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!
Sold for $655,000 on 04/28/25
$655,000
118 SW 7th St, Delray Beach, FL 33444
--beds
--baths
2,016sqft
Duplex
Built in 1956
-- sqft lot
$-- Zestimate®
$325/sqft
$3,365 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: April 29, 2025 at 06:05am
Listed by:
David Arie Schwartzberg 631-521-5218,
Southwestern Real Estate
Bought with:
Emanuel Fleurantin, 3358234
Woyce Realty Investments & Consulting Inc.
Source: BeachesMLS ,MLS#: F10488304
Originating MLS: Beaches MLS

Facts & features
Interior
Heating
- Central
Cooling
- Ceiling Fan(s), Central Air
Features
- Flooring: Tile
- Windows: High Impact Windows
Interior area
- Total interior livable area: 2,016 sqft
Property
Parking
- Total spaces: 10
Features
- Stories: 1
Lot
- Size: 9,835 sqft
- Dimensions: 9835 sqft
- Features: Less Than 1/4 Acre Lot
Details
- Parcel number: 12434620070000100
- Zoning: R-1-A (city)
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Duplex
Materials
- Cbs Construction
- Roof: Composition
Condition
- Year built: 1956
Utilities & green energy
- Sewer: Public Sewer
- Utilities for property: Cable Available
Community & neighborhood
Location
- Region: Delray Beach
- Subdivision: Nichols 1st Add To Delray
Other
Other facts
- Listing terms: Cash,Conventional
Services availability

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