238 Se 1st Av

$4,950,000, 7,486 Sqft .31 Acres

About This Property

10 unit, 2 story fully renovated (2004) apartment building in a very desirable location in Delray Beach, FL. Property has been gutted and renovated including new roof, new hurricane impact windows, all new HVAC units, cabinetry/countertops/appliances, flooring, lighting, bathrooms, closets and fans. Finishes are all upgraded to a coastal contemporary finish. Property is selling vacant to offer investor flexibility for either standard tenant leases or short-term Airbnb rentals or alternative uses. Delray Beach is a vibrant and sought-after location for both residents and tourists alike, making this property an excellent investment opportunity. This prime location in South Florida, known for its beautiful beaches, thriving dining and entertainment scene, and cultural attractions,makes it a highly desirable destination for tourists and a coveted spot for residents seeking the Florida lifestyle.

Essential Information

MLS® #RX-10974117
Price$4,950,000
Square Footage7,486
Acres0.31
Year Built1972
TypeCommercial
Sub-TypeOther
StyleResident. Multi-Fam.
StatusActive

Community Information

Address238 Se 1st Av
Area4370
SubdivisionDELRAY TOWN OF
CityDelray Beach
CountyPalm Beach
StateFL
Zip Code33444

Amenities

WaterfrontNone

Utilities

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

Interior

AppliancesBuilding and Land, Fixtures
HeatingCentral
# of Stories2

Cooling

Electric, Ceiling Fan, Central Individual

Exterior

Lot Description10 Unit Apmt Bldg
RoofBuilt-Up, Metal
ConstructionConcrete

Additional Information

ZoningRM-10

Listing Details

OfficeCommunity Realty Associates

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238 Se 1st Av, Delray Beach (MLS® #RX-10974117) Property History

Status Changed from Price Change to Active
Status Changed from New to Price Change
Price Increased from $4,750,000 to $4,950,000

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2024 BeachesMLS, Inc.

Listing information last updated on May 4th, 2024 at 1:45am CDT.

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