Property Description

Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don’t want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.

Features
: Central Electric
: Central Building A/c
: Fenced
: 9
: Pool, Laundry Facilities
: 100 Amp Service
: Tile
: Corner Lot, In Residential Area
: Common
: Shingle
: Security System, Security Fence
: Public Sanitation
Address Map
FL
Palm Beach County
Delray Beach
33483
351 NE 7th Ave
Delray Beach Apartments
0
W81° 56' 2.8''
N26° 28' 8.7''
From I-95 proceed east on W Atlantic Ave, make left on NE 6th Ave (North ) to NE 4th Ave, make right and property on right two blocks. Corner of NE 7th Ave and NE 4th Street
MLS Addon
: Sheet Rock
271
: Furniture/fixtures, Building & Land, Furniture, Fixtures
: New Construction
: City Street
: Sale
1
: Free Standing
$26,010
: Public
RM (city

Commercial Sale For Sale

351 NE 7th Ave, Delray Beach, Florida 33483

14,566 Sqft
$4,400,000
Listing ID #A11419554
Basic Details
Property Type : Commercial Sale
Property SubType : Income/multifamily
Listing Type : For Sale
Listing ID : A11419554
Price : $4,400,000
Year Built : 1954
Lot Area : 14,566 Sqft
Building Area : 4,786 Sqft
Status : Active
Agent info
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