Delray Beach, FL 33444 118 SW 7th St
$700,000
20 more
Presented By: Southwestern Real Estate -
Beds • 6
SQFT • 2,016
Home Details
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!
Presented By: Southwestern Real Estate -
Interior Features for 118 SW 7th St
Other Interior Features
Internet YNYes
CableYes
Cooling DescriptionCeiling Fans, Central Cooling
FlooringTile Floors
Heating DescriptionCentral Heat
Stories1.0000
General for 118 SW 7th St
Approximate Lot Size9835 sqft
Area4370
Gated CommunityNo
Pool Y/NNo
Property TypeResidential Income
Property Type InformationAttached
REONo
Rent IncludesSewer, Trash Removal, Water
Section20
Short SaleNo
StyleDuplex
Subdivision Complex BldgNICHOLS 1ST ADD TO DELRAY
Subdivision NameNICHOLS 1ST ADD TO DELRAY
Type of AssociationNone
Type of PropertyDuplex
Waterfront PropertyNo
Year Built1956
Year Built DescriptionResale
Zoning InformationR-1-A (city)
Exterior for 118 SW 7th St
Construction TypeCbs Construction
Lot DescriptionLess Than 1/4 Acre Lot
Parking Spaces10
Roof DescriptionComp Shingle Roof
Sewer DescriptionMunicipal Sewer
Windows TreatmentHigh Impact Windows
Additional Details
Price History
Luis Javier Chacon
Realtor
