111 SE 2nd St
Delray Beach, FL 33444
aka 175 SE 1st Avenue - Downtown Delray Beach · Multifamily Property For Sale
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23 Units
Investment Highlights
- Recently built-out office condominium in classically modern industrial style
- Corner and street visibility with floor to ceiling windows plus 2 level privacy and shading
- Hand-built custom wood partitions with new (May 2020) glass dividers
- Open-office architectural studio with large, separated workstations
- Energy efficient A/C and engineered air distribution for quiet comfort
- Below-market expenses (HOA, Taxes, Insurance)
Executive Summary
This modern, beautifully built-out, ground floor office is in the heart of Downtown Delray Beach and only two blocks south of Atlantic Avenue. This 4-year old office condominium offers any buyer the opportunity to purchase a highly desirable office for their own use or to be used as a rental property. The current owner is a very well-known consultant to building owners and developers and spared no expense in the architectural details, cabinetry and finishes throughout the office. The office contains 980 square feet with open-air ceiling with modern ductwork and laminate wood floors. Additionally, there is a 4-person conference room along with a kitchen and a private bathroom. The office also includes built-in work-stations for 6 people and a high top counter and chairs for informal meetings and additional seating.
Property Facts
| No. Units | 23 | Lot Size | 0.33 AC |
| Property Type | Multifamily | Building Size | 45,344 SF |
| Property Subtype | Apartment | No. Stories | 4 |
| Apartment Style | Mid-Rise | Year Built | 2008 |
| Building Class | B | APN / Parcel ID |
| No. Units | 23 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.33 AC |
| Building Size | 45,344 SF |
| No. Stories | 4 |
| Year Built | 2008 |
| APN / Parcel ID |
