Skip main navigation
Sold for $1,600,000
  • $1,600,000

    348 NE 7th Avenue #33483, Delray Beach, FL 33483

    5beds
    4baths
    1,952sqft
    Quadruplex, Multi Family, Multi Family
    Built in 1956
    -- sqft lot
    $1,995,500 Zestimate®
    $820/sqft
    $4,712 Estimated rent

    Home value

    $1,995,500

    $1.74M - $2.35M

    $4,712/mo

    Zestimate® history
    Loading
    Loading...

    Owner options

    List your home for rent

    $4,712/mo

    Rent Zestimate®

    Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.

    Learn more

    $4,712/mo

    Rent Zestimate®

    Refinance and save

    $10,989/mo

    Est. payment

    Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.

    See today's rates

    $10,989/mo

    Est. payment

    Explore your selling options

    Work with a Zillow partner agent

    Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.

    Get started

    List with your own agent

    Get your home in front of millions of buyers by listing it on Zillow.

    Learn how to do it

    Sell it yourself

    Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).

    List your home

    What's special

    Introducing the Red Palm Villas, a fully operational quadplex offering exceptional income opportunities in the heart of Delray Beach. This turnkey property boasts four income-generating units, including three studios and a spacious two-bedroom, one-bathroom unit. Each unit features its own private patio space. The centerpiece of the Red Palm Villas is the Asian-inspired saltwater pool, offering a tranquil oasis for relaxation and rejuvenation. With a solid client base from VRBO and direct business bookings already in place, this property guarantees immediate income. And the potential for growth is tremendous. The Red Palm Villas are sold fully furnished and turnkey ensuring a smooth transition and eliminating any additional expenses. This is an incredible opportunity to step into a succ essful business and start generating returns right away. Whether you're an experienced investor or looking to venture into the rental market, the Red Palm Villas offers a compelling opportunity to capitalize on Delray Beach's thriving hospitality industry. Don't miss out on the chance to own a profitable quadplex with a stunning saltwater pool, close to downtown and brimming with income potential. Seize this opportunity and start reaping the rewards of the Red Palm Villas today.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jerilyn M Walter 561-537-0050,

    Posh Properties,

    Nicholas Joyce 561-401-7188,

    Posh Properties

    Bought with:

    Jane L Bass, 3277803

    Posh Properties

    Jane L Bass, 3277803

    Posh Properties

    Source: BeachesMLS,MLS#: R10904351MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 4
    Heating
    • Central
    Cooling
    • Electric
    Features
    • Flooring: Terrazzo, Tile
    Interior area
    • Total structure area: 2,270
    • Total interior livable area: 1,952 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: Outdoor Living Area
    • Has private pool: Yes
    • Fencing: Fenced
    • Has view: Yes
    • View description: Other, Pool
    • Waterfront features: None
    Lot
    • Size: 7,051 Square Feet
    • Features: Sprinklers Automatic, < 1/4 Acre
    Details
    • Additional structures: Shed(s)
    • Parcel number: 12434616051130021
    • Zoning: RM(cit

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Quadruplex, Multi Family, Multi Family
    Materials
    • Concrete
    • Roof: Composition
    Condition
    • Resale
    • New construction: No
    • Year built: 1956

    Utilities & green energy

    • Electric: 3 Phase
    • Water: Multiple Meters
    • Utilities for property: Cable Available

    Community & HOA

    Community
    • Subdivision: HIGHLAND PARK DELRAY
    HOA
    • Has HOA: No
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $820/sqft
    • Annual tax amount: $16,438
    • Date on market: 7/14/2023
    • Listing terms: Cash,Conventional
    • Tenant pays: None

    Price history

    DateEventPrice
    8/15/2023Sold$1,600,000-5.6%$820/sqft
    Source: BeachesMLS #R10904351 Report a problem
    7/14/2023Listed for sale$1,695,000$868/sqft
    Source: BeachesMLS #RX-10904351 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 33483

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Plumosa School of the Arts K-8
    • High: Atlantic

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,995,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,995,500