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$655,000
118 SW 7th StDelray Beach, FL 33444
Duplex|Sold 04/28/2025
0
Beds
0
Total Baths
2,016
SqFt
$325
/SqFt
1956
Built
Subdivision:
NICHOLS 1ST ADD TO DELRAY
County:
Palm Beach
Call Now: (561) 421-3211
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Prime investment opportunity just 5 blocks south of the famous Atlantic Ave in Delray Beach! This nearly fully remodeled duplex features a 2BR/1BA unit rented at $2,800/month and a vacant 4BR/2BA unit with a $4,000-$4,500 rental potential, offering strong cash flow. Property highlights include separate meters, new AC, impact windows, and modern upgrades throughout. Live in one unit and rent the other or lease both for maximum returns. Appraised As-Is at $745K and selling at a 7.9% CAP RATE, this deal won’t last! Perfect for investors or house-hackers looking for prime location and income potential. Don't miss out on this rare find in Delray Beach!
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Listing Snapshot
Bedrooms
N/A
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Inside Area (SqFt)
2,016 sqft
Lot Size
N/A
Year Built
1956
MLS® Number
F10488304
Status
Sold
Property Tax
$8,073
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 6 months ago | Listing updated with changes from the MLS® |
General Features
Levels
One
Parking Spaces
10
Property Sub Type
Duplex
Sewer
Public Sewer
Utilities
Cable Available
Zoning
R-1-A (city)
Interior Features
Cooling
Central AirCeiling Fan(s)
Flooring
Tile
Heating
Central
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Exterior Features
Construction Details
Block
Pool Features
None
Roof
CompositionShingle
Community Features
Financing Terms Available
CashConventional
MLS Area
4370
Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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