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Triplex with Updated Systems
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111 SE 7th Avenue # A #A B C & D., Delray Beach, FL 33483

Income-producing multifamily property near Atlantic Avenue, the municipal marina, the Intracoastal, and the beach.

Property Size3,120 SF
Price / SF$681.09
Days on Market181

Property Features for 111 SE 7th Avenue # A #A B C & D.

General Information

Standard status Active
Size 3,120 SF
Property subtype Multifamily
Zoning RM(cit
Net Operating Income $43,600

Additional Details

Multifamily Units 4

Building Details

Year Built 1968
Units 4
Listing Agency: Coldwell Banker Realty /Delray Beach
Listed By: Renata LaRocque · License #3382703
Source: Crexi
Added: Mar 3 Changed: Aug 30 Last Checked: Aug 30 at 4:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty /Delray Beach

Investment Insights

Based on property information with market context.

This 3,120-square-foot triplex, built in 1968, is an income-producing multifamily property in Delray Beach’s Marina Historic District. The property includes a newer roof dated 11/2025, along with updates to some systems and appliances. Its configuration and existing improvements support continued rental use, renovation, repositioning, expansion, or new construction.

The property is located at 111 SE 7th Avenue, near Atlantic Avenue, the Municipal Marina, the Intracoastal, and the beach. Its downtown coastal setting places the asset within a walkable area identified in the source information as having limited opportunities. RM(cit zoning is reported for the property.

Key Highlights

  • 3,120 SF triplex in Delray Beach’s Marina Historic District
  • Income‑producing multifamily property near Atlantic Avenue and the Municipal Marina
  • Located steps from the Intracoastal and the beach

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Veterinary Clinic Florist Nursing Home Fish Market

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,376
Businesses Nearby

Demographics for 33483, FL

13,103
Population
9,493
Households
1.4
Avg Household Size
59
Median Age
57%
College-Educated
93%
High-School Grad
3.8 sq mi
ZIP Area
3,448
Density / Sq Mi
$117,854
Median Household Income
$60,502
Median Earnings
$2,306
Median Rent
$755,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Triplex - Income-producing multifamily property near Atlantic Avenue, the municipal marina, the Intracoastal, and the beach.
Where is this triplex located?
The property is located at 111 SE 7th Avenue # A #A B C & D. Delray Beach, FL.
What is the asking price?
The asking price for this property is $2,125,000.
What are key features of this property?
This property features: 3,120 SF triplex in Delray Beach’s Marina Historic District; Income‑producing multifamily property near Atlantic Avenue and the Municipal Marina; Located steps from the Intracoastal and the beach
More about this property
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