Delray Beach, FL Multifamily Homes For Sale

(2) duplexes on one lot! Price per duplex $449k. This is a fourplex opportunity in east delray, one block away from atlantic ave. Phenomenal long term rent and hold in a great location. The land consist of (2) separate buildings that are both duplexes. (4) units total with each unit being identical at 2 beds and 1 bath. Each unit rents at $1800 per month. Two units are currently vacant and the other 2 are occupied. A new buyer could buy and occupy the one remaining vacant unit and keep the other tenants. Or rent the final unit to maximize rental income. These units have been professionally maintained and is a turn-key rental opportunity for any investor in the marketplace. These multi family homes sit on a large lot of over 13, 500 sq feet. This is a incredible location and the type of property that doesn't come up for sale too often. All offers will be considered, feel free to inquire today.

Amazing investment opportunity! Located in the prime east area just a few blocks from atlantic ave and the heart of downtown delray beach. This duplex previously an airbnb is now a yearly rental. This income producing property offers a newly updated spacious 3 bed/2 bath front unit with open living area, kitchen and great florida room. Tenants renewing month-to-month. In back is a cozy 1 bed/1 bath unit with private entrance, separate kitchen/dining and large yard. Lease ends 4/17/26. Separate storage building includes a/c. Plenty of parking, completely fenced in, back fence has gate that opens for even more parking. Room for future expansion, deep lot, adu, new pool, outdoor living. Don't miss this opportunity to purchase a great property. Only serious and fully qualified investors

This a fantastic investment opportunity for those looking into a lucrative multy-family property in this market. This duplex features 3/2 each unit and are currently tenants occupied. Tenants month to month. With its prime location close to beaches and stores, this property offers both convenience and comfort.

Absolutely gorgeous estate | prime delray beach location | huge oversized lot | double door entrance | bright open floor plan | led recessed & custom lighting | french doors | stunning eat-in kitchen | quartz counters | center island / breakfast bar | s/s appliances | white wood cabinets | large primary bedroom | ensuite w/ dual sink vanity & soaking tub | barn doors | walk-in closet | bonus private entrance for each unit | huge vinyl fenced backyard | balcony & covered patio with outdoor lighting | immaculate manicured landscaping | rv/boat parking | room for pool | large circular driveway | 2 car epoxy garage | hurricane impact windows/doors | minutes to atlantic ave, beach, fine dining, shopping, i-95 | present all offers! $9, 000.00 12 $108, 000.00 5% vacancy $102, 600.00 30.00% expense ratio $71, 820.00 6% cap rate $1, 197, 000.00

Rare corner dual income property in the highly desirable central east delray beach! This versatile multi family property offers two units totalling 2, 676 sq. Ft. Of living space with 4 full baths. Recent upgrades include newer ac and a newer pool, perfect for year-round enjoyment. Concrete construction. The property is conveniently zoned rm, medium density residential with potential to build 3 units. Located near delray's lively atlantic avenue, world-famous beaches, and the eclectic pineapple grove arts district. Ideal for an owner user with rental income or a savvy investor looking for a prime asset in prestigious tropic isle. Fantastic opportunity in a prime location!

Investor alert- rare multifamily investment opportunity in downtown delray beach's marina historic district. Income-producing quadplex currently configured as a triplex just steps to atlantic avenue, the municipal marina, the intracoastal, and the beach. Exceptional value-add, redevelopment, or land-banking opportunity in one of delray beach's most walkable and scarce coastal neighborhoods. Ideal for investors, developers, or 1031 exchange buyers seeking strong rental demand and long-term appreciation. Newer roof (11/2025) some updated systems and appliances. Renovate, reposition, expand, or build new-prime location supports premium resale and income potential. Opportunities at location are increasingly limited-secure your position in one of delray's most sought-after districts!

