137 SW 9TH Ave Delray Beach
425,000
2 Bedrooms
1 Baths
736 SqFt
Renovated Delray Beach Home with Great Tenants in Place on an RM-Zoned Lot. This fully renovated 2 bed, 1 bath single-family home sits in one of South Florida's most dynamic growth corridors, just a few blocks from Atlantic Avenue and about 10 minutes from Delray's award-winning beaches. Renovated in 2023, the home features a modern kitchen with quartz countertops, new cabinetry, stainless steel appliances, a tile backsplash, along with an energy-efficient ductless A/C system, ample parking, and a laundry facility. Excellent, reliable tenants are already in place, providing income from day one. The generous 6,793 sq ft lot is zoned RM (Medium Density Residential), which permits multi-family and two-unit development such as duplex/ attached townhomes under Delray Beach's Land Development Located within Delray's CRA redevelopment area and close to shopping, dining, and vibrant nightlife, this property offers steady rental income now and significant upside as the city continues major infrastructure and redevelopment initiatives. A rare opportunity to own a cash-flowing home with room to grow in one of South Florida's most sought-after destinations. Buyer to verify zoning, permitted uses, and development potential with the City of Delray Beach.
Status:
Active
Listing ID:
B26091457
Unit Floor:
0
Parking:
Pets:
Yes, Breed Restrictions, Dogs OK, Size Limit, No Restrictions
Market Days:
5
Membership:
No
Waterfront:
No
HOA Fee:
0.00
Rec Lease:
Taxes:
5951.31
Year Built:
1930
Type:
Single Family
Garage:
Construction:
Block, Concrete, Stucco
55+:
N
Pool:
Stories:
1.00
View:
Water Features:
Deeded Beach Access, None