Delray Beach, FL 33483,2312 Spanish TRL
Delray Beach, FL 33483,2312 Spanish TRL
Delray Beach, FL 33483,2312 Spanish TRL
Delray Beach, FL 33483,2312 Spanish TRL
Delray Beach, FL 33483,2312 Spanish TRL
Delray Beach, FL 33483,2312 Spanish TRL
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Listed by RE/MAX Services
Bought with Onalim Brokerage Services, Inc

$975,000

$925,000

5.4%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment /mo

4 Beds

2 Baths

2,080 SqFt


SOLD DATE : 03/18/2022

Key Details

Sold Price $975,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Square Footage 2,080 sqft

Price per Sqft $468

Subdivision Tropic Isle 2Nd Sec

MLS Listing ID RX-10770644

Sold Date 03/18/22

Bedrooms 4

Full Baths 2

Construction Status Resale

HOA Y/N No

Year Built 1957

Annual Tax Amount $9,045

Tax Year 2021

Lot Size 0.287 Acres

Property Description

INVESTMENT OPPORTUNITY! *Please do not disturb tenants* Rare opportunity to own an investment property in the sought after waterfront community of Tropic Isle located EAST of Federal Hwy, just steps to the beach. Property features two fully renovated units and a bonus unfinished third standalone unit. Each unit can rent for $2500 and up. Most recent duplex rentals on the same street rented for $3500 per unit. Plenty of parking - room for 10 cars. Lot is oversized and meticulously maintained - room for additions and/or a pool. With finished 3rd unit efficiency, projected rentals estimate 7% Cap Rate! Roof is 9 years and no issues on recent inspection. Use code 0800-Multifamily <10 units

Location

State FL

County Palm Beach

Community Tropic Isle

Area 4230

Zoning RM(cit

Interior

Heating Central Individual

Cooling Central Individual

Flooring Ceramic Tile

Exterior

Exterior Feature Fence, Screen Porch

Utilities Available Cable, Electric, Public Sewer, Public Water

Amenities Available None

Waterfront Description None

Roof Type Comp Shingle

Private Pool No

Building

Lot Description 1/4 to 1/2 Acre

Story 1.0

Foundation CBS

Construction Status Resale

Schools

Elementary Schools Pine Grove Elementary School

Middle Schools Boca Raton Community Middle School

High Schools Boca Raton Community High School

Others

Senior Community No Hopa

Restrictions None

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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