180 Southwest 5th Avenue

Delray Beach, FL 33444

$760,000
Last Sold Price
Beds
1,968 Sq. Ft.
$386 / Sq. Ft.
1,968
Sq. Ft.
$386
per Sq. Ft.

Description

Attention savvy investors! This multi family property comes with one current lease in place for all 5 units. The 5 units include an efficiency, 2 2/1 & 2 1/1. Located within close proximity of Atlantic Avenue in East Delray has a cap rate of over 7% giving the buyer a healthy return on their investment.Attention savvy investors! This multi family property comes with one current lease in place for all 5 units. The 5 units include an efficiency, 2 2/1 & 2 1/1. Located within close proximity of Atlantic Avenue in East Delray has a cap rate of over 7% giving the buyer a healthy return on their investment.
  1. Listed by Noreen Payne • Lang Realty/Delray Beach
  2. Listed by Amy Stark Snook • Lang Realty - Boynton Beach

Property Details for 180 Southwest 5th Avenue

Subdivision
Town of Delray Beach
Waterfront
No
Waterfront Details
None
View
Garden, Other
Style
No Pool/No Water

Location

Listing Courtesy of Lang Realty/Delray Beach; Lang Realty - Boynton Beach

Sold By Illustrated Properties

Add your commute
LISTING UPDATED: 12/12/2023 12:49 PM

Property Details for 180 Southwest 5th Avenue

StatusClosed
MLS #RX-10927352
Days on Market40
Taxes$5,322 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1959
Lot Size0.15 AC / 6,717 SF
CountyPalm Beach County

Location

Listing Courtesy of Lang Realty/Delray Beach; Lang Realty - Boynton Beach

Sold By Illustrated Properties

Add your commute

Building Information for 180 Southwest 5th Avenue

Stories1Residences5Year Built1959Building Size-Lot Size0.15 AC / 6,717 SF

Payment Calculator

$4,591 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,148

Property Taxes

$444

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 180 Southwest 5th Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: East on Atlantic Ave passed I-95, take a right onto SW 5th Ave. Property is on your right.
  • Elementary School: Pine Grove Elementary School
  • Middle School: Carver Community Middle School
  • High School: Atlantic High School
  • Geo Area: Palm Beach 4220a; 4230b; 4360a; 4370b
  • Special Info: Sold As-Is
  • Street Number: 180
  • Subdivision Complex Bldg: Town of Delray Beach
  • Municipal Code: Delray Beach
  • State: FL
  • City Postal ID: 33444
  • MLS Area: 4470
  • MLS Sub Area: PB06
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • Comm/Trans Brk: 2.5%
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
  • HOA Dues: $0
Property
Lot Information
  • Area: 4470
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 12434616010220190
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 2,072
  • Square Ft Source: Tax Rolls
  • Zoning: RM(cit
Property and Assessments
  • Legal Desc: TOWN OF DELRAY N 50 FT OF S 95 FT OF E 135 FT OF S 1/2 OF BLK 22
  • Sq Ft Liv Area: 1968.0
  • Legal Description: TOWN OF DELRAY N 50 FT OF S 95 FT OF E 135 FT OF S 1/2 OF BLK 22
Utilities
  • Utilities: Electric, Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction, Frame Construction, Frame With Stucco, Stucco Exterior Construction
  • Exterior Features: Fence, Open Patio
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Comp Shingle
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Ceiling Fan, Wall-Win A/C
  • Flooring: Ceramic Tile, Laminate
  • Heating: Other
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $56,578.00
  • Income & Expenses: Annual Total Expense: $15,422.00
  • Income & Expenses: Gross Operating Inc: $72,000.00
  • Tenant Pays: Cable, Electric, Water
Unit 1
  • Unit 1 Desc: A/C Unit, Dryer, Washer
  • Unit 1 Info: Efficiency
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 03-31-2024
  • Unit 1 Info: Monthly Income: 6,000
  • Unit 1 Info: SqFt: 1.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator, Stack Bedrooms
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 03-31-2024
  • Unit 2 Info: Monthly Income: $0
  • Unit 2 Info: SqFt: 1.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: A/C Unit, Kitchen, Microwave, Range - Electric, Refrigerator, Stack Bedrooms
  • Unit 3 Info: Bedrooms: 2
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Lease Ends: 03-31-2024
  • Unit 3 Info: Monthly Income: $.00
  • Unit 3 Info: SqFt: 1.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: A/C Unit, Kitchen, Range - Electric, Refrigerator, Split Bedrooms
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Lease Ends: 03-31-2024
  • Unit 4 Info: Monthly Income: $.00
  • Unit 4 Info: SqFt: 1.0
  • Unit 4 Parking: Open Parking
Agent
Agent Only
  • Selling Agent Full Name: Antony Kritharis
  • Selling Office Branch ID: 608359
Rental
Rental Information
  • Pets on Premises: No

Property History for 180 Southwest 5th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 180 Southwest 5th Avenue

Taxable ValueLand$175,960Additions$233,983Total$409,943
Tax Record2023$5,315 ($443 / month)
Home Facts
Baths1Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories1Lot Size6,717 SqFtStyleDuplexYear Built1959Year Renovated1969ZoningRMCountyPALM BEACHAPN12-43-46-16-01-022-0190

Schools near 180 Southwest 5th Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Pine Grove Elementary School
PublicPK to 5

Carver Middle School
Public6 to 8

Atlantic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Lang Realty/Delray Beach; Lang Realty - Boynton Beach

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.