Commercial property in Delray Beach, Florida № 1096423
16
ID1096423
$ 4 750 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
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,MLS #: R10974117
Delray Beach - Statistics
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| Parameters | Delray Beach |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 2 733.33 |
| Apartment (1 bedroom) Outside of Centre | $ 1 675.00 |
| Apartment (3 bedrooms) in City Centre | $ 4 600.00 |
| Apartment (3 bedrooms) Outside of Centre | $ 3 937.50 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 3 336.81 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 2 378.82 |
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| Parameters | Delray Beach |
|---|---|
| Crime Index | 26.42 |
| Traffic Commute Time Index | 11.50 |
| Property Price to Income Ratio | 3.33 |
| Safety Index | 73.58 |
| Traffic CO₂ Index | 3059.00 |
| Traffic Inefficiency Index | 29.80 |
| Rent Index | 62.29 |
| Traffic Index | 75.66 |
| Pollution Index | 1.72 |
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| Parameters | Delray Beach |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 18.00 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 85.00 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 10.00 |
| Domestic Beer (0.5 liter draught) | $ 7.00 |
| Imported Beer (0.33 liter bottle) | $ 9.00 |
| Coke/Pepsi (0.33 liter bottle) | $ 3.23 |
| Water (0.33 liter bottle) | $ 2.50 |
| Cappuccino (regular) | $ 5.32 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.11 |
| Loaf of Fresh White Bread (500g) | $ 3.83 |
| Eggs (regular) (12) | $ 4.14 |
| Local Cheese (1kg) | $ 15.15 |
| Water (1.5 liter bottle) | $ 1.88 |
| Bottle of Wine (Mid-Range) | $ 15.00 |
| Domestic Beer (0.5 liter bottle) | $ 1.99 |
| Imported Beer (0.33 liter bottle) | $ 2.63 |
| Cigarettes 20 Pack (Marlboro) | $ 8.00 |
| Apples (1kg) | $ 5.75 |
| Chicken Fillets (1kg) | $ 12.82 |
| Oranges (1kg) | $ 6.39 |
| Potato (1kg) | $ 2.30 |
| Lettuce (1 head) | $ 2.56 |
| Rice (white), (1kg) | $ 5.40 |
| Tomato (1kg) | $ 5.34 |
| Banana (1kg) | $ 1.88 |
| Onion (1kg) | $ 3.34 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 17.92 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 6.00 |
| Monthly Pass (Regular Price) | $ 25.00 |
| Gasoline (1 liter) | $ 0.91 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 35 000.00 |
| Taxi Start (Normal Tariff) | $ 4.00 |
| Taxi 1km (Normal Tariff) | $ 1.30 |
| Taxi 1hour Waiting (Normal Tariff) | $ 24.00 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 26 054.25 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 171.50 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 67.00 |
| $ 50.33 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 4 293.75 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 6.66 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 50.00 |
| Tennis Court Rent (1 Hour on Weekend) | $ 15.00 |
| Cinema, International Release, 1 Seat | $ 15.00 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 51.94 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 32.50 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 85.53 |
| 1 Pair of Men Leather Business Shoes | $ 122.00 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 1 100.00 |
| International Primary School, Yearly for 1 Child | $ 25 250.00 |
Data are provided by Numbeo.com and are based on its users survey. Florida.realestate can not guarantee the validity of these data.
Contact the seller
CityDelray Beach
Address238 SE 1st Avenue
TypeCommercial property
Completion dateIV quarter, 1972
Price
- Price
- per m²
$ 4 750 000
- EUR €
- USD $
- RUB ₽
- GBP £
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