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Multifamily in Delray Beach, FL 33483Downtown Delray, 111 SE 7th Ave
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OFF MARKET
Beds
3,120
SqFt$681
$/SqFtHigh-End Multifamily
Built in 1968
Garden View
Outdoor Living Area
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!
MLS Number: R11166296
On Site: 211 Days
Updated: 115 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: OutdoorLivingArea
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central, Electric, Individual
- Cooling Description: CentralAir, CeilingFans, Electric
Building and Construction
- Floor Description: CeramicTile
- Windows/Treatment: Metal,SingleHung
- Construction Type: Quadruplex
- Year Built: 1968
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
- Elementary School: Pine Grove
- Middle School: Carver Community
- Senior High School: Atlantic
Other Property Info
- Listing Date: 2026-02-24T13:20:08.000-00:00
Taxes, Fees & More
- Taxes: 13081.8
- Total Units in Building: 4
- Total Units in Complex: 3
Apples-to-Apples Comparables
Price History
Current
$2.1M
High
$2.3M
Low
$2.1M
Total Change
-5.6%Date
Event
Price
Change
Price Per
04/16/2026
Price Reduced
$2.1M
-5.56%$681 ft2
$7,331 m2
02/24/2026
Listed
$2.3M
$721 ft2
$7,763 m2
04/16/2026
$2.1M
Event
Price Reduced
Change
-5.56%Price Per
$681 ft2
$7,331 m2
02/24/2026
$2.3M
Event
Listed
Price Per
$721 ft2
$7,763 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by Renata LaRocque • Coldwell Banker Realty /Delray Beach • Buyer Agency Compensation .
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Scores
86
100
67
100
66
100
0
100
44
100
4
100
Community Snapshot
Studio – 6 BR
Bedrooms
$299K – $5M
Price Tier
638 - 6,560
SqFt Range
1960
Year Build
1
Total Floors
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Downtown Delray Communities in Delray Beach, FL
Mid-Tier
Mid-Tier 1
Entry-Level
Entry-Level 1
Inactive Segment
Inactive Segment 1
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