610 SE 2nd Avenue, Delray Beach, Florida, United States, 33483

1,100,000
for Sale

About the property:

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.
Property Type:
Duplex
Status:
for Sale
House Style:
Duplex
Acres:
0.26
Square Feet:
1900
Area:
4370
Subdivision:
OSCEOLA PARK
Directions:
East on Atlantic Ave, go South on S Swinto Ave, take a left onto SE 4th St, right on SE 3rd Ave, right on SE 6th St and left on SE 2nd Ave. Duplex is on your right.
Is Art:
Yes
Is Entertainment:
Yes
Is Golf:
Yes
Is Investment:
Yes
Is Laundry:
Yes
Is Unit:
Yes
Annual Property Taxes:
12,227
Listing ID:
B26050509

Rooms

Dimensions

Brokered by:
Lang Realty/delray Beach
Presented By:

Arlene Toolsie

REALTORĀ®

Re/Max Direct