610 SE 2nd Avenue
$1,100,000
610 SE 2nd Avenue, Gulf Stream, FL 33483
38,543
NOI
1,900 sqft
Building Size
Details:
Highlights:
- Lot Features: 1/4 To Less Than 1/2 Acre Lot, Less Than 1 Acre, Oversized Lot, Fenced
- Gross Income: 61800
- Bathrooms Total: 0
- Documents Available: Copies Of Lease(S)
- Architectural Style: Twin Home, Half Duplex, One Story, Twin Homes
- Cooling: Ceiling Fan(s), Central Air, Electric
- Heating: Central, Electric
- Flooring: Ceramic Floor
- Construction Materials: Frame, Frame With Stucco, Stucco
Description:
Rare opportunity to own a versatile investment property in the highly desirable Osceola Park neighborhood of Delray Beach. Currently configured as two separate residences, this unique property offers immediate rental income while presenting exceptional long-term redevelopment potential. The property features two fully renovated residences, including a 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath unit. Both offer in-unit laundry, comfortable, functional living spaces, and are currently rented, providing immediate income from day one while offering outstanding flexibility for future plans. Situated on a generously sized lot in one of Delray Beach's fastest-growing neighborhoods, the possibilities are endless. Continue generating rental income, hold as a long-term investment, or create your dream home in this thriving community. The roof was replaced in 2021. For those looking to maximize development potential, the adjacent vacant lot at 618 SE 2nd Avenue is also available for purchase. Buy one or both properties to create a rare assemblage opportunity in one of Delray Beach's most sought-after neighborhoods. The neighboring lot is shovel-ready, while this property provides immediate rental income as you plan your vision for the future. Osceola Park is one of Downtown Delray Beach's original neighborhoods, celebrated for its historic charm, walkability, and prime location. Just minutes from Atlantic Avenue and the beach, residents enjoy easy access by foot, bike, or golf cart to award-winning restaurants, boutique shopping, art galleries, entertainment, and the vibrant downtown lifestyle. Whether you're an investor, builder, or homeowner with a vision, this is a rare opportunity to own a property that provides immediate income today and exceptional possibilities for the future.
Location
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