Price Reduced 11.14%
Price History
$3,995,000
5/27/2025
$3,550,000
2/16/2026
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
Status:
Active
Type:
Commercial
Units:
9
Zoning:
RM (city
Garage:
Common
Heating:
Central, Electric
Cooling:
Central Air
Parking:
9-car
Est. Taxes:
$26,010
Construction
Block
Days on Market:
264
MLS #:
A11810309
Community Info
School Info
Listing courtesy of Blue Water RE LLC 954-243-8894