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173 SE 5th Avenue, Delray Beach FL 33483

Comercial Vendido Recientemente
$2,375,000

BTC: 37.69841270

ETH: 1,360.25200458

Fecha de venta: 2021-05-17
43 días
0 room(s)

Visión general

Prime real estate opportunity right in downtown Delray Beach and Atlantic Avenue! Best/most liberal zoning Central Business District (CBD) which allows for Hotels, Retail, and Office! This property has enormous potential for conversion to a Boutique Hotel, The property consists of two buildings, nine units in total. (161/173 SE 5th) The Total monthly gross income is $12,050/mo. Fully rented, updated kitchens, large one-bedrooms, and studios, tons of parking in front & back of the building, & coin-operated laundry. Back alley for parking, entry to the building, and trash. Beautiful courtyard next to the buildings. Partial hurricane shutters. One water meter for each building and separate electric meters for each unit. In the heart of Delray Beach development. Right between two brand new hotels (aloft & Courtyard by Marriott Delray Beach), retail and iPic movie theater! Don't miss out on this rare opportunity to own a piece of Delray Beach! 161 SE 5th Available for sale separately for $1,100,000. 173 SE 5th only sold as part of both buildings at $2,499,000

Ubicación

Detalles

Tipo:
Commercial Sale
Estacionamiento:
Sin datos
Año de construcción:
1946
Lote:
0.34 Hectáreas
Calefacción:
None
precio por sq. medidor:
Sin datos
Enfriamiento:
Wall/Window Unit(s)
HOA:
Sin datos

Valuation

Our model vs. what's actually selling nearby.
Estimate
$940,000
$620K – $1.8M
Confidence Low
List vs. estimate
$1.6M above estimate
List $2,499,000 · +165.9%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Based on
6 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $903K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Destacados

Annual tax
$34,726
2020
Más hechos y características
  • Piso

    • Tile

    Calefacción

    • None

    Enfriamiento

    • Wall/Window Unit(s)

  • Propiedad

    • Pisos: 2

    Lote

    • Lote: 0.34 Hectáreas

    Otra Información de Propiedad

    • Número de Parcela: 12434616011100080

    • Zonificación: CBD

  • Tipo y estilo

    • Tipo de propiedad: Commercial Sale

  • Otra información financiera

    • Importe anual de impuestos: $34,726

  • Detalles de la fuente

    • MLS ID: R10686249

    Otros hechos

    • Materiales de construcción: CBS Construction

    • Características del lote: Central Business District

    • Fuente de agua: Public

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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: Posh Properties