Property Description
This property is 2 buildings on a parcel each, currently used as a Multi Family Quad plex intersecting parcels: 218- 226 NE 5th Terrace. Combined lots 24,000 sq ft per Property Appraiser. Land Use: MULTI-FAMILY (0800) Zoning: RL (city)/MULTI-FAMILY RESIDENTIAL (MEDIUM DENSITY) DISTRICT Income figures based on current short-term rentals, and vacation booking rentals at present time. Major Redevelopment opportunity in the heart of Delray Beach | 2 blocks north of Pineapple Grove, and 5 blocks north of Atlantic Ave
Basic Details
Status : Closed
Listing Type : For Sale
Property Type : Land
Listing ID : RX-10826732
Price : $2,250,000
Property Sub Type : Single Family Detached
Property Title : Land For Sale
Other Interior Features
Building Area : 0 Sqft
Virtual Tour : Click Here
Lot Area : 0.55 Acre
Address Map
Street : 5th
State : FL
County : Palm Beach
City : Delray Beach
Zipcode : 33444
Street Number : 226 - 218
Street Suffix : Terrace
Longitude : W81° 55' 46.9''
Latitude : N26° 28' 16.9''
Floor Number : 0
Directions : 95 to Exit Atlantic Avenue East then North/Left on NE 2nd Avenue then East/Right on NE 5th Terrace to property on South/Right
Lot Features : Interior Lot, Irregular Lot, 1/2 To < 1 Acre, Public Road
LotSize Dimensions : 200x120
Parcel Number : 12434609290090170
MLS Addon
PotentialShortSale : No
Association Fee : $0
Development Status : Recorded Plat
HighSchool : Fort Lauderdale
MiddleOrJunior School : Sunrise
Subdivision Name : DEL IDA PARK
Tax Annual Amount : $19,768
Tax Year : 2021
Zoning : RL - Medium Den
SqFt - Total : 0 Sqft
History
OriginalListPrice : $2,250,000
DOM : 0
Cumulative DOM : 0
Office Name : United Realty Group Inc
Agent Name : Devuyo Frantz Marcelin
ClosePrice : $2,030,000
CloseDate : 10/10/2022
Land For Sale
- Listing ID : RX-10826732
- Lot Area : 0.55 Acre
$2,250,000
Agent Info
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