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2503 Oceanview Avenue E

Delray Beach, FL 33444
  • $1,400,000
  • STATUS: Active
  • ON SITE: 185 Days
  • ID#: RX-10709512
UPDATED: 22 min ago
$1,400,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,610
    SQFT
  • $536
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

Project update renovations are set to be completed September 2021 property will be turnkey completed to rent annually or launch short term rental for upcoming season. Opportunity to own a property with one single family home, and a triplex all in one. Located in East Delray Beach, Minutes to Atlantic Avenue, and the Beach! 1 stand-alone unit & 1 Triplex Total number of units - 4 1 Triplex - (3) 1 bedroom/ 1 bath units 1 stand-alone unit - 2 Bedroom/1 bath Parking on site Each unit in the Triplex is 600 SqFt The stand-alone unit is 810 SqFt All units are vacant, and owner is in the final stages of the renovations featuring new roof, Impact windows, doors, updated electrical, and plumbing. Great opportunity, and location

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www.thefabbrigroup.com/homes/116286527
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2503 Oceanview Avenue E Delray Beach, FL 33444

  • Price: $1,400,000
  • Status: Active
  • Updated: 22 min ago
  • ID#: RX-10709512
0
Beds
0
Baths
0
½ Baths
0.2
Acres
2,610
SQFT
$536
$/SQFT
1961
Built
Neighborhood:
None
County:
Palm Beach
Area:
Delray Beach
Property Description
Project update renovations are set to be completed September 2021 property will be turnkey completed to rent annually or launch short term rental for upcoming season. Opportunity to own a property with one single family home, and a triplex all in one. Located in East Delray Beach, Minutes to Atlantic Avenue, and the Beach! 1 stand-alone unit & 1 Triplex Total number of units - 4 1 Triplex - (3) 1 bedroom/ 1 bath units 1 stand-alone unit - 2 Bedroom/1 bath Parking on site Each unit in the Triplex is 600 SqFt The stand-alone unit is 810 SqFt All units are vacant, and owner is in the final stages of the renovations featuring new roof, Impact windows, doors, updated electrical, and plumbing. Great opportunity, and location
Exterior Features

Carport Spaces 8.00 Construction Concrete Exterior Features Auto SprinklerNoneRoom For Pool Lot Description < 1/4 Acre Private Pool YN No Roof Other Unit1 Parking NoneSpace Parking Unit2 Parking Open ParkingSpace Parking Unit3 Parking Open ParkingSpace Parking Unit4 Parking Open ParkingSpace Parking View Other Waterfront Description None Waterfront YN No

Interior Features

Cooling Central Individual Flooring Concrete Heating Central Individual Unit1 Bedrooms 1 Unit1 Desc A/C UnitDisposalElectric MeterKitchen Unit1 Full Baths 1 Unit1 Furnished No Unit1 Sq Ft 600 Unit2 Bedrooms 1 Unit2 Desc A/C UnitElectric Meter Unit2 Full Baths 1 Unit2 Furnished No Unit2 Sq Ft 600 Unit3 Bedrooms 1 Unit3 Desc A/C UnitMicrowaveRange - ElectricRefrigerator Unit3 Full Baths 1 Unit3 Sq Ft 600 Unit4 Bedrooms 2 Unit4 Desc A/C UnitRange - ElectricRefrigeratorUtility Unit4 Full Baths 1 Unit4 Sq Ft 810 Window Treatments Impact Glass

Property Features

Annual Net Operating Income 82800.00 Annual Total Expenses 10500.00 Available Info Equipment ListInvestment Analysis Built Desc Under Construction Gross Operating Income 93300.00 Homeowners Association None HOPA No Hopa List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Maintenance Fee Includes NoneOther Multifamily Type Quad Plex REO No Restrictions Buyer Approval Separate Electric Meters Yes Separate Water Meters Yes Short Sale No Short Sale Addendum No Short Sale AU N/A Source Of Expenses OtherOwnerProforma Special Assessment No Special Info Sold As-Is Sq Ft Total 2654.00 Subdivision Amenities None Tax Amount 7742.32 Tax Year 2020 Taxes Other Exemption Tenant Pays CableElectricSewerSewerWater Terms Considered CashConventionalOther Unit1 Monthly Income 1675.00 Unit2 Monthly Income 1675.00 Unit3 Monthly Income 1675.00 Unit4 Monthly Income 2750.00 Utilities ElectricPublic SewerPublic Water Zoning Rm(Cit

Listing provided courtesy of United Realty Group Inc. Listing information © 2021 BeachesMLS
 
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