306 NE 2nd Street

    Delray Beach, FL 33483
    • $4,475,000
    • STATUS: Active
    • ON SITE: 563 days
    • ID#: RX-10403041
    UPDATED: 24 min ago
    $4,475,000
    • 0
      BEDS
    • 0.86
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,011
      SQFT
    • $744
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1948
    County:
    Area:

    School Ratings & Info

    Description

    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.

    Monthly Payment Calculator


    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-08-23T07:02:31.407.
    www.myreynoldsteam.com/homes/80525274

    306 NE 2nd Street Delray Beach, FL 33483

    • Price: $4,475,000
    • Status: Active
    • Updated: 24 min ago
    • ID#: RX-10403041
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.86
    Acres
    6,011
    SQFT
    $744
    $/SQFT
    1948
    Built
    Neighborhood:
    Delray Town Of
    County:
    Palm Beach
    Area:
    Delray Beach
    Property Description
    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.
    Exterior Features

    Roof Tar/Gravel Waterfront YN No

    Interior Features

    Bath Toilets 3.00 Cooling Central Flooring LaminateTile Heating Central Offices 22 Percent Air Conditioned 100.00

    Property Features

    Available Docs AppraisalPrevious TitleSurvey Available Info Books & RecordsDeedExisting Survey Fire Protection Smoke AlarmSmoke DetectorSprinkler For Lease Yes For Sale Yes Lease None List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Possession At Closing Sale Includes Building And Land Tax Amount Real Estate Taxes 34787.00 Tax Year 2017 Tenant Pays None Terms Considered Cash Type Of Building CommercialIncomeOffice Space Use IncomeProfessional Office Utilities ElectricPublic WaterWater Available

    Listing provided courtesy of Van Arnem Properties Inc..

    © 2019 All rights reserved. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2019 Beaches Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated 2019-08-23T07:02:31.407.
     
    The Reynolds Team/Treasure Coast Sotheby's International Realty
    1401 Highway A1A # 300
    Vero Beach FL, 32963