1211 Ne 8th Av, Delray Beach, 33483

Commercial - Income, Other For Sale in KENMONT

$1,488,000

Beds
Baths
3,022Sqft
¼Acres
1955Built
MLS® #: RX-10523982
Pending

In the heart of booming Delray this fully rented and renovated 8 unit building is ready and waiting for you to take it to the next level! 100% occupancy since the current owner bought the property in 2013. This building features four efficiencies and four 1 bedroom units, on site coin operated tenant laundry facility and also has a brand new roof. Located a half mile from downtown Delray and less than a mile to the beach! An already strong rental could be even stronger in comparison to the vacation rentals in the area who charge up to 3 times more based on monthly rentals. This turnkey operation is ready for a new owner. Additionally preliminary 2019 tax records also shows the land alone is worth close to a million dollars.Owner would consider some financing.

Price & Status History

Date Details
Status Changed from Active to Pending
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,490,000 to $1,488,000
Status Changed from Price Change to Active
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Essential Information

MLS® #: RX-10523982
Price: $1,488,000
Square Footage: 3,022
Acres: 0.25
Year Built: 1955
Type: Commercial
Sub-Type: Income, Other
Style: Resident. Multi-Fam.
Status: Pending

Community Information

Address: 1211 Ne 8th Av
Area: 4220
Subdivision: KENMONT
City: Delray Beach
County: Palm Beach
State: FL
Zip Code: 33483

Amenities

Utilities: Cable, 3-Phase Electric, Public Sewer, Public Water
Waterfront: None

Interior

Appliances: Building and Land, Equipment, Fixtures
Heating: Other
Cooling: Other
# of Stories: 1

Exterior

Lot Description: 8-Unit Multi-Family
Roof: Comp Shingle
Construction: CBS

Additional Information

Zoning: RL(cit

Listing Details

Listing Office: Multiple Listing Solutions

Financials

$/SqFt: $492

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2019 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2019 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on November 20th, 2019 at 2:16pm EST.