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Residential Income For Sale

226 - 218 5th Terrace, Delray Beach, Florida 33483

Property Description

‘Now’s your chance, turnkey won’t last!!”, Short-Term, or Long Term Rental Location! 2 buildings on double lot, total property Square feet 17,396 | Excellent location 5 blocks north of Atlantic Ave, 2 blocks north of Pineapple Grove in the Del Ida Park Historic District. Great for seasonal rentals or Bed & Breakfasts or Airbnb. All units occupied m/m leases. Property has 8 parking spaces and large courtyard with tons of opportunities for the proper investor or developer. Each home has split electric meters. Income figures based on current short-term rentals, and vacation booking rentals at present time. Sold fully furnished.

Basic Details
Status : Closed
Listing Type : For Sale
Property Type : Residential Income
Listing ID : RX-10805618
Price : $2,250,000
Property Sub Type : Quad Plex
Property Title : Residential Income For Sale
Other Interior Features
Square Footage : 1,259 Sqft
Building Area : 0 Sqft
Virtual Tour : Click Here
Year Built : 1961
Lot Area : 8,398 Sqft
Features
Heating System : Zoned, Other
Cooling System : Zoned, Wall-win A/c
View : Garden
Exterior Features : Fence, Shed, Room For Pool, Open Balcony, Covered Patio, Fruit Tree(s), Screen Porch, Open Porch
Garage Spaces : 0
Roof : Comp Shingle
Address Map
Street : 5th
State : FL
County : Palm Beach
City : Delray Beach
Zipcode : 33483
Street Number : 226 - 218
Street Suffix : Terrace
Longitude : W81° 55' 47.4''
Latitude : N26° 28' 16.9''
Floor Number : 0
Directions : Dir: 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 : 1/2 To < 1 Acre
LotSize Dimensions : 145 ft x 240
Parcel Number : 12434609290090170
MLS Addon
PotentialShortSale : No
Association Fee : $0
Construction Materials : Block, Concrete
Flooring : Tile
HighSchool : Fort Lauderdale
MiddleOrJunior School : Sunrise
Senior Community : No
Subdivision Name : DEL IDA PARK
Tax Annual Amount : $7,141
Tax Year : 2020
Utilities : Public Water, Public Sewer, Electric, Well Water, Cable, Gas Natural
Window Features : Impact Glass
Zoning : OSSHAD
SqFt - Total : 1,649 Sqft
History
OriginalListPrice : $2,850,000
DOM : 0
Cumulative DOM : 0
Office Name : United Realty Group Inc
Agent Name : Devuyo Frantz Marcelin
ClosePrice : $2,030,000
CloseDate : 10/10/2022
Residential Income For Sale
  • Listing ID : RX-10805618
  • Square Footage : 1,259 Sqft
$2,250,000
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