Address
173 SE 5th Avenue Delray Beach, FL
Price
$ 2,125,000
Property Attributes
  • MLS#RX-10576229
  • TypeMulti-Family
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4230
  • NeighborhoodDelray Town Of
  • Zip33483
  • StyleQuad Plex
  • Year Built1946
  • Taxes34451
  • Price$ 2,125,000
  • Bedrooms4
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage2858
Listing Provided Courtesy Of:
Posh Properties
Property Description

Prime real estate opportunity right in downtown Delray Beach and Atlantic Avenue! Property consists of Two buildings, 9 units total.(161/173 SE 5th) Total monthly gross income is $11,350/mo. Fully rented, updated kitchens, large one bedrooms and studios, tons of parking in front & back of building, & coin operated laundry. Back alley for parking, entry to building, and trash. Beautiful courtyard next to the buildings. Partial hurricane shutters. One water meter each building and separate electric meters for each unit. In the heart of new development near brand new hotel, retail and iPic movie theater! Don't miss out on this rare opportunity to own a piece of Delray Beach! 161 SE 5th Available for sale separately for $1.150,000. 173 SE 5th only sold as part of both buildings at $2,300,00

Price History
11/8/2019 Listed $1,150,000

General Features

Adult 55+ No Hopa
Area 4230
Auction No
Construction CBS
Flooring Carpet, Terrazzo Floor, Wood Floor
Geo Area PB06
Geo Lat 26.458481
Geo Lon -80.06769
HOA None
HOA/POA/COA (Monthly) 0.00
Legal Description TOWN OF DELRAY LT 8 (LESS W 10 FT RD R/W) BLK 110
Possession At Closing
Property Type B
REO No
Restrict Tenant Approval
Short Sale No
Source Of Expenses Other, Proforma
Special Info Sold As-Is
Status Active
Stories 2.0
Subdivision DELRAY TOWN OF
Tax Year 2017
Taxes 34451.00
Tenant Pays Cable, Electric
Terms Considered Cash
Type Quad Plex
Virtual Tour https://www.propertypanorama.com/173-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded
Year Built 1946
Zoning CBD(ci

Interior Features

Cooling Central, Wall-Win A/C
Heating No Heat
SqFt - Living 2858.00
Total # Of Units 9
Unit 1 Desc A/C Unit, Cathed/Vault Ceiling, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 2 Desc A/C Unit, Cathed/Vault Ceiling, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 3 Desc A/C Unit, Cathed/Vault Ceiling, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 4 Desc A/C Unit, Cathed/Vault Ceiling, Microwave, Range - Electric, Refrigerator
Utilities Cable, Electric, Public Sewer, Public Water
Window Treatments Hurricane Windows

Exterior Features

Carport Spaces 9.00
Exterior Features Fence, Open Patio, Open Porch
Lot Description < 1/4 Acre, 1/4 to 1/2 Acre, East of US-1, Interior Lot, Public Road, Sidewalks, Treed Lot
Lot Dimensions 61x125
Private Pool Y/N No
Roof Built-Up, Flat Tile, Tar/Gravel
Subdiv Amenities Common Laundry, Sidewalks
Unit 1 Parking Space Parking
Unit 2 Parking Space Parking
Unit 3 Parking Space Parking
Unit 4 Parking Space Parking
Waterfront None

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33483

Price
AVG $1.3M
$2.13M
Taxes
AVG $15,574
$34,451
Visits
AVG 352
176
Year Built
AVG 1960
1946
Walkscore
AVG 73
87
Data Provided by Walkscore ® not using MLS data

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