Bought with Prakas Real Estate
$2,600,000
$3,200,000
18.8%For more information regarding the value of a property, please contact us for a free consultation.
2 Baths
1,187 SqFt
SOLD DATE : 04/21/2022
Key Details
Sold Price $2,600,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 1,187 sqft
Price per Sqft $2,190
Subdivision Town Of Delray
MLS Listing ID RX-10689910
Sold Date 04/21/22
Construction Status Resale
Year Built 1936
Annual Tax Amount $24,650
Tax Year 2020
Lot Size 0.360 Acres
Property Description
Great corner location in the heart of Downtown Delray Beach. Currently occupied by retail tenant with 22 months remaining on lease. When lease expires property can be leased at higher rate or redeveloped with 3000 sf of retail and 12 residential condos above.
Location
State FL
County Palm Beach
Area 4220
Zoning CBD
Interior
Heating Central
Cooling Central
Flooring Tile
Fireplaces Type None
Exterior
Utilities Available Electric, Municipal Water
Roof Type Tar/Gravel
Building
Story 100.00
Construction Status Resale
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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