This Office Property is no longer advertised on LoopNet.com.

205 NE 5th Ter
Delray Beach, FL 33444
Office Property For Sale

Investment Highlights

  • Beautiful Office in Great Area
  • Zoned Residential Office (see attachment with Details)
  • 24 Parking Spaces

Property Facts

Property Type
Office
Property Subtype
Office/Residential
Building Size
5,567 SF
Building Class
B
Year Built/Renovated
2005/2018
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
5,567 SF
Building FAR
0.18
Lot Size
0.73 AC
Zoning
RO - Residential Office
Parking
24 Spaces (4.31 Spaces per 1,000 SF Leased)

Amenities

  • Signage

About 205 NE 5TH TER , DELRAY BEACH, FL 33444

Unique Opportunity to purchase a stunning free-standing professional office located in the heart of Delray Beach. The property consists of 3 total buildings that are all connected. 24 parking spaces +1 Handicap. Building One- 3,333 SqFt. Building Two- 1,130 SqFt. Building 3- 1,104 SqFt. Zoned Residential/Office. Two of the three buildings were built in 2005. See attachments for more info. Property is Fully leased. 2020 Current Gross income in 176,000 and Net income is approximately $117,000. See attached Lease and Expenses analysis.

Property Taxes

Property Taxes

Parcel Number
12-43-46-09-29-010-0141
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,984,429
  • Listing ID: 17717596

  • Date on Market: 11/14/2019

  • Last Updated:

  • Address: 205 NE 5th Ter, Delray Beach, FL 33444

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