About 1601 Ne 3rd Avenue
Exceptional investment and redevelopment opportunity in a prime East Delray Beach location, just minutes from Atlantic Avenue, the beach, dining, shopping and entertainment, also with convenient access to Downtown Boynton Beach. Currently configured as a six-unit multifamily property, each residence offers 2 bedrooms, 1 bathroom and approximately 780 square feet each. Renovate and reposition the existing units as an income-producing asset, or explore the potential for redevelopment into a single-family residence or alternative use, such as a wellness-oriented concept, subject to zoning and municipal approvals. With multiple possibilities and an irreplaceable location, this is a rare opportunity to bring a new vision to one of South Florida's most desirable coastal areas.
Features of 1601 Ne 3rd Avenue
| MLS® # | B26069794 |
|---|---|
| Price | $2,100,000 |
| Acres | 0.29 |
| Year Built | 1974 |
| Type | Commercial Sale |
| Sub-Type | Multi Family |
| Status | Active Under Contract |
Community Information
| Address | 1601 Ne 3rd Avenue |
|---|---|
| Area | 4360 |
| City | Delray Beach |
| County | Palm Beach |
| State | FL |
Amenities
| Utilities | Cable Available, Electricity Connected, Sewer Connected |
|---|
Interior
| Heating | Central, Electric |
|---|---|
| Cooling | Central Air, Electric |
| # of Stories | 2 |
Exterior
| Roof | Composition |
|---|---|
| Construction | CBS |
Additional Information
| Zoning | R-1-A (city) |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Century 21 Realty Professionals |
|---|