesCable Connected, Public Sewer, Well Water
  • Community and Neighborhood Details
      • SubdivisionDEL IDA PARK
    • Location
      • CountyPalm Beach
      • ZoningOSSHAD
  • Financial Details
      • Original List Price$2,700,000
      • Taxes Annual$10,637
  • Other
      • MLS #FX-10471271

Location

Susan Camus | Imagine PropertiesReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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Loan Amount
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