🏡 New Off Market Single Family Home | Delray Beach, FL 🏠

Palm Beach County, Delray Beach, FL, 33445
Sold
Listed at: August 13th, 2023
Price
$415,000
ARV
$485,000
Gross Margin
$70,000
Sq. Footage
1345
Type
Single-Family
Parking
Driveway
Year build
1957
Lot size
10620.00 acres
Bedrooms
3
Bathrooms
1
Half Bathrooms
0
Summary

INVESTOR SPECIAL! GET IT BEFORE IT'S GONE!

Check out this 3 bedrooms, 1 bath, off market Single Family Home in Delray Beach, FL. Newly renovated Vacant 3/1 Single Family Home comes with the following Features and Warranties: No HOA, Brand New :Roof (30 years warranty), A/C + Ducting System (10 years warranty), S.S Appliances (5 years warranty), Electrical System (30 years), Water Heater (10 years) + 6 months worry free G.C warranty on all remodeling work. Perfect for AirBnb or long term rental, Lots of fruit trees, 7 car parking , 2 master bedrooms. Used to be rented at $4400/month AND PREVIOUS TENANTS WOULD LOVE TO MOVE BACK IN AT THAT RATE. This property can be delivered with tenants at closing. Signed and Sealed Architectural Plans available for 4th bedroom and 2nd bath addition if wanted

Details About The Addition: The addition does not go fully to the backend of the property, because they planned to put there a kidney-shaped pool. Changes in the dimensions (bigger or smaller) of the additional can be done without any charge for the engineer. Electricity panel, water heater, and AC were installed with the addition in mind and have extra capacity for this (extra space for circuit breakers in the electricity panel, ducting AC has been left open for extension). As you can see, the location of the new bathroom is next to the existing bathroom to reduce plumbing. Rate of the company that would build the extension: $100/ Sq ft. Would also apply if you would add/ reduce space. Following items are already purchased by the seller and can be picked up for free after the closing date (Drywall + compounds/ buckets, both new windows, both new doors, some tiles for the bathroom, some plywood for the new roof, some roofing rolls) Recently painted, New Roof (30 years warranty), New A/C + Ducting System (10 years warranty), Electrical System (30 years), Water Heater (10 years), 6 months worry free G.C warranty on all remodeling work. Electrical and plumbing in good working condition. No Structural issues.

This single-family home has 1,345 square-feet of living area on a 10,620 square-foot lot. After repaired value of $485,000 buy it now for only $415,000. Potential as a cash flow investment with market rent at $3,000 per month.

Property Information 🏡

  • Rehab Level: Good Condition
  • Short Term Rentals: Allowed
  • Electrical Panel: Good Condition
  • Air Conditioner: Good Condition
  • Water Heater: Good Condition
  • Roof: Good Condition
  • Foundation: Slab
  • Occupancy: Occupied. Vacant at closing.

Market Rent 💰

  • Monthly Rent: $3,000/Month

✅ PURCHASE PRICE ONLY - $415,000

✅ AFTER REPAIR VALUE - $485,000

✅ REPAIRS NEED - None

Call or text us for additional property information and showings, won't last long!

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

Calvin Sibley

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