1040 Miami Boulevard 1,2,3, Delray Beach, FL 33483

$1,088,500

Virtual Tour

https://www.propertypanorama.com/1040-Miami-Boulevard-123-Delray-Beach-FL-33483/unbranded

Property Type: Residential Income Square Footage: 2,662 Status: Active

Current Price: $1,088,500 List Date: 1/21/2026 Last Modified: 4/09/2026

Overview

Description

This East Delray Beach and walk (or a short bike ride) to the beach triplex is situated on a prime double lot with no rear neighbors. Property boasts a new roof and units are separately metered for electricity and city water. The manicured grounds with mature coconut palms include sprinklers attached to well water with a new pump for irrigation. The 3 unit layout features two large 2-bed/1-bath corner units and one spacious 1-bed/1-bath unit, each equipped with a full size washer and dryer. Additional highlights include a freshly painted exterior and six paved parking spaces in front of the property. The property is located East of Dixie Highway just north of all the shopping, restaurants, gym and with close proximity to Delray's beautiful beach (access on Linton Blvd)

Listing Details MLS# R11156498

General Property Information

Number Of Units Total: 3
Property Sub Type: Triplex
Building Area Main: 2662
Building Area Source: Public Records
Living Area Main: 2482
Living Area Source: Assessor
Accessibility Features YN: No
Year Built: 1975
Gated Community YN: No
Lot Size Area: 12248
Lot Size Acres: 0.28
Lot Size Dimensions: 110x100 irreg
Senior Community YN: No
Outdoor Living Spaces YN: Yes
Stories Total: Yes
Stories: Yes
Pool Private YN: No
Spa YN: No

Property Features

Documents Available: Copy Of Lease(s) Electric: Three Phase Flooring: Tile Property Condition: Resale Structure Type: Triplex Tenant Pays: Cable TV; Electricity; Sewer; Water Source Of Expenses: Owner Provided Construction Materials: CBS Cooling: Central Air Heating: Central; Electric Listing Terms: Cash; Conventional; FHA; VA Loan Lot Features: Many Trees; Room for Pool; Sidewalks Possession: Negotiable; Subject To Tenant Rights Restrictions: No Restrictions Road Frontage Type: West of US-1 Roof: Composition Sewer: Public Sewer Special Information: Sold As-Is Sprinkler Description: Auto Sprinkler; Well Sprinkler Tax Information: City/County; No Homestead Utilities: Electricity Available; Sewer Available; Water Available View: Garden Water Access: None Water Source: Public; Well Window Features: Blinds; Storm Window(s) Showing Requirements: 24 Hour Notice; Appointment Only; Listing Agent Must Accompany; Occupied; Schedule Online Occupant Details: Tenant Occupied Outdoor Living Spaces: Patio Patio Details: Patio - Open Unit 1 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 1 Interior Features: Stack Bedroom Unit 1 Other Equipment: Air Conditioning Unit Unit 1 Parking Features: Open Parking Unit 1 Rooms: Kitchen; Laundry Room Unit 2 Appliances: Dishwasher; Disposal; Dryer; Range; Refrigerator; Washer Unit 2 Other Equipment: Air Conditioning Unit Unit 2 Parking Features: Open Parking Unit 2 Rooms: Kitchen Unit 3 Appliances: Dishwasher; Dryer; Range; Refrigerator; Washer Unit 3 Other Equipment: Air Conditioning Unit Unit 3 Parking Features: Open Parking Unit 3 Rooms: Kitchen Acreage Description: 1/4 To Less Than 1/2 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN: No
Original List Price: 1088500
Owner Phone: 561-400-3737
Negotiable Seller Concessions YN: Yes
Listing Service: Full Service
Seller Represented YN: Yes

Location and Legal

Country: United States
County Or Parish: Palm Beach
County Parish Name: Palm Beach
Street Number: 1040
Street Name: Miami
Street Suffix: Boulevard
Unit Number: 1,2,3
City Name: Delray Beach
State Or Province: FL
Postal Code: 33483
Postal Code +4: 3437
Postal Zip: 33483
Subdivision Name: Silver Terrace Delray
Development Name: Silver Terrace Delray
Area: 4230
Geographic Area: PB06
Elementary School: Pine Grove
Middle Or Junior School: Boca Raton Community
High School: Boca Raton
Special Assessment YN: No
Parcel Number: 12434621130050010
Zoning: SAD-Multifamily
Directions: Located East of Old Dixie Hwy and West of US1, North of Linton Blvd and South of SW 10th St. Off Old Dixie, head to Wilson Ave, head East on Wilson. Drive to Miami Blvd, property on North West side

