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21258708
21119960

323 De Carie St, Delray Beach, FL 33444

SW
FL BK 3595388, AZ BR 64886600
Grace CRE
Listed by Grace CRE
$1,350,000
517 days on market
Updated 66 days ago

Three on De Carie

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 1,831
Net Rentable (SqFt) 1,831
Units 3
Cap Rate 7.22%
NOI $97,500
Broker Co-Op Yes
Year Built 154
Year Renovated 2024
Buildings 2
Stories 1
Lot Size (SqFt) 7,500
Parking Spaces 6 spaces
Parking Per SqFt 3.28
Investment Type Stabilized
Ownership fee

Multifamily | 3 Units

Marketing description

Exceptional Investment Opportunity - Modern Triplex in Prime Delray Beach Location! Welcome to Three on De Carie, a sophisticated and beautifully updated luxury triplex just minutes from the vibrant downtown Delray Beach and steps away from the Seacrest Sports Complex and Hill Topper Stadium. This meticulously maintained property offers modern elegance and timeless appeal, featuring: A fully remodeled 2-bedroom, 1-bath front unit, showcasing designer upgrades including custom cabinetry, waterfall quartz countertops, stainless steel appliances, and contemporary lighting. Fresh interior and exterior paint, upgraded doors, lush landscaping, and a newly paved asphalt driveway. A brand-new roof (2024) for added durability and value. Property Highlights three distinct units:

Two (2-bedroom, 1-bath units) and one standalone studio, offering flexible income potential. The vacant front unit is move-in ready perfect for owner occupancy, luxury Airbnb rentals, or long-term leasing.
Investment Potential:
Market Rent Estimates:
Front Unit 1: Currently month to month 2,000 below market month to month market rate for furnished rentals 3,500-3,900
Unit 2 below market rent:$1,800 month to month market rate 2,500 to 2,800 regular rentals
Studio Vacant in process of being turned and to be rent ready
Please respect tenant privacy drive-by only.
All information is deemed reliable but not guaranteed. Buyers should verify MLS data.
Offered by Owner/Broker.
Seize this rare opportunity to own a turnkey modern investment property in one of South Florida's most desirable locations! Call for your showing.

Listing Contacts

SW
FL BK 3595388, AZ BR 64886600
Grace CRE
Listed by Grace CRE

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$97,500.00
$8,125.00/mo

Valuation Metrics

0
DSCR
7.22%
Cap Rate
7.22%
ROI

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Additional Information

Name
Sophia Willets
License
BK 3595388
Brokerage
GRACE CRE®
Brokerage Phone
5615599934
Title
Associate Broker
Brokerage Address
200 E Las Olas Blvd
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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