201 NE 1st Ave

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201 NE 1st Ave

Delray Beach, FL 33444
Asking Price
$3.90M
Asset Type
Commercial Land
Class
Class B

What's Special

Land | 0.38 acres <ul><li>​Total Finished SqFt 1,048 SqFt</li><li>​Above Grade Finished SqFt 1,048 SqFt</li><li>​Stories 1</li><li>​Lot Size 7,427 SqFt</li><li>​Style Miscellaneous Commercial</li><li>​Year Built 1937</li><li>​Year Renovated 1995</li><li>​Zoning OSSHAD</li><li>​County PALM BEACH</li><li>​APN 12-43-46-16-01-074-0120</li><li>​Virtual Tour UnBranded Virtual Tour: https://www.propertypanorama.com/201-NE-1st-Avenue-Delray-Beach-FL-33444--B26004480/unbranded</li></ul>

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NOI
$80,000
Cap Rate
2.05%
DSCR
0.35
Underwater
Cash-on-Cash
-12.94%
Monthly Payment
$19,270.335
Annual Cash Flow
$-151,244.018

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