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    15125 Michelangelo Blvd, Unit 108 Delray Beach, FL 33446

    For Sale
    $1,020,000

    Condo bundle in Delray Beach with customization options.

    Building Details

    Year built
    2001

    Source: Coldwell Banker Realty /Delray Beach Agent Lindsey Bennett

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

    Overview

    Delray Beach Condo Investment Opportunity

    An investment opportunity is available in central Delray Beach. This offering consists of a bundle of three-bedroom condos. Packages of 3, 4, and 5 fully leased condos are available, with customization options. The Murano of Delray Beach provides an opportunity to diversify an investment portfolio in Delray Beach, Florida. The property features low HOA fees, fully funded reserves, and resort-style amenities.
    Location Intelligence

    Current Use by Public Records

    AM Insurance Insurance Agency RockON Business Marketing Marketing Agency

    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
    -80.158304
    Latitude
    26.453163

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    FAQs

    What type of property is this?
    Apartment building - Condo bundle in Delray Beach with customization options.
    Where is this apartment building located?
    The property is located at 15125 Michelangelo Blvd, Unit 108 Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $1,020,000.
    What are key features of this property?
    This property features: - Investment opportunity: Bundle of (3) three-bedroom condos in central Delray Beach.; - Fully leased condos available in packages of 3, 4, and 5 units.; - Low HOA fees and fully funded reserves.
    (303) 590-4873
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    15125 Michelangelo Blvd, Unit 108 Delray Beach, FL 33446
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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
    15125 Michelangelo Blvd, Unit 108 Delray Beach, FL 33446
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