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Darrin Simmons
Darrin Simmons Real Estate

40 Country Lake Circle
Boynton Beach, FL 33436
Phone: 561-702-9876
Email: darrin@darrinsimmons.com
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Listing 1 out of 15
Sold for $925,000 Closed

105 NW 5th Avenue
Delray Beach, FL 33444

8 units |
4,816 sq ft,
0.24 acre lot
Commercial: Hotel/Motel/Hospitality - MLS# RX-10233407
Property Photo
1/7

Sold

Sold for $925,000 on Feb 15, 2017

Description

Here's a rare opportunity to invest in the downtown Delray Beach area. This building is currently zoned commercial, mixed use. The upstairs consists of 7 boarding rooms with hot & cold water sink in each, 2 full baths at the end of the hall and an efficiency apartment. The owner occupies part of the downstairs area which is a 2 bedroom, 2 bath with a kitchen, family room, dining area and living room. There is also a large laundry room, bonus area that is perfect for an office. This building also includes a street side restaurant. The current owner use to operate the restaurant about 30 years ago before shutting it down. The building is only 1 block West of the courthouse and tennis center and 1.5 blocks North of Atlantic Ave. Building needs complete restoration. Sold As-Is.

Features

  • % Air Conditioned: 60
  • Sold Price: 925000
  • Sq.Ft.: 4816
  • SqFt Source: Tax Rolls
  • Stories: 2.0
  • Sub Type: Hotel/Motel/Hospitality
  • Subdivision: Delray Town Of
  • Subdivision/Neighborhood: Delray Town Of
  • Tenant Pays: Cable, Electric
  • Total Baths: 5
  • Type of Building: Commercial, Free Standing, Hotel/Motel, Restaurant
  • Units: 8
  • Utilities: Cable, Electric, Public Sewer, Public Water
  • Year Built: 1961
  • Zip Code: 33444
  • Sold Date: 2017-02-15 00:00:00
  • Security: Burglar Alarm
  • Area: 4460
  • Baths (full): 5
  • Ceiling: Plaster
  • Construction: Cement Block and Stucco (CBS)
  • Cooling: Ceiling Fan, Wall-Win A/C
  • County/Area: Palm Beach County
  • Flooring: Carpet, Parquet Floor, Terrazzo Floor, Tile
  • For Sale: Yes
  • Listing Status: Closed
  • Location: City
  • Lot SqFt: 10454.4
  • Property Type: Commercial
  • Roof: Comp Rolled
  • Sale Includes: Building And Land
  • Zoning: Comm., Mixed Us

© 2017 Beaches MLS & South Florida MLS. All rights reserved. Information deemed to be reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the IDX Program of Beaches MLS & South Florida MLS. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate, is prohibited. All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2017 Beaches Multiple Listing Service, Inc. Information last updated on 2017-08-20.

 
Boynton Beach, FL 33436 
561-702-9876 | Email Me