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5119 Gramercy Square Drive, 3 Townhomes Delray Beach, FL 33484

  • 3 No. of Units
  • 5,048 sqft
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MultiFamily-Active $ 915,000

MLS® #: RX-10330616

Courtesy of: United Realty Group, Inc

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Description

Outstanding Investor Opportunity! Three Stunning Townhomes bulk sale in the heart of Delray Beach with excellent tenants in place and strong cap rate. Built in 2013, these three 3 bedroom, 2.5 bath luxury townhomes are almost brand new with upgrades throughout including stainless steel appliances, granite counters, upgraded cabinets, and gorgeous lake views from the prime lake lots. Highly desirable area of Central Delray Beach minutes from downtown and beaches. Community has Resort-Styled heated pool and Fitness Center with low HOA. ASSOCIATION SAYS NEW OWNERS MUST WAIT 12 MONTHS BEFORE THE UNITS CAN BE RENTED (after current leases end).

Specifications


    Contract Information


  • No
  • 181.26

    General Property Description


  • 3
  • Resale
  • 2
  • 6199
  • Yes

    Location, Tax & Legal


  • PB09
  • No Hopa
  • GRAMERCY SQUARE PL 2 LT 112, LT 116, LT 56
  • No
  • 2016

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    • Auction: No
    • List Price/SqFt: 181.26
    • Total # of Units: 3
    • Built Desc: Resale
    • Number of Stories: 2
    • SqFt - Total: 6199
    • Waterfront: Yes
    • SqFt Source: Developer
    • Development Name: Gramercy Square
    • Homeowners Assoc: Mandatory
    • HOA/POA/COA (Monthly): 267
    • Application Fee: 100
    • Directions: Military trail west side just south of Atlantic Avenue
    • Private Pool: No
    • Separate Elec Meters: Yes
    • Separate Wtr Meters: Yes
    • Geo Area: PB09
    • HOPA: No Hopa
    • Legal Desc: GRAMERCY SQUARE PL 2 LT 112, LT 116, LT 56
    • Short Sale: No
    • Tax Year: 2016
    • Zoning: res
    • Short Sale A/U: N/A
    • Short Sale Addendum: No
    • Taxes: 15842
    • Special Assessment: No
    • REO: No
    • Bedrooms: 3
    • Full Bath: 2
    • Half Bath: 1
    • Furnished: No
    • SqFt: 1630
    • Monthly Income: 2300
    • Lease Ends: 2017-09-30
    • Bedrooms: 3
    • Full Bath: 2
    • Half Bath: 1
    • Furnished: No
    • SqFt: 1709
    • Monthly Income: 2000
    • Lease Ends: 2018-02-28
    • Bedrooms: 3
    • Full Bath: 2
    • Half Bath: 1
    • Furnished: No
    • SqFt: 1709
    • Monthly Income: 2000
    • Lease Ends: 2018-01-31
    • SqFt: 1
    • Monthly Income: 1
    • Gross Operating Inc: 75660
    • Investment Analysis: 1
    • Leases: 1
    • < 1/4 Acre: 1
    • Ceiling Fan: 1
    • Central: 1
    • Electric: 1
    • A/C Unit: 1
    • Dishwasher: 1
    • Disposal: 1
    • Dryer: 1
    • Kitchen: 1
    • Microwave: 1
    • Range - Electric: 1
    • Refrigerator: 1
    • Walk-in Closets: 1
    • Washer: 1
    • Patio: 1
    • Central: 1
    • Electric: 1
    • Electric: 1
    • Water: 1
    • Auto Sprinkler: 1
    • Open Patio: 1
    • Garage - Attached: 1
    • A/C Unit: 1
    • Dishwasher: 1
    • Disposal: 1
    • Dryer: 1
    • Kitchen: 1
    • Microwave: 1
    • Range - Electric: 1
    • Refrigerator: 1
    • Walk-in Closets: 1
    • Patio: 1
    • Carpet: 1
    • Wood Floor: 1
    • Cable: 1
    • Electric: 1
    • Electric Service Available: 1
    • Public Sewer: 1
    • Public Water: 1
    • Garage - Attached: 1
    • Buyer Approval: 1
    • Commercial Vehicles Prohibited: 1
    • Lease OK: 1
    • No Lease 1st Year: 1
    • Tenant Approval: 1
    • Barrel: 1
    • Exercise Room: 1
    • Pool: 1
    • At Closing: 1
    • Funding: 1
    • County Only: 1

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