Bought with Re/Max Direct
$617,500
$649,990
5.0%For more information regarding the value of a property, please contact us for a free consultation.
38 SW 8th AVE Delray Beach, FL 33444
4 Beds
2 Baths
1,260 SqFt
Key Details
Sold Price $617,500
Property Type Single Family Home
Sub Type Single Family Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 1,260 sqft
Price per Sqft $490
Subdivision S/D Of 17-46-43 In
MLS Listing ID RX-10876662
Sold Date 06/02/23
Style Courtyard,Mediterranean
Bedrooms 4
Full Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1959
Annual Tax Amount $4,419
Tax Year 2022
Lot Size 6,001 Sqft
Property Sub-Type Single Family Detached
Property Description
Downtown Delray Beach investment dream property. The property has been converted to a 3-unit property with the main house being sectioned off into 2 units. The front unit is a fully updated efficiency apartment collecting $1,275 monthly. The back half of the main home is a 2 bed / 1 bath home will a full kitchen and living area. We are collecting $2,350 per month. The garage is currently being converted into a large modern updated 1 bed / 1 bath apartment. Projected income of $2,000 per month. The home is in need of a new owner to be finished and to collect the rent of this property. Potential galore including air bnb as well. Don't miss out on rental income and long-term appreciation in the Delray Beach market as the property is 1 block within Atlantic Ave with devlopment all around area.
Location
State FL
County Palm Beach
Area 4460
Zoning RM(cit
Rooms
Other Rooms Den/Office, Maid/In-Law
Master Bath 2 Master Suites, Combo Tub/Shower
Interior
Interior Features Entry Lvl Lvng Area, Roman Tub
Heating Central, Window/Wall
Cooling Central, Wall-Win A/C
Flooring Vinyl Floor
Furnishings Unfurnished
Exterior
Exterior Feature Auto Sprinkler, Fence, Open Patio, Room for Pool
Parking Features 2+ Spaces, Driveway
Community Features Sold As-Is
Utilities Available Public Sewer, Public Water
Amenities Available None
Waterfront Description None
View Garden
Roof Type S-Tile
Present Use Sold As-Is
Exposure East
Private Pool No
Building
Lot Description < 1/4 Acre
Story 1.00
Foundation Frame, Stucco
Construction Status Resale
Others
Pets Allowed Yes
Senior Community No Hopa
Restrictions None
Security Features None
Acceptable Financing Cash, Conventional, FHA
Horse Property No
Membership Fee Required No
Listing Terms Cash, Conventional, FHA
Financing Cash,Conventional,FHA
Pets Allowed No Restrictions
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