Multifamily in Delray Beach, FL 33483
Tropic Isle, 2312 Spanish Trl

Beds
2,080
SqFt
$469
$/SqFt
Sold - Mar 18, 2022
Multifamily
Built in 1957
Outdoor Living Area
INVESTMENT OPPORTUNITY! *Please do not disturb tenants* Rare opportunity to own an investment property in the sought after waterfront community of Tropic Isle located EAST of Federal Hwy, just steps to the beach. Property features two fully renovated units and a bonus unfinished third standalone unit. Each unit can rent for $2500 and up. Most recent duplex rentals on the same street rented for $3500 per unit. Plenty of parking - room for 10 cars. Lot is oversized and meticulously maintained - room for additions and/or a pool. With finished 3rd unit efficiency, projected rentals estimate 7% Cap Rate! Roof is 9 years and no issues on recent inspection. Use code 0800-Multifamily <10 units
MLS Number: R10770644
On Site: 1703 Days
Updated: 42 Days ago
Page Views: 0

Features

Bedrooms
    Bathrooms
      Exterior and Lot Features
      • Exterior Features: OutdoorLivingArea, Porch
      Interior, Heating and Cooling
      • Heating Description: Central,Individual
      • Cooling Description: CentralAir
      Building and Construction
      • Floor Description: CeramicTile
      • Year Built: 1957
      Waterfront and Water Access
      • Waterfront Frontage: No info
      School Information
      • Elementary School: Pine Grove
      • Middle School: Boca Raton Community
      • Senior High School: Boca Raton
      Other Property Info
      • Listing Date: 2022-01-18T09:36:44.000-00:00
      Taxes, Fees & More
      • Taxes: 9045.47
      • Total Units in Building: 4
      • Total Units in Complex: 3

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      Price History

      Date
      Event
      Price
      Change
      Price Per
      03/18/2022
      Listed
      $975K
       
      $469 ft2
      $5,046 m2
      03/18/2022
      $975K
      Event
      Listed
      Price Per
      $469 ft2
      $5,046 m2
      Price per square foot and days on website are not provided values and are calculated by Subdivisions.
      Listed by Sheralyn AnstisRE/MAX Services • Buyer Agency Compensation .

      Listing Location & Street View
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      Scores

      Walk Score®
      Somewhat Walkable. Some errands can be accomplished on foot
      56

      100
      Bike Score®
      Somewhat Bikeable. Minimal bike infrastructure
      49

      100
      Sound Score®
      Bearable noise
      80

      100
      Airport Score
      Close to airports. Noticeable airport activity
      0

      100
      Traffic Score
      Congested area. Frequent traffic delays
      24

      100
      Local Score
      Limited local amenities nearby
      0

      100
      Community Snapshot
      3 – 6 BR
      Bedrooms
      $530K – $10.9M
      Price Tier
      941 - 16,934
      SqFt Range
      1987
      Year Build
      2
      Total Floors

      Subdivision Amenities

      Boating
      None
      Pool

      Delray Beach
      Ultra Luxury
      Ultra Luxury Homes & Condos

      Tropic Isle Communities in Delray Beach, FL