Basic Information

  • Type Single Family Residence
  • Status Closed
  • Subdivision/Complex Del Ida Park
  • Total Size 24,000 Sq.Ft / 0.55 Acre
  • Date Listed 08/23/2022
  • Days on Market 48
Description

This property is 2 buildings on a parcel each, currently used as a Multi Family Quad plex intersecting parcels: 218- 226 NE 5th Terrace. Combined lots 24,000 sq ft per Property Appraiser. Land Use: MULTI-FAMILY 0800 Zoning: RL cityMULTI-FAMILY RESIDENTIAL MEDIUM DENSITY DISTRICT Income figures based on current short-term rentals, and vacation booking rentals at present time. Major Redevelopment opportunity in the heart of Delray Beach 2 blocks north of Pineapple Grove, and 5 blocks north of Atlantic Ave

Amenities

Exterior Features

  • Waterfront No
  • Parking Spaces 0
  • Pool No
  • Parking Description
  • Style Single Family Residence

Interior Features

  • Adjusted Sqft 0.55 AcreSq.Ft
  • Sqft 0.55 Acre Sq.Ft

Property Features

  • Address 226 - 218 NE 5th Terrace
  • Aprox. Lot Size 24,000
  • Furnished Info no
  • Listing Terms Cash, Conventional, Item1031 Exchange
  • HOA Fees $0
  • Subdivision Complex Del Ida Park
  • Subdivision Info Del Ida Park
  • Tax Amount $19,768
  • Tax Legal desc DEL IDA PARK LT 17 E 20 FT OF LT 18 BLK 9
  • Tax Year 2021
  • Terms Considered Cash, Conventional, Item1031 Exchange
  • Type of Property Single Family Residence

226 - 218 NE 5th Terrace

Delray Beach, FL 33444

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