Description
This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.,
, DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
Features
- City
Delray Beach
- Contract Status Change Date
2021-06-05 00:00:00
- Cooling
Yes
- County Or Parish
Palm Beach County
- Cumulative Days On Market
739
- Days On Market
739
- Directions
Atlantic Avenue East to NE 4th Avenue. North to NE 2nd St. Property on South West Corner of NE 4th Ave and NE 2nd St.
- Documents Available
Appraisal
Survey
Title
- Flooring
Laminate
Tile
- Heating
Central
- Heating
Yes
- Latitude
26
- List A O R
BeachesMLSFlexmls
- Listing Terms
Cash
- List Price
8100000
- Longitude
-80
- Lot Size Acres
1
- M L S Area Major
4460
- M L S Area Minor
Palm Beach 4220a; 4230b; 4360a; 4370b
- Mls Status
Active
- On Market Date
2021-06-05 00:00:00
- Original List Price
4900000
- Originating System Name
FTL
- Parcel Number
12434616010900250
- Postal City
Delray Beach
- Postal Code
33483
- Property Sub Type
Industrial
- Standard Status
Active
- State Or Province
FL
- Stories
2
- Subdivision Name
DELRAY TOWN OF
- Tax Legal Description
DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
- Tax Year
2020
- Unparsed Address
306 NE 2nd Street
- Virtual Tour URL Branded
https://www.propertypanorama.com/306-NE-2nd-Street-Delray-Beach-FL-33483/unbranded
- Virtual Tour URL Unbranded
https://www.propertypanorama.com/306-NE-2nd-Street-Delray-Beach-FL-33483/unbranded
- Water Source
Public
- Year Built
1948
- Zoning Description
CBD