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DOWNTOWN DELRAY COTTAGES 126 NE 4th Ave 2 Unit Apartment Building $2,599,000 ($1,299,500/Unit) Delray Beach, FL 33483
Investment Highlights
- WALKING DISTANCE TO DOWNTOWN DELRAY AND ATLANTIC AVENUE (ONLY ONE BLOCK NORTH OF ATLANTIC)
- CBD ZONING HAS NUMEROUS PERMITTED USES INCLUDING: RETAIL, OFFICE, MEDICAL, MULTIFAMILY, ETC.
- LOCATED LESS THAN ONE (1) MILE FROM DELRAY'S PUBLIC BEACHES
Executive Summary
This unique multifamily property has CBD Core zoning (Central Business District), which allows for numerous different uses including retail space, offices, multifamily, single family, hotels, motels, public parking, and many more. Recently renovated two unit property now available in the heart of coveted Downtown Delray Beach just one block north of Atlantic Avenue! This key west style property features two cottages that were both recently renovated.
The main cottage features 2BD, 2BA with a spacious floor plan boasting nearly 1,300 Living SF. The back cottage also features 2BD, 2BA and approximately 800 Living SF. This property sits on a 9,000 SF lot and the CBD Zoning allows for development of up to 4 Stories and Maximum height of 54 Feet. Property currently operates as an Airbnb. DO NOT DISTURB TENANTS AND/OR GUESTS.
This property is just steps from Atlantic Avenue and features a private fully fenced backyard with a pergola, jacuzzi, and plenty of green space. This property can be sold fully furnished and is the ideal vacation rental being located just seconds from everything that Delray has to offer, including F45, Johnnie Browns, El Camino, Park Tavern, Throw Social, Pinball Museum, Deck 84, as well as A1A and Delray's public beaches. CBD zoning code, permitted uses, property survey, etc. are available in documents tab.
The main cottage features 2BD, 2BA with a spacious floor plan boasting nearly 1,300 Living SF. The back cottage also features 2BD, 2BA and approximately 800 Living SF. This property sits on a 9,000 SF lot and the CBD Zoning allows for development of up to 4 Stories and Maximum height of 54 Feet. Property currently operates as an Airbnb. DO NOT DISTURB TENANTS AND/OR GUESTS.
This property is just steps from Atlantic Avenue and features a private fully fenced backyard with a pergola, jacuzzi, and plenty of green space. This property can be sold fully furnished and is the ideal vacation rental being located just seconds from everything that Delray has to offer, including F45, Johnnie Browns, El Camino, Park Tavern, Throw Social, Pinball Museum, Deck 84, as well as A1A and Delray's public beaches. CBD zoning code, permitted uses, property survey, etc. are available in documents tab.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Ceiling Fans
- Kitchen
- Yard
- Patio
Site Amenities
- 24 Hour Access
- Fenced Lot
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 1 | - | 766 |
| 2+2 | 1 | - | 1,234 |
1 1
Walk Score®
Very Walkable (87)
Property Taxes
| Parcel Number | 12-43-46-16-01-091-0060 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,277,134 |
Property Taxes
Parcel Number
12-43-46-16-01-091-0060
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,277,134
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DOWNTOWN DELRAY COTTAGES | 126 NE 4th Ave
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