Modern Living Group
Downtown Delray Beach Unit A, B, C & D.
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$2,125,000ACTIVE

Unit A, B, C & D. · 111 SE 7th Avenue A, B, C & D., Delray Beach, FL 33483

beds4baths3,120sq ft$681/ sq ft
THE RESIDENCE

About this home

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!

THE DETAILS

Property details

List Price$2,125,000
Price / Unit$531,250
Units4
Cap Rate2.05%
Gross Income$45,600/yr
Net Operating Income$43,600
Inside Sq Ft3,120
Year Built1968
ConstructionBlock
FlooringCeramic Tile
ZoningRM(cit
Lot Dimensions50.0 ft x 165.0 ft
Property TypeQuadruplex
MLS #R11166296
StatusActive
Original List Price$2,250,000
GRM46.6
Tenant PaysCable TV, Electricity, Sewer, Water
Show all details (8 more)
Stories1
Lot Size0.19 acres
WaterfrontNo
ViewGarden
Days on Market118
Annual Taxes$13,082
CityDelray Beach
Zip Code33483
LOCATION

Where you'll live

Downtown Delray Beach

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Christa Hatton
FEATURED AGENT
Christa Hatton
Downtown & Delray Beach Specialist
Boca Raton / Delray Specialist

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