Duplex Sold
118 SW 7th St, Delray Beach, FL 33444
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!
| Property Type | Duplex |
| Status | Closed |
| Listing ID | F10488304 |
| Year Built | 1956 |
Nadereh (Nana) Rezaie, P.A. Broker Associate, Certified Luxury Home Marketing Specialist™ GUILD™
Nana Rezaie 561-660-1948
Office: 561-472-1236 1400 Corporate Center Way, Second Floor, Wellington, FL 33414 Each office independently owned and operated.
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