$80,000
Delray Beach, FL 33483
MLS# F1257574
Status: Closed
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Property Description
CURRENT OWNER HAS BEEN RUNNING PAST 11 YEARS! OWNER'S POOR HEALTH FORCES TO SELL BUSINESS! HEAVILY TRAFFICED MAIN THOROUGHFARE! (ZERO MILE TO BEACH) YOU CAN TAKE $10K A MONTH! INVENTORY OF MERCHANDISE, ESTIMATED $70K IS INCLUDED IN SELLING PRICE! TOO GOOD TO BE TRUE? BUT IT IS TRUE!!
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2013-09-23
Status: Closed
Original List Price: 100000
Sold Price: $80,000
Current Price: $80,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Postal Code: 33483
Geographic Area: PB05
Country: United States
Street Number: 1155
Street Direction Prefix: E
Street Name: Atlantic
Street Suffix: Avenue
State Or Province: FL
Area: 4140
Zoning: CBD
Directions: CALL LA FOR ADDRESS AND DIRECTIONS
General Property Information
Occupant Type: Owner
Occupied Area: 1000
Lot Size Area: 0
Ownership Type: Corporation
Training Available YN: Yes
Year Built: 2001
Currently Not Used
Year Built: 2001
Office/Member Information
DXORIGMLSID: FLL
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2014-04-10T18:10:52Z
Major Change Type: Status Change
Status Change Date: 2014-04-14
Under Contract Date: 2013-11-22
Close Date: 2014-04-10
Close Price: 80000
Electric
110 Volts: 1
Separate Meters: 1
Loan Details
Assumable Chattel Balance: 0
Short Sale Details
Short Sale Addendum: No
Documents Available
Copy Of Lease(s): 1
Photos: 1
Structure Type
Retail: 1
Location of Property
Beach Access: 1
Possession
Negotiable: 1
Business Type
Retail: 1
Listing Terms
Cash: 1
Business Details
Year Established: 2
Expenses Include
Electricity: 1
Licenses and Permits: 1
Rent: 1
Repairs and Maintenance: 1
Supplies: 1
Utilities/Telephone: 1
Hours/Days Of Operation
Open 8+ Hours/Day: 1
Lease Details
Lease Expiration: 2016-06-30
Income and Expenses
Gross Income: 250000
Gross Rent: 6320
Gross Sales: 350000
Inc/Exp Statement Period: 2012
Inventory Value: 70000
Insurance Expense: 1200
Net Operating Income: 120000
Operating Expense: 130000
Source Of Expenses
Other: 1
Price Calculations
Current Price To SqFt: 80
Original List Price To Close Price: 0.8
Financial Information
Tax Annual Amount: 30003
Tax Year: 2012
Tax Legal Description: SUB 16-46-43 LYG E OF CNL W 77.09 FT OF E 187.09 FT OF S
Originating Details
Originating System Key: 1094259
Originating System ID: M00000170
Property Features
Business Type: Retail
Documents Available: Copy Of Lease(s)
Electric: 110 Volts; Separate Meters
Expenses Include: Electricity; Licenses and Permits; Rent; Repairs and Maintenance; Supplies; Utilities/Telephone
Location of Property: Beach Access
Possession: Negotiable
Source Of Expenses: Other
Listing Terms: Cash
Structure Type: Retail
Listing Office: EZRENT EZSALE
Last Updated: November - 13 - 2026
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