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118 SW 12th Avenue Delray Beach, FL $ 624,900
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$ 624,900 Get more info
118 SW 12th Avenue
$ 624,900
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Share Save

118 SW 12th Avenue

Delray Beach, FL, 33444
$ 624,900
Baths3.0 Sq 1,696

Monthly Estimate*

$ 3,848

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Studio

Multi-Family Home for sale in Delray Beach, FL

for $624,900 with 3 full baths. This 1,696 square foot home was built in 1952.

AMAZING INVESTMENT OPPORTUNITY! Located in the prime east area just a few blocks from Atlantic Ave and the heart of Downtown Delray Beach. This Duplex previously an AirBNB is now a yearly rental. This income producing property offers a newly updated spacious 3 bed/2 Bath front unit with open Living area, kitchen and great Florida room. Tenants renewing month-to-month. In back is a cozy 1 bed/1 bath unit with private entrance, separate kitchen/dining and large yard. Lease ends 4/17/26. Separate storage building includes A/C. Plenty of parking, completely fenced in, back fence has gate that opens for even more parking. Room for future expansion, deep lot, ADU, new pool, outdoor living. Don't miss this opportunity to purchase a great property. Only Serious and Fully Qualified Investors

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Multi-Family Contingent

Price

$ 624,900

Bedrooms

Studio

Full Bath

3

Property Type

Multi-Family

Taxes

$ 8,132

Style

Year Built

1952

Town/City

Delray Beach

County/Region

Palm Beach

MLS | Web ID

R11165386
Features
General
Heating Central Electric
Cooling Central Air Ceiling Fan(s) Electric
Utilities Water Available
Possession Close Of Escrow
Roof Composition
Construction Materials Block Concrete
Year Built 1952
Tenant Pays Cable TV Electricity
Stories Count 1
Levels One
Property Subtype Duplex
Tax Year 2025
Gross Income 0
Waterfront Features None
County Palm Beach
Net Operating Income 0
New Construction false
Property Type Residential Income
Association Amenities None
Contingency Financing
Subdivision Name Atlantic Park Gardens Del
Status Active Under Contract
Directions I-95 to Atlantic Ave. Head E to SW 12th Ave. S on SW 12th Ave
City Delray Beach
Disclosures Owner Is Listing Agent
Senior Community Y/N false
Number Of Units Total 2
MLS Area 4470
Tax Annual Amount 8132.89
Property Condition Resale
Virtual Tour https://www.propertypanorama.com/118-SW-12th-Avenue-Delray-Beach-FL-33444/unbranded
Standard Status Active Under Contract
Property Sub Type Additional Duplex
Legal Description ATLANTIC PARK GARDENS LT 17 BLK 3
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Interior
Flooring Ceramic Tile
Air Conditioning Y/N true
Heating Y/N true
Total Baths 3
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Exterior
Exterior Amenities Room For Pool
Fencing Fenced
Lot Features < 1/4 Acre
Water Source Public
Building Area Total 1696
Waterfront Y/N false
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* Excluded Features
List By
Carolina Connor

Listing Agent

Affordability Calculator

$4,525
Per Month
85%
15%
0%
Monthly Principal & Interest
$3,848
Monthly Property Taxes
$678
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% 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
Date Price Price Change Description
4/6/2026 $624,900 -3.71% Price Down
2/21/2026 $649,000 Listed Price

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118 SW 12th Avenue, Delray Beach, FL, 33444 is a Multi-Family Home for sale at $624,900 with 1,696 sqft. 118 SW 12th Avenue is a studio with 3.0 baths and was built in 1952. The property's zip code is 33444 which is in Delray Beach, FL

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