Bought with Darrin Simmons Real Estate
$925,000
$1,050,000
11.9%For more information regarding the value of a property, please contact us for a free consultation.
5 Baths
4,816 SqFt
SOLD DATE : 02/15/2017
Key Details
Sold Price $925,000
Property Type Other Types
Sub Type Hotel/Motel/Hospitality
Listing Status Sold
Purchase Type For Sale
Square Footage 4,816 sqft
Price per Sqft $192
Subdivision Delray Town Of
MLS Listing ID RX-10233407
Sold Date 02/15/17
Year Built 1961
Annual Tax Amount $4,912
Tax Year 2015
Lot Size 10,454 Sqft
Property Description
Here's a rare opportunity to invest in the downtown Delray Beach area. This building is currently zoned commercial, mixed use. The upstairs consists of 7 boarding rooms with hot & cold water sink in each, 2 full baths at the end of the hall and an efficiency apartment. The owner occupies part of the downstairs area which is a 2 bedroom, 2 bath with a kitchen, family room, dining area and living room. There is also a large laundry room, bonus area that is perfect for an office. This building also includes a street side restaurant. The current owner use to operate the restaurant about 30 years ago before shutting it down. The building is only 1 block West of the courthouse and tennis center and 1.5 blocks North of Atlantic Ave. Building needs complete restoration. Sold ''As-Is''.
Location
State FL
County Palm Beach
Area 4460
Zoning Comm., Mixed Us
Interior
Heating Other
Cooling Ceiling Fan, Wall-Win A/C
Flooring Carpet, Parquet Floor, Terrazzo Floor, Tile
Fireplaces Type None
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Comp Rolled
Building
Story 60.00
Foundation CBS
Others
Security Features Burglar Alarm
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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