607 NE 7th Ave - Apartments FOR SALE


Delray Beach, FL 33483
$1,850,000 USD
561-441-0967
607 NE 7th Ave, Delray Beach, FL for Sale
$1,850,000 USD
Apartments - FOR SALE
1/17
null | Request Cap Rate

607 NE 7th Ave
Delray Beach, FL 33483


HIGHLIGHTS

  • One-story, 4-unit building for sale with the option to redevelop into single-family home or 2 units or short-term rentals.
  • Well-maintained property with 7+/- parking spaces and a fenced lot, just a short distance from the beach and Atlantic Avenue.
  • 70' x 135' lot with a building size of 3,400 +/- SF, offering ample space for redevelopment or customization.
  • Endless possibilities for investors or homeowners seeking a beachside property with rental income potential.

OVERVIEW

*DO NOT DISTURB TENANTS! Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SF OPTION TO REDEVELOP into single family home or 2 Units or Short-Term Rentals. *No warranty or representation expressed or implied is made as to the accuracy of the information contained herein and same is subject to errors, omissions, change of price, rental or other conditions, withdrawal without notice, & to any special listing.

FOR SALE DETAILS

PRICE

$1,850,000 USD

PRICE/SF

$543 USD /SF

# OF UNITS

4

PRICE/UNIT

$462,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

607 Ne 7th Avenue

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

PARKING SPACES

7

LAND DETAILS

LAND ACRES

0.21 AC

LAND SF

9,148 SF

ZONING

RM-Medium Density Res.

APN/PARCEL ID

12-43-46-09-24-000-0621

ASK ABOUT THIS PROPERTY

Ingrid KennemerCoastal Commercial Group LLCMore Info
561-441-0967

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Ingrid KennemerCoastal Commercial Group LLCMore Info
561-441-0967

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