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1211 Ne 8th Av, Delray Beach, FL – $1,488,000

  • $1.5M Price
  • 3,022 Sqft
  • ¼ Acres
  • 149 DOM
  • $1.5M Price
  • 3,022 Sqft
  • ¼ Acres
  • 149 DOM

1211 Ne 8th Av

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.

Essential Information

  • MLS® #RX-10523982
  • Price$1,488,000
  • Square Footage3,022
  • Acres0.25
  • Year Built1955
  • TypeCommercial
  • Sub-TypeIncome, Other
  • StyleResident. Multi-Fam.
  • StatusActive

Community Information

  • Address1211 Ne 8th Av
  • Area4220
  • SubdivisionKENMONT
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

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Amenities

  • WaterfrontNone

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water

Interior

  • HeatingOther
  • CoolingOther
  • # of Stories1

Appliances

Building and Land, Equipment, Fixtures

Exterior

  • Lot Description8-Unit Multi-Family
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • ZoningRL(cit

Listing Details

  • OfficeMultiple Listing Solutions

Price Change History for 1211 Ne 8th Av, Delray Beach, FL (MLS® #RX-10523982)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $1,490,000 to $1,488,000 $2,000 (0.13%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Show More (2)

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2019 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2019 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on September 19th, 2019 at 12:15am CDT.