Brad Glowe - Arterra Realty Logo
$3,550,000
 $19,057 est/mo Sourced by Back At You

Share:

PreviousNext

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

Details

MLS #A11810309
Listing TypeFor Sale
Sub-TypeNew Construction
StatusActive Under Contract
Days On Site466
Listing Provided ByBlue Water RE LLC | Cody Tremblay

Features

SQ Feet4,786
PoolYes
Story(s)1
Units3
Building(s)2
ZoningRM (city
Acreage0.33

Exterior

Lot FeaturesCorner Lot, Residential Lot, Less Than Quarter Acre

Parking

Parking FeaturesCommon

Taxes

Tax Annual Amount26010

Location

Community FeaturesLaundry Facilities, Pool

Area Information

StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33483
Area4220
SubareaPB06
Listing VS Median (in 33483)
Price:
$3,550,000
low | high
Med:
$475,000
100% of Average
sqft:
4,786
low | high
Med:
1,175
100% of Average
$ / sqft:
$742
low | high
Med:
$404
95.499550494456% of Average
On site:
466
low | high
Med:
125
100% of Average
Sourced by Back At You

Market Activity 33483

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Arterra at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
The information is being provided by Beaches MLS. Information deemed accurate but not guaranteed. Information is provided for consumers personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. Copyright 2026 Beaches MLS. All Rights Reserved.

Contact

Learn More About This Property

Brad Glowe

Brad Glowe

Arterra

 (586) 651-0337brad.glowe@arterrarealty.com
StateFL
CountyPalm Beach
CityDelray Beach
Zip Code33483
Area4220
SubareaPB06
Listing VS Median (in 33483)
Price:
$3,550,000
low | high
Med:
$475,000
100% of Average
sqft:
4,786
low | high
Med:
1,175
100% of Average
$ / sqft:
$742
low | high
Med:
$404
95.499550494456% of Average
On site:
466
low | high
Med:
125
100% of Average
Sourced by Back At You
Listing Updated: September 4, 2026 at 4:16:48 AM PDT