1018 SW 7th Avenue #1018, 1020, 1022, 10
Delray Beach, FL 33444

Listed By: Boca Expert Realty LLC


  • Bedrooms 4
  • Bathrooms 4
  • Square Footage 2,343
  • Lot Size
    0.31 /Acres
  • Year Built 1953
  • Date Listed 6/10/21
  • Price Per Sqft $264
  • Days On Market 6

A multi-family value-add opportunity with current gross rents of $3,900 per month, $46,800 annual. 6% cap with current rents and opportunity to raise rents to market level!! This property consists of 2 buildings on a double lot with 4 rentable units: 1018 - 2 Bed/1 Bath, 1020 - 1 Bed/ 1 Bath, 1022 - 2 Bed/1 Bath, and 1024 - 1 Bed/ 1 Bath in the Ridgewood Heights submarket of Delray Beach. All units currently occupied with month to month leases allowing an incoming owner to easily raise rents. Perfect for investors, this is an opportunity to own income producing Real Estate in one of the hottest and fast growing markets in South FL. Located in the heart of Delray Beach, just north of Linton, south of the bustling Atlantic Ave, just west of Swinton, east of I-95, and less than 2 miles to th

MLS#
RX-10722958
Property Type
Multi-Family
Bedrooms
4
County
Palm Beach
Bathrooms
4
Year Built
1953
Lot Size
0.31 Acres

Data provided below are primarily sourced from Public Records data.

Data provided below are primarily sourced from Public Records data.

Nearby Recent Sales (Sourced from Public Records)
Street Address City Beds Baths Sold Price Sold Date
1 2410 Sundy Avenue Delray Beach 3 2 n/a 6/2/2021
2 1106 SW 7th Avenue Delray Beach 3 2 n/a 4/19/2021
3 1108 SW 7th Avenue Delray Beach 3 2 n/a 4/26/2021
4 1110 SW 7th Avenue Delray Beach 3 2 n/a 4/29/2021
5 610 Lucky Lane Delray Beach n/a 3/22/2021
6 1038 SW 7th Avenue Delray Beach 2 1 n/a 1/22/2021
7 910 SW 10th Ave Delray Beach 2 1 n/a 3/8/2021
8 307 SW 9th Court Delray Beach 2 1 n/a 3/31/2021
9 360 Reigle Avenue Delray Beach 3 2 n/a 3/3/2021
10 2453 Southridge Road Delray Beach 2 2 n/a 3/6/2021
Delray Beach, FL Population & Environmental Statistics
Zip
City
County
National
23,037
67,606
1,496,462
331,426,769
4,584
4,279
760
94
2.6
2.2
2.4
2.6
40.3
46.5
45.6
39
$58,090
$60,540
$63,256
$61,963
$33,461
$43,119
$40,112
$33,235
102
90
97
100
Environment
Zip
City
County
National
57.61
57.8
57.3
22.6
91.17
91.8
90.1
86.1
58.81
57.27
61.39
38
Source: Sperling's Best Places
Email
Call

Ask A Question

(+1)
I have read and agree to TCPA Consent

Request A Showing

Thomas O'Leary, License BK3453168, corp@realty.com, 877-673-2589, L. Custen Realty, Inc. d/b/a Realty.com, Firm License CQ1059057, 8323 Southwest Freeway, Suite 900 Houston, TX 77074
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2021 Beaches Multiple Listing Service, Inc.

This content last refreshed on 2021-06-15 10:55:00. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.