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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
| Parcel Number | 12-43-46-09-29-010-0141 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,984,429 |
Property Taxes
Parcel Number
12-43-46-09-29-010-0141
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,984,429
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