Priced below market value for quick close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of atlantic ave and 2 blocks from pineapple grove in del ida park historic district—perfect for airbnb or vrbo rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High roi potential in a high-demand rental area close to the ocean and avenue. A turnkey property ready to generate seasonal or annual rental income. Don’t miss this opportunity!
(all future bookings can be transferred to new owner)
units include renovated kitchens & bathrooms + washer/dryer. New hvac units as well!
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Matthew Avelar • Warehouse Realty • Buyer Agency Compensation .
Instant Comparative Market Analysis
Closed
Active
$500/ft²
$700/ft²
$1,000/ft²
$1,300/ft²
Unit 226 - 218 NE 5th Ter – Asking
$924/ft²
(+3%) from Closed Medium $/ft²
Closed Medium $/ft²
$895/ft²
Community $/Price Range (Closed) $655/ft² – $1176/ft²
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