Delray Beach, FL 33483,348 NE 7th AVE 33483
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Delray Beach, FL 33483,348 NE 7th AVE 33483
Delray Beach, FL 33483,348 NE 7th AVE 33483
Delray Beach, FL 33483,348 NE 7th AVE 33483
Delray Beach, FL 33483,348 NE 7th AVE 33483
Listed by Posh Properties
Bought with Posh Properties

$1,600,000

Est. payment /mo

$1,695,000

5.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

348 NE 7th AVE 33483 Delray Beach, FL 33483

5 Beds

4 Baths

1,952 SqFt

SOLD DATE : 08/15/2023

Key Details

Sold Price $1,600,000

Property Type Multi-Family

Sub Type Quad Plex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,952 sqft

Price per Sqft $819

Subdivision Highland Park Delray

MLS Listing ID RX-10904351

Bedrooms 5

Full Baths 4

Year Built 1956

Annual Tax Amount $16,438

Tax Year 2022

Lot Size 7,051 Sqft

Property Description

Introducing the Red Palm Villas, a fully operational quadplex offering exceptional income opportunities in the heart of Delray Beach. This turnkey property boasts four income-generating units, including three studios and a spacious two-bedroom, one-bathroom unit. Each unit features its own private patio space. The centerpiece of the Red Palm Villas is the Asian-inspired saltwater pool, offering a tranquil oasis for relaxation and rejuvenation. With a solid client base from VRBO and direct business bookings already in place, this property guarantees immediate income. And the potential for growth is tremendous. The Red Palm Villas are sold fully furnished and turnkey ensuring a smooth transition and eliminating any additional expenses. This is an incredible opportunity to step into a succ

Location

State FL

County Palm Beach

Area 4220

Zoning RM(cit

Interior

Heating Central

Cooling Electric

Flooring Terrazzo Floor, Tile

Exterior

Exterior Feature Auto Sprinkler, Fence, Open Patio, Shed

Utilities Available Cable, Electric

Amenities Available Common Laundry

Waterfront Description None

View Other, Pool

Roof Type Comp Shingle

Building

Lot Description < 1/4 Acre

Story 1.0

Foundation Concrete

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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