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    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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