WOW! This 8-unit Multifamily property sited on over .40 acres in a Prime location of East Delray Beach is now available! The building is composed of Four 2bed/2bath units and Four 1bed/1bath units. Six of the Eight units are occupied with a mixture of annual and month-to-month leases, perfect for investors. There is ample parking (16 spaces) with the ability to add a pool OR increase the density with an additional unit for highest ROI. Palm Trail is a highly desired street address with multi-million dollar estates adjacent to the property and minutes to Downtown Delray’s Atlantic Ave. A must see!
Property Details
Price:
$3,200,000
MLS #:
RX-10809723
Status:
Active
Address:
1850 Palm Trail
Type:
Commercial
City:
Delray Beach
Listed Date:
Jun 18, 2022 (55 days)
State:
FL
ZIP:
33483
Subdivision:
SNOW HILL
Lot Size:
17,859 sqft / 0.41 acres (approx)
Year Built:
1972
Schools
Interior
Cooling
Central Individual
Flooring
Other, Vinyl Floor
For Lease
No
Heating
Central Individual
Exterior
Construction
C B S
Roof
Comp Shingle
% Air Conditioned
100.00
Financial
Utilities
Electric
See this Listing
Jimmy has been helping buyers and sellers find their dream homes since 2009. With over 1,000 properties sold and hundreds of happy clients, Jimmy is the first and only realtor you should contact if you are in Palm Beach, Broward or Miami Dade county.
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Listing courtesy of Korman Realty LLC, (954)–598–3277
© 2022 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2022-08-12.
© 2022 Beaches Multiple Listing Service BMLS. Information deemed reliable, but not guaranteed. This site was last updated 2022-08-12.
1850 Palm Trail
Delray Beach, FL