342 NE 3rd Avenue, Delray Beach, FL 33444 (MLS# RX-11013462)

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342 NE 3rd Avenue, Delray Beach, FL 33444

$3,500,000
Property Type: Comm/Industry Baths: 6 Square Footage: 3,067 Status: Active
Current Price: $3,500,000 Last Modified: 9/27/2024

Description

Artist Alley Property Zoned Central Business District (CBD) - Railroad Corridor. Zoning Allows Office, Retail, Restaurant Space, Mixed-Use up to 48' in Height. 5,453 +/- SF Building w/2 Overhead Doors on a 10,167 +/- SF Lot. Adjacent to 2 City Parking lots, Frontage on NE 3rd Avenue & Alley Access. Property located in Pineapple Grove.

More Information MLS# RX-11013462

Contract Information

Status: Active Original List Price: 3500000 Auction: No List Price: $3,500,000 Current Price: $3,500,000 List Price/Bldg SqFt: 1141.18 Listing Date: 2024-08-16

General Property Description

Type: MultiFamily (5+ Units) For Sale: Yes For Lease: No Property Desc: MIXED-USE Subdivision: DELRAY TOWN OF Year Built: 1946 SqFt - Living: 3067 SqFt Source: Tax Rolls # of Stories: 1 Total Units: 6 Baths - Total: 6 Acres: 0.23 % Air Conditioned: 100

Location Tax Legal

Area: 4360 County: Palm Beach Parcel ID: 12434616010810200 Street #: 342 Street Dir: NE Street Name: 3rd Street Suffix: Avenue Zip Code: 33444 Legal Desc: TOWN OF DELRAY LT 20 & S 1/2 OF LT 21 BLK 81 Geo Lat: 26.467984 Geo Lon: -80.070484

Building Info

# of Tenants: 6

Monetary Info

Net Oper Income: 97631.3 Source of Expenses: Owner

Expenses

Total Expenses: 72437.14

Unit 1

Unit Desc: 2 Bedroom Full Baths: 1

Unit 2

Unit Desc: 1 Bedroom Full Baths: 1

Unit 3

Unit Desc: 1 Bedroom

Unit 4

Unit Desc: 1 Bedroom Full Baths: 1

Unit 5

Unit Desc: 1 Bedroom Full Baths: 1

Unit 6

Unit Desc: 1 Bedroom Full Baths: 1

Property Features

Unit 1: Furnished Unit 2: Furnished Unit 3: Furnished Unit 4: Furnished Unit 6: Furnished Use: Income Type of Building: Income; Resident. Multi-Fam. Sale Includes: Building and Land Avail Docs: Aerial Flooring: Ceramic Tile Cooling: Electric Heating: Electric Fire Protect: Smoke Alarm Tenant Pays: Cable; Electric Utilities: Electric; Public Sewer; Public Water Roof: Other Terms Considered: Cash; Conventional Lease: Annual Possession: At Closing
Listing Office: Compass Florida LLC
Last Updated: September - 27 - 2024
342 NE 3rd Avenue, Delray Beach, FL 33444- MLS# RX-11013462
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