$4,400,000
For Sale

Address Not Shown

Delray Beach, FL 33483
Browse 55 photos
Type:Purchase
Zone:Commercial

Description

Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.

  • Property Details
      • Lot DescriptionCorner Lot, In Residential Area
      • Property SubtypeIncome/MultiFamily
      • Sewer InformationPublic Sanitation
      • CountyPalm Beach County
      • Structure TypeFree Standing
      • MLS #A11419554
      • MLS #A11419554
      • Property TypePurchase
      • Cost4400000
      • Parking TypeCommon
      • Utility SourcePublic
      • Year Built1954
      • Stories1

Location

Nirmala EmaniReal 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.

Estimated Monthly Payment
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Loan Amount
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