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$3,100,000
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Property Description
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
Full Property Details
Full Property Details for MLS# A11810309
General
- Sold For: $3,100,000
- Taxes: $26,010
- Status: Closed
- Type: Apartment
- Source: Greater_Miami
- MLS ID: A11810309
- Added to Site: 491 day(s) ago
Business
- Business Type: Apartments, Residential-Multi-Family
Interior
- Flooring: Tile
Additional Information
- Security/Safety: Security Fence, Security System
Parking
- Total Spaces: 9
- Parking Features: Common
Location
- County: Palm Beach County
- Building Name: Delray Beach Apartments
- Driving 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
- Dist. to Freeway: 2
Community
- Units Assoc/Comm: 9
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Central Building A/C
- Heating Type: Central Electric
Utilities
- Electric Available: Yes
- Sewer: Public Sanitation
- Water: Public
Structural Information
- # Buildings: 2
- Structure Type: Free Standing
- Detached/Attached: Detached
- Construction: Concrete Block Construction, Sheet Rock
- Roof: Shingle
- Windows: Complete Impact Glass
- Stories/Levels: 1
- Building Size: 4786
- Current Bldg. Use: Income Non-Waterfront
- Property Condition: New Construction
- Other Struct. Feat.: Laundry Facilities, Pool
Unit Information
- Units in Complex: 9
Lot Features
- Lot Size (Sq. Ft.): 14,566
- Lot Features: Corner Lot, In Residential Area
- Potential Use: Investment
- Zoning: RM (city
- Fencing (Description): Fenced
Financial Considerations
- Tax Amount: $26,010
Disclosures and Reports
- Ownership: Limited Partnership
- Special Conditions: Sale
- Legal Description: HIGHLAND PARK DELRAY LTS 27 & 28 BLK 121
- Inclusions: Building & Land, Fixtures, Furniture, Furniture/Fixtures
- Property ID: 12434616051210270
Listed by Blue Water RE LLC
Sold by Edgestone Real Estate Inc.
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Price & Sales History for MLS# A11810309
Date
Details
Price
Change
Source
9/11/2026
Sold
$3,100,000
-12.68%
MLS
2/16/2026
Price Reduced
$3,550,000
-11.14%
MLS
5/27/2025
Listed
$3,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
MLS# A11810309, Delray Beach, FL 33483 (MLS# A11810309) is a Apartment property that was sold at $3,100,000 on September 11, 2026. Want to learn more about MLS# A11810309? Do you have questions about finding other Apartment real estate for sale in Delray Beach? You can browse all Delray Beach real estate or contact a Coldwell Banker agent to request more information.

