Active

Private Address

$5,250,000


$524.00 per sqft

Active

10,019 sqft

Commercial

Built in 1926

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

R10938293

MLS ID

November 20, 2023

Listed

February 16, 2024

Updated

Map

Private Address

Interior Features

Total Stories

2


Floor Description

Tile, Vinyl


Fireplace

No


Cooling

Yes


Cooling Description

Ceiling Fan(s), Wall/Window Unit(s)


Heating

Yes


Heating Description

Wall Furnace

Exterior/Building Features

Lot Size

0.23 Acres


Lot Features

City Lot


Roof

Composition, Flat, Tile


Sewer

Public Sewer

Other Property Details

Area Name

4110


Taxes

$21,508


Tax Frequency

Annually


Days on Market

53


Garage

No


View

No


County

Palm Beach County


Pool

No


Buyer Agency Compensation

2%

Listed by: Stateland Brown Holdings
Listing Contact: (561) 929-6144 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

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Data last updated 4:31 AM UTC, 2/16/2024

 

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