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226 - 218 5th Terrace, Delray Beach, FL 33483

Multi-family For Rent
$2,700,000

BTC: 30.99885189

ETH: 792.48605812

/mo
11 days
0 room(s)
2,923 sqft
Est. Estimated sales range: $0 - $0
$0

Overview

Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income. Don’t miss this opportunity! (All future bookings can be transferred to new owner) Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!

Location

Florida • Delray Beach • 33483 • Multi-family • For Rent

Facts and features

Type:
Residential Lease
Parking:
Year Built:
1961
Lot:
No Data
Heating:
Other,Zoned Heat
Price/sqft:
$924
Cooling:
Wall/Window Unit Cooling,Zoned Cooling
HOA:
No Data
All facts and features

  • Flooring

    • Tile Floors

    Heating

    • Other,Zoned Heat

    Cooling

    • Wall/Window Unit Cooling,Zoned Cooling

  • Property

    • Exterior Features: Fence / Fruit Trees / Open Balcony / Open Porch / Patio / Room For Pool / Screened Porch

    Other Property Information

    • Parcel Number: 12434609290090170

    • Zoning: OSSHAD

  • Type and style

    • Property Type: Residential Lease

    • Property Sub Type: Duplex

  • Other financial information

    • HOA Frequency: Monthly

    • Annual tax amount: $10,637

  • Source details

    • MLS ID: F10471271

    Other facts

    • Construction Materials: Concrete Block Construction

    • Lot Features: 1/4 To Less Than 1/2 Acre Lot

    • Patio And Porch Features:

    • Pool Features:

    • Direction Faces: I-95 to Exit Atlantic Avenue East then North/Left on NE 2nd Avenue then East/Right on NE 5th Terrace to property on South/Right.

    • Living Area: 2923

    • Subdivision Name: DEL IDA PARK

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The multiple listing information is provided by the Beaches MLS from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2024-present Beaches MLS. 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: Warehouse Realty