Overview
- 2 Bedrooms
- 2 Bathrooms
- 1,288 ft
- Year Built: 1951
Description
🏠 Property Overview:
240 NW 8th Ave, Delray Beach, FL 33444
2 beds and 2 baths within a spacious 1,288 SqFt layout.
💼 Current Condition: The property features a 15-year-old roof and a kitchen that requires updating, presenting an opportunity for cosmetic upgrades throughout.
💰 Financials:
Asking Price: $280,000
🌟 Investment Highlights:
Location: Situated in Delray Beach, known for its vibrant community and proximity to beaches.
Renovation Potential: With a dated kitchen and the need for cosmetic upgrades, there’s potential to increase property value through modernization.
Market Demand: High demand for renovated homes in Delray Beach enhances resale potential.
🔧 Strategy: The recommended strategy involves acquiring the property at the asking price, updating the kitchen and conducting cosmetic renovations to enhance the property’s appeal and value.
🔑 Conclusion: This real estate deal at 240 NW 8th Ave offers an excellent opportunity for investors to enter the sought-after Delray Beach market. With strategic renovations, particularly in the kitchen and cosmetics, investors can leverage this property’s location and potential for profit in the active local real estate market.