1601 NE 3RD Avenue, Delray Beach, FL
Listing Snapshot
| List Price | $2,100,000 |
| Beds | 0 |
| Baths | 0 |
| Living Area | 0 sqft |
| Lot Size | 0.29 acres |
| Year Built | 1974 |
| Property Tax | $11,290.53/yr |
| HOA / Condo Fee | $0 |
| MLS # | 1188167952 |
| Status | Active |
About This Home
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.
General Features
- Property Type
- CommercialSale
- Sub-type
- MultiFamily
- Stories
- 2
- Parking Spaces
- 12
- Zoning
- R-1-A (city)
- Security
- None
- Utilities
- CableAvailable,ElectricityConnected,SewerConnected
Interior Features
- Heating
- Central,Electric
- Cooling
- CentralAir,Electric
Exterior Features
- Construction
- Block
- Roof
- Composition
- Lot Features
- QuarterToHalfAcreLot
Community Features
- Association Dues
- $0
- MLS Area
- 4360
Map
Virtual Tour
View Virtual TourMLS# 1188167952 · BEACH
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Estimate Your Payment
20% down · Loan: $1,680,000
Estimate only. Does not include insurance or PMI. Rate is illustrative — contact us for current rates.