For sale

$3,000,000

45 SE 7TH Avenue, Delray Beach, FL 33483

8beds

4baths

3,120sqft

$20,108/mo

Get pre-qualified

Quadruplex, Multi Family, Multi Family

Built in 1965

-- sqft lot

$2,846,700 Zestimate^®

$962/sqft

$-- HOA

What's special

Nicely renovatedUpdated appliancesQuality renovation

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. 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.

11 days
303
38

Likely to sell faster than

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 8
Bathrooms: 4

Heating

Central, Electric

Cooling

Central Air, Electric

Appliances

Laundry: Inside, In Unit

Features

Flooring: Tile

Interior area

Total structure area: 3,900
Total interior livable area: 3,120 sqft

Video & virtual tour

View virtual tour

Property

Parking

Total spaces: 6
Parking features: Open
Has uncovered spaces: Yes

Accessibility

Accessibility features: None

Features

Levels: Two
Stories: 2
Patio & porch: Open, Patio, Balcony
Exterior features: Balcony, Barbecue, Courtyard, Outdoor Living Area, Uncovered Courtyard
Has view: Yes
View description: Garden

Lot

Size: 4,995 Square Feet
Features: < 1/4 Acre

Details

Parcel number: 12434616340000180
Zoning: RM (city)
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Quadruplex, Multi Family, Multi Family

Materials

Block
Roof: Tile

Condition

Resale
New construction: No
Year built: 1965

Utilities & green energy

Sewer: Public Sewer
Water: Public
Utilities for property: Cable Connected, Electricity Connected, Water Connected

Community & HOA

Community

Subdivision: PALM SQUARE

HOA

Has HOA: No

Location

Region: Delray Beach

Financial & listing details

Price per square foot: $962/sqft
Tax assessed value: $1,912,243
Annual tax amount: $33,229
Date on market: 10/8/2026
Cumulative days on market: 11 days
Listing terms: Cash,Conventional
Tenant pays: Cable TV, Electricity, Taxes
Electric utility on property: Yes

Estimated market value

$2,846,700

$2.70M - $2.99M

Not available

Price history

Date	Event	Price
10/8/2026	Listed for sale	$3,000,000-14.3%$962/sqft
Source: BeachesMLS #B26085509 Report a problem
2/5/2023	Listing removed	--
Source: BeachesMLS Report a problem
1/27/2023	Price change	$2,700-8.5%$1/sqft
Source: BeachesMLS Report a problem
1/5/2023	Price change	$2,950-9.2%$1/sqft
Source: BeachesMLS Report a problem
12/12/2022	Listed for rent	$3,250+62.5%$1/sqft
Source: BeachesMLS Report a problem
10/22/2021	Sold	$3,500,000-5%$1,122/sqft
Source: BeachesMLS #R10739251 Report a problem
8/23/2021	Pending sale	$3,685,000$1,181/sqft
Source: Illustrated Properties #RX10739251 Report a problem
8/23/2021	Contingent	$3,685,000$1,181/sqft
Source: BeachesMLS #RX-10739251 Report a problem
8/18/2021	Listed for sale	$3,685,000$1,181/sqft
Source: BeachesMLS #RX-10739251 Report a problem
10/1/2019	Listing removed	$2,000$1/sqft
Source: Allure Realty Group Report a problem
8/6/2019	Price change	$2,000+2.6%$1/sqft
Source: Allure Realty Group Report a problem
7/9/2019	Price change	$1,950-2.5%$1/sqft
Source: Zillow Rental Manager Report a problem
3/3/2019	Price change	$2,000+5.3%$1/sqft
Source: Allure Realty Group Report a problem
2/14/2019	Price change	$1,900+2.7%$1/sqft
Source: Waterfront Properties Report a problem
1/22/2019	Price change	$1,850-2.6%$1/sqft
Source: Towne & Country Report a problem
10/10/2018	Listed for rent	$1,900$1/sqft
Source: Exit Realty Palms Report a problem
6/26/2018	Listing removed	$1,900$1/sqft
Source: Zillow Rental Manager Report a problem
6/14/2018	Price change	$1,900+1.3%$1/sqft
Source: Zillow Rental Manager Report a problem
5/13/2018	Price change	$1,875-6.3%$1/sqft
Source: Real Estate Rentals Report a problem
3/6/2018	Listed for rent	$2,000+5.3%$1/sqft
Source: Lehmann Realty Report a problem
1/21/2018	Listing removed	$1,900$1/sqft
Source: Zillow Rental Manager Report a problem
1/1/2018	Price change	$1,900-13.6%$1/sqft
Source: Zillow Rental Manager Report a problem
12/1/2017	Price change	$2,200+15.8%$1/sqft
Source: Zillow Rental Manager Report a problem
11/22/2017	Listed for rent	$1,900-7.3%$1/sqft
Source: Zillow Rental Manager Report a problem
5/31/2017	Listing removed	$2,050$1/sqft
Source: Zillow Rental Manager Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$33,229 +6.4%	$1,738,403 +10%
2024	$31,218 +0.9%	$1,580,366 +10%
2023	$30,944 +19.4%	$1,436,696 +10%
2022	$25,924 +56.7%	$1,306,087 +74.3%
2021	$16,545 +15.4%	$749,503 +10%
2020	$14,341 +4.2%	$681,366 +5.5%
2019	$13,767	$645,568 +5%
2018	$13,767 +8.3%	$614,864 +12.1%
2017	$12,710 +8.1%	$548,308 +4.4%
2016	$11,753 +1.5%	$525,018 +26.2%
2015	$11,584 +18.7%	$416,120 +10%
2014	$9,757 +10.7%	$378,291 +10%
2013	$8,813 +13%	$343,901 +10%
2012	$7,801 +9.5%	$312,637 +10%
2011	$7,121 -7.2%	$284,215 -7.2%
2010	$7,669 +2.7%	$306,285 -0.7%
2009	$7,464 -16.6%	$308,410 -26.1%
2008	$8,955 -19.6%	$417,512 -22.3%
2007	$11,137 -10.7%	$537,148 -2.5%
2006	$12,474	$550,669 +29.1%
2005	--	$426,528 +29.6%
2004	$4,893 +1563.7%	$329,011 +13.7%
2003	$294 -96%	$289,432 -0.1%
2002	$7,270 +93.1%	$289,738 +103.7%
2001	$3,764 +19.3%	$142,234 +20%
2000	$3,156 +18.4%	$118,565 +5.6%
1999	$2,665	$112,322