Search
Four-Unit Short-Term Rental Property
For Sale
Contact for pricing

218 NE 5th Terrace, Delray Beach, FL 33444

Two-building property with individual laundry, outdoor amenities, and RL zoning supporting seasonal or short-term rental use.

Property Size1,259 SF
Lot Size0.39 Acres
Days on Market144

Property Features for 218 NE 5th Terrace

General Information

Standard status Active
Size 1,259 SF
Lot size 0.39 Acres
Property subtype Multifamily
Zoning RL

Additional Details

Multifamily Units 4

Amenities

washer/dryer in every unit
private patio with BBQ and loungers
parking for RV/Boat
fenced lot
impact windows

Building Details

Buildings 2
Construction concrete
Listing Agency: Commercial Space Realty
Listed By: Michael Levine · License #FL SL3502777
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 2:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Space Realty

Investment Insights

Based on property information with market context.

This four-apartment property is arranged across two buildings on a 0.39-acre fenced lot in Delray Beach. Each unit includes a washer and dryer, while the improvements feature concrete construction and impact windows. The property also provides a private patio with a BBQ and loungers, along with parking accommodations for RVs and boats.

Located at 218 NE 5th Terrace, the property is less than 1/2 mile from the beach and positioned off Atlantic Avenue. RL zoning permits seasonal or “Airbnb” use, and the apartments are currently operated as an “Airbnb” property. The building area totals 1,259 square feet.

Key Highlights

  • Four apartments across a two‑building complex
  • 1,259 square feet on 0.39 acres
  • Less than 1/2 mile from the beach, off Atlantic Avenue

Property Analytics

Current Use

Short term rental ...

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Florist Veterinary Clinic Nursing Home Fish Market

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,819
Businesses Nearby

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Short term rental property - Two-building property with individual laundry, outdoor amenities, and RL zoning supporting seasonal or short-term rental use.
Where is this short term rental property located?
The property is located at 218 NE 5th Terrace Delray Beach, FL.
What are key features of this property?
This property features: Four apartments across a two‑building complex; 1,259 square feet on 0.39 acres; Less than 1/2 mile from the beach, off Atlantic Avenue
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message