Waterfront
Address
5458 Via Delray Boulevard Delray Beach, FL
Price
$ 6,499,000
Property Attributes
  • MLS#RX-10642813
  • TypeContingent
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4630
  • NeighborhoodVia Delray Condos
  • Zip33484
  • StyleTriplex
  • Year Built1973
  • Taxes2305
  • Price$ 6,499,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms2
  • Sqr Footage1067
Listing Provided Courtesy Of:
Florida Professional R.E.
Property Description

Amazing opportunity to own a 37 unit condominium complex with a 7.9% cap rate. This mint condition beautifully landscaped property sits on 3 acres in unincorporated Palm Beach County near Delray Beach area and includes a pool, tranquil pond, 2 gazebos and plenty of parking. The property was built in 1973 and consists of three buildings that include: Thirty two 1200 s/f 2/2'sFour 1485 s/f 2/2'sOne 1963 s/f 3/2Each unit includes granite counter tops, stainless steel appliances, private washer and dryer, private balconies, tile and laminate flooring. There is only one tenant who has a master lease for the next five years. Gross monthly revenue of $59,328 & has a 0% vacancy rate. Owner responsible to pay taxes, insurance and common area. Tenant responsible for everything inside of u

Price History
7/30/2020 Listed $6,499,000

General Features

Adult 55+ No Hopa
Application Fee 0.00
Area 4630
Auction No
Construction Block, CBS
Contingent Contingent
Development Name Via Delray
Flooring Laminate, Tile
Geo Area PB09
Geo Lat 26.475193
Geo Lon -80.129824
HOA Mandatory
HOA/POA/COA (Monthly) 0.00
Legal Description VIA DELRAY CONDOS UNIT 106 BLDG A
Possession At Closing
Property Type B
REO No
Restrict None
Short Sale No
Source Of Expenses Other, Owner
Status Contingent
Stories 2.0
Subdivision VIA DELRAY CONDOS
Tax Year 2019
Taxes 2305.75
Tenant Pays Cable, Electric, Repairs, Sewer, Water
Terms Considered Cash
Type Triplex
Virtual Tour https://www.propertypanorama.com/5458-Via-Delray-Boulevard-Delray-Beach-FL-33484/unbranded
Year Built 1973
Zoning PUD

Interior Features

Cooling Central
Heating Central
SqFt - Living 1067.00
Total # Of Units 37
Unit 1 Desc A/C Unit, Range - Electric, Refrigerator
Unit 2 Desc A/C Unit, Range - Electric, Refrigerator
Utilities Public Sewer, Public Water

Exterior Features

Carport Spaces 0.00
Exterior Features Cabana
Lot Description 3 to < 4 Acres, Paved Road, Public Road, Treed Lot, West of US-1
Private Pool Y/N Yes
Roof Barrel
Subdiv Amenities Pool
Unit 1 Parking Open Parking
Unit 2 Parking Open Parking
View Garden, Other, Pond
Waterfront Pond

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 33484

Price
AVG $150K
$6.5M
Taxes
AVG $2,435
$2,305
Visits
AVG 40
25
Year Built
AVG 1984
1973

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