Del Ida Park Office/Residential | 202 Palm Ct
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Del Ida Park Office/Residential 202 Palm Ct
3,548 SF Office Building Delray Beach, FL 33444 $2,100,000 ($592/SF) 7% Cap Rate
Investment Highlights
- Del Ida Park City of Delray Beach
- Tons of open area for parking, carport
- Corner location Large Site and building
- Close to Atlantic Avenue and all parts of Delray Beach, including Atlantic Ocean
Executive Summary
Rare opportunity in Del-Ida park area of Delray Beach. Surrounded by Professional office and Luxury Residences. Perfect opportunity for total renovation for Professional Office use or Residential project. 1/2 acre lot in Del-Ida park, very rare. Corner location with good exposure or privacy as well. The opportunities are endless.
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Redevelopment Project
Property Type
Office
Property Subtype
Building Size
3,548 SF
Building Class
C
Year Built/Renovated
1949/2000
Price
$2,100,000
Price Per SF
$592
Cap Rate
7%
NOI
$147,000
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,548 SF
Building FAR
0.17
Land Acres
0.48 AC
Zoning
RO - Residential Professional Office, City of Delray Beach
Parking
11 Spaces (5.07 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Day Care
- Security System
- Kitchen
- Central Heating
- Hardwood Floors
- Air Conditioning
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Walk Score ®
Very Walkable (77)
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Del Ida Park Office/Residential | 202 Palm Ct
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