Property photo 1
0 Baths
4,786 sqft

$3,100,000

Price per sqft$647.72
Property size4,786 sqft
Property typeCommercial

Overview

Sold

Closed

Listed May 28, 2025

Updated 3 weeks ago

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

Other Property Details

Taxes
$26,010
Tax Frequency
Annually
New Construction
Yes

Bought with David M Lee with Edgestone Real Estate Inc. and Listed by Blue Water RE LLC

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