238 13Th Ave, Delray Beach, FL 33444
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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