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Key Details
Sold Price $980,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,964 sqft
Price per Sqft $498
Subdivision Plumosa Park Sec A B & D
MLS Listing ID F10329564
Sold Date 06/23/22
Style Duplex
Construction Status Resale
HOA Y/N No
Year Built 1966
Annual Tax Amount $7,142
Tax Year 2021
Property Description
Excellent Investment Opportunity in East Delray Beach! Located Minutes to the Beach and Downtown Atlantic Ave. in one of the hottest areas on the rise. Both 3 Bedroom, 2 Bathroom Units have been updated with impact windows, wood floors throughout, New Kitchens/Appliances. New AC. This Property is being sold as a turn-key rental property with all furnishings! Rental Income will vary depending on how the new owners decides to operate. On an annual basis gross revenue for both units is approx. $84,000. As a short term vacation rental it has the ability to Gross over $10k per month. Huge Backyard with room to build resort amenities is the value add and will help to generate increased leased rates.
Location
State FL
County Palm Beach County
Area Palm Beach 4220A; 4230B; 4360A; 4370B
Zoning R-1-A
Interior
Heating Central Heat
Cooling Ceiling Fans, Central Cooling
Flooring Wood Floors
Exterior
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description Less Than 1/4 Acre Lot, Oversized Lot, West Of Us 1
Story 1.0000
Foundation Cbs Construction
Sewer Municipal Sewer
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash, Conventional, Cryptocurrency
Listing Terms Cash, Conventional, Cryptocurrency
Special Listing Condition As Is
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Bought with Coldwell Banker Realty