Duplex For Sale

226 - 218 NE 5th Terrace, Delray Beach, FL 33483

$2,550,000
2,923
Property Description

Priced Below Market Value for Quick Close! Rare investment opportunity with two buildings on a double lot totaling 17,396 sq ft, featuring four income-generating units. Located in a prime area just 5 blocks north of Atlantic Ave and 2 blocks from Pineapple Grove in Del Ida Park Historic District—perfect for Airbnb or VRBO rentals. Includes eight parking spaces and a spacious courtyard for added value. Each home has split electric meters. High ROI potential in a high-demand rental area close to the Ocean and Avenue. A turnkey property ready to generate seasonal or annual rental income.

Seller Financing Options Available!

(All future bookings can be transferred to new owner)

Units include renovated Kitchens & Bathrooms + washer/dryer. New HVAC Units as well!

Basic Details
Listing Type : For Sale
Price : $2,550,000
Square Footage : 2,923
Property Sub Type : Duplex
Features
: Zoned, Wall/Window Unit(s)
: Balcony, Patio, Porch, Open, Screened
Public Sewer
Impact Glass
Other, Zoned
Tile
None
Composition, Shingle
Location
US
FL
Palm Beach
Delray Beach
33483
I-95 to Exit Atlantic Avenue East then North/Left on NE 2nd Avenue then East/Right on NE 5th Terrace to property on South/Right.
4360
226 - 218 Ne 5th Terrace, Delray Beach, Florida 33483
Extended Details
Balcony,Enclosed Porch,Fence,Fruit Trees,Porch,Patio,Room For Pool
Virtual Tour URL
DEL IDA PARK
03.07.2025
Block
Cash,Conventional,1031 Exchange
Cable Available
1/4 to 1/2 Acre Lot
4
OSSHAD
2021
Close Of Escrow
$0
Warehouse Realty
Matthew Avelar
Monthly
Non-Gated
One
Canceled
2024-11-12
2600000
Cable TV,Water
Listed As-Is
2025-03-07T13:46:15Z
1
10637.0
https://www.propertypanorama.com/226-218-NE-5th-Terrace-Delray-Beach-FL-33483--RX-10805618/unbranded
Well
FTL
Property TypeDuplex
StatusCanceled
Listing IDF10471271
Year Built1961
Mortgage Calculator
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Realtyna

Nadereh (Nana) Rezaie, P.A.  Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™

Nana Rezaie 561-660-1948

Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.

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