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226 - 218 NE 5th Terrace, Delray Beach, FL 33483
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$2,550,000
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Home Details for 226 - 218 NE 5th Terrace
Price
$2,550,000
Type
Multi Family
Year Build
1961
Sq. Ft.
2923
County
Palm Beach
Tax
$10,637
MLS®️ Listing#
F10471271
On exitrealty.com
269 days
Property Description
Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income.
Seller Financing Options Available!
(All future bookings can be transferred to new owner)
Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!
- Cooling Information
- Wall/Window Unit(s)
- Zoned
- Heating Information
- Other
- Zoned
- Water Features
- Well
- Utilities
- Cable Available
Listing Courtesy: Warehouse Realty - 954-516-0000
All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2025 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.The listing broker's offer of compensation is made to participants of BeachesMLS, where the listing is filed, as well as participants of MLSs participating in MLSAdvantage or a data share with BeachesMLS.
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445
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$2,550,000
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EXIT REALTY DELRAY
1200 NW 17th Avenue Suite 4, Delray Beach, FL 33445