FL > Delray Beach > Linns
Delray Beach, FL 33483,341 SE 2nd AVE
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Olivia Bardinelli

Olivia Bardinelli

+1(561) 400-9657
Listed by Douglas Elliman
$ 3,150,000
Est. payment | /mo

7 Baths

4,960 SqFt

Save
$ 3,150,000
Est. payment | /mo
Save

7 Baths

4,960 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 4,960 sqft

Price per Sqft $635

Subdivision Linns

MLS Listing ID RX-11028670

Year Built 1957

Annual Tax Amount $17,610

Tax Year 2023

Lot Size 0.300 Acres

Property Description

Investor's dream! Double lot gem (13,260sqft) and multiple use zoning in the booming SofA District in East Delray, just blocks from Atlantic Avenue and the beach. Rare CBD-RC zoning allows both residential and commercial use. New owner can build up to five floors for mixed use space. Current zoning allows for 30 units/acre. 70 units/acre allowed provided that the project contains 20% workforce housing. Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a steady revenue stream (please do not disturb tenants).

Location

State FL

County Palm Beach

Area 4370

Zoning CBD-RC

Interior

Heating Electric

Cooling Central Individual, Electric

Flooring Concrete, Tile

Fireplaces Type Smoke Detector

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Roof Type Other

Building

Story 100.00

Foundation CBS

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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+1(561) 400-9657

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3200 N Military Trl, Ste. 110, Raton, FL, 33431

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341 SE 2nd AVE