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1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
1601 NE 3RD Avenue
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Courtesy of Century 21 Realty Professionals
$2,100,000

1601 NE 3RD Avenue

5,146 Sq.Ft. 0.29 Acres

Description

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.

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Location

1601 NE 3RD Avenue, Delray Beach, FL

Status

For Sale
Abbey Adair

Abbey Adair

TITLE

REALTOR®

LICENSE

SL3545642

Property Amenities

Area & Lot
Total area 5,146 Sq.Ft.
Lot Area 0.29 Acres
Living area 5,146 Sq.Ft.
MLS® ID B26069794
Year Built 1974
Type Commercial
Status For Sale
Exterior
Stories 2
Air conditioning Central Air, Electric
Heat type Central, Electric
Disability Features None
Water Source Multiple Meters, Public
Security Features None
Sewer Public Sewer
Lot Features 1/4 to 1/2 Acre Lot
Roof Composition
Utilities Cable Available, Electricity Connected, Sewer Connected
Finance
Sales Price $2,100,000
Real Estate Tax $11,291 yearly
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Thank you for your interest in 1601 NE 3RD Avenue, Delray Beach, FL. We are reviewing your request and will be in touch shortly!

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Waterfront Luxury Homes / Delray Beach

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