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Property profile & analytics
OFF-MARKET
Apartment buildings

238 13Th Ave Delray Beach, FL 33444

Built 1951
Property ID
Property summary
AI-generated overview

This two-unit apartment building, located at 238 NW 13th Ave in Delray Beach, Florida, presents a compelling investment opportunity. Built in 1951, this single-story property offers two one-bedroom, one-bathroom units. The asking price is $435,000. The property is situated in a central location, just off Atlantic Avenue, providing convenient access to the ocean and Delray Beach's vibrant tourist attractions. While the property requires some tender loving care, it offers significant potential for renovation and increased rental income. One unit features a fully remodeled bathroom. A key feature is the large lot, providing ample space for expansion, such as adding a pool. A new permitted wooden fence is already in place. Cash buyers only. The property's zip code is 33444, and it's located in Palm Beach County. This is a rare chance to acquire a property in a desirable location with substantial upside potential. Serious inquiries only.

Property profile
Verified
Property type Apartment buildings
Year built 1951
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Medlife Ambulette Handicapped Transportation Service
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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