About This Home

This 5-bedroom, 0-bathroom residential multi family at 610 SE 2nd Avenue in Delray Beach, FL is listed for $1,100,000 ($579 per sqft). Built in 1985, the home offers 1,900 sqft of living space on a 0.26 acres lot.

Key Features

  • Built in 1985
  • 0.26 acre lot

Property Details

1 story
4 full
1985

Amenities

A/C
Listing Description

Rare opportunity to own a versatile investment property in the highly desirable Osceola Park neighborhood of Delray Beach. Currently configured as two separate residences, this unique property offers immediate rental income while presenting exceptional long-term redevelopment potential.

The property features two fully renovated residences, including a 3-bedroom, 2-bath unit and a 3-bedroom, 1-bath unit. Both offer in-unit laundry, comfortable, functional living spaces, and are currently rented, providing immediate income from day one while offering outstanding flexibility for future plans.

Situated on a generously sized lot in one of Delray Beach's fastest-growing neighborhoods, the possibilities are endless. Continue generating rental income, hold as a long-term investment, or create your dream home in this thriving community. The roof was replaced in 2021.

For those looking to maximize development potential, the adjacent vacant lot at 618 SE 2nd Avenue is also available for purchase. Buy one or both properties to create a rare assemblage opportunity in one of Delray Beach's most sought-after neighborhoods.

The neighboring lot is shovel-ready, while this property provides immediate rental income as you plan your vision for the future. Osceola Park is one of Downtown Delray Beach's original neighborhoods, celebrated for its historic charm, walkability, and prime location.

Just minutes from Atlantic Avenue and the beach, residents enjoy easy access by foot, bike, or golf cart to award-winning restaurants, boutique shopping, art galleries, entertainment, and the vibrant downtown lifestyle. Whether you're an investor, builder, or homeowner with a vision, this is a rare opportunity to own a property that provides immediate income today and exceptional possibilities for the future.

Monthly Cost Estimate

$5,883/mo

20% down · 6.5% · 30 years

Principal$796
Interest$4,767
Insurance$321

Estimates only. Actual payments may vary.

Location

610 SE 2nd Avenue

Delray Beach, FL 33483

OSCEOLA PARK

Property Details

Flooring

Tile - Ceramic

Construction

Frame Stucco

Heating

CentralElectric (Heating)

Cooling

Central AirElectricCeiling Fan(s)

Questions & Answers

This 5-bedroom, 0-bathroom residential multi family at 610 SE 2nd Avenue is listed at $1,100,000 ($579/sqft). The estimated monthly payment is $5,883 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1985, 0.26 acre lot.

This property is listed by Noreen Payne and can be reached at 7039994214.

NP

Noreen Payne

Agent at Lang Realty/Delray Beach

(703) 999-4214

Listed by Lang Realty/Delray Beach · View on Broker Site

MLS# B26050509· Source: listhub· 2 days on market

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610 SE 2nd Avenue, Delray Beach, FL 33483

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