Delray Beach, FL 33483

$3,550,000

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List Price
$3,550,000
Status
ACTIVE UNDER CONTRACT
Days on Market
422
MLS#
A11810309
Subtype
Commercial Sale
New Construction
Yes
Acres
0.33
MLS Area Major
4220

Property Description

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

Additional Information

Amenities
Laundry Facilities, Pool
Taxes
$26,010
Flooring
Tile
Heating
Electric
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Roof
Shingle
Parking Features
Common

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Term of Loan
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Calculator source: Real Geeks

Listing courtesy of Blue Water RE LLC. Contact:

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Cody Tremblay | Email: Cody@bluewaterrellc.com