Active

238 SE 1st Avenue

Delray Beach FL, 33444

$4,950,000


Active

Commercial

Built in 1972

10 unit, 2 story fully renovated (2004) apartment building in a very desirable location in Delray Beach, FL. Property has been gutted and renovated including new roof, new hurricane impact windows, all new HVAC units, cabinetry/countertops/appliances, flooring, lighting, bathrooms, closets and fans. Finishes are all upgraded to a coastal contemporary finish. Property is selling vacant to offer investor flexibility for either standard tenant leases or short-term Airbnb rentals or alternative uses. Delray Beach is a vibrant and sought-after location for both residents and tourists alike, making this property an excellent investment opportunity. This prime location in South Florida, known for its beautiful beaches, thriving dining and entertainment scene, and cultural attractions,

R10974117

MLS ID

April 2, 2024

Listed

July 13, 2024

Updated

Map

238 SE 1st Avenue
Delray Beach FL, 33444

Interior Features

Total Stories

2


Floor Description

Ceramic Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Ceiling Fan(s), Electric


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.31 Acres


Roof

Built-Up, Metal


Sewer

Public Sewer

Other Property Details

Area Name

4370


Taxes

$24,077


Tax Frequency

Annually


Days on Market

1


Garage

No


View

No


County

Palm Beach County


Water Source

Public


Pool

No

Listing History

Date

Event

Price

4/2/2024

Price Change

$4,950,000

4%

Listed by: Community Realty Associates
Listing Contact: (561) 251-3408 

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Data last updated 5:54 PM UTC, 7/13/2024

 

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