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39 SW 6th Ave, Delray Beach FL 33444

Multi-family For Sale
$1,000,000

BTC: 11.03540212

ETH: 340.13605442

72 days
0 room(s)
1,200 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Exceptional Qualified Opportunity Zone Development Sites in the Heart of Delray Beach comprising of two joined 0.16 Acre properties, Right on SW 6th Ave adjacent to the CRA's 6 Acres Development Site Fronting Atlantic Ave between SW 6th Ave & SW 9th Ave. Located less than one block from vibrant Atlantic Avenue and surrounded by numerous transformative projects currently progressing through the pipeline, this deal is ripe for development. Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue, this portfolio is an incredible opportunity for an experienced developer. Available at $1,000,000 this Opportunity Zone Development site includes: A soon to be vacant duplex and a contiguous vacant parcel totaling 13,940 SF of developable land. Positioned directly adjacent to the highly anticipated Delray Beach CRA 6 acres redevelopment project to be anchored by a 20,000+ SF grocery store. Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives. This property is a standout offering in one of South Florida’s fastest-growing corridors.

Location

Facts and features

Type:
Residential Income
Parking:
No Data
Year Built:
1957
Lot:
No Data
Heating:
Window/Wall
Price/sqft:
$833
Cooling:
Wall/Window Unit(s)
HOA:
No Data
All facts and features
  • Flooring

    • Ceramic Floor

    • Concrete

    Heating

    • Window/Wall

    Cooling

    • Wall/Window Unit(s)

  • Other Property Information

    • Parcel Number: 12434616010210200

    • Zoning: RM (city

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Duplex

  • Other financial information

    • Annual tax amount: $4,059

  • Source details

    • MLS ID: A11903265

    Other facts

    • Construction Materials: Concrete Block Construction / CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot

    • Architectural Style: Detached

    • Living Area: 1200

    • Subdivision Name: DELRAY TOWN OF

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