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    124/122 SW 8Th Ave Delray Beach, FL 33444

    New
    For Sale
    $1,599,000

    Quad Plex - Delray Beach, FL

    Type:Quadruplex
    Property size:
    2,688 SF
    Days on Market:
    2
    Last Refresh:
    Dec 10 at 6:06 am

    Property Features for 124/122 SW 8Th Ave

    General Information

    Property type
    Residential
    Property subtype
    Quadruplex
    Standard status
    Active
    Zoning
    RM(cit
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
    Bedrooms
    8
    Bathrooms
    4
    APN
    12434617380000430
    Parking features
    Open
    Exterior features
    None
    Size
    2,688 SF

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Wall/Window Unit(s)

    Building Details

    Year built
    1966
    Floors in Building
    2
    Flooring type
    Linoleum, Parquet Wood
    Roof type
    Shingle
    Architectural style
    Other

    Compass Florida, LLC (561) 286-5166 [email protected]

    Listing agent Jeffrey Creegan (561) 285-4283

    Listing date Dec 9, 2025

    MLS# RX-11146377 Listing URL

    Copyright © 2025 BeachesMLS / Flexmls. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Delray Beach Multifamily Investment Opportunity

    This property presents a multifamily investment and development opportunity, comprising two adjacent lots. The south lot features a two-story, four-unit building, with each unit containing two bedrooms and one bathroom. The north lot includes a single-family home with two bedrooms and one bathroom. Both lots are zoned multifamily, offering the potential for additional development on the north lot. The combined area of both lots is 13,575 square feet. The property includes a total of five units. The property size is 2,688 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Law Firm Restaurant Dental Office Spa & Massage Hair Salon Nail Salon Building Supply Clothing Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Delray Beach
    County
    Palm Beach
    State
    Florida
    Longitude
    -80.081436
    Latitude
    26.458826

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    FAQs

    What type of property is this?
    Quadplex - Multifamily property with development potential in Delray Beach, Florida.
    Where is this quadplex located?
    The property is located at 124/122 SW 8Th Ave Delray Beach, FL.
    What is the asking price?
    The asking price for this property is $1,599,000.
    What are key features of this property?
    This property features: - Multifamily development opportunity with two adjacent lots totaling 13,575 sq ft.; - Zoned multifamily with density to add units on the north lot.; - Includes a 4-unit building and a single-family home, totaling 5 units.
    (561) 285-4283
    Request Owner's contact information
    124/122 SW 8Th Ave Delray Beach, FL 33444
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    Delray Beach, FL 33444
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    124/122 SW 8Th Ave Delray Beach, FL 33444
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