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    3416 S Federal Highway

    Delray Beach, FL 33483
    • $1,895,000
    • STATUS: Active
    • ON SITE: 261 days
    • ID#: RX-10579329
    UPDATED: 48 min ago
    $1,895,000
    • 0
      BEDS
    • 0.85
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,415
      SQFT
    • $429
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1978
    County:
    Area:

    School Ratings & Info

    Description

    Welcome to Paradise! You CAN have it ALL! Take this opportunity to own a piece of Delray Beach, Florida. Prime real estate, nestled in a high traffic area of Federal Highway on the border between Boca Raton & Delray Beach, w/ North & South turning lane access. Use your imagination about the possibilities...currently occupied by 2 long term tenants for an investor, w/ so many options for future growth! Property has 2 Tenants: Vado Physical Therapy is on a month to month lease and is interested in remaining in the space if possible. Delray Fresh is a well established Take out/Catering Deli & Restaurant that has approx 7 years left on it's lease. Delray Fresh is also for sale as a business by a different owner, asking $400,000.00. Come see this unique opportunity to own a piece of Paradise!

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    www.daltonwadesouthflorida.com/homes/101126552
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    3416 S Federal Highway Delray Beach, FL 33483

    • Price: $1,895,000
    • Status: Active
    • Updated: 48 min ago
    • ID#: RX-10579329
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.85
    Acres
    4,415
    SQFT
    $429
    $/SQFT
    1978
    Built
    Neighborhood:
    Delray Beach
    County:
    Palm Beach
    Area:
    Delray Beach
    Property Description
    Welcome to Paradise! You CAN have it ALL! Take this opportunity to own a piece of Delray Beach, Florida. Prime real estate, nestled in a high traffic area of Federal Highway on the border between Boca Raton & Delray Beach, w/ North & South turning lane access. Use your imagination about the possibilities...currently occupied by 2 long term tenants for an investor, w/ so many options for future growth! Property has 2 Tenants: Vado Physical Therapy is on a month to month lease and is interested in remaining in the space if possible. Delray Fresh is a well established Take out/Catering Deli & Restaurant that has approx 7 years left on it's lease. Delray Fresh is also for sale as a business by a different owner, asking $400,000.00. Come see this unique opportunity to own a piece of Paradise!
    Exterior Features

    Construction Aluminum SidingBlockCbs Roof Other

    Interior Features

    Bath Toilets 2.00 Cooling CentralElectricZoned Flooring OtherTile Heating CentralElectricZoned Miscellaneous2 OfficeOutside StoragePublic RestroomRestaurantShowroomStorageTraffic Heavy Percent Air Conditioned 100.00

    Property Features

    Available Docs AerialSurvey Available Info Existing Survey Fire Protection Smoke Detector For Lease No For Sale Yes Lease AnnualMonth To Month List Office Board Code Realtor Association Of The Palm Beaches (Rapb) Meters 2.00 Possession At ClosingSubject To Lease Sale Includes Building And Land Special Info Presently Leased Tax Amount Real Estate Taxes 22865.00 Tax Year 2019 Tenant Pays CableElectricSewerWater Tenants 2 Terms Considered CashConventionalOwner Type Of Building CommercialFree StandingMedicalOffice/RetailRestaurantRetailStrip Store Use OtherProfessional OfficeRetail Utilities ElectricPublic SewerPublic Water

    Listing provided courtesy of Signature Paradise Realty Int'l. Listing information © 2020 BeachesMLS
     
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    Dalton Wade
    Station House 260 1st Avenue South, 5th floor
    St. Petersburg FL, 33701