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173 Se 5th Av, Delray Beach, FL – $2,125,000

  • 4 Beds
  • 2 Baths
  • 3,162 Sqft
  • .18 Acres
  • 4 Beds
  • 2 Baths
  • 3,162 Sqft
  • .18 Acres

173 Se 5th Av

Prime real estate opportunity right in downtown Delray Beach and Atlantic Avenue! Property consists of Two buildings, 9 units total.(161/173 SE 5th) Total monthly gross income is $11,350/mo. Fully rented, updated kitchens, large one bedrooms and studios, tons of parking in front & back of building, & coin operated laundry. Back alley for parking, entry to building, and trash. Beautiful courtyard next to the buildings. Partial hurricane shutters. One water meter each building and separate electric meters for each unit. In the heart of new development near brand new hotel, retail and iPic movie theater! Don't miss out on this rare opportunity to own a piece of Delray Beach! 161 SE 5th Available for sale separately for $1.150,000. 173 SE 5th only sold as part of both buildings at $2,300,00

Essential Information

  • MLS® #RX-10576229
  • StatusActive
  • Price$2,125,000
  • Bedrooms4
  • Bathrooms2.00
  • Full Baths2
  • A/C Square Footage3,162
  • Total Square Footage3,162
  • Acres0.18
  • Year Built1946
  • Sub-TypeQuad Plex
  • StyleNo
  • RestrictionsTenant Approval

Community Information

  • Address173 Se 5th Av
  • SubdivisionDELRAY TOWN OF
  • CityDelray Beach
  • CountyPalm Beach
  • Zip Code33483

Amenities

  • Parking Spaces9
  • WaterfrontNone

Utilities

Cable, 3-Phase Electric, Public Sewer, Public Water

Interior

  • HeatingNo Heat
  • CoolingCentral, Wall-Win A/C
  • # of Stories2

Exterior

  • Exterior FeaturesFence, Open Patio, Open Porch
  • WindowsHurricane Windows
  • ConstructionCBS

Lot Description

< 1/4 Acre, 1/4 to 1/2 Acre, Public Road, Interior Lot, Sidewalks, Treed Lot, East of US-1

Roof

Built-Up, Tar/Gravel, Flat Tile

Additional Information

  • Date ListedNovember 7th, 2019

Listing Details

  • OfficePosh Properties
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Price Change History for 173 Se 5th Av, Delray Beach, FL (MLS® #RX-10576229)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Reduced from $2,149,000 to $2,125,000 $24,000 (1.12%)
Status Changed from Price Change to Active
Price Increased from $1,990,000 to $2,149,000 $159,000 (7.99%)
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Posh Properties.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2020 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed.
© 2020 Beaches Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 30th, 2020 at 11:31am EDT.