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Commercial: MLS #A11810309 Delray Beach, FL $ 3,995,000
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Commercial: MLS #A11810309
$ 3,995,000
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Share Save

Commercial: MLS #A11810309

Delray Beach, FL, 33483
$ 3,995,000
Bedrooms3 Baths-- Sq 4,786

Monthly Estimate*

$ 24,924

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View a Virtual Tour

Commercial Property for sale in Delray Beach, FL

for $3,995,000 with 3 bedrooms. This building is 4,786 square feet.

Fully renovated apartment complex located in prestigious Delray Beach. This complex consists of two buildings with nine rental units. All units are fully leased under a master lease. The owner pays property tax and insurance. Renovation included new roof, hurricane impact doors and windows. All new plumbing, new HVAC systems, new electrical panels and appliances. New pool with paver hardscape and landscaping. Resurfaced parking lot. This is an excellent opportunity that you don't want to miss. Located minutes from Downtown Delray, within the free Delray beach ride share, and walking distance to supermarket and drug store. Investors can purchase a fully leased apartment complex with excellent tenant. Master lease tenant is operating with a hotel license for short term rentals

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Commercial Active

Price

$ 3,995,000

Bedrooms

3

Property Type

Commercial

Taxes

$ 26,010

Style

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

A11810309
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air
Roof Shingle
Security Features Security System Fenced
Construction Materials Block
Electric 100 Amp Service
Stories Count 1
Levels One
Property Subtype Multi Family
Ownership Limited Partnership
Building Name Delray Beach Apartments
County Palm Beach
Property Type Commercial Sale
Full Baths 0
Status Active
Directions From I-95 proceed east on W Atlantic Ave make left on NE 6th Ave (North ) to NE 4th Ave make right and property on right two blocks. Corner of NE 7th Ave and NE 4th Street
City Delray Beach
Zoning Description RM (city
Number Of Units Total 9
MLS Area 4220
Lot Size Units Square Feet
Lot Size Square Feet 14566
Year Built Details New Construction
Tax Annual Amount 26010
MLS Area Minor Palm Beach 4220a; 4230b; 4360a; 4370b
Virtual Tour https://www.propertypanorama.com/instaview/mia/A11810309
Structure Type Apartment Multi Family
Standard Status Active
Occupancy Type Call Agent
Property Sub Type Additional Multi Family
Expected Active Date 2025-05-28
Legal Description HIGHLAND PARK DELRAY LTS 27 & 28 BLK 121
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Interior
Flooring Tile
Air Conditioning Y/N true
Heating Y/N true
Window Features Impact Glass
Total Bedrooms 3
Total Baths 0
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Exterior
Parking Features Common
Water Source Public
Total Parking 9
Lot Size Area 14566
Number of Buildings 2
Building Area Total 4786
Waterfront Y/N false
Covered Spaces 0
Number of Separate Electric Meters 1
Road Frontage Type City Street
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* Excluded Features
List By
Blue Water Re Llc

Broker

Cody@bluewaterrellc.com

Email

Affordability Calculator

$27,091
Per Month
92%
8%
0%
Monthly Principal & Interest
$24,924
Monthly Property Taxes
$2,168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
10/22/2025$3,995,000 Listed Price

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