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  • Price$4,950,000
  • Sq. Ft.7,486
  • Acres0.31
  • Built1972

238 Se 1st Avenue, Delray Beach

10 unit, 2 story fully renovated (2004) apartment building in a very desirable location in Delray Beach, FL. Property has been gutted and renovated including new roof, new hurricane impact windows, all new HVAC units, cabinetry/countertops/appliances, flooring, lighting, bathrooms, closets and fans. Finishes are all upgraded to a coastal contemporary finish. Property is selling vacant to offer investor flexibility for either standard tenant leases or short-term Airbnb rentals or alternative uses. Delray Beach is a vibrant and sought-after location for both residents and tourists alike, making this property an excellent investment opportunity. This prime location in South Florida, known for its beautiful beaches, thriving dining and entertainment scene, and cultural attractions,makes it a highly desirable destination for tourists and a coveted spot for residents seeking the Florida lifestyle.

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Essential Information

  • MLS® #RX-10974117
  • Price$4,950,000
  • Square Footage7,486
  • Acres0.31
  • Year Built1972
  • TypeCommercial
  • Sub-TypeOther
  • StyleResident. Multi-Fam.
  • StatusActive

Amenities

  • Utilities3-Phase Electric, Public Sewer, Public Water, Municipal Water
  • WaterfrontNone

Exterior

  • Lot Description10 Unit Apmt Bldg
  • RoofMetal, Built-Up
  • ConstructionConcrete

Listing Details

  • Listing OfficeCommunity Realty Associates

Community Information

  • Address238 Se 1st Avenue
  • Area4370
  • SubdivisionDELRAY TOWN OF
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33444

Interior

  • AppliancesBuilding and Land, Fixtures
  • HeatingCentral
  • CoolingCeiling Fan, Central Individual, Electric
  • # of Stories2

Additional Information

  • Date ListedApril 2nd, 2024
  • Days on Market45
  • ZoningRM-10

Price Change History for 238 Se 1st Avenue, Delray Beach, FL (MLS® #RX-10974117)

Date Details Price Change
Active – –
Price Change (from New) – –
Price Increased (from $4,750,000) $4,950,000 $200,000 (4.21%)
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Listing information last updated on May 17th, 2024 at 2:52pm EDT.