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341 SE 2nd Avenue

Delray Beach FL, 33483

$3,150,000


Active

Commercial

Built in 1957

Investor's dream! Double lot gem (13,260sqft) and multiple use zoning in the booming SofA District in East Delray, just blocks from Atlantic Avenue and the beach. Rare CBD-RC zoning allows both residential and commercial use. New owner can build up to five floors for mixed use space. Current zoning allows for 30 units/acre. 70 units/acre allowed provided that the project contains 20% workforce housing. Light industrial, warehouse, and multi family use potential. Long term, month-to-month tenants in place providing the option for a steady revenue stream (please do not disturb tenants).

R11028670

MLS ID

October 15, 2024

Listed

October 16, 2024

Updated

Map

341 SE 2nd Avenue
Delray Beach FL, 33483

Interior Features

Total Stories

1


Floor Description

Concrete, Tile


Fireplace

No


Cooling

Yes


Cooling Description

Central Air, Electric


Heating

Yes


Heating Description

Electric

Exterior/Building Features

Lot Size

0.3 Acres


Roof

Other


Sewer

Public Sewer

Other Property Details

Area Name

4370


Taxes

$17,611


Tax Frequency

Annually


Garage

No


View

No


County

Palm Beach


Water Source

Public


Pool

No

Listed by: Douglas Elliman
Listing Contact:  

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Data last updated 10:39 AM UTC, 10/16/2024

 

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