1601 NE 3RD Avenue, Delray Beach, FL Not Provided

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List Price
$2,100,000
Days on Market
11
MLS#
B26069794
Year Built
1974
Acres
0.29
MLS Area Major
4360

Property Description

Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.

Additional Information

Taxes
$11,290
Zoning
R-1-A (city)
Utilities
Cable Available, Electricity Connected, Sewer Connected
Heating
Central, Electric
Air Conditioning
Central Air, Electric
Exterior Construction
CBS (Concrete Block Structure), Block
Roof
Composition

Listing courtesy of Century 21 Realty Professionals. Contact:

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