Listed by Coldwell Banker Realty /Delray Beach
$2,125,000
111 SE 7th Avenue # A #A, B, C & D.
Details
APN 12434616011260240
Property Type Multifamily
Sub Type Apartment Building, Duplex/Triplex/Quadruplex
Square Footage 3,120
Units 4
NOI $43,600
Year Built 1968
Acreage 0.190
Zoning RM(cit
Multifamily | 4 Units
Marketing 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!
Listing Contacts
Listed by Coldwell Banker Realty /Delray Beach
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$43,600.00
$3,633.33/mo
Valuation Metrics
0
DSCR
2.05%
Cap Rate
2.05%
ROI
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