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    2227 NE 3Rd Ave, Unit 1 & 2 Delray Beach, FL 33444

    For Sale
    $899,990

    Renovated 2-unit duplex near Atlantic Avenue in Delray Beach.

    Lot size:
    0.24 Acres

    Property Features for 2227 NE 3Rd Ave

    General Information

    Lot size
    0.24 Acres

    Building Details

    Year built
    1973

    Source: Compass Florida LLC Agent JEFF Creegan

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Duplex Near Atlantic Avenue

    This renovated two-unit duplex is located minutes from Atlantic Avenue. Each unit features two bedrooms, one bathroom, a kitchen, and a laundry area, with modern finishes. The entire duplex was renovated in 2020, including insulation, drywall, floors, and finishes. Windows and doors are impact-resistant. The property sits on a 0.25-acre lot. One unit is currently rented month to month, and the other is vacant. The property has no HOA. Transitioning to short-term rental or increasing the monthly rate could increase cash flow.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.0666728
    Latitude
    26.4866134

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    FAQs

    What type of property is this?
    Duplex - Renovated 2-unit duplex near Atlantic Avenue in Delray Beach.
    Where is this duplex located?
    The property is located at 2227 NE 3Rd Ave, Unit 1 & 2 Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $899,990.
    What are key features of this property?
    This property features: - Fully renovated in 2020 with modern finishes; - Two units, each with 2 bedrooms and 1 bathroom; - Impact windows and doors with keypad entry
    (561) 939-9819
    Request Owner's contact information
    2227 NE 3Rd Ave, Unit 1 & 2 Delray Beach, FL 33444
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    Delray Beach, FL 33444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2227 NE 3Rd Ave, Unit 1 & 2 Delray Beach, FL 33444
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