Price Reduction
Address
226 - 218 NE 5th Terrace Delray Beach, FL
Price
$ 3,360,000
Property Attributes
  • MLS#RX-10763875
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4360
  • NeighborhoodDel Ida Park
  • Zip33483
  • StyleQuad Plex
  • Year Built1961
  • Taxes$ 10637
  • Price$ 3,360,000
  • Bedrooms6
  • Full Bathrooms4
  • Half Bathrooms0
  • Sqr Footage1259
  • Lot Size8,398 SqFt
Listing Provided Courtesy Of:
United Realty Group Inc
Data Source:
Beaches MLS
Property Description

AIRBNB, Short-Term, or Long Term Rental Location! 2 buildings on double lot, total property Square feet 17,396 | Excellent location 5 blocks north of Atlantic Ave, 2 blocks north of Pineapple Grove in the Del Ida Park Historic District. Great for seasonal rentals or Bed & Breakfasts or Airbnb. All units occupied m/m leases. Property has 8 parking spaces and large courtyard with tons of opportunities for the proper investor or developer. Each home has split electric meters,

Price History
12/10/2021 Listed $3,365,000
1/1/2022 1% - $3,360,000

General Features

Adult 55+ No Hopa
Area 4360
Auction No
Carport Spaces 8.00
Construction Block, Concrete
Cooling Wall-Win A/C, Zoned
Exterior Features Covered Patio, Fence, Fruit Tree(s), Open Balcony, Open Porch, Room for Pool, Screen Porch, Shed
Flooring Tile
Geo Area PB06
Geo Lat 26.471337
Geo Lon -80.070318
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Other, Zoned
Legal Description DEL IDA PARK LT 17 & E 20 FT OF LT 18 BLK 9 (DEL-IDA PARK HISTORIC DIST)
Maintenance Fee Incl None
Possession At Closing, Funding
Property Type B
REO No
Restrict Buyer Approval, Lease OK, None
Roof Comp Shingle
Short Sale No
Source Of Expenses Books, Other, Owner
Special Info Sold As-Is, Survey
Status Active
Stories 1.0
Subdivision DEL IDA PARK
Tax Year 2021
Taxes 10637.00
Tenant Pays Cable, Electric
Terms Considered Cash, Conventional, Exchange
Type Quad Plex
Utilities Cable, Electric, Gas Natural, Public Sewer, Public Water, Well Water
View Garden
Virtual Tour https://www.propertypanorama.com/226-218-NE-5th-Terrace-Delray-Beach-FL-33483/unbranded
Waterfront No
Waterfront None
Year Built 1961
Zoning OSSHAD

Interior Features

SqFt - Living 1259.00
Total # Of Units 2
Unit 1 Desc A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Range - Electric, Screened Porch, Washer
Unit 2 Desc A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, French Doors, Kitchen, Laundry, Microwave, Pantry, Range - Electric, Refrigerator, Screened Porch, Smoke Detector, Washer
Unit 3 Desc A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, Kitchen, Laundry, Microwave, Pantry, Range - Electric, Refrigerator, Screened Porch, Smoke Detector, Washer
Unit 4 Desc A/C Unit, Dishwasher, Disposal, Dryer, Electric Meter, French Doors, Kitchen, Laundry, Microwave, Pantry, Patio, Range - Electric, Refrigerator, Smoke Detector, Utility, Washer
Window Treatments Impact Glass

Exterior Features

Lot Description 1/2 to < 1 Acre
Lot Dimensions 145 ft x 240
Private Pool Y/N No
Subdiv Amenities None
Unit 1 Parking Space Parking
Unit 2 Parking Space Parking
Unit 3 Parking Space Parking
Unit 4 Parking Space Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Multi-Family Average in 33483

Price
AVG $2.3M
$3.36M
Taxes
AVG $15,027
$10,637
Visits
AVG 115
63
Year Built
AVG 1950
1961
Walkscore
AVG 64
75
Data Provided by Walkscore ® not using MLS data