Commercial property in Delray Beach, Florida № 1096423

1
Commercial property in Delray Beach, Florida № 1096423
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

Features

Security
  • Alarm system
Equipment and Appliances
  • Air Conditioners

Indoor facilities

Equipment and Appliances
  • Heating system
Delray Beach - Statistics
Choose a city for comparison
Compare
ParametersDelray Beach
Rent Per Month
Apartment (1 bedroom) in City Centre$ 2 733.33
Apartment (1 bedroom) Outside of Centre$ 2 500.00
Apartment (3 bedrooms) in City Centre$ 6 350.00
Apartment (3 bedrooms) Outside of Centre$ 4 500.00
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
Choose a city for comparison
Compare
ParametersDelray Beach
Crime Index31.54
Traffic Commute Time Index11.50
Property Price to Income Ratio2.76
Safety Index68.46
Traffic CO₂ Index3059.00
Traffic Inefficiency Index29.80
Rent Index73.64
Traffic Index75.66
Pollution Index1.72
Choose a city for comparison
Compare
ParametersDelray Beach
Restaurants
Meal, Inexpensive Restaurant$ 18.00
Meal for 2 People, Mid-range Restaurant, Three-course$ 80.00
McMeal at McDonalds (or Equivalent Combo Meal)$ 10.00
Domestic Beer (0.5 liter draught)$ 6.00
Imported Beer (0.33 liter bottle)$ 8.50
Coke/Pepsi (0.33 liter bottle)$ 3.03
Water (0.33 liter bottle) $ 1.86
Cappuccino (regular)$ 6.14
Markets
Milk (regular), (1 liter)$ 1.11
Loaf of Fresh White Bread (500g)$ 4.15
Eggs (regular) (12)$ 4.78
Local Cheese (1kg)$ 19.50
Water (1.5 liter bottle)$ 2.50
Bottle of Wine (Mid-Range)$ 15.00
Domestic Beer (0.5 liter bottle)$ 1.73
Imported Beer (0.33 liter bottle)$ 3.25
Cigarettes 20 Pack (Marlboro)$ 8.00
Apples (1kg)$ 6.24
Chicken Fillets (1kg)$ 12.82
Oranges (1kg)$ 7.71
Potato (1kg)$ 2.20
Lettuce (1 head)$ 2.56
Rice (white), (1kg)$ 5.40
Tomato (1kg)$ 5.34
Banana (1kg)$ 1.66
Onion (1kg)$ 4.61
Beef Round (1kg) (or Equivalent Back Leg Red Meat)$ 22.05
Transportation
One-way Ticket (Local Transport)$ 6.00
Monthly Pass (Regular Price)$ 25.00
Gasoline (1 liter)$ 0.92
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)$ 36 050.00
Taxi Start (Normal Tariff)$ 4.50
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)$ 25 612.90
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment$ 167.01
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)$ 75.00
$ 43.00
Salaries And Financing
Average Monthly Net Salary (After Tax)$ 5 172.67
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate6.57
Sports And Leisure
Cinema, International Release, 1 Seat$ 15.00
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)$ 59.75
1 Summer Dress in a Chain Store (Zara, H&M, ...)$ 25.00
1 Pair of Nike Running Shoes (Mid-Range)$ 89.67
1 Pair of Men Leather Business Shoes$ 103.33
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child$ 840.00
International Primary School, Yearly for 1 Child$ 40 000.00
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
Contact me via
CityDelray Beach
Address238 SE 1st Avenue
TypeCommercial property
Completion dateIV quarter, 1972
Price
  • Price
  • per m²
$ 4 750 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £