Commercial property in Delray Beach, Florida № 1179021

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Commercial property in Delray Beach, Florida № 1179021
ID1179021 $ 4 950 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £

Property description

Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals.
MLS #: A11419554
Delray Beach - Statistics
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ParametersDelray 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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ParametersDelray Beach
Crime Index26.42
Traffic Commute Time Index11.50
Property Price to Income Ratio3.33
Safety Index73.58
Traffic CO₂ Index3059.00
Traffic Inefficiency Index29.80
Rent Index62.29
Traffic Index75.66
Pollution Index1.72
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ParametersDelray 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-Rate6.66
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.
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CityDelray Beach
Address351 NE 7th Ave, Delray Beach FL 33483
TypeCommercial property
Completion dateIV quarter, 1954
Parking places9
Price
  • Price
  • per m²
$ 4 950 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £