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$655,000

118 SW 7th St
Delray Beach, FL 33444

Duplex|Sold 04/28/2025
0
Beds
0
Full Baths
0
Partial Baths
2,016
SqFt
$325
/SqFt
1956
Built
Subdivision:
NICHOLS 1ST ADD TO DELRAY
County:
Palm Beach
Call Now: 954.229.2222
Is this the home for you? We can help make it yours.
954.229.2222
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Prime investment opportunity just 5 blocks south of the famous Atlantic Ave in Delray Beach! This nearly fully remodeled duplex features a 2BR/1BA unit rented at $2,800/month and a vacant 4BR/2BA unit with a $4,000-$4,500 rental potential, offering strong cash flow. Property highlights include separate meters, new AC, impact windows, and modern upgrades throughout. Live in one unit and rent the other or lease both for maximum returns. Appraised As-Is at $745K and selling at a 7.9% CAP RATE, this deal won’t last! Perfect for investors or house-hackers looking for prime location and income potential. Don't miss out on this rare find in Delray Beach!

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Listing Snapshot
Bedrooms 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Inside Area (SqFt) 
2,016 sqft
Lot Size 
N/A
Year Built 
1956
MLS® Number 
F10488304
Status 
Sold
Property Tax 
$8,073
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS®
General Features
Parking Spaces 
10
Property Sub Type 
Duplex
Sewer 
Public Sewer
Stories 
One
Utilities 
Cable Available
Zoning 
R-1-A (city)
Interior Features
Cooling 
Central AirCeiling Fan(s)
Flooring 
Tile
Heating 
Central
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Exterior Features
Construction Details 
Block
Pool Features 
None
Roof 
CompositionShingle
Community Features
Financing Terms Available 
CashConventional
MLS Area 
4370
Neighborhood & Commute
Source: Walkscore
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