$ 3,150,000
341 SE 2nd AVE Delray Beach, FL 33483
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Listed by Douglas Elliman
$ 3,150,000
Est. payment /mo
Active
341 SE 2nd AVE Delray Beach, FL 33483
7 Baths
4,960 SqFt
UPDATED:
10/15/2024 04:53 PM
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 4,960 sqft
Price per Sqft $635
Subdivision Linns
MLS Listing ID RX-11028670
Year Built 1957
Annual Tax Amount $17,610
Tax Year 2023
Lot Size 0.300 Acres
Property Description
Investor's dream! Double lot gem (13,260sqft) and multiple use zoning in the booming SofA District in East Delray, just blocks from Atlantic Avenue and the beach. Rare CBD-RC zoning allows both residential and commercial use. New owner can build up to five floors for mixed use space. Current zoning allows for 30 units/acre. 70 units/acre allowed provided that the project contains 20% workforce housing. Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a steady revenue stream (please do not disturb tenants).
Location
State FL
County Palm Beach
Area 4370
Zoning CBD-RC
Interior
Heating Electric
Cooling Central Individual, Electric
Flooring Concrete, Tile
Fireplaces Type Smoke Detector
Exterior
Utilities Available Cable, Electric, Public Sewer, Public Water
Roof Type Other
Building
Story 100.00
Foundation CBS
Others
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional