Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1985
Sq.Footage
1,900
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Central Air, Ceiling Fan(s), Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
Yes
Exterior
-
Garage
No
-
Construction Materials
Frame, Stucco
-
Other Exterior Features
None
-
Pool
No
-
Waterfront YN
NO
-
View
Garden
Area & Lot
-
Lot Size(acres)
0.26
-
Property Type
Residential Income
-
Property Sub Type
Duplex
Price
-
Sales Price
$1,100,000
-
Tax Amount
$12,227
-
Sq. Footage
1,900
-
Price/SqFt
$578
HOA
-
Association
No
School District
-
Elementary School
Pine Grove
-
Middle School
Carver Community
-
High School
Atlantic
Property Features
-
Stories
1
-
Senior Community YN
NO
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Palm Beach
Elementary School
Pine Grove
Middle School
Carver Community
High School
Atlantic
Listing Courtesy of Noreen Payne , Lang Realty/Delray Beach
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