306 NE 2nd St - Office/Residential FOR SALE


Delray Beach, FL 33483
$8,200,000 USD
561-324-4577
306 NE 2nd St, Delray Beach, FL for Sale
$8,200,000 USD
Office/Residential - FOR SALE
1/4
null | Request Cap Rate

306 NE 2nd St
Delray Beach, FL 33483


HIGHLIGHTS

  • Median Household Income of $91,597 within 1 mile radius
  • Only a 7 minute drive for Delray Beach Commuter Rail
  • 10,825 Traffic Volume on NE 6th Ave & NE 2nd St S

OVERVIEW

An exceptional opportunity awaits with this prime redevelopment project, located in the vibrant city of Delray Beach. Situated on a spacious 0.86-acre lot, this property presents a proposed mixed-use project currently under review, offering a blend of commercial and residential potential. Ideal for investors, developers, or visionaries looking to capitalize on the burgeoning real estate market in Delray Beach. The property offers convenient access to major thoroughfares, amenities, and attractions, ensuring ease of transportation and connectivity.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$1,116 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Santa Fe Suites

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Office/Residential

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1948

SPRINKLERS

-

PARKING SPACES

62

LAND DETAILS

LAND ACRES

0.86 AC

LAND SF

37,462 SF

ZONING

CBD

APN/PARCEL ID

12-43-46-16-01-090-0250

ASK ABOUT THIS PROPERTY

Jon KinsmanVan Arnem PropertiesMore Info
561-324-4577

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Jon KinsmanVan Arnem PropertiesMore Info
561-324-4577

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.