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$760,000
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Property Description
Attention savvy investors! This multi family property comes with one current lease in place for all 5 units. The 5 units include an efficiency, 2 2/1 & 2 1/1. Located within close proximity of Atlantic Avenue in East Delray has a cap rate of over 7% giving the buyer a healthy return on their investment.
Full Property Details
Full Property Details for 180 SW 5th Ave
General
- Sold For: $760,000
- Taxes: $5,322
- Status: Closed
- Type: Multi-Family
- Source: Regional
- MLS ID: RX-10927352
- Added to Site: 547 day(s) ago
Interior
- Flooring: Ceramic Tile, Laminate
Exterior
- Exterior Features: Fence, Open Patio
Location
- Area: 4470
- County: Palm Beach
- Subdivision: Town Of Delray Beach
- Driving Directions: East on Atlantic Ave passed I-95, take a right onto SW 5th Ave. Property is on your right.
Heating & Cooling
- Cooling Type: Ceiling Fan, Wall-Win A/C
- Heating Type: Other
Utilities
- Utility Description: Electric, Public Sewer, Public Water
Structural Information
- Architectural Style: Duplex/Triplex/Quad
- Construction: CBS, Frame, Stucco
- Roof: Composition Shingles
- Stories/Levels: 1.0
- Square Feet: 1,968
- Year Built: 1959
Lot Features
- Zoning: RM(cit
- Lot Description: < 1/4 Acre
Financial Considerations
- Tax Amount: $5,322
Listed by Lang Realty/Delray Beach
Sold by Illustrated Properties
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Schools
Schools serving 180 SW 5th Ave
School District:Palm Beach Schools
Rating | Name | Grades | Distance |
---|---|---|---|
400 Sw 10th St, Delray Beach, FL 33444 | PK-5 | 0.8 mi | |
101 Barwick Rd, Delray Beach, FL 33445 | 6-8 | 2.2 mi | |
2455 W Atlantic Ave, Delray Beach, FL 33445 | 9-12 | 1.3 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 180 SW 5th Ave
Date
Details
Price
Change
Source
12/11/2023
Sold
$760,000
-4.88%
MLS
11/17/2023
Price Reduced
$799,000
-2.55%
MLS
10/19/2023
Price Increased
$819,900
2.62%
MLS
10/13/2023
Listed
$799,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
180 SW 5th Avenue, Delray Beach, FL 33444 (MLS# RX-10927352) is a Multi-Family property that was sold at $760,000 on December 11, 2023. Want to learn more about 180 SW 5th Avenue? Do you have questions about finding other Multi-Family real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.