Price
$ 1,488,000
$ est. monthly payment
1211 NE 8th Avenue #1,2,3,4,5,6,7,8, Delray Beach, FL 33483  
  • 3,022 sqft

1211 NE 8th Avenue #1,2,3,4,5,6,7,8, Delray Beach, FL 33483  

In the heart of booming Delray this fully rented and renovated 8 unit building is ready and waiting for you to take it to the next level! 100% occupancy since the current owner bought the property in 2013. This building features four efficiencies and four 1 bedroom units, on site coin operated tenant laundry facility and also has a brand new roof. Located a half mile from downtown Delray and less than a mile to the beach! An already strong rental could be even stronger in comparison to the vacation rentals in the area who charge up to 3 times more based on monthly rentals. This turnkey operation is ready for a new owner. Additionally preliminary 2019 tax records also shows the land alone is worth close to a million dollars.Owner would consider some financing.

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  • Listing Type Multi-Family
  • Listing ID RX-10523981
  • House Size 3,022 sqft
  • Lot Size 8,923.00 sqft
  • Listing Status Active
  • Year Built 1955
  • County Palm Beach
  • Subdivision Kenmont
  • Floors 1.0
  • Units 8
  • Zoning RL(cit
  • Taxes 15044.0
  • TaxID 12434609080010130
  • TaxYear 2018
Listing courtesy of Fernando Corona, Multiple Listing Solutions

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    *This option is for a conforming mortgage. For amounts exceeding $484,350, you may need a jumbo mortgage.

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additional info
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Price History

Date Listed at or
8/20/2019 $1,488,000 $2,000
5/10/2019 $1,490,000 $65,000
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