39 SW 6th Ave Active

Delray Beach,FL 33444

$ 1000000

- Bed

0 Bath

1200 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $833

Subdivision Delray Town Of

MLS Listing ID A11903265

HOA Y/N No

Year Built 1957

Annual Tax Amount $4,059

Tax Year 2024

Property Sub-Type Duplex

Property Description

Exceptional Opportunity Zone Development Offering in the Heart of Delray Beach!
Whether you are looking to develop, hold, or capitalize on the upcoming growth West of 5th Avenue.
Located less than one block from vibrant Atlantic Avenue and surrounded by numerous transformative projects currently progressing through the development pipeline.

Available at $1,000,000 this Opportunity Zone Development site includes:

An income-producing duplex generating over $58,000 annually

A contiguous vacant parcel, bringing the total land area to 13,940 SF

Positioned directly adjacent to the highly anticipated Delray Beach CRA redevelopment project, soon to be anchored by a 20,000+ SF grocery store.

Investors can benefit from significant federal tax advantages, including the ability to defer or potentially eliminate capital gains taxes through Opportunity Zone incentives.

This property is a standout offering in one of South Florida's fastest-growing corridors.

Location

State FL

County Palm Beach

Community Delray Town Of

Area 4470

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Concrete,Ceramic Tile

Exterior

Pool None

Utilities Available Cable Available

Roof Type Other

Total Parking Spaces 4

Private Pool No

Building

Lot Description < 1/4 Acre

Story 1

Sewer Public Sewer

Level or Stories One

Structure Type Block

Others

Tax ID 12434616010210200

Acceptable Financing Cash,Conventional

Listing Terms Cash,Conventional

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