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Multifamily in Delray Beach, FL 33444118 SW 7th St
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Closed
Beds
2,016
SqFt$325
$/SqFtSold - Apr 28, 2025
Multifamily
Built in 1956
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!
MLS Number: F10488304
On Site: 572 Days
Updated: 4 Days ago
Page Views: 0
Features
Bedrooms
Bathrooms
Exterior and Lot Features
Interior, Heating and Cooling
- Heating Description: Central, SeparateMeters
- Cooling Description: CentralAir, CeilingFans
Building and Construction
- Floor Description: Tile
- Windows/Treatment: ImpactGlass
- Year Built: 1956
Waterfront and Water Access
- Waterfront Frontage: No info
School Information
Other Property Info
- Listing Date: 2025-02-21T22:33:22.000-00:00
Taxes, Fees & More
- Maintenance Includes: Sewer,Trash,Water
- Taxes: 8073
- Total Floors in Building: 1
- Total Units in Building: 2
- Total Units in Complex: 2
Apples-to-Apples Comparables
Price History
Current
$655K
High
$700K
Low
$655K
Total Change
-6.4%Date
Event
Price
Change
Price Per
04/28/2025
Sold
$655K
-6.43%$325 ft2
$3,497 m2
02/21/2025
Listed
$700K
$347 ft2
$3,738 m2
04/28/2025
$655K
Event
Sold
Change
-6.43%Price Per
$325 ft2
$3,497 m2
02/21/2025
$700K
Event
Listed
Price Per
$347 ft2
$3,738 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
Listed by David Schwartzberg • Southwestern Real Estate • Buyer Agency Compensation .
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