5458 Via Delray Boulevard, Delray Beach, FL 33484 (MLS# R10642813)

5458 Via Delray Boulevard, Delray Beach, FL 33484

$6,400,000

Virtual Tour

https://www.propertypanorama.com/5458-Via-Delray-Boulevard-Delray-Beach-FL-33484/unbranded

Property Type: Residential Income Square Footage: 1,067 Status: Closed

Current Price: $6,400,000 List Date: 7/30/2020 Last Modified: 1/11/2026

Overview

Description

Amazing opportunity to own a 37 unit condominium complex with a 7.9% cap rate. This mint condition beautifully landscaped property sits on 3 acres in unincorporated Palm Beach County near Delray Beach area and includes a pool, tranquil pond, 2 gazebos and plenty of parking. The property was built in 1973 and consists of three buildings that include: Thirty two 1200 s/f 2/2's Four 1485 s/f 2/2's One 1963 s/f 3/2 Each unit includes granite counter tops, stainless steel appliances, private washer and dryer, private balconies, tile and laminate flooring. There is only one tenant who has a master lease for the next five years. Gross monthly revenue of $59,328 & has a 0% vacancy rate. Owner responsible to pay taxes, insurance and common area. Tenant responsible for everything inside of u

Supplements: including repairing and replacing any appliances, and yearly increases in taxes and insurance. Please speak with listing agent regarding operating expenses and NOI.

Listing Details MLS# R10642813

General Property Information

Property Sub Type: Triplex
Building Area Main: 1067
Building Area Source: Public Records
Living Area Main: 1067
Year Built: 1973
Gated Community YN: No
Senior Community YN: No
Waterfront YN: Yes
Stories: 2
Pool Private YN: Yes

Property Features

Association Amenities: Pool Documents Available: Accounting Statements; Copy Of Lease(s) Flooring: Laminate; Tile Property Condition: Resale Tenant Pays: Cable TV; Electricity; Repairs; Sewer; Water Source Of Expenses: Owner Provided; Other Construction Materials: Block; CBS Cooling: Central Air Heating: Central Listing Terms: Cash Lot Features: Many Trees Other Structures: Cabana Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: West of US-1; Public Road Road Surface Type: Paved Roof: Barrel Sewer: Public Sewer Tax Information: County Only Utilities: Sewer Available; Water Available View: Garden; Other Water Source: Public Water View: Pond Waterfront Features: Pond Showing Requirements: Call Listing Agent Unit 1 Appliances: Range; Refrigerator Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 2 Appliances: Range; Refrigerator Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Contingencies: Other Acreage Description: 3 To Less Than 4 Acre Lot

Contract Information

Comp Sale YN: No
Listing Contract Date: 2020-07-27
Original List Price: 6499000

Location and Legal

County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 5458
Street Name: Via Delray
Street Suffix: Boulevard
City Name: Delray Beach
State Or Province: FL
Postal Code: 33484
Postal Zip: 33484
Subdivision Name: VIA DELRAY CONDOS
Development Name: Via Delray
Area: 4630
Geographic Area: PB09
Special Assessment YN: No
Parcel Number: 00424611270011060
Zoning: PUD
Directions: West of Military trail between Woolbright and Atlantic

Financial Information

Association YN: Yes
Association Membership: Mandatory
Tax Annual Amount: 2305.75
Tax Year: 2019
Tax Legal Description: VIA DELRAY CONDOS UNIT 106 BLDG A

Status Change Information

Major Change Timestamp: 2021-03-11T19:45:14Z
Major Change Type: Status Change
Status Change Date: 2021-03-11
Under Contract Date: 2020-08-07
Close Date: 2021-03-11
Close Price: 6400000
Buyer Financing: Other

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Gross Income: 59328
Annual Total Expense: 0

Storm Protection

Panel Shutters: Partial

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Baths Full: Yes
Furnished: Unfurnished
SqFt: 1200
Actual Rent: 0

Unit 2 Details

Baths Full: 2
Baths Half: 2
Furnished: Unfurnished
SqFt: 1485
Actual Rent: 0

Unit 3 Details

Baths Full: 2
SqFt: 1963
Actual Rent: 0

Price Calculations

Current Price To SqFt: 5998.12
Original List Price To Close Price: 1.01

Originating Details

Originating System Key: 20200724173130333485000000
Originating System ID: M00000170

Currently Not Used

Number Of Units Total: 37

Office/Member Information

DXORIGMLSID: RML

Application Fee Details

Application Fee: 0

Association Amenities

Pool: Yes

Flooring

Laminate: Yes
Tile: Yes

Property Condition

Resale: Yes

Documents Available

Accounting Statements: Yes
Copy Of Lease(s): Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Repairs: Yes
Sewer: Yes
Water: Yes

Other Structures

Cabana: Yes

Possession

Close Of Escrow: Yes

Sewer

Public Sewer: Yes

Utilities

Sewer Available: Yes
Water Available: Yes

View

Garden: Yes
Other: Yes

Heating

Central: Yes

Water View

Pond: Yes

Construction Materials

Block: Yes
CBS: Yes

Listing Terms

Cash: Yes

Lot Features

Many Trees: Yes

Road Frontage Type

West of US-1: Yes
Public Road: Yes

Road Surface Type

Paved: Yes

Roof

Barrel: Yes

Water Source

Public: Yes

Waterfront Features

Pond: Yes

Source Of Expenses

Owner Provided: Yes
Other: Yes

Cooling

Central Air: Yes

Showing Requirements

Call Listing Agent: Yes

Restrictions

No Restrictions: Yes

Tax Information

County Only: Yes

Contingencies

Other: Yes

Unit 1 Appliances

Range: Yes
Refrigerator: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 2 Appliances

Range: Yes
Refrigerator: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 4 Details

Actual Rent: 0
SqFt: 0

Acreage Description

3 To Less Than 4 Acre Lot: Yes

Listing Office: Florida Professional R.E.

Last Updated: January - 11 - 2026

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