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Property Description
Prime investment opportunity just 5 blocks south of the famous Atlantic Ave in Delray Beach! This nearly fully remodeled duplex features a 2BR/1BA unit rented at $2,800/month and a vacant 4BR/2BA unit with a $4,000-$4,500 rental potential, offering strong cash flow. Property highlights include separate meters, new AC, impact windows, and modern upgrades throughout. Live in one unit and rent the other or lease both for maximum returns. Appraised As-Is at $745K and selling at a 7.9% CAP RATE, this deal won't last! Perfect for investors or house-hackers looking for prime location and income potential. Don't miss out on this rare find in Delray Beach!
Overview
Property Type
Multi-family
Location
118 SW 7th St, Delray Beach, FL 33444
MLS ID
F10488304
Listing Last Updated
6/16/2025 6:31 PM
Property Features & Amenities
Interior
Total Bedrooms
0
Flooring
Tile
Exterior
Stories
1
Utilites
Cable Available
Pool
None
Roof
Composition, Shingle
Lot Features
1/4 Acre
Heat Type
Central
Air Conditioning
Central Air, Ceiling Fan(s)
Sewer
Public Sewer
Details
Financial
Price
$655,000
Real Estate Tax
$8,073/yr
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