Delray Beach, FL 33444,105 NW 5th AVE
Listed by Darrin Simmons Real Estate
Bought with Darrin Simmons Real Estate

$925,000

$1,050,000

11.9%
Est.Price: ?

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Est. payment /mo

5 Baths

4,816 SqFt


SOLD DATE : 02/15/2017

Key Details

Sold Price $925,000

Property Type Other Types

Sub Type Hotel/Motel/Hospitality

Listing Status Sold

Purchase Type For Sale

Square Footage 4,816 sqft

Price per Sqft $192

Subdivision Delray Town Of

MLS Listing ID RX-10233407

Sold Date 02/15/17

Abv Grd Liv Area 6

Year Built 1961

Annual Tax Amount $4,912

Tax Year 2015

Lot Size 10,454 Sqft

Property Description

Here's a rare opportunity to invest in the downtown Delray Beach area. This building is currently zoned commercial, mixed use. The upstairs consists of 7 boarding rooms with hot & cold water sink in each, 2 full baths at the end of the hall and an efficiency apartment. The owner occupies part of the downstairs area which is a 2 bedroom, 2 bath with a kitchen, family room, dining area and living room. There is also a large laundry room, bonus area that is perfect for an office. This building also includes a street side restaurant. The current owner use to operate the restaurant about 30 years ago before shutting it down. The building is only 1 block West of the courthouse and tennis center and 1.5 blocks North of Atlantic Ave. Building needs complete restoration. Sold ''As-Is''.

Location

State FL

County Palm Beach

Area 4460

Zoning Comm., Mixed Us

Interior

Heating Other

Cooling Ceiling Fan, Wall-Win A/C

Flooring Carpet, Parquet Floor, Terrazzo Floor, Tile

Fireplaces Type None

Exterior

Utilities Available Cable, Electric, Public Sewer, Public Water

Waterfront No

Roof Type Comp Rolled

Building

Story 60.00

Foundation CBS

Others

Security Features Burglar Alarm

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

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