111 SE 7th Avenue A, B, C & D., Delray Beach, FL 33483 (MLS# R11166296)

111 SE 7th Avenue A, B, C & D., Delray Beach, FL 33483

$2,125,000

Virtual Tour

https://www.propertypanorama.com/111-SE-7th-Avenue-A-B-C-D-Delray-Beach-FL-33483/unbranded

Minutes to Pineapple Grove Arts & Dining District

Stroll Atlantic Avenue's Dining, Shopping and Entertainment

Property Type: Residential Income Square Footage: 3,120 Status: Active

Current Price: $2,125,000 List Date: 2/24/2026 Last Modified: 4/16/2026

Overview

Description

Investor Alert- Rare multifamily investment opportunity in Downtown Delray Beach's Marina Historic District. Income-producing quadplex currently configured as a triplex just steps to Atlantic Avenue, the Municipal Marina, the Intracoastal, and the beach. Exceptional value-add, redevelopment, or land-banking opportunity in one of Delray Beach's most walkable and scarce coastal neighborhoods. Ideal for investors, developers, or 1031 exchange buyers seeking strong rental demand and long-term appreciation. Newer roof (11/2025) some updated systems and appliances. Renovate, reposition, expand, or build new-prime location supports premium resale and income potential. Opportunities at location are increasingly limited-secure your position in one of Delray's most sought-after districts!

Listing Details MLS# R11166296

General Property Information

Number Of Units Total: 3
Property Sub Type: Quadruplex
Building Area Main: 3120
Building Area Source: Public Records
Living Area Main: 3120
Year Built: 1968
Gated Community YN: No
Lot Size Area: 8200
Lot Size Acres: 0.19
Lot Size Dimensions: 50.0 ft x 165.0 ft
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories: Yes
Pool Private YN: No

Property Features

Association Amenities: None Documents Available: Copy Of Lease(s); Deposit - Security Electric: Three Phase Fencing: Fenced Flooring: Ceramic Tile Property Condition: Resale Structure Type: Quadruplex Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Ceiling Fan(s); Central Individual Heating: Central Individual; Electric Listing Terms: Cash; Conventional Possession: Close Of Escrow; Negotiable Restrictions: Limited # Vehicles; Parking - No Commercial Vehicles; Parking - No RV; Lease OK Other Leasing Restrictions: Tenant Approval Roof: Mansard; Metal; Mixed Sewer: Public Sewer Special Information: Handyman Special; Potential Tear Down; Sold As-Is Tax Information: City/County Utilities: Cable Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Window Features: Single Hung Metal Showing Requirements: Appointment Only; Call Listing Agent; Occupied Occupant Details: Tenant Occupied Outdoor Living Spaces: Deck; Patio Patio Details: Patio - Open Unit 1 Appliances: Dryer; Microwave; Washer Unit 1 Interior Features: Walk-In Closet(s) Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Parking Space Unit 2 Appliances: Dishwasher; Disposal; Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Interior Features: Walk-In Closet(s) Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Parking Space Unit 2 Rooms: Kitchen Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Parking Space Unit 4 Appliances: Dishwasher; Disposal; Microwave; Range; Refrigerator Unit 4 Other Equipment: Air Conditioning Unit Unit 4 Parking Features: Parking Space Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 2250000
Negotiable Seller Concessions YN: No

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 111
Street Direction Prefix: SE
Street Name: 7th
Street Suffix: Avenue
Unit Number: A, B, C & D.
City Name: Delray Beach
State Or Province: FL
Postal Code: 33483
Postal Zip: 33483
Subdivision Name: DELRAY TOWN OF
Area: 4230
Geographic Area: PB06
Elementary School: Pine Grove
Middle Or Junior School: Carver Community
High School: Atlantic
Special Assessment YN: No
Parcel Number: 12434616011260240
Zoning: RM(cit
Directions: I-95 to Atlantic Avenue; head East. South on 7th Ave and home will be on the east side of the street.

Financial Information

Tax Annual Amount: 13081.8
Tax Year: 2025
Tax Legal Description: TOWN OF DELRAY S 50 FT OF N 176 FT OF W 165 FT OF BLK 126

Status Change Information

Major Change Timestamp: 2026-04-16T18:39:58Z
Major Change Type: Price Reduced
Price Change Timestamp: 2026-04-16T18:39:58Z
Status Change Date: 2026-02-24

More Information

Meter Information

Separate Electric Meters YN: Yes
Separate Water Meters YN: Yes

Short Sale Details

Short Sale Addendum: No

Income and Expenses

Annual Total Expense: 20000
Gross Income: 45600
Net Operating Income: 43600

Storm Protection

Accordian Shutters: Complete

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 1900
Baths Full: Yes
Furnished: Unfurnished
SqFt: 780

Unit 1 Lease Description

Lease Expiration: 2026-05-14

Unit 2 Details

Actual Rent: 1900
Baths Full: Yes
Furnished: Unfurnished
SqFt: 780

Unit 2 Lease Description

Lease Expiration: 2026-06-30

Unit 3 Details

SqFt: 780
Actual Rent: 0

Unit 4 Details

Baths Full: 2
SqFt: 800
Actual Rent: 0

Price Calculations

Current Price To SqFt: 721.15

Originating Details

Originating System Key: 20260222233047838121000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Association Amenities

None: Yes

Electric

Three Phase: Yes

Flooring

Ceramic Tile: Yes

Property Condition

Resale: Yes

Special Information

Handyman Special: Yes
Potential Tear Down: Yes
Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes
Deposit - Security: Yes

Fencing

Fenced: Yes

Structure Type

Quadruplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Close Of Escrow: Yes
Negotiable: Yes

Sewer

Public Sewer: Yes

Utilities

Cable Available: Yes
Sewer Available: Yes
Water Available: Yes

View

Garden: Yes

Heating

Central Individual: Yes
Electric: Yes

Water Access

None: Yes

Window Features

Single Hung Metal: Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes

Roof

Mansard: Yes
Metal: Yes
Mixed: Yes

Water Source

Public: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Ceiling Fan(s): Yes
Central Individual: Yes
Electric: Yes

Showing Requirements

Appointment Only: Yes
Call Listing Agent: Yes
Occupied: Yes

Restrictions

Limited # Vehicles: Yes
Parking - No Commercial Vehicles: Yes
Parking - No RV: Yes
Lease OK: Yes

Other Leasing Restrictions

Tenant Approval: Yes

Tax Information

City/County: Yes

Occupant Details

Tenant Occupied: Yes

Outdoor Living Spaces

Deck: Yes
Patio: Yes

Patio Details

Patio - Open: Yes

Unit 1 Appliances

Dryer: Yes
Microwave: Yes
Washer: Yes

Unit 1 Interior Features

Walk-In Closet(s): Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Parking Space: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Interior Features

Walk-In Closet(s): Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Parking Space: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Parking Space: Yes

Unit 4 Appliances

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Range: Yes
Refrigerator: Yes

Unit 4 Other Equipment

Air Conditioning Unit: Yes

Unit 4 Parking Features

Parking Space: Yes

Acreage Description

Less Than 1/4 Acre Lot: Yes

Listing Office: Coldwell Banker Realty /Delray Beach

Last Updated: April - 16 - 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.