2312 Spanish Trail
Delray Beach, FL 33483    Directions

INVESTMENT OPPORTUNITY! *Please do not disturb tenants* Rare opportunity to own an investment property in the sought after waterfront community of Tropic Isle located EAST of Federal Hwy, just steps to the beach. Property features two fully renovated units and a bonus unfinished third standalone unit. Each unit can rent for $2500 and up. Most recent duplex rentals on the same street rented for $3500 per unit. Plenty of parking - room for 10 cars. Lot is oversized and meticulously maintained - room for additions and/or a pool. With finished 3rd unit efficiency, projected rentals estimate 7% Cap Rate! Roof is 9 years and no issues on recent inspection. Use code 0800-Multifamily <10 units