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Income/MultiFamily - Delray Beach Apartments for Sale

351 BRICKELL BAY DR, DELRAY BEACH, FL 33483

Asking Price$4,400,000 Change Price$50,000

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  • Days on market:

    271 day(s)
  • Original Price:

    $4,950,000
  • Tax Legal Description:

    HIGHLAND PARK DELRAY LTS 27 & 28 BLK 121
  • Property Type:

    Income/MultiFamily
  • Parking:

    Common
  • Inclusions:

    Building & Land,Fixtures,Furniture, Furniture/Fixtures
  • Construction Type:

    Sheet Rock
  • Roof:

    Shingle
  • Cooling Description:

    Central Building A/C
  • Heating Description:

    Central Electric
  • Floor Description:

    Tile
  • Special Listing Conditions:

    Sale
  • Lot Features:

    Corner LotIn Residential Area

Description

$4,400,000

Fully renovated apartment complex located in prestigious delray beach. this complex consists of two buildings with nine rental units. all units are fully leased under a master lease. the owner pays property tax and insurance. renovation included new roof, hurricane impact doors and windows. all new plumbing, new hvac systems, new electrical panels and appliances. new pool with paver hardscape and landscaping. resurfaced parking lot. this is an excellent opportunity that you don't want to miss. located minutes from downtown delray, within the free delray beach ride share, and walking distance to supermarket and drug store. investors can purchase a fully leased apartment complex with excellent tenant. master lease tenant is operating with a hotel license for short term rentals.
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