Bought with Florida Professional R.E.
$6,400,000
$6,499,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
5458 Via Delray BLVD Delray Beach, FL 33484
5 Beds
6 Baths
1,067 SqFt
Key Details
Sold Price $6,400,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
Square Footage 1,067 sqft
Price per Sqft $5,998
Subdivision Via Delray Condos
MLS Listing ID RX-10642813
Sold Date 03/11/21
Bedrooms 5
Full Baths 5
Half Baths 2
Construction Status Resale
HOA Y/N No
Year Built 1973
Annual Tax Amount $2,305
Tax Year 2019
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
Location
State FL
County Palm Beach
Community Via Delray
Area 4630
Zoning PUD
Interior
Heating Central
Cooling Central
Flooring Laminate, Tile
Exterior
Exterior Feature Cabana
Utilities Available Public Sewer, Public Water
Amenities Available Pool
Waterfront Description Pond
View Garden, Other, Pond
Roof Type Barrel
Private Pool Yes
Building
Lot Description 3 to < 4 Acres, Paved Road, Public Road, Treed Lot, West of US-1
Story 2.0
Foundation Block, CBS
Construction Status Resale
Others
Senior Community No Hopa
Restrictions None
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
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