351 NE 7th Ave, Delray Beach FL 33483,Delray Beach,Palm Beach County,Commercial Sale
Description
Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don’t want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
Address
Open on Google Maps- Address 7th Ave
- City Delray Beach
- State/county Palm Beach County
- Zip/Postal Code 33483
Details
Updated on June 13, 2024 at 6:23 am- Property ID: A11419554
- Price: $4,400,000
- Year Built: 1954
- Property Type: Income/MultiFamily
- Property Status: Commercial Sale
Mortgage Calculator
- Down Payment
- Loan Amount
- Monthly Mortgage Payment
- Property Tax
- Home Insurance
- PMI
- Monthly HOA Fees
