711 SE 2nd Street , Whole Building

Description

Value-Add Opportunity in the Delray Beach Marina District! Huge income upside. Recently UPDATED marble floors top of the line finishes fully furnished just steps from all the shopping and dining on ATLANTIC AVE. and the best BEACHES in SOUTH FLORIDA. two studio units and two 2 bed 1bath units, all equipped with modern kitchens and bathrooms and each unit has a new stackable W/D, AC, electric meters, a private patio, secure pet friendly fenced yard. Marina slip rental adjacent to put your yacht. NO rental restrictions. Freshly painted, new fence, all new landscaping. Perfect for vacation rentals, AirBNB. TRIPLENET LEASE, Potential rental rates based on Airbnb and MLS.Unit 1 : Bedrooms: 2; Full Bath: turnkey SqFt: 840; Monthly Income: $5,500 - $8,000Unit 2 Info: turnkey studio; Full Bath: 1; Full Kitchen, Private Patio SqFt: 285; Monthly Income: 2,800; Lease Ends: 04/01/2023 - $4,500 Unit 3 Info: turnkey studio; Full Bath: 1; Full Kitchen, Private Patio SqFt: 285; Monthly Income: 3,000 - $4,500 Unit 4 Info: Bedrooms: 2; Furnished turnkey SqFt: 840; Patio; Lrg. side yard, Monthly Income: 5,500 $8,500 Taxes: 14,292.1 Tax Year: 2021