49 SE 7TH Avenue
Delray Beach, FL 33483
$3,000,000
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. 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.
| List Price: | $3,000,000 |
|---|---|
| Property Type: | Residential Income |
| Status: | Active |
| Living Area: | 3,120 |
| Tax Annual Amount: | $33,204 |
| Lot Size Acres: | 0.11 |
| Waterfront?: | No |
| Subdivision: | Palm Square |
| Year Built: | 1966 |
| Basement Yn: | No |
| Building Area Source: | PublicRecords |
| Construction Materials: | Block |
| Cooling: | CentralAir, Electric |
| Elementary School: | Pine Grove |
| Exterior Features: | Balcony, Barbecue, Courtyard, Garden, OutdoorLivingArea |
| Heating: | Central, Electric |
| High School: | Atlantic |
| Levels: | Two |
| Listing Contract Date: | 2026-10-06 |
| Lot Features: | LessThanQuarterAcre |
| Middle Or Junior School: | Carver Community |
| MLS Area Major: | 4230 |
| Mobile Dim Units: | Feet |
| Number Of Units In Community: | 4 |
| Original List Price: | $3,000,000 |
| Parcel Number: | 12434616340000200 |
| Parking Total: | 6 |
| Pets Allowed: | NoPetRestrictions, Yes |
| Possession: | SubjectToTenantRights |
| Postal City: | Delray Beach |
| Property Condition: | Resale |
| Roof: | Tile |
| Sewer: | PublicSewer |
| Special Listing Conditions: | Standard |
| Stories Total: | 2 |
| Tax Year: | 2025 |
| View?: | Yes |
| Current Price: | $3,000,000.00 |
| Country Subdivision: | 12099 |
| Universal Parcel Id: | urn:reso:upi:2.0:US:12099:12434616340000200 |
| Listing Id: | B26085262 |
|---|---|
| Property Sub Type: | Quadruplex |
| Association Fee: | $0 |
| City: | Delray Beach |
| County Or Parish: | Palm Beach |
| Postal Code: | 33483 |
| Number Of Units Total: | 4 |
| Accessibility Features: | None |
| Building Area Total: | 3900.0 |
| Cooling?: | Yes |
| Disclosures: | OwnerIsListingAgent |
| Financial Data Source: | Owner |
| Flooring: | Tile |
| Gross Income: | $275,000 |
| Heating?: | Yes |
| Laundry Features: | InKitchen, InUnit |
| Listing Agreement: | ExclusiveRightToSell |
| Listing Terms: | Cash, Conventional |
| Living Area Source: | PublicRecords |
| Lot Size Area: | 4995.0 |
| MLS Area Minor: | Pb06 |
| Number Of Separate Electric Meters: | 4 |
| Patio And Porch Features: | Open, Patio, Balcony |
| Postal Code Plus4: | 5367 |
| Public Survey Township: | 12 |
| State Or Province: | FL |
| Stories: | 2 |
| Tax Assessed Value: | $1,910,479 |
| Tenant Pays: | CableTv, Electricity, Taxes |
| Utilities: | CableConnected, ElectricityConnected, WaterConnected |
| View: | Garden |
| Water Source: | Public |
| Zoning: | RM (city) |
| Property Sub Type Additional: | Quadruplex |
| Pets Allowed Yn: | Yes |
| Record Signature: | -1,334,053,877 |
Listing Courtesy of: Coldwell Banker Realty
Listing Agent: Nicholas Wisell
561-214-5400
All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 BeachesMLS, Inc. All rights reserved.
BeachesMLS data last updated on October 09, 2026 12:41 AM - ET
Property Last Updated: October 09, 2026 12:41 AM - ET
