Property Description
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!
Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!
Features
: None
: Zoned, Other
: Wall/Window Unit(s), Zoned
: Patio, Balcony, Open, Porch, Screened
: Public Sewer
: Cable Available
: Impact Glass
: Patio, Balcony, Enclosed Porch, Fence, Room For Pool, Porch, Fruit Trees
: Tile
Address Map
US
FL
Palm Beach
Delray Beach
33483
5th Terrace
226 - 218
W81° 55' 47.4''
N26° 28' 16.9''
NE
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.
4360
Additional Information
Cable TV,Water
1
https://www.propertypanorama.com/226-218-NE-5th-Terrace-Delray-Beach-FL-33483--RX-10805618/unbranded
https://www.propertypanorama.com/226-218-NE-5th-Terrace-Delray-Beach-FL-33483/unbranded
: Well
: Non-Gated
: Block
: One
: 1/4 to 1/2 Acre Lot
4
2024-11-12
Financial
10637.0
Monthly
Listing Information
: Listed As-Is
2024-11-13T19:41:08Z
276575650
276729767
Cash,Conventional,1031 Exchange
Active
2024-11-14T06:45:47Z
FTL
Residential Income For Sale
226 - 218 Ne 5th Terrace, Delray Beach, Florida 33483
1,259
$2,700,000
Listing ID #F10471271
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : F10471271
Price : $2,700,000
Square Footage : 1,259
Year Built : 1961
Status : Active
Property Sub Type : Duplex
Roof : Composition, Shingle
Agent info
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