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Sarah Bonin

Broker/Owner

  • Office 561-508-6904
  • Cell 561-635-4802
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1850 Palm Trl, Delray Beach, FL $2,950,000

  • $3M Price
  • 6,368 Sqft
  • .41 Acres
  • $3M Price
  • 6,368 Sqft
  • .41 Acres

1850 Palm Trl

WOW! This 8-unit Multifamily property sited on over .40 acres in a Prime location of East Delray Beach is now available! The building is composed of Four 2bed/2bath units and Four 1bed/1bath units. Six of the Eight units are occupied with a mixture of annual and month-to-month leases, perfect for investors. There is ample parking (16 spaces) with the ability to add a pool OR increase the density with an additional unit for highest ROI. Palm Trail is a highly desired street address with multi-million dollar estates adjacent to the property and minutes to Downtown Delray's Atlantic Ave. A must see!

Essential Information

  • MLS® #RX-10809723
  • Living SqFt.6,368
  • Year Built1972
  • Acres0.41
  • TypeCommercial
  • Sub-TypeIncome, Other
  • StyleResident. Multi-Fam.
  • StatusPrice Change
  • Price$2,950,000

Community Information

  • SubdivisionSNOW HILL
  • Address1850 Palm Trl
  • Area4220
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Amenities

  • Utilities3-Phase Electric

Interior

  • AppliancesBuilding and Land
  • HeatingCentral Individual
  • CoolingCentral Individual
  • # of Stories2

Exterior

  • Lot DescriptionSNOW HILL IN
  • RoofComp Shingle
  • ConstructionCBS

Additional Information

  • ZoningR-1-A

Listing Details

  • OfficeKorman Realty LLC
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Price Change History for 1850 Palm Trl, Delray Beach, FL (MLS® #RX-10809723)

Date Details Change
Status Changed from Active to Price Change
Price Reduced from $3,200,000 to $2,950,000 $250,000 (7.81%)
Status Changed from New to Active

All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright ©2022 BeachesMLS, Inc.

Listing information last updated on August 19th, 2022 at 12:15am EDT.