Renovated Delray Beach Home with Great Tenants in Place on an RM-Zoned Lot. This fully renovated 2 bed, 1 bath single-family home sits in one of South Florida's most dynamic growth corridors, just a few blocks from Atlantic Avenue and about 10 minutes from Delray's award-winning beaches. Renovated in 2023, the home features a modern kitchen with quartz countertops, new cabinetry, stainless steel appliances, a tile backsplash, along with an energy-efficient ductless A/C system, ample parking, and a laundry facility. Excellent, reliable tenants are already in place, providing income from day one. The generous 6,793 sq ft lot is zoned RM (Medium Density Residential), which permits multi-family and two-unit development such as duplex/ attached townhomes under Delray Beach's Land Development Located within Delray's CRA redevelopment area and close to shopping, dining, and vibrant nightlife, this property offers steady rental income now and significant upside as the city continues major infrastructure and redevelopment initiatives. A rare opportunity to own a cash-flowing home with room to grow in one of South Florida's most sought-after destinations. Buyer to verify zoning, permitted uses, and development potential with the City of Delray Beach.
| MLS # | B26091457 |
|---|---|
| Listing Type | For Sale |
| Style | House |
| Sub-Type | Resale |
| Status | Active |
| Year | 1930 |
| Days On Site | 10 |
| Listing Provided By | EXP Realty | Stefanie I Bauer |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 1 Total |
| SQ Feet | 736 |
| Story(s) | 1 |
| Zoning | RM (city) |
| Acreage | 0.16 |
| Water Front | Yes |
| Lot Features | Less Than Quarter Acre |
|---|
| Garage Yes / No | No |
|---|---|
| Parking Features | Aggregate |
| Tax Annual Amount | 5951.31 |
|---|
| State | FL |
|---|---|
| County | Palm Beach |
| City | Delray Beach |
| Zip Code | 33444 |
| Area | 4470 |
| Subarea | PB06 |
| Community Name | LINCOLN PARK |
| Listing VS Median (in LINCOLN PARK) | |
Price: $425,000 low | high Med: $213,825 sqft: 736 low | high Med: 1,001 $ / sqft: $577 low | high Med: $290 On site: 10 low | high Med: 9.5 | |
| State | FL |
|---|---|
| County | Palm Beach |
| City | Delray Beach |
| Zip Code | 33444 |
| Area | 4470 |
| Subarea | PB06 |
| Community Name | LINCOLN PARK |
| Listing VS Median (in LINCOLN PARK) | |
Price: $425,000 low | high Med: $213,825 sqft: 736 low | high Med: 1,001 $ / sqft: $577 low | high Med: $290 On site: 10 low | high Med: 9.5 | |