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111 SE 7th Avenue # A, Delray Beach FL 33483

Multi-family For Sale
$2,125,000

BTC: 35.93168752

ETH: 1,370.96774194

-$125K (2026/04/16)
121 days
0 room(s)
3,120 sqft

Overview

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!

Location

Details

Type:
Residential Income
Parking:
Limited # Of Vehicle / No Rv/Boats
Year Built:
1968
Lot:
0.19 Acres
Heating:
Central Individual A/C / Electric
Price/sqft:
$681
Cooling:
Ceiling Fan(s) / Central Individual A/C / Electric
HOA:
No Data

Valuation

Our model vs. what's actually selling nearby.
Estimate
$925,000
$570K – $1.7M
Confidence Low
List vs. estimate
$1.2M above estimate
List $2,125,000 · +129.7%
Our model says this listing is priced above recent comparable activity. Room to negotiate.
Price per sq ft
$681
+18.5% vs. city median $574
Based on
17 MLS comparables
+ 30 public-records sales within 0.5 mi
Median actual sale: $953K
Median of recent comparable listings. Sold comps use closing price, active listings use list price.

Highlights

Annual tax
$13,081
2025
View
Garden
All facts and features
  • Flooring

    • Ceramic Floor

    Heating

    • Central Individual A/C

    • Electric

    Cooling

    • Ceiling Fan(s)

    • Central Individual A/C

    • Electric

  • Parking

    • Limited # Of Vehicle

    • No Rv/Boats

    Property

    • Levels: 1

    Lot

    • Lot: 0.19 Acres

    Other Property Information

    • Parcel Number: 12434616011260240

    • Zoning: RM(cit

  • Type and style

    • Property Type: Residential Income

    • Property Sub Type: Quadruplex

  • Utility

    • Cable Connected

    • Sewer Connected

    • Water Connected

    • Cable Available

    • Sewer Available

    • Water Available

  • Other financial information

    • Annual tax amount: $13,081

  • Source details

    • MLS ID: R11166296

    Other facts

    • Construction Materials: CBS Construction

    • Lot Features: Less Than 1/4 Acre Lot / Fenced

    • Patio And Porch Features: Patio

    • Window Features: Complete Accordian Shutters / Single Hung Metal

    • Living Area: 3120

    • Water Source: Public

    • Subdivision Name: DELRAY TOWN OF

Private inquiry
Talk to the advisor on this listing.
Floor plans, HOA docs, off-market comparables, scheduling a private showing — one message, direct to the local specialist.

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Market around this address

Live counts in the same area.
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The multiple listing information is provided by the Miami Association of REALTORS® from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026-present Miami Association of REALTORS®. All Rights Reserved. The information provided is for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified. Listing courtesy of: Coldwell Banker Realty /Delray Beach