Active

111 SE 7th Avenue #A, B, C D.

Delray Beach, FL 33483

$2,125,000 $8,959/Mo

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Overview

Bed

Bath

3,120

Sqft

0.19

Acre(Lot)

Description

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!

Property Details

Property Type : ResidentialIncome

Price : $2,125,000

AD Id : 75600856

MLS Id : R11166296

Beds : 4

Lot Size : 0.19 Acre

Living Area Size : 3,120

Year Built : 1968

County : Palm Beach

Subdivision: Delray Town Of

Map

Features

Interior Features

Roof: Metal, Other

Window Features: Metal, SingleHung
Heating & Cooling

Has Heating: Yes Heating: Central, Electric Has Cooling: Yes Cooling: CeilingFans, Electric, CentralAir

Building Information

Year Built: 1968

Building Area Total: 3120

Construction Materials: Block

Stories: 1

Patio And Porch Features: Patio

Pool Features: None

Private Pool: No

View: Garden
Exterior Features

Exterior Features: Fence, Patio, StormSecurityShutters

Lot Information

Lot Size Acres: 0.19 Lot Description: LessThanQuarterAcre

Property Information

Subdivision: DELRAY TOWN OF Source Property Type: ResidentialIncome MLS Area Minor: Palm Beach 4220a; 4230b; 4360a; 4370b Zoning Description: RM(cit Property SubType: Quadruplex Levels: One Property Age: 58

Listing Price Information

Listing Price: $2125000

Original Price: $2250000

Cash, Conventional

Tax Information

Parcel Number: 12434616011260240 Tax Year: 2025 Annual Tax: $13081 Tax Legal Desc: TOWN OF DELRAY S 50 FT OF N 176 FT OF W 165 FT OF BLK 126

Homeowners Association Information

Association Amenities: None

School Information

Elementary School: Pine Grove Junior High School: Carver; G.W. Senior High School: Atlantic
Utility Information

CableAvailable, WaterAvailable, SewerAvailable
Location Information

Direction: I-95 to Atlantic Avenue; head East. South on 7th Ave and home will be on the east side of the street. WaterSource: Public

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
1690-1692 S Ocean Boule.., Delray Beach, FL, 33483	$5,450,000	6	7	4,943	4,943 SqFt
126 NE 4th Avenue, Delray Beach, FL, 33483	$2,250,000	4	4	1,233	1,233 SqFt

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Sqft

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ByOwner last updated this listing 06/11/2026 @ 08:48

MLS: R11166296 LISTED BY: Renata LaRocque, Coldwell Banker Realty /Delray Beach 561-278-0300 SOURCE: SEFMIAMI