About this home
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.
Listing last checked: Listing updated:
Listed by Nicholas Wisell, Kelsey Murtha · Coldwell Banker Realty · MLS #B26085262
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Details at a glance
Interior3 property facts
- Heating
- Central, Electric
- Cooling
- Central Air, Electric
- Flooring
- Tile
Building4 property facts
- Style
- Quadruplex
- Year built
- 1966
- Parking
- 6
- Roof
- Tile
Land & utilities4 property facts
- Lot size
- 0.11 acres
- Water
- Public
- Sewer
- Public Sewer
- Zoning
- RM (city)
Financial3 property facts
- Annual taxes
- $33,204
- Assessment year
- 2025
- HOA fee
- $0 (billing period not supplied)
Location
Estimated monthly cost
Explore costs at the $3,000,000 asking price. Adjust the assumptions to your situation.
Known monthly costs$17,937 / monthAdjust
- Principal & interest
- $15,170
- Property tax
- $2,767
- Insurance
- Not entered
- HOA
- $0
Listing annual taxes: $33,204. Initial monthly tax is one twelfth of that amount. Listing HOA fee: $0.
Partial estimate: add insurance to include those costs. Blank amounts are unknown.
The initial 6.5% rate is illustrative, not a current rate or lender quote. Excludes utilities, maintenance, closing costs and mortgage insurance, which may apply with a down payment below 20%. Taxes and insurance can change.
Price and status timeline
- Lsd
$2,500 · Sold $2,500 · Jun 15, 2026
- Lsd
$2,700 · Sold $2,500 · May 7, 2026
- Lsd
$3,800 · Sold $3,500 · Jan 24, 2026
- Lsd
$2,700 · Sold $2,700 · Jan 23, 2026
- Lsd
$3,100 · Sold $3,100 · Aug 7, 2025
- Lsd
$4,500 · Sold $4,500 · Aug 7, 2025
- Lsd
$4,500 · Sold $4,500 · Jun 14, 2025
- Lsd
$3,250 · Sold $3,200 · Mar 8, 2025
- Lsd
$3,000 · Sold $3,000 · Sep 10, 2024
- Lsd
$3,100 · Sold $3,050 · Mar 14, 2024
- Lsd
$3,250 · Sold $3,100 · Jul 1, 2023
- Lsd
$2,395 · Sold $2,395 · Aug 4, 2021
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About 49 SE 7TH Avenue
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Request a tour of 49 SE 7TH Avenue and a Bean Group agent will help coordinate an available time with the listing side.
Can you help me evaluate this property?
Yes. We can discuss condition, comparable sales, offer strategy and the questions worth asking before you decide whether to proceed.
Are property documents available?
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