306 NE 2nd Street, Delray Beach, FL 33483
$8,100,000
Property Type:
Comm/Industry
Baths:
3
Square Footage:
6,011
Status:
Active
Current Price:
$8,100,000
Last Modified:
6/14/2023
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.
More Information MLS# RX-10721769
Contract Information
Status: Active
Original List Price: 4900000
Auction: No
List Price: $8,100,000
Current Price: $8,100,000
List Price/Bldg SqFt: 1347.52
Listing Date: 2021-06-05
Comm/Non-Rep: 2.5%
Comm/Buyer Agent: 2.5%
Comm/Trans Brk: 2.5%
General Property Description
Type: Industrial
For Sale: Yes
For Lease: No
Property Desc: DELRAY TOWN OF
Subdivision: DELRAY TOWN OF
Year Built: 1948
Built Desc: Resale
SqFt - Living: 6011
SqFt Source: Floor Plan
# of Stories: 2
Total Units: 22
Baths - Total: 3
Acres: 0.86
% Air Conditioned: 100
Waterfront: No
Location, Tax & Legal
Area: 4460
Geo Area: PB06
County: Palm Beach
Parcel ID: 12434616010900250
Street #: 306
Street Dir: NE
Street Name: 2nd
Street Suffix: Street
State/Province: FL
Zip Code: 33483
Multiple Ofrs Acptd: Yes
Zoning: CBD
Legal Desc: DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
Tax Year: 2020
Real Estate Taxes: 42058
Geo Lat: 26.465065
Geo Lon: -80.069505
Remarks & Misc
Directions: Atlantic Avenue East to NE 4th Avenue. North to NE 2nd St. Property on South West Corner of NE 4th Ave and NE 2nd St.
Office/Member Info
DXORIGMLNO: RX-10721769
DXORIGMLSID: RML
Building Info
# of Offices: 22
Property Features
Use: Income; Professional Office
Type of Building: Commercial; Income; Office Space
Sale Includes: Building and Land
Avail Docs: Appraisal; Previous Title; Survey
Avail Info: Books & Records; Deed; Existing Survey
Flooring: Tile; Laminate
Cooling: Central
Heating: Central
Fire Protect: Smoke Alarm; Smoke Detector; Sprinkler
Tenant Pays: None
Utilities: Electric; Public Water; Water Available
Roof: Tar/Gravel
Terms Considered: Cash
Lease: None
Possession: At Closing
Listing Office: Van Arnem Properties Inc.
Last Updated: June - 14 - 2023
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