118 SW 7th St Delray Beach, FL 33444

$700,000Price
2,016SqFt

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Details

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Status:
Backup
Size: 2,016 ft2 / 187 m2
Price: $347 ft2 / $3,738 m2
Type: Multi Family
Built: 1956
MLS Number: F10488304
On Site: 54 Days
Updated: 18 Days ago
Page Views: 0
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!

Features

Bedrooms
Bathrooms
Exterior and Lot Features

Price History

02/21/2025

Date

Listed

Event

$700K

Price

$347 ft2 / $3,738 m2

Price Per

Price per square foot and days on website are not provided values and are calculated by Subdivisions.

Listed by David SchwartzbergSouthwestern Real Estate • Buyer Agency Compensation .

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