Lease to Own
Address
306 NE 2nd Street Delray Beach, FL
Price
$ 6,934,638
Property Attributes
  • MLS#RX-10721769
  • TypeCommercial
  • CountyPALM BEACH
  • CityDelray Beach
  • Area4460
  • NeighborhoodDelray Town Of
  • Zip33483
  • StyleIncome,Professional Office
  • Year Built1948
  • Taxes$ 42058
  • Price$ 6,934,638
  • Bedrooms0
  • Full Bathrooms3
  • Half Bathrooms0
  • Sqr Footage6011
Listing Provided Courtesy Of:
Van Arnem Properties Inc.
Data Source:
Beaches MLS
Property Description

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.

Price History
6/5/2021 Listed $4,900,000
8/11/2021 100% - $1

General Features

Area 4460
Auction No
Built Desc Resale
Cooling Central
Flooring Laminate, Tile
For Lease No
Geo Area PB06
Geo Lat 26.465065
Geo Lon -80.069505
Heating Central
Legal Description DELRAY TOWN OF 50 FT STRIP LYG ELY OF & ADJ TO FEC RY CO R/W (LESS NLY 138.54 FT) BLK 90 & N 100 FT LYG BET FEC RY CO &
Possession At Closing
Property Type E
Roof Tar/Gravel
Status Active
Stories 2.0
Subdivision DELRAY TOWN OF
Tax Year 2020
Tenant Pays None
Terms Considered Cash
Type Industrial
Type Of Building Commercial, Income, Office Space
Use Income, Professional Office
Utilities Electric, Public Water, Water Available
Virtual Tour https://www.propertypanorama.com/306-NE-2nd-Street-Delray-Beach-FL-33483/unbranded
Waterfront No
Year Built 1948
Zoning CBD

Interior Features

Total Number of Units 22

Exterior Features

Sale Includes Building and Land
Lot Size 0.86
Property Desc DELRAY TOWN OF

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Commercial Average in 33483

Price
AVG $1.95M
$6.93M
Taxes
AVG $26,925
$42,058
Visits
AVG 249
259
Year Built
AVG 1957
1948
Walkscore
AVG 74
82
Data Provided by Walkscore ® not using MLS data

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