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4-Unit Multifamily Property

115 NW 8th Avenue, Delray Beach, FL 33444

For Sale
$1,665,000

Residential Income, Delray Beach, FL

Property Size2,944 SF
Lot Size0.40 Acres
Price / SF$565.56
Days on Market48

Property Features for 115 NW 8th Avenue

General Information

Property type Residential Multi Family
Property subtype Quadruplex
Zoning R-1-A
Bedrooms 8
Full bathrooms 4
Rooms Bathroom 2, Bedroom 4, Bedroom 3, Bedroom 2, Bedroom 5, Bedroom 7, Bathroom 1, Bathroom 4, Bedroom 1, Bathroom 3, Bedroom 6, Bedroom 8
Patio and Porch features Patio
Pets allowed Yes, No
Exterior features Courtyard
Subdivision DELRAY TOWN
Lot features Irregular Lot, Oversized Lot
Elementary school Plumosa School of the Arts K-8
High school Atlantic
Standard status Active
APN 12434616010030170
Size 2,944 SF
Lot size 0.40 Acres

Additional Details

Individually Metered Utilities water, electricity

Taxes and HOA fees

Tax Year 2025
Tax Description TOWN OF DELRAY N 130 FT OF S 265 FT OF W 135 FT OF BLK 3
Tax Annual Amount 20017
Legal Description TOWN OF DELRAY N 130 FT OF S 265 FT OF W 135 FT OF BLK 3

Utilities

Utilities Water Available
Sewer type Public Sewer
Cooling system Window Unit(s), Wall/Window Unit(s), Central Air
Water source Public

Amenities

in-unit washer & dryer
private backyard gazebo
fully fenced
lush landscaping

Building Details

Year built 1960
Floors in Building 1
Number of units 4
Flooring type Vinyl
Building materials CBS
Roof type Composition
Additional Structures Gazebo
Buildings 2
Listing Agency: Compass Florida LLC
Listed By: Jeffrey Creegan · License FL #3432383
Added: Sep 24 Changed: Oct 31 Last Checked: Nov 10 at 4:06AM
MLS# B26080257

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.

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This 2,944-square-foot multifamily property contains four units in two duplexes. Each residence has two bedrooms, one full bathroom, an in-unit washer and dryer, separate water and electric meters, and a private backyard gazebo. The property is fully furnished and renovated, with a fenced perimeter, landscaped grounds, and more than 10 parking spaces. Built in 1960, the building is zoned R-1-A and includes patio and courtyard features.

Key Highlights

  • Four units configured as two duplexes
  • Each unit has 2 bedrooms, 1 full bathroom, and an in‑unit washer and dryer
  • Separate water and electric meters for each residence

Property Analytics

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Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,334
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Multifamily properties in Delray Beach, FL

$743 Jul
$759 Aug
$655 Sep
$651 Oct

Properties on Market for Multifamily properties in Delray Beach

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Multifamily property - Four residences are arranged as two duplexes, with furnishings and private outdoor areas included.
Where is this multifamily property located?
The property is located at 115 NW 8th Avenue Delray Beach, FL.
What is the asking price?
The asking price for this property is $1,665,000.
What are key features of this property?
This property features: Four units configured as two duplexes; Each unit has 2 bedrooms, 1 full bathroom, and an in‑unit washer and dryer; Separate water and electric meters for each residence
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