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

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

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.
  • StatusPending
  • Tax Amount$15044 / 2018

Community Information

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

Date Details Change
Status Changed from Active to Pending
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
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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 November 18th, 2019 at 6:00am EST.