Delray Beach, FL 33444,401 W Atlantic AVE R 11
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Delray Beach, FL 33444,401 W Atlantic AVE R 11
Delray Beach, FL 33444,401 W Atlantic AVE R 11
Delray Beach, FL 33444,401 W Atlantic AVE R 11
Delray Beach, FL 33444,401 W Atlantic AVE R 11
Listed by United Realty Group, Inc
Bought with JSM Realty Services, Inc.

$750,000

Est. payment /mo

$800,000

6.3%
Est.Price: ?

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401 W Atlantic AVE R 11 Delray Beach, FL 33444

1 Bath

1,100 SqFt

SOLD DATE : 07/26/2022

Key Details

Sold Price $750,000

Property Type Commercial

Sub Type Restaurant/Entertainment

Listing Status Sold

Purchase Type For Sale

Square Footage 1,100 sqft

Price per Sqft $681

Subdivision Atlantic Grove

MLS Listing ID RX-10752111

Sold Date 07/26/22

Construction Status New Construction

Year Built 2004

Annual Tax Amount $5,309

Tax Year 2020

Lot Size 4,356 Sqft

Property Description

Rare opportunity to OWN a commercial property with a fully operating restaurant lease. Earn approx 5% income...3% Increase in a few months. 2+ years remain on lease. Tenant will renew with increases if new landlord wants.Tenant responsible for Insurance, Sales Tax, repairs & mt.

Location

State FL

County Palm Beach

Area 4460

Zoning multi use

Interior

Heating Central

Cooling Central

Flooring Concrete

Fireplaces Type Smoke Detector

Exterior

Garage Spaces 383.0

Utilities Available Electric, Gas Natural, Separate Meter

Waterfront Description None

Roof Type Comp Rolled

Building

Story 100.00

Construction Status New Construction

Others

HOA Fee Include Grounds/ Plants,Insurance-Bldg,Maintenance-Exterior,Trash Removal

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Financing Cash,Conventional,Exchange

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Daniel A. Hammer, Sr.

License Partner/Broker

+1(678) 575-6805

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