Del Ida Park, 226 - 218 NE 5th Ter Delray Beach, 33483

$2,700,000Price
2,923SqFt

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Size: 2,923 ft2 / 272 m2
Price: $924 ft2 / $9,943 m2
Built: 1961
HOA: N/A
MLS Number: F10471271
On Site: 7 Days
Updated: 0 Days ago
Page Views: 0
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!
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Exterior Features: Balcony, EnclosedPorch, Fence, FruitTrees, Porch, Patio, RoomForPool
Price History
11/13/2024

Date

Listed

Event

$2.7M

Price

$924 ft2 / $9,943 m2

Price Per

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

Listed by Matthew AvelarWarehouse Realty • Buyer Agency Compensation .

Instant Comparative Market Analysis
$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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