House in Delray Beach, Florida 2 bedrooms, 53.88 sq.m. № 1972082

House in Delray Beach, Florida 2 bedrooms, 53.88 sq.m. № 1972082
ID1972082 $ 339 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
1972082

Property description

Prime East Delray Beach Opportunity Zone Lot — Redevelop, Invest, or Live in the Heart of It All! Discover an exceptional 7,000 SF developable Opportunity Zone property with direct access to and less than 2 blocks from vibrant Atlantic Avenue in the heart of East Delray Beach. This rare offering comprises of a charming 2 bedroom 1 bathroom single-family home rented at $2,200/month within walking distance of Bustling Downtown Delray, Eclectic Pineapple Grove Arts District, iconic Beachwalk on Ocean Blvd, award-winning restaurants, and great nightlife. With unbeatable access via Atlantic Ave, Ocean Blvd, and I-95, this location connects effortlessly to major job centers, great schools, and world-class entertainment—making it ideal for both investors and end-users. A Visionary Buyer can redevelop into a stunning new home or hold long-term as a land bank strategy while benefiting from Opportunity Zone tax incentives or even make it your affordable starter home without compromising on location, convenience, or flexibility.
As a Qualified Opportunity Zone site, buyers can potentially access significant federal capital gains tax benefits, making this an even more powerful long-term investment. Whether you're a developer, investor, or a family seeking an affordable centrally located home, This deal stands out as a rare blend of location, potential, and upside This Value-Add Deal makes a lot of sense if an experienced investor is able to add a second home on the parcel
MLS #: A11918799
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CityDelray Beach
Address218 SW 11th Ave, Delray Beach FL 33444
TypeHouse
Bedrooms2
Living space53.88 m²
  • sq. ft
Completion dateIV quarter, 1955
Parking places2
Parking typeOpen air
Price
  • Price
  • per m²
$ 339 000
  • EUR €
  • USD $
  • RUB ₽
  • GBP £
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