161 SE 5th Avenue, Delray Beach161 SE 5th Avenue, Delray Beach, FL 33483
- $ 1,150,000
- Year build
- Multi Family
- Quad Plex
Prime real estate opportunity right in downtown Delray Beach and Atlantic Ave. Located directly on Federal Highway across from new 2 new hotels, retail, apartments, and iPic Movie Theater! Only 1 & 1/2 blocks from famous Atlantic Avenue! One story building, 4 units in total. The total monthly gross income is $5,300/mo. Already partially updated. Beautiful courtyard next to the building! Plenty of parking in front and rear, coin-operated laundry on site. Back alley for parking, and trash. One water meter for the entire building. Can be sold together or separate from building next door, 173 SE 5th Ave (5 units). In the heart of the new development area, Best Zoning CBD allows Hotels, Apts, Condo & Retail. Don't miss out on this rare opportunity to own a piece of Downtown Delray Beach.
Listing Courtesy of Posh Properties