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$617,500

38 SW 8th Avenue

38 SW 8th Avenue

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38 SW 8th Avenue

$617,500 | 38 SW 8th Avenue, Delray Beach, FL 33444

Downtown Delray Beach investment dream property. The property has been converted to a 3-unit property with the main house being sectioned off into 2 units. The front unit is a fully updated efficiency apartment collecting $1,275 monthly. The back half of the main home is a 2 bed / 1 bath home will a full kitchen and living area. We are collecting $2,350 per month. The garage is currently being converted into a large modern updated 1 bed / 1 bath apartment. Projected income of $2,000 per month. The home is in need of a new owner to be finished and to collect the rent of this property. Potential galore including air bnb as well. Don't miss out on rental income and long-term appreciation in the Delray Beach market as the property is 1 block within Atlantic Ave with devlopment all around area.

  • Sold

    Status
  • 4

    Bedrooms
  • 2

    Bath
  • 1,260 Sq.Ft.

    Living Area
  • 6,001 Sq.Ft.

    Acres Lot
  • 1959

    Year Built

Features & Amenities

Area & Lot

Status:
Sold
Living Space:
1,260 Sq.Ft.
Lot Size:
6,001 Sq.Ft.
MLS® ID:
R10876662
Type:
Residential
Year Built:
1959
Architecture Styles:
Mediterranean
View Description:
Garden

Interior

Total Bedrooms:
4
Total Bathrooms:
2
Full Bathrooms:
2
Flooring:
Vinyl
Appliances:
Cooktop, Dishwasher, Electric Water Heater, Disposal, Microwave, Refrigerator
Other Interior Features:
Garden Tub/Roman Tub, Living/Dining Room

Exterior

Stories:
1 Floors
Water Source:
Public
Utilities:
Sewer Available, Water Available
Pool:
None
Roof:
Spanish Tile, Tile
Lot Features:
Sprinklers Automatic, 1/4 Acre
Parking:
Driveway, Two or More Spaces
Heat Type:
Central, Wall Furnace
Air Conditioning:
Central Air, Wall/Window Unit(s)
Sewer:
Public Sewer
HOA Amenities:
Other
Other Exterior Features:
Fence, Patio, Room For Pool

Financial

Sales Price:
$617,500
Real Estate Taxes:
$4,420/yr

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She is more than just the local area expert. As a lifelong resident of the beautiful Jupiter/Tequesta area, McKinley is passionate about her town and enjoys assisting others as they move into the area or just move across town.

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