$349,000
Delray Beach, FL 33483
MLS# R10156363
Status: Closed
1544 sqft
1 / 7
Property Description
This property (duplex), 218 NE 5th Terrace is being sold with the adjoining property (duplex) 226 NE 5th Terrace. MLS #RX-10156383. Combined lots sq ft +- 17,000 per Property Appraiser. Use code 0800-Multifamily <10 units....Zoning RM10. Each parcel is $349,000..$698,000 total. Rentals are nice and bring over $1000/mo.per apartment. Property being sold for land value.
Details
Maps
Contract Information
Comp Sale YN: No
Listing Date: 2015-08-01
Status: Closed
Original List Price: 349000
Sold Price: $349,000
Current Price: $349,000
Location and Legal
County Or Parish: Palm Beach
County Parish Name: Palm Beach
City Name: Delray Beach
Postal Zip: 33483
Geographic Area: PB06
Special Assessment YN: No
Street Number: 218
Street Direction Prefix: NE
Street Name: 5th
Street Suffix: Terrace
State Or Province: FL
Postal Code: 33483
Subdivision Name: DEL IDA PARK
Area: 4360
Parcel Number: 12434609290090181
Zoning: OSSHAD
Directions: E off 3rd Ave
General Property Information
Living Area Main: 1256
Lot Size Dimensions: 75.0 ft x 120
Lot Size Area: 8998
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: 1
Pool Private YN: No
Property Sub Type: Duplex
Building Area Main: 1544
Building Area Source: Public Records
Year Built: 1961
Lot Size Acres: 0.21
Office/Member Information
DXORIGMLSID: RML
Status Change Information
Buyer Financing: Cash
Major Change Timestamp: 2015-09-04T18:40:12Z
Major Change Type: Status Change
Status Change Date: 2015-09-04
Under Contract Date: 2015-08-06
Close Date: 2015-09-04
Close Price: 349000
Application Fee Details
Application Fee: 0
Association Amenities
None: 1
Electric
Three Phase: 1
Flooring
Carpet: 1
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Short Sale Details
Short Sale Addendum: No
Special Information
Sold As-Is: 1
Documents Available
None: 1
Meter Information
Separate Electric Meters YN: Yes
Separate Water Meters YN: No
Tenant Pays
Cable TV: 1
Electricity: 1
Other Structures
Outbuilding: 1
Shed(s): 1
Possession
Negotiable: 1
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Natural Gas Available: 1
Sewer Available: 1
Water Available: 1
View
Garden: 1
Heating
Window/Wall: 1
Sprinkler Description
Auto Sprinkler: 1
Well Sprinkler: 1
Water Access
None: 1
Construction Materials
Block: 1
Listing Terms
Cash: 1
Conventional: 1
Lot Features
Fruit Tree(s): 1
Roof
Composition: 1
Water Source
Public: 1
Well: 1
Income and Expenses
Annual Total Expense: 6000
Gross Income: 24000
Net Operating Income: 18000
Source Of Expenses
Other: 1
Cooling
Wall/Window Unit(s): 1
Showing Requirements
Appointment Only: 1
Occupied: 1
Tax Information
County Only: 1
Outdoor Living Spaces
Patio: 1
Patio Details
Patio - Screened: 1
Contingencies
Other: 1
Unit 1 Details
Actual Rent: 1000
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 625
Unit 1 Other Equipment
Air Conditioning Unit: 1
Unit 1 Parking Features
Parking Space: 1
Unit 1 Patio/Porch
Screened Porch: 1
Unit 2 Details
Actual Rent: 1000
Baths Full: 1
Beds Total: 1
Furnished: Unfurnished
SqFt: 625
Unit 2 Other Equipment
Air Conditioning Unit: 1
Unit 2 Parking Features
Parking Space: 1
Unit 2 Patio/Porch
Screened Porch: 1
Unit 3 Details
Actual Rent: 0
SqFt: 0
Unit 4 Details
Actual Rent: 0
SqFt: 0
Price Calculations
Current Price To SqFt: 277.86
Original List Price To Close Price: 1
Acreage Description
Less Than 1/4 Acre Lot: 1
Financial Information
Tax Annual Amount: 3939.05
Tax Year: 2014
Tax Legal Description: DEL IDA PARK W 30 FT OF LT 18 & E 45 FT OF LT 19 BLK 9 (DEL-IDA PARK HISTORIC DISTRICT)
Originating Details
Originating System Key: 20150801195952017150000000
Originating System ID: M00000170
Property Features
Association Amenities: None
Documents Available: None
Electric: Three Phase
Flooring: Carpet; Tile
Leasing Permitted Details: Okay To Lease
Tenant Pays: Cable TV; Electricity
Source Of Expenses: Other
Construction Materials: Block
Cooling: Wall/Window Unit(s)
Heating: Window/Wall
Listing Terms: Cash; Conventional
Lot Features: Fruit Tree(s)
Other Structures: Outbuilding; Shed(s)
Possession: Negotiable; Subject To Tenant Rights
Roof: Composition
Sewer: Public Sewer
Special Information: Sold As-Is
Sprinkler Description: Auto Sprinkler; Well Sprinkler
Tax Information: County Only
Utilities: Natural Gas Available; Sewer Available; Water Available
View: Garden
Water Access: None
Water Source: Public; Well
Showing Requirements: Appointment Only; Occupied
Outdoor Living Spaces: Patio
Patio Details: Patio - Screened
Unit 1 Other Equipment: Air Conditioning Unit
Unit 1 Parking Features: Parking Space
Unit 2 Other Equipment: Air Conditioning Unit
Unit 2 Parking Features: Parking Space
Contingencies: Other
Acreage Description: Less Than 1/4 Acre Lot
Listing Office: Steve Parrott Realty
Last Updated: August - 06 - 2026
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