Sold

226 - 218 NE 5th Terrace

Delray Beach FL, 33483

$2,030,000


$1,612.39 per sqft

Sold

1,259 sqft

Residential

Built in 1961

'Now's your chance, turnkey won't last!!'', Short-Term, or Long Term Rental Location! 2 buildings on double lot, total property Square feet 17,396 | Excellent location 5 blocks north of Atlantic Ave, 2 blocks north of Pineapple Grove in the Del Ida Park Historic District. Great for seasonal rentals or Bed & Breakfasts or Airbnb. All units occupied m/m leases. Property has 8 parking spaces and large courtyard with tons of opportunities for the proper investor or developer. Each home has split electric meters. Income figures based on current short-term rentals, and vacation booking rentals at present time. Sold fully furnished.

R10805618

MLS ID

June 1, 2022

Listed

February 16, 2024

Updated

Map

226 - 218 NE 5th Terrace
Delray Beach FL, 33483

Interior Features

Total Stories

1


Floor Description

Tile


Fireplace

No


Cooling

Yes


Cooling Description

Wall/Window Unit(s), Zoned


Heating

Yes


Heating Description

Other, Zoned

Exterior/Building Features

Lot Size

0.19 Acres


Exterior Features

Balcony, Enclosed Porch, Fence, Fruit Trees, Porch, Patio, Room For Pool, Shed


Roof

Composition, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

4360


Taxes

$7,141


Tax Frequency

Annually


Days on Market

94


Association Fee Frequency

Monthly


Garage

No


View

Yes


View Description

Garden


County

Palm Beach County


Water Source

Public, Well


Pool

Yes


Pool Features

None


Buyer Agency Compensation

2.5%

Listing History

Date

Event

Price

11/10/2023

Sold

$2,030,000

Listed by Devuyo Frantz Marcelin, with United Realty Group Inc
Listing Contact: (954) 600-0844 

All listings featuring the BMLS logo are provided by Association of Palm Beaches. This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by MLS.

©2024 Association of Palm Beaches. All rights reserved. 

Data last updated 4:40 AM UTC, 2/16/2024

 

Powered byLuxury Presence