Commercial property in Delray Beach, Florida № 856088
10
ID856088
$ 5 500 000
- EUR €
- USD $
- RUB ₽
- GBP £
Property description
Spectacular investment opportunity in the very desirable Downtown Delray market. Nestled in the prestigious neighborhood of Bankers Row. Indulge in a world of leisure and recreation just steps from their doorstep. Multifamily duplex investment opportunity with substantial income producing property. Prime & desirable location upcoming neighborhood, close to amenities, public transportation, schools, and business districts. Excellent Investment Opportunity the units have potential as a profitable investment, high occupancy rate, strong rental demand & potential for rent increases, opportunity for value appreciation, these units can convert into short-term rentals, co-living spaces, or mixed-use development. This is a value-add opportunity for buyersMLS #: R10938293
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 | $ 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 |
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| Parameters | Delray Beach |
|---|---|
| Crime Index | 31.54 |
| Traffic Commute Time Index | 11.50 |
| Property Price to Income Ratio | 2.76 |
| Safety Index | 68.46 |
| Traffic CO₂ Index | 3059.00 |
| Traffic Inefficiency Index | 29.80 |
| Rent Index | 80.69 |
| 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 | $ 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) | $ 5.22 |
| Local Cheese (1kg) | $ 19.50 |
| Water (1.5 liter bottle) | $ 2.50 |
| Bottle of Wine (Mid-Range) | $ 13.00 |
| 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) | $ 13.66 |
| 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-Rate | 6.57 |
| 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
CityDelray Beach
Address120 NE First Street All
TypeCommercial property
Completion dateIV quarter, 1926
Price
- Price
- per m²
$ 5 500 000
- EUR €
- USD $
- RUB ₽
- GBP £
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