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955 Egret Circle, Delray Beach FL 33444

Commercial Recently Sold
$2,505,000

BTC: 30.12990137

ETH: 945.28301887

Sold on: 2022-05-31
8 days
0 room(s)

Overview

RARE INVESTMENT opportunity in desirable location in Delray Beach - only 1 1/2 miles to the beach, shopping and restaurants nearby. This bulk purchase includes 13 Condo Units, all in one building (total units in building = 53). All 13 units are rented. However, units have NOT been updated. Rehab, then rent for more or sell with a profit. 6 units are 1/1, 7 units are 2/2. Total sq-ft heated and cooled is 12,752 (taxrolls). Photos to show condition of units. Buyer must be natural person - no LLC, Corp etc.

Location

Details

Type:
Commercial Sale
Parking:
No Data
Year Built:
1985
Lot:
No Data
Heating:
Central Individual A/C
Price/sqft:
No Data
Cooling:
Central Individual A/C
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$702,500
$325K – $1.6M
Confidence Low
List vs. estimate
$1.6M above estimate
List $2,300,000 · +227.4%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
8 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $302K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.
All facts and features
  • Flooring

    • Carpet

    • Tile

    Heating

    • Central Individual A/C

    Cooling

    • Central Individual A/C

    Other interior features

    • Elevator

  • Property

    • Levels: 1

    Other Property Information

    • Parcel Number: 12434600000000000

    • Zoning: condominium

  • Type and style

    • Property Type: Commercial Sale

    • Property Sub Type: Multi Family

  • Utility

    • Cable Connected

    • Cable Available

  • Source details

    • MLS ID: R10789451

    Other facts

    • Water Source: Public

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: LoKation