Interior
- Bathrooms
- 0
Active · MixedUse
$19,900,000
900 E Atlantic Avenue 22, Delray Beach, FL 33483
- Beds
- —
- Baths
- 0
- Living area
- — sq ft
- $ / sq ft
- —
- Year built
- 1998
- Lot size
- —
- HOA fee
- $4,489
- Annual tax
- —
About this property
Free standing direct intracoastal restaurant in the Waterway Plaza located just two blocks from Ocean Blvd & directly on Atlantic Avenue. One of only (2) waterfront restaurants in all of Delray Beach. Access to full liquor license available. Opportunity awaits for those with vision, a strong tourism market just off the main Avenue in booming East Delray Beach., Palm Beach County. Waterway Plaza is a condominium comprised of daytime businesses. Inquire further for info brochure.
Property location
Get Directions900 E Atlantic Avenue 22, Delray Beach, FL 33483
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Facts & features
Exterior & Structure
- Property type
- MixedUse
- Year built
- 1998
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- Association fee
- $4,489
- County
- Palm Beach
- MLS listing ID
- R11161155
- Listing status
- Active
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
-$43,437
- Cap rate
- 3.1%
- Net yield
- 3.1%
- Cash-on-cash return
- -9.4%
- Gross yield
- 6.6%
- Mortgage payment
- $94,336/mo
- Down payment
- $4,975,000
- Loan amount
- $14,925,000
- Annual NOI
- $610,792
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.