Financial Information

Tax Annual Amount: 13179.3
Tax Year: 2025
Tax Legal Description: SILVER TERRACE DELRAY LTS 1 & 2 BLK 5
Estimated Monthly Assoc Recurring Fee: 0

Status Change Information

Major Change Timestamp: 2026-01-21T19:39:59Z
Major Change Type: New Listing
Status Change Date: 2026-01-21

More Information

Meter Information

Separate Electric Meters YN: Yes
Number Of Separate Electric Meters: 3
Separate Gas Meters YN: No
Separate Water Meters YN: Yes
Number Of Separate Water Meters: 3
Number Of Meters Total: 3

Income and Expenses

Annual Total Expense: 21368
Gross Income: 60600
Net Operating Income: 39232

Storm Protection

Impact Glass: Complete

Showing Details

Pet(s) on Premises: No

Unit 1 Details

Actual Rent: 1700
Baths Full: Yes
Efficiency YN: No
Furnished: Unfurnished
Hotel Room YN: No
SqFt: 950

Unit 2 Details

Actual Rent: 1650
Baths Full: Yes
Furnished: Unfurnished
SqFt: 583

Unit 3 Details

Actual Rent: 1700
Baths Full: Yes
Furnished: Unfurnished
SqFt: 950

Price Calculations

Current Price To SqFt: 408.9

Originating Details

Originating System Key: 20260115173314476561000000
Originating System ID: M00000170

Office/Member Information

DXORIGMLSID: RML

Electric

Three Phase: Yes

Flooring

Tile: Yes

Property Condition

Resale: Yes

Special Information

Sold As-Is: Yes

Documents Available

Copy Of Lease(s): Yes

Structure Type

Triplex: Yes

Tenant Pays

Cable TV: Yes
Electricity: Yes
Sewer: Yes
Water: Yes

Possession

Negotiable: Yes
Subject To Tenant Rights: Yes

Sewer

Public Sewer: Yes

Utilities

Electricity Available: Yes
Sewer Available: Yes
Water Available: Yes

View

City: Yes
Garden: Yes

Heating

Central: Yes
Electric: Yes

Sprinkler Description

Auto Sprinkler: Yes
Well Sprinkler: Yes

Water Access

None: Yes

Window Features

Blinds: Yes
Storm Window(s): Yes

Construction Materials

CBS: Yes

Listing Terms

Cash: Yes
Conventional: Yes
FHA: Yes
VA Loan: Yes

Lot Features

Many Trees: Yes
Room for Pool: Yes
Sidewalks: Yes

Road Frontage Type

West of US-1: Yes

Roof

Composition: Yes

Water Source

Public: Yes
Well: Yes

Source Of Expenses

Owner Provided: Yes

Cooling

Central Air: Yes
Electric: Yes

Showing Requirements

24 Hour Notice: Yes
Appointment Only: Yes
Listing Agent Must Accompany: Yes
Occupied: Yes
Schedule Online: Yes

Restrictions

No Restrictions: Yes

Tax Information

City/County: Yes
No Homestead: Yes

Occupant Details

Tenant Occupied: Yes

Outdoor Living Spaces

Patio: Yes

Patio Details

Patio - Open: Yes

Unit 1 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 1 Interior Features

Stack Bedroom: Yes

Unit 1 Other Equipment

Air Conditioning Unit: Yes

Unit 1 Parking Features

Open Parking: Yes

Unit 1 Rooms

Kitchen: Yes
Laundry Room: Yes

Unit 2 Appliances

Dishwasher: Yes
Disposal: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 2 Other Equipment

Air Conditioning Unit: Yes

Unit 2 Parking Features

Open Parking: Yes

Unit 2 Patio/Porch

Patio/Porch: Yes

Unit 2 Rooms

Kitchen: Yes

Unit 3 Appliances

Dishwasher: Yes
Dryer: Yes
Range: Yes
Refrigerator: Yes
Washer: Yes

Unit 3 Other Equipment

Air Conditioning Unit: Yes

Unit 3 Parking Features

Open Parking: Yes

Unit 3 Rooms

Kitchen: Yes

Acreage Description

1/4 To Less Than 1/2 Acre Lot: Yes
Less Than 1 Acre Lot: Yes

Listing Office: Compass Florida LLC

Last Updated: April - 09 - 2026

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1040 Miami Boulevard 1,2,3, Delray Beach, FL 33483 (MLS# R11156498)