Multifamily in Delray Beach, FL 33483Palm Square, 49 SE 7th Ave #2
$3,000,000
Beds
3,120
SqFt$962
$/SqFtUltra Luxury MultifamilyProperty Type
1966Year Built
$962/SqFtPrice per sq ft
GardenView
BalconyExterior Features
Come see this incredible opportunity to invest in income producing property east of Federal Hwy in vibrant downtown Delray Beach. Highly desirable and in a prime location, 49 SE 7th Ave boasts 4 turnkey units - all are two bedroom and one bathroom, furnished and nicely renovated with updated appliances and washer and dryer in unit. Complete with an established income-producing portfolio that has proven flexibility in both short- and long-term rental markets. Unlimited potential for a combination of uses - subject to applicable ordinances. Each unit has gone through a quality renovation which appeals to potential tenants for all rental terms. Absolutely amazing location right next to Hawkers and Casa L'Acqua - minutes from the beach and just steps away from Atlantic Ave. This property is being listed individually but can be coupled in a deal with 45 SE 7th Ave for a total investment of 8 units across two buildings.
Listing Courtesy Of: Coldwell Banker Realty
Local Realty Services Provided By: Best of Luxury Realty
On Site: 30 DaysUpdated: 0 Days agoPage Views: 0
Features
MLS Number: B26085262
Bedrooms
Bathrooms
Exterior and Lot Features
- Exterior Features: Balcony, Barbecue, Courtyard, Garden, OutdoorLivingArea
- View: Garden
Interior, Heating and Cooling
- Heating Description: Central,Electric
- Cooling Description: CentralAir,Electric
Building and Construction
- Floor Description: Tile
- Construction Type: Quadruplex
- Year Built: 1966
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: 2026-10-07T10:29:10.000-00:00
- Pets Allowed: NoPetRestrictions, Yes
Taxes, Fees & More
- Taxes: 33203.78
- Real Estate Taxes: 1910479
- Total Floors in Building: 2
- Total Units in Building: 4
- Total Units in Complex: 4
Apples-to-Apples Comparables
Price History
Date
Event
Price
Change
Price Per
10/07/2026
Listed
$3M
 $962 ft2
$10,350 m2
10/07/2026
$3M
Event
Listed
Price Per
$962 ft2
$10,350 m2
Price per square foot and days on website are not provided values and are calculated by Subdivisions.
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Community Snapshot
3 – 3 BR
Bedrooms
$1.7M – $3M
Price Tier
1,200 - 6,240
SqFt Range
1961
Year Build
2
Total Floors
Subdivision Amenities
None
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