Property Delray Beach for sale with MLS# A11810309
Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals
The street address for this listing (MLS-A11810309) is private
- Price:
- $3,550,000.00
- Original List Price:
- $3,995,000.00
- List Price per Sq Ft (Calculated, Approx.):
- $741.74
- Listing Type:
- For Sale
- Status:
- Active Under Contract (An offer has been accepted, considering Backup Offers)
- Contingency:
- Active Under Contract
- Listing Category:
- Commercial Sale
- Property Type:
- Multi Family
- Description of Last Important Update:
- Status Change
- Last Major Update on:
- July 23, 2026 12:59 pm
- Built-Up Area:
- 4,786 Sqft
- Lot Size Acres:
- 0.33
- Security:
- Security System, Security Fence
- Air Conditioning
- Air Conditioning System:
- Central Building
- Heating
- Heating System:
- Electric
- Building:
- Fenced Area, Laundry Facilities, Pool
- Roof:
- Shingle
- Number of Buildings:
- 2
- Number of Units Total:
- 3
- Construction Materials:
- Block
- Flooring:
- Tile
- Number of stories:
- 1
- Road Frontage Type:
- City Street
- Flood Zone Code:
- X
- Property Condition:
- New Construction
- Tax Annual Amount:
- $26,010.00
- Parking Total Spaces:
- 9
- Parking Features:
- Common
- Sewer:
- Public Sewer
- Electric:
- 0-100 Amp Service
- Water Source:
- Public
- Senior Community:
- No
- Tax Legal Description:
- HIGHLAND PARK DELRAY LTS 27 & 28 BLK 121
- Zoning:
- RM (city
- Active on the market since:
- May 27, 2025
- Listing Agreement executed on:
- May 27, 2025
- Purchase Contract Date:
- July 23, 2026
- Price change occurred on:
- February 16, 2026 5:28 pm
- Listing Status Last Changed On:
- July 23, 2026 12:59 pm
- Photos updated on:
- August 28, 2026 3:19 pm
- Last Modified:
- August 28, 2026 3:20 pm
- Courtesy of:
- Blue Water RE LLC
- Attribution:
- Not provided
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Neighborhood Stats
Source: U.S. Census Bureau, ACS 5-Year Estimates
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