$3,000,000
Delray Beach, FL 33483
MLS# B26085262
3900 sqft
1 / 53
Property Description
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, 49 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.
Details
Maps
Contract Information
Comp Sale YN: No
Negotiable Seller Concessions YN: Yes
Seller Represented YN: Yes
Listing Date: 2026-10-06
Status: Active
Original List Price: 3000000
List Price: $3,000,000
Current Price: $3,000,000
Listing Service: Full Service
Location and Legal
County Or Parish: Palm Beach
Municipality Type: Incorporated
Municipal Code: 12
Geographic Area: PB06
Subdivision Number: 34
Special Assessment YN: No
Flood Zone: AE
Country: United States
Street Number: 49
Street Direction Prefix: SE
Street Name: 7TH
Street Suffix: Avenue
State Or Province: FL
Postal Code: 33483
Postal Code +4: 5367
Subdivision Name: PALM SQUARE
Area: 4230
Elementary School: Pine Grove
Middle Or Junior School: Carver Community
High School: Atlantic
Parcel Number: 12434616340000200
Zoning: RM (city)
General Property Information
Number Of Units Total: 4
Adjusted Area Main: 3120
Living Area Main: 3120
Living Area Source: Public Records
Accessibility Features YN: No
Gated Community YN: No
Parking Total: 6
Lot Size Area: 4995
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Land Lease YN: No
Recreation Lease YN: No
Stories Total: 2
Stories: 2
Pool Private YN: No
Spa YN: No
LP/Assessed Value: 1.57
Property Sub Type: Quadruplex
Building Area Main: 3900
Building Area Source: Public Records
Year Built: 1966
Lot Size Acres: 0.11
Financial Information
Application Required YN: No
Master Association YN: No
Estimated Monthly Assoc Recurring Fee: 0
Tax Assessed/SOH Value: 1910479
Assessor Market Value: 2052908
Tax Annual Amount: 33203.78
Tax Year: 2025
Tax Legal Description: PALM SQUARE UNREC LTS 20 & 21 IN OR1104P40
Office/Member Information
DXORIGMLSID: RML
Exterior Features
Barbecue: 1
Courtyard: 1
Garden: 1
Flooring
Tile: 1
Leasing Permitted Details
Leasing Permitted YN: Yes
Okay To Lease: 1
Property Condition
Resale: 1
Special Information
Will Not Divide: 1
Special Listing Conditions
Standard: 1
Co-Ownership
Property Management YN: No
Documents Available
Copy Of Lease(s): 1
Meter Information
Separate Electric Meters YN: Yes
Separate Gas Meters YN: No
Separate Water Meters YN: No
Number Of Meters Total: 5
Number Of Separate Electric Meters: 4
Structure Type
Quadruplex: 1
Tenant Pays
Cable TV: 1
Electricity: 1
Taxes: 1
Possession
Subject To Tenant Rights: 1
Sewer
Public Sewer: 1
Utilities
Cable Connected: 1
Electricity Connected: 1
Water Connected: 1
View
Garden: 1
Heating
Central: 1
Electric: 1
Leasing Restrictions
Leasing - Max Times Per Year: 6
Leasing - Minimum Number of Days: 30
Construction Materials
Concrete Block - No Stucco: 1
Laundry Features
In Kitchen: 1
In Unit: 1
Levels
Two: 1
Listing Terms
Cash: 1
Conventional: 1
Roof
Tile: 1
Water Source
Public: 1
Income and Expenses
Gross Income: 275000
Source Of Expenses
Owner Provided: 1
Cooling
Central Air: 1
Electric: 1
Showing Requirements
Call Listing Agent: 1
Occupied: 1
Membership
No Membership Available: 1
Pets Allowed YN
Yes: 1
Pets Allowed
No Restrictions: 1
Pet Details
Pet Fee YN: No
Restrictions
No Restrictions: 1
Storm Protection Details
None: 1
Tax Information
City/County: 1
Outdoor Living Spaces
Balcony: 1
Patio: 1
Balcony Details
Balcony - Open: 1
Patio Details
Patio - Open: 1
Unit 1 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 1 Details
Actual Rent: 2700
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 780
Unit 1 Interior Features
Stack Bedroom: 1
Unit 1 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-03
Occupant Type: Tenant
Unit 1 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 1 Parking Details
Carport YN: No
Garage YN: No
Unit 1 Parking Features
Open Parking: 1
Parking Space: 1
Unit 1 Patio/Porch
Patio/Porch: 1
Unit 1 Rooms
Kitchen: 1
Unit 2 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 2 Details
Actual Rent: 3500
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Furnished
