FL > Delray Beach > Del Ida Park
Delray Beach, FL 33483,226 - 218 NE 5th Terrace
Delray Beach, FL 33483,226 - 218 NE 5th Terrace
Delray Beach, FL 33483,226 - 218 NE 5th Terrace
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$2,700,000
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2,923 SqFt
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226 - 218 NE 5th Terrace Delray Beach, FL 33483

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Valbona Gjoligaj

Valbona Gjoligaj

+1(347) 217-0374

UPDATED:

11/20/2024 08:13 PM

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,923 sqft

Price per Sqft $923

Subdivision Del Ida Park

MLS Listing ID F10471271

Style Duplex

Construction Status Resale

HOA Y/N Yes

Year Built 1961

Annual Tax Amount $10,637

Tax Year 2021

Property Description

Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income. Don’t miss this opportunity!

(All future bookings can be transferred to new owner)

Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!

Location

State FL

County Palm Beach County

Area Palm Beach 4220A; 4230B; 4360A; 4370B

Zoning OSSHAD

Interior

Heating Other, Zoned Heat

Cooling Wall/Window Unit Cooling, Zoned Cooling

Flooring Tile Floors

Exterior

Exterior Feature Fence, Fruit Trees, Open Balcony, Open Porch, Patio, Room For Pool, Screened Porch

Waterfront No

Water Access N

Roof Type Comp Shingle Roof

Private Pool No

Building

Lot Description 1/4 To Less Than 1/2 Acre Lot

Story 1.0000

Foundation Concrete Block Construction

Sewer Municipal Sewer

Water Well Water

Construction Status Resale

Others

Pets Allowed No

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Special Listing Condition As Is, Survey Available

BeachesMLS Matrix (RAPB-F prefix)
Listed by Warehouse Realty

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Valbona Gjoligaj

Agent | License ID: SL3516934

+1(347) 217-0374

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226 - 218 NE 5th Terrace