MLS#: A11419554

$4,400,000 USD

Listed By Blue Water RE LLC

The Commercial Property for Sale located at Delray Beach, Florida is currently for sale. Delray Beach, Florida is listed for $4,400,000. This property has Total Parking features. If the property located at Delray Beach, Florida isn't what you're looking for, visit https://www.miamimasterpiece.com to see other Commercial Properties for Sale in Delray Beach .

Date Updated : Jul 17, 2024

The details

Property features

Key features

  • Total Parking

Construction details

  • Year built: 1954
  • Building condition: New Construction
  • Roofing: shingle

Other features

  • Cooling system: Central AC

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.

Location

Delray Beach, Florida
Courtesy of Cody Tremblay Blue Water RE LLC