UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Active
Purchase Type For Sale
Square Footage 580 sqft
Price per Sqft $584
Subdivision Atlantic Gardens Delray
MLS Listing ID A11918799
Style Detached,One Story
Bedrooms 2
Full Baths 1
HOA Y/N No
Year Built 1955
Annual Tax Amount $3,285
Tax Year 2025
Lot Size 6,906 Sqft
Property Sub-Type Single Family Residence
Property Description
Discover an exceptional 7,000 SF developable Opportunity Zone property perfectly positioned less than two blocks from vibrant Atlantic Avenue in the heart of East Delray Beach. This rare offering comprises of a charming 2 bedroom 1 bathroom single-family home rented at $2,200/month within walking distance of Bustling Downtown Delray, Eclectic Pineapple Grove Arts District, iconic Beachwalk on Ocean Blvd, award-winning restaurants, and great nightlife.
With unbeatable access via Atlantic Ave, Ocean Blvd, and I-95, this location connects effortlessly to major job centers, great schools, and world-class entertainment—making it ideal for both investors and end-users. A Visionary Buyer can redevelop into a stunning new home or hold long-term as a land bank strategy while benefiting from Opportunity Zone tax incentives or even make it your affordable starter home without compromising on location, convenience, or flexibility.
As a Qualified Opportunity Zone (QOZ) site, buyers can potentially access significant federal capital gains tax benefits, making this an even more powerful long-term investment.
Whether you're a developer, investor, or a family seeking an affordable centrally located home, 218 SW 11th Ave stands out as a rare blend of location, potential, and financial upside in one of South Florida's most desirable coastal cities.
Time to Achieve the American Dream
Location
State FL
County Palm Beach
Community Atlantic Gardens Delray
Area 4470
Interior
Interior Features First Floor Entry
Heating None
Cooling Wall/Window Unit(s)
Flooring Concrete
Appliance Dryer, Dishwasher, Refrigerator
Exterior
Exterior Feature Fruit Trees, Lighting, Patio
Garage Spaces 2.0
Pool None
Community Features Street Lights
View Garden
Roof Type Shingle
Porch Patio
Garage Yes
Private Pool No
Building
Lot Description < 1/4 Acre
Faces East
Story 1
Sewer Public Sewer
Water Public
Architectural Style Detached, One Story
Structure Type Block
Schools
Middle Schools Carver; G.W.
Others
Senior Community No
Restrictions No Restrictions
Tax ID 12434617230070170
Acceptable Financing Conventional, FHA
Listing Terms Conventional, FHA
Special Listing Condition Listed As-Is
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11918799
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