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325 E Decarie Street, Delray Beach, FL 33444
Overview
Description
Supplements: ... (Read more) Two (2-bedroom, 1-bath units) and one standalone remolded cottage, offering flexible income potential. All units are fully furnished ready perfect for owner occupancy, luxury Airbnb rentals, or long-term leasing. Investment Potential: Market Rent Estimates estimates are 3,000 to 6,000 monthly as an fully permitted Airbnb. Cottage is fully renovated with new kitchen bath floors and bathroom and comes fully furnished. The seller will consider a carryback with at least 20% down and will wrap the existing note at 7.25% interest only up to 10 years. Recently appraisal at 1,525,000 Please respect tenant privacy drive-by only. All information is deemed reliable but not guaranteed. Buyers should verify MLS data. Offered by Owner/Broker. Seize this rare opportunity to own a turnkey modern investment property in one of South Florida's most desirable locations! Call for your showing.
Listing Details MLS# R11124705
General Property Information
- Property Sub Type
- Triplex
- Building Area Main
- 1966
- Building Area Source
- Public Records
- Living Area Main
- 1831
- Year Built
- 1954
- Gated Community YN
- No
- Lot Size Area
- 7520
- Lot Size Acres
- 0.17
- Senior Community YN
- No
- Stories
- Yes
- Pool Private YN
- No
Property Features
Contract Information
- Comp Sale YN
- No
- Listing Contract Date
- 2025-09-17
- Original List Price
- 1525000
- Negotiable Seller Concessions YN
- Yes
Location and Legal
- Country
- United States
- County Or Parish
- Palm Beach
- County Parish Name
- Palm Beach
- Street Number
- 325
- Street Direction Prefix
- E
- Street Name
- Decarie
- Street Suffix
- Street
- City Name
- Delray Beach
- State Or Province
- FL
- Postal Code
- 33444
- Postal Zip
- 33444
- Subdivision Name
- DECARIE
- Area
- 4610
- Geographic Area
- PB14
- Parcel Number
- 12434604070000090
- Zoning
- RM(cit
Financial Information
- Tax Annual Amount
- 9493.09
- Tax Year
- 2024
- Tax Legal Description
- DECARIE SUB LT 9
Status Change Information
- Major Change Timestamp
- 2025-10-06T00:35:45Z
- Major Change Type
- Price Reduced
- Price Change Timestamp
- 2025-10-06T00:35:45Z
- Status Change Date
- 2025-09-17
More Information
Meter Information
- Separate Electric Meters YN
- Yes
- Separate Water Meters YN
- No
Short Sale Details
- Short Sale Addendum
- No
Income and Expenses
- Annual Total Expense
- 16500
- Gross Income
- 114000
- Net Operating Income
- 97500
Storm Protection
- Impact Glass
- Partial
Showing Details
- Pet(s) on Premises
- No
Unit 1 Details
- Actual Rent
- 3500
- Baths Full
- Yes
- Furnished
- Unfurnished
- SqFt
- 740
Unit 2 Details
- Actual Rent
- 3500
- Baths Full
- Yes
- Furnished
- Unfurnished
- SqFt
- 745
Unit 3 Details
- Actual Rent
- 2500
- Efficiency YN
- Yes
- SqFt
- 360
Price Calculations
- Current Price To SqFt
- 737.3
Originating Details
- Originating System Key
- 20250417192324338889000000
- Originating System ID
- M00000170
Currently Not Used
- Number Of Units Total
- 3
Office/Member Information
- DXORIGMLSID
- RML
Association Amenities
- None
- Yes
Association Fee Includes
- HVAC Maintenance
- Yes
Flooring
- Ceramic Tile
- Yes
- Laminate
- Yes
- Wood
- Yes
Property Condition
- Resale
- Yes
Documents Available
- Copy Of Lease(s)
- Yes
- Deposit - Security
- Yes
Structure Type
- Triplex
- Yes
Tenant Pays
- Electricity
- Yes
Other Structures
- Outbuilding
- Yes
Sewer
- Public Sewer
- Yes
Utilities
- Sewer Available
- Yes
Heating
- Central
- Yes
- Heat Pump
- Yes
- Natural Gas
- Yes
- Window/Wall
- Yes
- Other
- Yes
Sprinkler Description
- Auto Sprinkler
- Yes
Water Access
- None
- Yes
Construction Materials
- Stucco
- Yes
- Other
- Yes
Levels
- One
- Yes
Listing Terms
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- Trade
- Yes
- VA Loan
- Yes
Road Frontage Type
- Public Road
- Yes
Road Surface Type
- Paved
- Yes
Roof
- Composition
- Yes
Source Of Expenses
- Pro Forma
- Yes
- Other
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Ductless
- Yes
- Heat Pump
- Yes
- Wall/Window Unit(s)
- Yes
- Other
- Yes
Showing Requirements
- Call Listing Agent
- Yes
- Text Listing Agent
- Yes
Restrictions
- No Restrictions
- Yes
Storm Protection Details
- None
- Yes
Tax Information
- City/County
- Yes
Outdoor Living Spaces
- Patio
- Yes
- Porch
- Yes
Unit 1 Appliances
- Disposal
- Yes
Unit 1 Other Equipment
- Air Conditioning Unit
- Yes
Unit 1 Parking Features
- Open Parking
- Yes
- Parking Space
- Yes
Unit 2 Other Equipment
- Air Conditioning Unit
- Yes
Unit 2 Parking Features
- On Street
- Yes
Acreage Description
- Less Than 1/4 Acre Lot
- Yes