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342 NW 5 Avenue, Delray Beach, FL 33444 (MLS# R10192102)

342 NW 5 Avenue, Delray Beach, FL 33444

$153,000
Property Type: Residential Income Square Footage: 1,325 Status: Closed
Current Price: $153,000 List Date: 2/11/2016 Last Modified: 5/17/2026

Overview

Description

Opportunity Knocks, on this Cash-flowing property that is located in the heart of sought after Delray Beach just 3 blocks north of Atlantic Ave. 2 unit DUPLEX/building. All the units are 2 bedroom and 1 bath. The building is currently 100% occupied. There is great upside potential for a new owner to increase rents. Separate Electric and water meters. Freshly painted In/Out. TENANT OCCUPIED. DO NOT DISTURB. DRIVE BY ONLY AND BY APPT ONLY. $1700 A MONTH IN GROSS RENTAL INCOME.

Listing Details MLS# R10192102

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1325
Building Area Source
Public Records
Living Area Main
1325
Year Built
1962
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s) Flooring: Ceramic Tile Property Condition: New Construction Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Pro Forma Construction Materials: CBS Cooling: Wall/Window Unit(s) Heating: None Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Restrictions: No Restrictions Roof: Other Sewer: Public Sewer Special Information: Sold As-Is Tax Information: City/County Utilities: Cable Available; Electricity Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Blinds Showing Requirements: Call Listing Agent; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Covered Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Contingencies: Financing Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
180000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
342
Street Direction Prefix
NW
Street Name
5
Street Suffix
Avenue
City Name
Delray Beach
State Or Province
FL
Postal Code
33444
Postal Zip
33444
Subdivision Name
Resub of Blk 17, Delray B
Area
4460
Geographic Area
PB06
Elementary School
Plumosa School of the Arts K-8
High School
Atlantic
Special Assessment YN
No
Parcel Number
12434617040170240
Zoning
r1a
Directions
Atlantic Avenue to NW 5th Avenue to property.

Financial Information

Tax Annual Amount
1970
Tax Year
2015
Tax Legal Description
Resub of blk 17,Delray Beach LT 24 Blk 17

Status Change Information

Major Change Timestamp
2016-06-06T18:24:03Z
Major Change Type
Status Change
Status Change Date
2016-06-06
Under Contract Date
2016-04-22
Close Date
2016-06-03
Close Price
153000
Buyer Financing
Conventional

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
Yes

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
Yes
Gross Income
1700
Net Operating Income
Yes

Unit 1 Details

Actual Rent
750
Baths Full
Yes
Furnished
Unfurnished
SqFt
663

Unit 1 Lease Description

Lease Expiration
2015-09-30

Unit 2 Details

Actual Rent
950
Baths Full
Yes
Furnished
Unfurnished
SqFt
663

Unit 2 Lease Description

Lease Expiration
2016-11-30

Price Calculations

Current Price To SqFt
115.47
Original List Price To Close Price
1.17

Originating Details

Originating System Key
20151216184922367422000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Ceramic Tile
Yes

Property Condition

New Construction
Yes

Special Information

Sold As-Is
Yes

Documents Available

Copy Of Lease(s)
Yes

Tenant Pays

Cable TV
Yes
Electricity
Yes
Sewer
Yes
Water
Yes

Possession

Close Of Escrow
Yes
Negotiable
Yes

Sewer

Public Sewer
Yes

Utilities

Cable Available
Yes
Electricity Available
Yes
Sewer Available
Yes
Water Available
Yes

View

Garden
Yes

Heating

None
Yes

Water Access

None
Yes

Window Features

Blinds
Yes

Construction Materials

CBS
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Roof

Other
Yes

Water Source

Public
Yes

Source Of Expenses

Pro Forma
Yes

Cooling

Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes
Occupied
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Occupant Details

Tenant Occupied
Yes

Outdoor Living Spaces

Patio
Yes

Patio Details

Patio - Covered
Yes

Contingencies

Financing
Yes

Unit 1 Other Equipment

Air Conditioning Unit
Yes

Unit 1 Parking Features

Parking Space
Yes

Unit 2 Other Equipment

Air Conditioning Unit
Yes

Unit 2 Parking Features

Parking Space
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Towne & Country Real Estate, LLC
IDX
Last Updated: May - 17 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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