Closed

Plumosa Park, 1619 NE 3rd Ave, Delray Beach, FL 33444

$980,000Price
1,964SqFt

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Details

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Status:
Sold - Jun 23, 2022
Size: 1,964 SqFt (182 m2)
Price: $499/SqFt ($5,371/m2)
Type: Multi Family
Built: 1966
MLS Number: F10329564
On Site: 1183 Days
Updated: 1119 Days ago
Page Views: 0
Excellent investment opportunity in east delray beach! Located minutes to the beach and downtown atlantic ave. In one of the hottest areas on the rise. Both 3 bedroom, 2 bathroom units have been updated with impact windows, wood floors throughout, new kitchens/appliances. New ac. This property is being sold as a turn-key rental property with all furnishings! Rental income will vary depending on how the new owners decides to operate. On an annual basis gross revenue for both units is approx. $84,000. As a short term vacation rental it has the ability to gross over $10k per month. Huge backyard with room to build resort amenities is the value add and will help to generate increased leased rates.
Features
Bedrooms
    Bathrooms
      Exterior and Lot Features
        Interior, Heating and Cooling
        • Heating Description: Central
        • Cooling Description: CentralAir, CeilingFans
        Building and Construction
        • Floor Description: Wood
        • Year Built: 1966
        • Year Built Description: Resale
        Waterfront and Water Access
        • Waterfront Frontage: No info
        School Information
          Other Property Info
          • Listing Date: 2022-05-06T12:18:17.723-00:00
          Taxes, Fees & More
          • Taxes: 7142
          • Total Units in Building: 2

          Price History

          07/08/2022

          Date

          Listed

          Event

          $980K

          Price

          $499 ft2 / $5,371 m2

          Price Per

          Price per square foot and days on website are not provided values and are calculated by Subdivisions.

          Listed by Tim SchirripaColdwell Banker Realty • Buyer Agency Compensation .

          Instant Comps

          $300/ft²
          $500/ft²
          $800/ft²
          $1,100/ft²

          Unit 1619 NE 3rd Ave – Asking

          $499/ft²

          (-42%) from Closed Medium $/ft²

          Closed Medium $/ft²

          $854/ft²
          Community $/Price Range (Closed) $438/ft² – $1000/ft²
          No Comparable Units Found: We couldn't locate comparable properties at this time. Contact us for a FREE, no-obligation Comparative Market Analysis (CMA) from a licensed RE advisor.
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