45 SE 7TH Avenue, Delray Beach, FL 33483 (MLS# B26085509)

45 SE 7TH Avenue, Delray Beach, FL 33483

$3,000,000
Property Type: Residential Income Square Footage: 3,900 Status: Active
Current Price: $3,000,000 List Date: 10/08/2026 Last Modified: 10/21/2026

Overview

Description

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, 45 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.

Supplements: This property is being listed individually but can be coupled in a deal with 49 SE 7th Ave for a total investment of 8 units across two buildings.

Listing Details MLS# B26085509

General Property Information

Number Of Units Total
4
Property Sub Type
Quadruplex
Building Area Main
3900
Building Area Source
Public Records
Living Area Main
3120
Living Area Source
Public Records
Adjusted Area Main
3120
Accessibility Features YN
No
Year Built
1965
Parking Total
6
Gated Community YN
No
Lot Size Area
4995
Lot Size Acres
0.11
Senior Community YN
No
Land Lease YN
No
Recreation Lease YN
No
Outdoor Living Spaces YN
Yes
Stories Total
2
Stories
2
Pool Private YN
No
Spa YN
No
LP/Assessed Value
1.57

Property Features

Documents Available: Copy Of Lease(s) Exterior Features: Barbecue Flooring: Tile Leasing Permitted Details: Okay To Lease Property Condition: Resale Special Listing Conditions: Standard Structure Type: Multi Family; Quadruplex Tenant Pays: Cable TV; Electricity; Taxes Source Of Expenses: Owner Provided Construction Materials: Concrete Block - No Stucco Cooling: Central Air; Electric Heating: Central; Electric Laundry Features: In Unit; Inside Levels: Two Listing Terms: Cash; Conventional Main Living Area: Entry Level; Upstairs Membership: No Membership Available Pets Allowed YN: Yes Pets Allowed: No Restrictions Possession: Negotiable; Subject To Tenant Rights Restrictions: No Restrictions Roof: Tile Sewer: Public Sewer Tax Information: City/County Utilities: Cable Connected; Electricity Connected; Water Connected View: Garden Water Source: Public Showing Requirements: Call Listing Agent; Occupied Outdoor Living Spaces: Balcony; Courtyard; Patio Balcony Details: Balcony - Open Courtyard Details: Courtyard - Open Patio Details: Patio - Open Unit 1 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 1 Interior Features: Stack Bedroom Unit 1 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 1 Parking Features: Open Parking; Parking Space Unit 1 Rooms: Kitchen Unit 2 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 2 Interior Features: Stack Bedroom Unit 2 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 2 Parking Features: Open Parking; Parking Space Unit 2 Rooms: Kitchen Unit 3 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 3 Interior Features: Stack Bedroom Unit 3 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 3 Parking Features: Open Parking; Parking Space Unit 3 Rooms: Kitchen Unit 4 Appliances: Dryer; Microwave; Range; Refrigerator; Washer Unit 4 Interior Features: Stack Bedroom Unit 4 Other Equipment: Air Conditioning Unit; Smoke Detector(s) Unit 4 Parking Features: Open Parking; Parking Space Unit 4 Rooms: Kitchen Acreage Description: Less Than 1/4 Acre Lot; Less Than 1 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
3000000
Negotiable Seller Concessions YN
Yes
Listing Service
Full Service
Seller Represented YN
Yes

Location and Legal

Country
United States
County Or Parish
Palm Beach
Street Number
45
Street Direction Prefix
SE
Street Name
7TH
Street Suffix
Avenue
Municipality Type
Incorporated
Municipal Code
12
State Or Province
FL
Postal Code
33483
Postal Code +4
5366
Subdivision Name
PALM SQUARE
Area
4230
Geographic Area
PB06
Elementary School
Pine Grove
Middle Or Junior School
Carver Community
High School
Atlantic
Special Assessment YN
No
Parcel Number
12434616340000180
Subdivision Number
34
Zoning
RM (city)
Flood Zone
AE

Financial Information

Application Required YN
No
Master Association YN
No
Tax Annual Amount
33229.11
Tax Year
2025
Tax Assessed/SOH Value
1912243
Tax Legal Description
PALM SQUARE UNREC LTS 18 & 19 IN OR89P109
Assessor Market Value
2053743

Status Change Information

Major Change Timestamp
2026-10-08T07:15:59Z
Major Change Type
New Listing
Status Change Date
2026-10-08

More Information

Co-Ownership

Property Management YN
No

Leasing Permitted Details

Leasing Permitted YN
Yes

Meter Information

Separate Electric Meters YN
Yes
Number Of Separate Electric Meters
4
Separate Gas Meters YN
No
Separate Water Meters YN
No
Number Of Meters Total
5

Income and Expenses

Gross Income
275000

Pet Details

Pet Fee YN
No

Leasing Restrictions

Leasing - Max Times Per Year
6
Leasing - Minimum Number of Days
30

Unit 1 Details

Actual Rent
3000
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
780

Unit 1 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-05-01
Occupant Type
Tenant

Unit 1 Parking Details

Carport YN
No
Garage YN
No

Unit 2 Details

Actual Rent
2750
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
780

Unit 2 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-03-31
Occupant Type
Tenant

Unit 2 Parking Details

Carport YN
No
Garage YN
No

Unit 3 Details

Actual Rent
3000
Baths Full
Yes
Efficiency YN
No
Furnished
Unfurnished
Hotel Room YN
No
SqFt
780

Unit 3 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-05-01
Occupant Type
Tenant

Unit 3 Parking Details

Carport YN
No
Garage YN
No

Unit 4 Details

Actual Rent
2700
Baths Full
Yes
Efficiency YN
No
Furnished
Furnished
Hotel Room YN
No
SqFt
780

Unit 4 Lease Description

Currently Leased YN
Yes
Lease Term
12 Months
Lease Expiration
2027-01-01
Occupant Type
Tenant

Unit 4 Parking Details

Carport YN
No
Garage YN
No

Price Calculations

Current Price To SqFt
961.53

Originating Details

Originating System Key
20261007145749347325000000
Originating System ID
M00000170
IDX
Listing Office: Coldwell Banker Realty
Source MLS Verified
Last Updated: October - 21 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
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