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, 49 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 45 SE 7th Ave for a total investment of 8 units across two buildings.
For sale
$3,000,000
49 SE 7TH Avenue, Delray Beach, FL 33483
8beds
4baths
3,120sqft
Quadruplex, Multi Family, Multi Family
Built in 1966
-- sqft lot
$2,834,900 Zestimate®
$962/sqft
$-- HOA
What's special
Nicely renovatedUpdated appliancesQuality renovation
- 11 days
- 269
- 43
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Nicholas Wisell 561-214-5400,
Coldwell Banker Realty,
Kelsey Murtha 321-412-9997,
Coldwell Banker Realty
Source: BeachesMLS,MLS#: B26085262
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
- Bathrooms: 4
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Laundry: In Kitchen, In Unit
Features
- Flooring: Tile
Interior area
- Total structure area: 3,900
- Total interior livable area: 3,120 sqft
Video & virtual tour
Property
Parking
- Total spaces: 6
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Open, Patio, Balcony
- Exterior features: Balcony, Barbecue, Courtyard, Garden, Outdoor Living Area
- Has view: Yes
- View description: Garden
Lot
- Size: 4,995 Square Feet
- Features: < 1/4 Acre
Details
- Parcel number: 12434616340000200
- 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: 1966
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: $1,910,479
- Annual tax amount: $33,203
- 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
$2,834,900
$2.69M - $2.98M
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/8/2026 | Listed for sale | $3,000,000+71.4%$962/sqft |
Source:  BeachesMLS #B26085262 Report a problem | ||
| 2/10/2023 | Listing removed | -- |
Source: BeachesMLS Report a problem | ||
| 1/16/2023 | Listed for rent | $3,150$1/sqft |
Source: BeachesMLS Report a problem | ||
| 11/2/2021 | Sold | $1,750,000+400%$561/sqft |
Source: Public Record Report a problem | ||
| 5/11/2008 | Listing removed | $350,000$112/sqft |
Source: Listhub #R2901939 Report a problem | ||
| 3/15/2008 | Listed for sale | $350,000$112/sqft |
Source: Listhub #R2901939 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $33,203 +6.4% | $1,736,799 +10% |
| 2024 | $31,194 +0.9% | $1,578,908 +10% |
| 2023 | $30,919 +19.4% | $1,435,371 +10% |
| 2022 | $25,899 +56.8% | $1,304,883 +74.4% |
| 2021 | $16,521 +15.4% | $748,361 +10% |
| 2020 | $14,318 +4.2% | $680,328 +5.6% |
| 2019 | $13,742 | $644,459 +5% |
| 2018 | $13,742 +8.3% | $613,808 +12.2% |
| 2017 | $12,684 +8.2% | $547,188 +4.5% |
| 2016 | $11,728 +1.5% | $523,834 +25.8% |
| 2015 | $11,557 +18.5% | $416,502 +10% |
| 2014 | $9,751 +10.7% | $378,638 +10% |
| 2013 | $8,804 +13% | $344,216 +10% |
| 2012 | $7,791 +9.3% | $312,924 +10% |
| 2011 | $7,125 -6.6% | $284,476 -6.6% |
| 2010 | $7,627 +2.8% | $304,572 -0.7% |
| 2009 | $7,422 -18.3% | $306,628 -27.6% |
| 2008 | $9,081 -19.5% | $423,751 -22.2% |
| 2007 | $11,282 -10.9% | $544,458 -2.6% |
| 2006 | $12,657 | $559,088 +27.9% |
| 2005 | -- | $436,973 +30.4% |
| 2004 | $4,983 +1603.8% | $335,082 +13.8% |
| 2003 | $292 -96% | $294,465 +0.2% |
| 2002 | $7,367 +91.5% | $293,842 +101.7% |
| 2001 | $3,846 +19.3% | $145,681 +19.9% |
| 2000 | $3,224 +18% | $121,458 +5.5% |
| 1999 | $2,731 | $115,134 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 33483
Nearby schools
Schools provided by the listing agent
- Elementary: Pine Grove
- Middle: Carver Community
- High: Atlantic
Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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