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    FOR SALE
    Assisted living facilities

    1650 NE 3Rd Ave Delray Beach, FL 33444

    Built 1965
    Property ID
    US18-5720375
    1650 NE 3Rd Ave, Delray Beach, FL 33444 For Sale 1 / 27
    $2,700,000
    1650 NE 3Rd Ave, Delray Beach, FL 33444
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    Property summary
    AI-generated overview

    This spacious 5000+ SF compound offers endless possibilities, just steps from Pineapple Grove and downtown Delray. With its versatile layout and prime location this property presents a great investment opportunity, ideal for an assisted living facility or a short-term rental. The property consists of 5 bedrooms and 5 bathrooms. The original 1960s home, a 1336 SF residence with 2 bedrooms and 2 bathrooms, seamlessly connects to a 3000+ SF addition completed in 2024. This expansion includes a 2 car garage, 3 bedrooms and 3 bathrooms. The entire property surrounds a newly built pool, creating a functional indoor/outdoor living space. This property sits on a large lot with a room for further development. The existing layout allows you to double the number of bedrooms, maximizing its potential bikeScore: 55, Bikeable walkScore: 66, Somewhat Walkable

    Property profile
    Verified
    Property type Assisted living facilities
    Year built 1965
    UPID US18-5720375
    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
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    1650 NE 3Rd Ave, Delray Beach, FL, 33444
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