About This Property
Residential in Delray Beach
Income-Producing Redevelopment Opportunity in East Delray Beach! Surrounded by newly constructed luxury properties and significant neighborhood transformation, this property presents an outstanding opportunity for builders, developers, investors, or end users seeking long-term value and future upside. The residence is currently leased through 2028 with a scheduled 3% rent increase in 2027, providing immediate cash flow while architectural plans, engineering, permitting, and future redevelopment are pursued. Whether your vision is to renovate and significantly expand the existing residence or construct a new custom estate, this property offers exceptional long-term potential.
Features & Amenities
Property Highlights
Roof
- Shingle
Sewer
- Public Sewer
Cooling
- Ceiling Fan(s)
- Central Air
Fencing
- Back Yard
Heating
- Central
Flooring
- Tile
Utilities
- Electricity Connected
- Sewer Connected
- Water Connected
Appliances
- Dishwasher
- Disposal
- Dryer
- Freezer
- Gas Range
- Ice Maker
- Microwave
- Refrigerator
- Washer
- Water Heater
- Range
- Electric Water Heater
Possession
- Subject To Tenant Rights
Room Types
- Kitchen
- Laundry
- Living Room
- Master Bedroom
LotFeatures
- Fruit Tree(s)
- Landscaped
WaterSource
- Public
Lot Features
- Fruit Tree(s)
- Landscaped
Pets Allowed
- No Restrictions
PoolFeatures
- In Ground
- Private
- Salt Water
Restrictions
- No Restrictions
Water Access
- None
Water Source
- Public
Listing Terms
- Cash
- Conventional
- FHA
Patio Details
- Patio - Covered
- Patio - Open
Pool Features
- In Ground
- Private
- Salt Water
Porch Details
- Porch - Open
Structure Type
- House
OtherStructures
- Storage
ParkingFeatures
- Driveway
Pets Allowed YN
- Yes
Tax Information
- No Homestead
InteriorFeatures
- Built-in Features
- Kitchen Island
- Storage
Laundry Features
- Inside
- Laundry Closet
Other Structures
- Storage
Parking Features
- Driveway
Interior Features
- Built-in Features
- Kitchen Island
- Storage
Road Surface Type
- Paved
Master BedroomBath
- 2 Master Baths
Property Condition
- Resale
- UpdatedRemodeled
Road Frontage Type
- City Street
- East of US-
WaterfrontFeatures
- None
Acreage Description
- 14 To Less Than 12 Acre Lot
- Less Than 1 Acre Lot
Road Responsibility
- Public Maintained Road
Showing Requirements
- 24 Hour Notice
- Appointment Only
- Call Listing Agent
- Occupied
- Text Listing Agent
Water Heater Details
- Electric Water Heater
Outdoor Living Spaces
- Patio
- Porch
PatioAndPorchFeatures
- Porch - Open
- Patio - Open
- Patio - Covered
- Porch
- Patio
Construction Materials
- CBS
SpecialListingConditions
- Standard
Leasing Permitted Details
- Okay To Lease
Special Listing Conditions
- Standard
Specifications
Property Details
Location