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Off marketOpen house: Sat, Apr 15 · 12-4 PM

Buy a multi-family propertyat 138 7th Avenue, Delray Beach, FL 33483

$3,450,000

$0/mo

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Multifamily

2,576 Sq. Ft.

2,730 Sq. Ft. lot

409 Days on market

RX-10871411 MLS ID

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About 138 7th Avenue multi-family property

Bespoke Three (3) Unit Rental Property in the Historic Delray Beach Marina District making nice income and room for upside in rents and even future development or an addition. All are fully leased and fully furnished just STEPS from the shopping and dining on Atlantic Avenue and the BEST beach in Florida! PLEASE do not disturb tenants: Fully-occupied property with one 2 bed/2 bath, one 2 bed/1 bath unit and one 1 bed/1 bath, all equipped with full kitchens and dining areas, each has a stackable W/D, private, secure pet friendly fenced yard. Marina slip rental at Public Marina. NO rental restrictions. New Roofs in 2017 Income figures based on VRBO rentals at present time. SOLD furnished. LIVE in one and EARN a living by RENTING the other 2 units MUST SEE!
Bespoke Three (3) Unit Rental Property in the Historic Delray Beach Marina District making nice income and room for upside in rents and even future development or an addition. All are fully leased and fully furnished just STEPS from the shopping and dining on Atlantic Avenue and the BEST beach in Florida! PLEASE do not disturb tenants: Fully-occupied property with one 2 bed/2 bath, one 2 bed/1 bath unit and one 1 bed/1 bath, all equipped with full kitchens and dining areas, each has a stackable W/D, private, secure pet friendly fenced yard. Marina slip rental at Public Marina. NO rental restrictions. New Roofs in 2017 Income figures based on VRBO rentals at present time. SOLD furnished. LIVE in one and EARN a living by RENTING the other 2 units MUST SEE!

Open houses

Sat, Apr 15, 12:00 PM - 4:00 PM

Property details

Listing

Source: Palm Beach

Listing date: 2023-03-06

REO: No

Short sale?: No

$1,339 per square foot

Bathrooms

Unit 1 has 2 full bathrooms

Unit 2 has 1 full bathroom

Unit 3 has 1 full bathroom

Bedrooms

Unit 1 has 2 bedrooms

Unit 2 has 2 bedrooms

Unit 3 has 1 bedroom

House

2,576 total living square feet

2,730 total square feet

Built in 1940

1 story

3 units in building

Year built description: Resale

Square footage source: Floor Plan

Unit 1 is 1,106 square feet

Unit 2 is 825 square feet

Unit 3 is 216 square feet

Frame

Woodside

A/C Unit

Built-in Shelves

Cathed/Vault Ceiling

Dishwasher

Disposal

Dryer

Electric Meter

French Doors

Microwave

Patio

Range - Gas

Refrigerator

Smoke Detector

Walk-in Closets

Washer

Window Cover

A/C Unit

Built-in Shelves

Dishwasher

Disposal

Dryer

Kitchen

Microwave

Patio

Range - Gas

Refrigerator

Separate Dining

Smoke Detector

Walk-in Closets

Washer

Window Cover

A/C Unit

Built-in Shelves

Den/Family

Dishwasher

Disposal

Dryer

Kitchen

Laundry

Microwave

Range - Electric

Refrigerator

Separate Dining

Walk-in Closets

Washer

Window Cover

Cooling

Ceiling Fan

Central Building

Wall-Win A/C

Exterior Features

Auto Sprinkler

Covered Balcony

Covered Patio

Custom Lighting

Deck

Extra Building

Fence

Open Patio

Room for Pool

Shutters

Zoned Sprinkler

Floors

Ceramic Tile

Wood Floor

Heating

Central

Central Building

Gas

Interior Features

Unit 1 furnished?: Yes

Unit 2 furnished?: Yes

Location

County: Palm Beach

Subdivision: DELRAY TOWN OF

Lot

Lot dimensions: 135' deep x 78' wide

10,497 lot square feet

< 1/4 Acre

Miscellaneous

Business type: None

Unit 1 monthly income: $0

Unit 1 monthly lease ends: 2023-04-01

Unit 2 monthly income: $0

Unit 3 monthly income: $0

Gross operating income: $0

Annual total expense: $0

Annual net operating income: $0

None

Cash

Conventional

Exchange

FHA

Parking

Space Parking

Space Parking

Space Parking

Property

Property type: B

Zoning: RM

Waterfront: No

None

Roof

Comp Shingle

Schools

Middle school: Carver Middle School

High school: Atlantic High School

Elementary school: Pine Grove Elementary School

Taxes

Real estate taxes: $20,165

Tax year: 2022

Homestead

Other Exemption

Utilities

0.00 meter

Cable

Electric

Gas Natural

Public Sewer

Public Water

Windows and Doors

Blinds

Monthly cost

Estimated monthly cost

$22,359/mo

All calculations are estimates and provided for informational purposes only. Actual amounts may vary.

Sale and tax history

Sales history

Date

Dec 1, 2015

Price

$850,000

Date

Mar 21, 2011

Price

$395,000

Date

Aug 6, 2010

Price

$280,000

Date

Mar 31, 2005

Price

$535,000

DatePrice
Dec 1, 2015$850,000
Mar 21, 2011$395,000
Aug 6, 2010$280,000
Mar 31, 2005$535,000

Schools

This home is within the Palm Beach.

Lake Worth Beach & West Palm Beach & Pahokee & Delray Beach & Riviera Beach & Canal Point & Boynton Beach & Belle Glade enrollment policy is not based solely on geography. Please check the school district website to see all schools serving this home.

Private schools

Seller fees & commissions

Home sale price

$

Outstanding mortgage

$

Selling with traditional agent

Selling with Unreal Estate agent

Your total sale proceeds$3,243,000

+$103,500

$3,346,500

Seller agent commission$103,500 (3%)*

$0 (0%)

Buyer agent commission$103,500 (3%)*

$103,500 (3%)*

*Commissions are based on national averages and not intended to represent actual commissions of this property

Get $103,500 more selling your home
with an Unreal Estate agent

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Unreal Estate checked: Aug 8, 2023 at 4:44 p.m.

Data updated: Apr 15, 2023 at 2:02 p.m.

Courtesy of Engel & Volkers Boca Raton
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed.
Listing Information © 2024 BeachesMLS, Inc. All Rights Reserved.

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