$525,000
Delray Beach, FL 33444
MLS# RX-10971241
Status: Active Under Contract
2088 sqft
1 / 21
Property Description
Income producing investment opportunity: duplex property featuring a 3-bedroom, 2-bathroom unit alongside a 2-bedroom, 1-bathroom unit. This property features a private parking lot and fenced-in backyard space. Currently, tenant occupied. Situated in an exceptional location near downtown Atlantic Ave, beaches, and I95, it presents an excellent investment opportunity.
Details
Maps
Contract Information
Listing Date: 2024-03-18
Status: Active Under Contract
Original List Price: 525000
Auction: No
List Price: $525,000
Current Price: $525,000
List Price/SqFt: 251.43
Comm/Non-Rep: 3%
Comm/Buyer Agent: 3%
Comm/Trans Brk: 3%
General Property Description
Type: Duplex
Structure Type: Duplex
Property Condition: Resale
Year Built: 1988
Number of Stories: 1
SqFt - Total: 2088
SqFt - Living: 2088
SqFt Source: Tax Rolls
Gated Community: No
Homeowners Assoc: None
Subdivision: ATLANTIC PARK GARDENS
Waterfront: No
Private Pool: No
Pets on Premises: No
Separate Elec Meters: Yes
Separate Wtr Meters: Yes
Location, Tax & Legal
Area: 4630
Geo Area: PB09
Country: United States
County: Palm Beach
Parcel ID: 12434617180030190
Street #: 126
Street Dir: SW
Street Name: 12th
Street Suffix: Avenue
State/Province: FL
Zip Code: 33444
Short Sale: No
Short Sale A/U: N/A
Short Sale Addendum: No
REO: No
HOPA: No Hopa
Legal Desc: ATLANTIC PARK GARDENS LT 19 BLK 3
Zoning: RM—RM-MULTIPLE
Tax Year: 2023
Taxes: 8575
Geo Lat: 26.458808
Geo Lon: -80.085593
Office/Member Info
DXORIGMLNO: RX-10971241
DXORIGMLSID: RML
Status Change Info
Under Contract Type: Active Under Contract
Under Contract Date: 2024-04-16
Unit 1 Info
Bedrooms: 2
Full Bath: 1
Furnished: No
SqFt: 800
Monthly Income: 1300
Unit 2 Info
Bedrooms: 3
Full Bath: 2
Furnished: No
SqFt: 1200
Monthly Income: 1200
Income & Expenses
Gross Operating Inc: 30000
Annual Total Expense: 8500
Annual Net Oper Inc: 21000
Property Features
Source of Expenses: Owner
Construction: Concrete
Waterfront Details: None
Unit 1 Desc: A/C Unit; Electric Meter
Unit 1 Parking: Space Parking
Unit 2 Desc: Electric Meter
Unit 2 Parking: Space Parking
Lot Description: West of US-1; 1/4 to 1/2 Acre; Private Road; Sidewalks
Exterior Features: Fence
Subdiv. Amenities: None
Tenant Pays: Cable; Electric; Water
Restrict: None
Flooring: Ceramic Tile
Cooling: Central
Heating: Electric
Roof: Comp Shingle
Terms Considered: Cash; Conventional
Utilities: Public Water
Storm Protection: None
Taxes: City/County
Avail Info: None
Possession: At Closing
Contingencies: Appraisal; Financing; Inspection; Insurance
Listing Office: Compass Florida, LLC
Last Updated: April - 25 - 2024
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Saturday 4th of May 2024 10:50 PM