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Renovated Duplex with Metal Roof
For Sale
$1,070,000

303 De Carie Street, Delray Beach, FL 33444

MULTI_FAMILY - Delray Beach, FL

Property Size2,268 SF
Lot Size0.19 Acres
Price / SF$471.78
Days on Market57

Property Features for 303 De Carie Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Zoning RM (city)
Bedrooms 6
Full bathrooms 4
Rooms Bedroom 1, Bedroom 2, Bedroom 5, Bathroom 3, Bathroom 4, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 1, Bedroom 4
Window features Blinds, Storm Window(s)
Patio and Porch features Patio
Pets allowed Yes, No
Exterior features Barbecue
Fencing Fenced
Subdivision DECARIE
Lot features Room for Pool
Elementary school Plumosa School of the Arts K-8
High school Atlantic
Standard status Active
APN 12434604070000040
Size 2,268 SF
Lot size 0.19 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description DECARIE SUB LT 4
Tax Annual Amount 12198
Legal Description DECARIE SUB LT 4

Utilities

Utilities Water Available
Sewer type Public Sewer
Heating system Electric (Heating), Exhaust Fan (Heating), Central
Cooling system Central Air, Ceiling Fan(s), Electric, Exhaust Fan (Cooling)
Water source Public

Building Details

Year built 1958
Floors in Building 1
Number of units 4
Flooring type Tile - Ceramic, Wood
Building materials Block, CBS, Stucco
Roof type Metal
Listing Agency: United Realty Group Inc.
Listed By: Patrice Cadet · License #3356597
Added: Jun 9 Changed: Jul 31 Last Checked: Aug 4 at 2:06PM
MLS# B26040525

Copyright © 2026 BeachesMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This turnkey duplex-villa at 303 De Carie Street offers a renovated configuration with three bedrooms and two baths. The home features impact windows, a metal roof, and central air with newly installed AC units, along with updated ductwork, insulation, soundproofing, and completely new plumbing throughout. Interior finishes include ceramic tile and wood flooring, plus a fenced yard with a patio and barbecue area.

Constructed in 1958 with block/CBS and stucco, the property sits on a 0.19-acre lot and totals 2,268 square feet. Utilities include public water and public sewer. It is zoned RM (city) and is described as being just minutes from Downtown Delray.

Overall, the layout supports duplex living with the option to occupy one side while renting the other, or lease both sides.

Key Highlights

  • 0.19‑acre lot and 2,268 SF total building area
  • 3‑bedroom, 2‑bath duplex‑villa layout
  • Renovated with permits including impact windows, new plumbing, and soundproofing

Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $57.2k $25.20
− Vacancy −$3.1k −$1.39
EGI $54.0k $23.81
− OpEx −$16.2k −$7.14
NOI $37.8k $16.67
2,268 SF · lease $25.20/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$540.1K
$472.6K – $630.1K (±1% cap)
NOI $37,807 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$498.3K
$436.0K – $581.3K (±1% cap)
NOI $34,880 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M (±1% cap)
NOI $111,808 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Electrical Service Nail Salon (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby

Demographics for 33444, FL

22,671
Population
10,469
Households
2.2
Avg Household Size
41
Median Age
33%
College-Educated
84%
High-School Grad
5.0 sq mi
ZIP Area
4,534
Density / Sq Mi
$74,803
Median Household Income
$37,915
Median Earnings
$1,712
Median Rent
$425,200
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Turnkey duplex-villa with impact windows, metal roof, central air, and public water and sewer under RM (city) zoning.
Where is this duplex located?
The property is located at 303 De Carie Street Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,070,000.
What are key features of this property?
This property features: 0.19‑acre lot and 2,268 SF total building area; 3‑bedroom, 2‑bath duplex‑villa layout; Renovated with permits including impact windows, new plumbing, and soundproofing
More about this property
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