226 - 218 NE 5th Terrace new Save Request In-Person Tour Request Virtual Tour
Delray Beach,FL 33483
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,259 sqft
Price per Sqft $2,144
Subdivision Del Ida Park
MLS Listing ID F10471271
Style Duplex
Construction Status Resale
HOA Y/N Yes
Year Built 1961
Annual Tax Amount $10,637
Tax Year 2021
Property Description
Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income. Don’t miss this opportunity!
(All future bookings can be transferred to new owner)
Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!
Location
State FL
County Palm Beach County
Area Palm Beach 4220A; 4230B; 4360A; 4370B
Zoning OSSHAD
Interior
Heating Other,Zoned Heat
Cooling Wall/Window Unit Cooling,Zoned Cooling
Flooring Tile Floors
Exterior
Exterior Feature Fence,Fruit Trees,Open Balcony,Open Porch,Patio,Room For Pool,Screened Porch
Waterfront No
Water Access N
Roof Type Comp Shingle Roof
Private Pool No
Building
Lot Description 1/4 To Less Than 1/2 Acre Lot
Story 1.0000
Foundation Concrete Block Construction
Sewer Municipal Sewer
Water Well Water
Construction Status Resale
Others
Pets Allowed No
Acceptable Financing Cash,Conventional,Exchange
Listing Terms Cash,Conventional,Exchange
Special Listing Condition As Is,Survey Available