306 NE 2nd Street

Delray Beach, FL, 33483

$7,750,000

$7,750,000
Active
Active
 - For Sale
property_type
Commercial
calendar
Built 1948
This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.
MLS® ID:
R10721769
Listed:
6/4/21
Updated:
8/15/22
ONE Sotheby's International Realty
Patrick Meyer

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Floor Description
Laminate, Tile
Cooling
Central Air
Heating
Central

Exterior/Building Features

Lot Size
0.86 acres lot
Roof
Tar/Gravel

Other Property Details

Area Name
4460
Taxes
$42058
Tax Frequency
per YEAR
Garage
No
Parking
N
View
N
County
Palm Beach County
Utilities
Electricity Available, Water Available
Water Source
Public
Pool
No
Total Stories
2

Property History

Date
Event
Price
Value
4/4/22
Price Change
$7,750,000
111%

 

Courtesy of Van Arnem Properties Inc.

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Data last updated 7:29 PM UTC, 8/15/22

 

ONE Sotheby's International Realty
Patrick Meyer
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