Interior
- Bedrooms
- 6
- Bathrooms
- 6
- Living area
- 2,268 sq ft
Active · SingleFamilyResidence
$3,895,000
201 NE 1st Avenue, Delray Beach, FL 33444
- Beds
- 6
- Baths
- 6
- Living area
- 2,268 sq ft
- $ / sq ft
- $1,717/sq ft
- Year built
- 1937
- Lot size
- —
- HOA fee
- —
- Annual tax
- —
About this property
Opportunity Knocks! For the first time in over 20 years, BOTH 201 and 203 NE First Avenue are being offered together, presenting a rare chance to acquire a premier assemblage in the heart of Downtown Delray Beach. Located on highly sought-after Banker's Row within the Old School Square Historic District, these combined corner Lots encompass .38 acres of prime real estate just steps from Pineapple Grove, Atlantic Avenue, and the vibrant Downtown Delray lifestyle. Surrounded by renowned restaurants, galleries, boutiques, art, culture and more .. the property sits in one of the city's most dynamic and walkable corridors. A truly special offering in the center of it all, inquire to own your piece of Delray Beach History, today!
Property location
Get Directions201 NE 1st Avenue, Delray Beach, FL 33444
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Facts & features
Exterior & Structure
- Property type
- SingleFamilyResidence
- Year built
- 1937
Parking
Not provided in the MLS listing.
HOA, Community & Financials
- County
- Palm Beach
- MLS listing ID
- B26001196
- 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
-$13,589
- Cap rate
- 1.5%
- Net yield
- 1.5%
- Cash-on-cash return
- -15.0%
- Gross yield
- 4.6%
- Mortgage payment
- $18,464/mo
- Down payment
- $973,750
- Loan amount
- $2,921,250
- Annual NOI
- $58,505
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.