1601 NE 3RD Avenue, Delray Beach, FL Not Provided
- $2,100,000
- List Price
- $2,100,000
- Status
- ACTIVE UNDER CONTRACT
- Days on Market
- 11
- MLS#
- B26069794
- Subtype
- Commercial Sale
- Year Built
- 1974
- Acres
- 0.29
- Neighborhood
- PB06
- MLS Area Major
- 4360
Property Description
Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.
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Additional Information
- Taxes
- $11,290
- Heating
- Central, Electric
- Air Conditioning
- Central Air, Electric
- Exterior Construction
- Block
- Stories
- 2
- Levels
- Two
- Roof
- Composition
Listing courtesy of Century 21 Realty Professionals. Contact:
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Agent: Abbey Adair | Email: abbeyeadair@gmail.com