1601 Ne 3rd Avenue, Delray Beach, FL 33444

$2,100,000

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List Price
$2,100,000
MLS#
B26069794
Status
ACTIVE WITH CONTRACT
Type
Commercial

Property Description

Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.

Additional Information

Days on Market
11
Tax Amount
$11,290
Water Access
Building Only, Business And Building
Parcel Number
12434609190001081
Directions
Head E on Woolbright Rd from I95. Head S on Seacrest Blvd. Seacrest turns into NE 2nd. You will turn E onto NE 16th St and the building will be at the end of the street in front of you off of NE 3rd ave.
Address
1601 Ne 3rd Avenue, Delray Beach
Year Built
1974

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Listing Courtesy of Century 21 Realty Professionals, Contact: