Palm Beach, US
This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.
Courtesy Of: Van Arnem Properties Inc.
Feature Highlights
- Multiple Ofrs Acptd
Interior Features
- SqFt - Living:
- 6011.00
- Total Floors/Stories:
- 100.00
Exterior Features and Amenities
- Total Units in Bldg:
- 22
Financial
- Taxes:
- $42,058.00
- Tax Year:
- 2020
- List Price/SqFt:
- $1,289.30
Other Features
- Area:
- 4460
- Zoning:
- CBD
- Parcel ID:
- 12434616010900250
- Legal Desc:
- DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
- Geo Area:
- PB06
- Built Desc:
- Resale
- SqFt Source:
- Floor Plan
- Pets Allowed:
- No
Directions
Atlantic Avenue East to NE 4th Avenue. North to NE 2nd St. Property on South West Corner of NE 4th Ave and NE 2nd St.
