2222 Spanish Trl | Delray Beach, FL 33483
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- LoopNet Team
2222 Spanish Trl
Delray Beach, FL 33483
Short-Term/Long-Term Rental Opportunity · Multifamily Property For Sale
·
4 Units
Investment Highlights
- 2222 Spanish Trail is a thoughtfully renovated fourplex in East Delray, strategically located between US Highway 1/Federal Highway and Highway A1A.
- Future investment structure allows flexibility and stability, with two units currently on annual leases and two providing short-term income.
- Enhancements include a repaved parking lot and full or partial renovations to the unit interiors, including new AC units, appliances, and vanities.
- East Delray is renowned for its beaches, luxurious real estate, and accessibility along the Atlantic Coast to other major markets in South Florida.
Property Facts
| No. Units | 4 | Building Size | 5,848 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1972/2023 |
| Building Class | C | Parking Ratio | 1.03/1,000 SF |
| Lot Size | 0.29 AC | ||
| Zoning | RM15, Delray Beach - Multi Family Rental 4-Plex in Tropic Isles. Mixed Use Residential Neighborhood made up of Nice Rental units and High-End Waterfront Homes | ||
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 0.29 AC |
| Building Size | 5,848 SF |
| Average Occupancy | 95% |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2023 |
| Parking Ratio | 1.03/1,000 SF |
| Zoning | RM15, Delray Beach - Multi Family Rental 4-Plex in Tropic Isles. Mixed Use Residential Neighborhood made up of Nice Rental units and High-End Waterfront Homes |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 4 | $4,235 | 1,400 |
Property Taxes
| Parcel Number | 12-43-46-28-02-000-1380 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $1,630,729 |
Property Taxes
Parcel Number
12-43-46-28-02-000-1380
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$1,630,729
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