Address306 Ne 2Nd St, Delray Beach, FL, 33483

Price$8,100,000

  • Commercial
  • 6,011 SQ FT
  • Built in 1948

This property consists of two parcels combined. The building is 6,011 square feet and has 22 office suites with 14 parking spaces on site and the square footage of the lot is 13,319. Across the street is a 23,996 square foot parking lot with 51 spaces. Great development opportunity in the heart of Delray or a great opportunity to own an income producing property downtown. Currently with a gross income of $240,000. If you are interested we are happy to discuss and provide you with any information needed. There are plans to redevelop the property and build a 51 room extended vacation hotel. Generate cash flow while you finalize the building plans. Ask about our various acquisition options: fee simple purchase, fee simple and land lease, and land lease options.

Essential Information

  • MLS® #RX-10721769
  • Price$8,100,000
  • Taxes$42,058 (2020)
  • Square Footage6,011
  • Acres0.86
  • Price/SqFt$1,348 USD
  • Year Built1948
  • TypeCommercial
  • StatusActive

Community Information

  • Address306 Ne 2Nd St
  • Area4460
  • SubdivisionDELRAY TOWN OF
  • CityDelray Beach
  • CountyPalm Beach
  • StateFL
  • Zip Code33483

Sub-Type

Income, Professional, Office

Style

Commercial, Income, Office Space

Utilities

3-Phase Electric, Public Water, Water Available

Amenities

Interior

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

Exterior

  • Lot DescriptionDELRAY TOWN OF
  • RoofTar/Gravel

Additional Information

  • Days on Website745
  • ZoningCBD

Listing Details

  • OfficeVan Arnem Properties Inc.
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Price Change History for 306 Ne 2Nd St, Delray Beach, FL (MLS® #RX-10721769)

Date Details Change
Status Changed from Price Change to Active
Status Changed from Active to Price Change
Price Increased from $7,750,000 to $8,100,000 $350,000 (4.52%)
Status Changed from Price Change to Active
Status Changed from Active to Price Change
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