Modern Living Group
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$3,000,000COMING SOON

45 SE 7TH Avenue, Delray Beach, FL 33483

—beds0baths3,120sq ft$962/ sq ft
THE RESIDENCE

About this home

Coming soon - an 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. Coming soon. This property is being listed individually but can be coupled in a deal with 49 SE 7th Ave (coming soon) for a total investment of 8 units across two buildings.

THE DETAILS

Property details

List Price$3,000,000
Price / Unit$750,000
Units4
Gross Income$275,000/yr
Inside Sq Ft3,120
Year Built1965
ConstructionBlock
ZoningRM (city)
Property TypeQuadruplex
MLS #B26085509
StatusComing Soon
Original List Price$3,000,000
GRM10.9
Tenant PaysCable TV, Electricity, Taxes
Stories2
Lot Size0.11 acres
WaterfrontNo
ViewGarden
Show all details (5 more)
Days on Market1
Annual Taxes$33,229
FlooringTile
CityDelray Beach
Zip Code33483
LOCATION

Where you'll live

Christa Hatton
FEATURED AGENT
Christa Hatton
Boca Raton / Delray Specialist

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