UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,200 sqft
Price per Sqft $833
Subdivision Delray Town Of
MLS Listing ID A11903265
HOA Y/N No
Year Built 1957
Annual Tax Amount $4,059
Tax Year 2024
Property Sub-Type Duplex
Property Description
Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue.
Located less than one block from vibrant Atlantic Avenue and surrounded by numerous transformative projects currently progressing through the development pipeline.
Available at $1,000,000 this Opportunity Zone Development site includes:
A soon to be vacant duplex and a contiguous vacant parcel, bringing the total land area to 13,940 SF
Positioned directly adjacent to the highly anticipated Delray Beach CRA redevelopment project, soon to be anchored by a 20,000+ SF grocery store.
Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives.
This property is a standout offering in one of South Florida's fastest-growing corridors.
Location
State FL
County Palm Beach
Community Delray Town Of
Area 4470
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Concrete, Ceramic Tile
Exterior
Pool None
Utilities Available Cable Available
Roof Type Other
Total Parking Spaces 4
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1
Sewer Public Sewer
Level or Stories One
Structure Type Block
Others
Tax ID 12434616010210200
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11903265
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Kate Zhurko
Broker Associate | License ID: 3229050
Broker Associate License ID: 3229050
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