214 SE 4th Avenue
Delray Beach, FL 33483
Karolina Sutherland
(720) 935-4744
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Ready To Go See It
MLS# | RX-10650763 | Type | Quad Plex |
Status | Pending | Sq.Ft | 0 |
Beds | 0 | Stories | 1 |
Baths | 0 | Taxes | $9,645 |
Interior features |
Exterior features |
One of a kind CASH COW, two blocks off ''the Ave'' GUT RENO/4-Unit Investment Prop w/heated pool. All new renovation to the core. Lucrative margins!!! Lux, furnished turnkey Villas...operated as exec or vacation rental. Always full. 5-Star Reviews. ''Melrose Place'' compound w/many repeat guests.NOI >$176K/year in 2020 when 1/2 year was closed to Covid!!! NOI would be double. 9.55% Cap Rate. Can build up- double sq feet- 2nd story.Owner does NOT need to sell, but considering larger project.Before-and-After Reno photos provided upon request & all building plans, books, reviews (4.9), occupancy reports, etc.311 SE 3rd Ave Duplex income producing a few doors down also available, also cash cow and fully renovated.
Listing provided courtesy of Illustrated Properties.
To see full listing details, please visit the broker website for more informations.