Hotel Room YN: No
SqFt: 780
Unit 2 Interior Features
Stack Bedroom: 1
Unit 2 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-03-31
Occupant Type: Tenant
Unit 2 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 2 Parking Details
Carport YN: No
Garage YN: No
Unit 2 Parking Features
Open Parking: 1
Parking Space: 1
Unit 2 Patio/Porch
Patio/Porch: 1
Unit 2 Rooms
Kitchen: 1
Unit 3 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 3 Details
Actual Rent: 2500
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Partially
Hotel Room YN: No
SqFt: 780
Unit 3 Interior Features
Stack Bedroom: 1
Unit 3 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-07-14
Occupant Type: Tenant
Unit 3 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 3 Parking Details
Carport YN: No
Garage YN: No
Unit 3 Parking Features
Open Parking: 1
Parking Space: 1
Unit 3 Rooms
Kitchen: 1
Unit 4 Appliances
Dryer: 1
Microwave: 1
Range: 1
Refrigerator: 1
Washer: 1
Unit 4 Details
Actual Rent: 2500
Baths Full: 1
Beds Total: 2
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 780
Unit 4 Interior Features
Stack Bedroom: 1
Unit 4 Lease Description
Currently Leased YN: Yes
Lease Term: 12 Months
Lease Expiration: 2027-06-17
Occupant Type: Tenant
Unit 4 Other Equipment
Air Conditioning Unit: 1
Smoke Detector(s): 1
Unit 4 Parking Details
Carport YN: No
Garage YN: No
Unit 4 Parking Features
Open Parking: 1
Parking Space: 1
Unit 4 Rooms
Kitchen: 1
Price Calculations
Current Price To SqFt: 961.53
Acreage Description
Less Than 1/4 Acre Lot: 1
Less Than 1 Acre Lot: 1
Status Change Information
Major Change Timestamp: 2026-10-08T07:16:03Z
Major Change Type: New Listing
Status Change Date: 2026-10-08
Originating Details
Originating System Key: 20261006202922650365000000
Originating System ID: M00000170
Property Features
Documents Available: Copy Of Lease(s)
Exterior Features: Barbecue; Courtyard; Garden
Flooring: Tile
Leasing Permitted Details: Okay To Lease
Property Condition: Resale
Special Listing Conditions: Standard
Structure Type: Quadruplex
Tenant Pays: Cable TV; Electricity; Taxes
Source Of Expenses: Owner Provided
Construction Materials: Concrete Block - No Stucco
Cooling: Central Air; Electric
Heating: Central; Electric
Laundry Features: In Kitchen; In Unit
Levels: Two
Listing Terms: Cash; Conventional
Membership: No Membership Available
Pets Allowed YN: Yes
Pets Allowed: No Restrictions
Possession: Subject To Tenant Rights
Restrictions: No Restrictions
Roof: Tile
Sewer: Public Sewer
Special Information: Will Not Divide
Storm Protection Details: None
Tax Information: City/County
Utilities: Cable Connected; Electricity Connected; Water Connected
View: Garden
Water Source: Public
Showing Requirements: Call Listing Agent; Occupied
Outdoor Living Spaces: Balcony; Patio
Balcony Details: Balcony - Open
Patio Details: Patio - Open
Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 1 Interior Features: Stack Bedroom
Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 1 Parking Features: Open Parking; Parking Space
Unit 1 Rooms: Kitchen
Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 2 Interior Features: Stack Bedroom
Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 2 Parking Features: Open Parking; Parking Space
Unit 2 Rooms: Kitchen
Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 3 Interior Features: Stack Bedroom
Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 3 Parking Features: Open Parking; Parking Space
Unit 3 Rooms: Kitchen
Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer
Unit 4 Interior Features: Stack Bedroom
Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s)
Unit 4 Parking Features: Open Parking; Parking Space
Unit 4 Rooms: Kitchen
Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot
Supplements
This property is being listed individually but can be coupled in a deal with 45 SE 7th Ave for a total investment of 8 units across two buildings.
Listing Office: Coldwell Banker Realty
Last Updated: October - 13 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
