Address
161 SE 5th Avenue Delray Beach, FL
Price
$ 1,150,000
Property Attributes
  • MLS#RX-10683385
  • TypePending
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4370
  • NeighborhoodDelray Town Of
  • Zip33483
  • StyleQuad Plex
  • Year Built1955
  • Taxes17000
  • Price$ 1,150,000
  • Bedrooms1
  • Full Bathrooms2
  • Half Bathrooms0
  • Sqr Footage4530
  • Lot Size0.35 Acres
Listing Provided Courtesy Of:
Posh Properties
Data Source:
Beaches MLS
Property Description

Prime real estate opportunity right in downtown Delray Beach and Atlantic Ave. Located directly on Federal Highway across from new 2 new hotels, retail, apartments, and iPic Movie Theater! Only 1 & 1/2 blocks from famous Atlantic Avenue! One story building, 4 units in total. The total monthly gross income is $5,300/mo. Already partially updated. Beautiful courtyard next to the building! Plenty of parking in front and rear, coin-operated laundry on site. Back alley for parking, and trash. One water meter for the entire building. Can be sold together or separate from building next door, 173 SE 5th Ave (5 units). In the heart of the new development area, Best Zoning CBD allows Hotels, Apts, Condo & Retail. Don't miss out on this rare opportunity to own a piece of Downtown Delray Beach.

Price History
1/10/2021 Listed $1,295,000
1/10/2021 16% - $1,100,000

General Features

Adult 55+ No Hopa
Area 4370
Auction No
Construction CBS
Contingent Pending
Cooling Wall-Win A/C
Exterior Features Fence, Open Patio, Open Porch
Flooring Ceramic Tile, Terrazzo Floor
Geo Area PB06
Geo Lat 26.458565
Geo Lon -80.067702
HOA None
HOA/POA/COA (Monthly) 0.00
Heating Window/Wall
Legal Description TOWN OF DELRAY LTS 7 & 8 (LESS W 10 FT SE 5TH AVE R/W) BLK 110
Possession At Closing, Funding
Property Type B
REO No
Restrict Other
Roof Concrete Tile
Short Sale No
Source Of Expenses Books
Status Pending
Stories 1.0
Subdivision DELRAY TOWN OF
Tax Year 2020
Taxes 17000.00
Tenant Pays Cable, Electric
Terms Considered Cash, Conventional
Type Quad Plex
Utilities Cable, Electric, Public Sewer, Public Water
Virtual Tour https://www.propertypanorama.com/161-SE-5th-Avenue-Delray-Beach-FL-33483/unbranded
Waterfront No
Waterfront None
Year Built 1955
Zoning CBD(ci

Interior Features

SqFt - Living 4530.00
Total # Of Units 4
Unit 1 Desc A/C Unit, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 2 Desc A/C Unit, Kitchen, Microwave, Range - Electric, Refrigerator
Unit 2 Info Efficiency
Unit 3 Desc A/C Unit, Kitchen, Range - Electric, Refrigerator
Unit 3 Info Efficiency
Unit 4 Desc A/C Unit, Dishwasher, Disposal, Electric Meter, Microwave, Range - Electric, Refrigerator
Unit 4 Info Efficiency

Exterior Features

Carport Spaces 8.00
Lot Description < 1/4 Acre, 1/4 to 1/2 Acre
Lot Dimensions 60 X 125
Private Pool Y/N No
Subdiv Amenities Common Laundry, Picnic Area, Sidewalks
Unit 1 Parking Open Parking, Space Parking
Unit 2 Parking Space Parking
Unit 3 Parking Space Parking
Unit 4 Parking Space Parking

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33483

Price
AVG $2.35M
$1.15M
Taxes
AVG $31,450
$17,000
Visits
AVG 146
119
Year Built
AVG 1982
1955
Walkscore
AVG 46
84
Data Provided by Walkscore ® not using MLS data