Quadruplex in 45 SE 7TH Avenue, Delray Beach, FL 33483 for sale with MLS# B26085509

Come see this incredible opportunity to invest in income producing property east of Federal Hwy in vibrant downtown Delray Beach. Highly desirable and in a prime location, 45 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. This property is being listed individually but can be coupled in a deal with 49 SE 7th Ave for a total investment of 8 units across two buildings.

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Days on the market

45 SE 7TH Avenue, Delray Beach, FL 33483

Price
Price:
$3,000,000.00
Original List Price:
$3,000,000.00
List Price per Sq Ft (Calculated, Approx.):
$961.53
Lease Details
Tenant Pays:
Electricity, Taxes, Cable Tv
Property Status and Type
Listing Type:
For Sale
Status:
Active
Special Sale Conditions:
Standard
Listing Category:
Residential Income (Multifamily 2-4)
Property Type:
Fourplex (Quadruplex)
Description of Last Important Update:
New Listing
Last Major Update on:
October 8, 2026 7:15 am
Measures
Living Area:
3,120 Sqft
Built-Up Area:
3,900 Sqft
Lot Area:
4,995 Sqft
Building Area Source:
Public Records
Living Area Source:
Public Records
Lot Size Acres:
0.11
Property Features
View from the Property:
Garden
Waterfront:
No
Exterior:
Barbecue, Balcony, Courtyard
Patio and Porch:
Patio, Patio - Open
Laundry:
Inside, In Unit
Air Conditioning
Air Conditioning System:
Central Air, Electric
Heating
Heating System:
Central, Electric
Balcony Details:
Balcony - Open
Construction
Year Built:
1965
Roof:
Tile
Number of Units Total:
4
Levels:
Two
Construction Materials:
Concrete Block - No Stucco
Flooring:
Tile
Number of stories:
2
Structure Type:
Fourplex (Quadruplex), Multi Family
Number of Units in the Community or Building:
4
Stories:
2
Flood Zone Code:
AE
Property Condition:
Resale
Taxes and Expenses
Tax Annual Amount:
$33,229.11
Tax Year:
2025
Tax Assessed Value:
$1,912,243.00
Property Tax Details:
City/County
Utilities
Sewer:
Public Sewer
Utilities Available:
Electricity Connected, Water Connected, Cable Connected
Water Source:
Public
Community
Membership Details:
No Membership Available
Pets Allowed?:
Yes, No Restrictions
Subdivision Name:
PALM SQUARE
Senior Community:
No
Restrictions:
No Restrictions
Leasing Permitted
Leasing Permitted Details:
Okay To Lease
Terms
Documents Available:
Copy Of Lease(s)
Listing Terms Considered by Seller:
Cash, Conventional
Buyer Possession:
Negotiable, Subject To Tenant Rights
Negotiable Seller Concessions
Zoning and Legal
Tax Legal Description:
PALM SQUARE UNREC LTS 18 & 19 IN OR89P109
Real Estate Folio Number (Parcel Number):
12434616340000180
Zoning:
RM (city)
Public Schools Assigned
Elementary School:
Pine Grove
High School:
Atlantic
Middle Or Junior School:
Carver Community
Listing History
Active on the market since:
October 8, 2026
Listing Agreement executed on:
October 6, 2026
Listing Status Last Changed On:
October 8, 2026 7:15 am
Photos updated on:
October 8, 2026 12:58 pm
Last Modified:
October 15, 2026 11:43 pm
Additional Information
Courtesy of:
Coldwell Banker Realty
Attribution:
Not provided
Location
Street Name:
7TH
Street Number:
45
City:
Delray Beach
State:
Florida
Zip Code:
33483
County:
Palm Beach
Latitude:
N26° 27' 37.8''
Longitude:
W81° 56' 3.2''
Street Suffix:
Avenue
Street Direction Prefix:
SE
Property Map

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Neighborhood Stats

Source: U.S. Census Bureau, ACS 5-Year Estimates

Median Household Income $117,854
Median Home Value $755,700
Median Rent $2,306/mo
Median Age 59
Population 12,595
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Association of REALTORS®
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