A great opportunity in the heart of delray beach — 227 ne 12th st offers a beautifully updated duplex just minutes from downtown and the beach. Each unit features 2 bedrooms, 1 bathroom, and 700 sq ft of well-designed living space. The backyard has been transformed by the current owner into a private tropical oasis with a sparkling pool, lush landscaping, and mature fruit trees including mango, papaya, plantain, and avocado. A fire pit and outdoor seating area create the perfect space for relaxing or entertaining. Additional upgrades include a chrysanthemum spray mosquito repellant system, a whole-home allini water filtration system, and a shared laundry room for convenience. Both units boast newer a/c systems, and the property has been fully tented for termites as a proactive measure whether you're looking for an income-producing property, a vacation rental, or a personal retreat with rental income potential, this duplex is a truly special find.

Discover this fully furnished, turn-key duplex ideally located just minutes from pineapple grove, atlantic avenue, and delray beach's award-winning beaches. Current multi-family use. Each unit is thoughtfully designed for comfort and convenience, making it perfect for rentals. The large swimming pool provides the ultimate spot to unwind after a day at the beach. Whether you're expanding your investment portfolio or seeking an income-producing property in one of delray's most desirable locations, this opportunity checks every box. Prime location. Endless potential.

Do not miss this opportunity to own this 4- unit income producing vacation rental in osceola park, 3 blocks from johhny brown's. A mid-century modern, remodeled, turn-key, high demand rental close to everything delray beach has to offer - 3-yr-old heated pool, beautifully landscaped huge yard complete with oversized pergola, outdoor dining, grills, travertine pavers, corn-hole, fire-pit, lounge spaces with umbrellas. Each 2bed/1ba unit has hurricane impact windows and doors, 2022 ac mini splits, is plumbed for individual outdoor showers, furnished, in-unit laundry, tankless h20 heater, patio space, 1 parking spot p/unit, 4 guest spots, & golf cart charging station in lot. All units share the huge breathtaking backyard for a resort-style vacation retreat. Excellent development. Opportunity

A truly rare opportunity in the heart of downtown delray beach. This one-of-a-kind duplex was fully rebuilt and renovated in 2016 and showcases a distinctive art deco vibe in a prime, walkable location just two blocks north of atlantic avenue. Step outside and enjoy effortless access to delray's best dining, nightlife, boutiques, and entertainment, no car required. Every major component has been updated, including cabinetry, countertops, appliances, flooring, windows, and roof, making this a completely turnkey, low-maintenance investment. Each unit is a 2-bedroom, 1-bath residence with its own washer and dryer, private fenced yard, and thoughtfully designed interiors. This is a proven income-producing property, currently operating as an active airbnb and vrbo, and professionally managed by a full-service management company, allowing for truly hands-off ownership. Just minutes from the beach and steps from the vibrant energy of atlantic avenue, this property offers the perfect blend of lifestyle and returns, walkable downtown living paired with strong rental performance in one of south florida's most desirable markets.

This unique multifamily property has cbd core zoning (central business district), which allows for numerous different uses including retail space, offices, multifamily, single family, hotels, motels, public parking, and many more. Recently renovated two unit property now available in the heart of coveted downtown delray beach just one block north of atlantic avenue! This key west style property features two cottages that were both recently renovated. The main cottage features 2bd, 2ba with a spacious floor plan boasting nearly 1, 300 living sf. The back cottage also features 2bd, 2ba and approximately 800 living sf. This property sits on a 9, 000 sf lot and the cbd zoning allows for development of up to 4 stories and maximum height of 54 feet. Property currently operates as an airbnb. This property is just steps from atlantic avenue and features a private fully fenced backyard with a pergola, jacuzzi, and plenty of green space. This property can be sold fully furnished and is the ideal vacation rental being located just seconds from everything that delray has to offer, including f45, johnnie browns, el camino, park tavern, throw social, pinball museum, deck 84, as well as a1a and delray's public beaches. Zoning code, property survey, etc. Are available upon request.