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4-Unit Residential Portfolio
For Sale
$550,000

15 VALENCIA A, Delray Beach, FL

Commercial Sale, Delray Beach, FL

Property Size3,296 SF
Price / SF$166.87
Days on Market8

Property Features for 15 VALENCIA A

General Information

Property type Commercial Sale
Property subtype Other
Zoning RM
Parking 4
Parking features Assigned
Subdivision 4640
Standard status Active
APN 00424622060010150
Size 3,296 SF

Additional Details

Tenant in Place Yes

Taxes and HOA fees

Tax Year 2025
Tax Description CRESTHAVEN / PINE RIDGE / KINGS POINT
Tax Annual Amount 8146
Legal Description CRESTHAVEN / PINE RIDGE / KINGS POINT

Utilities

Sewer type Public Sewer
Heating system Central
Cooling system Central Air
Water source Public

Building Details

Year built 1973
Floors in Building 2
Number of units 4
Building materials CBS
Roof type Composition
Listing Agency: Real - ativity
Listed By: Elizabeth A Lewis · License #3256279
Added: Oct 25 Changed: Oct 28 Last Checked: Nov 1 at 7:06PM
MLS# B26092564

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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Investment Insights

Based on property information with market context.

This four-property residential portfolio includes four renovated units: one with two bedrooms and 1.5 baths, one with two bedrooms and one bath, and two with one bedroom and 1.5 baths each. The properties total 3,296 square feet and are fully leased, with established leasing rights and no seasoning period. Each residence has a screened porch and additional storage; laundry is either in-unit or in a separate room within 50 feet.

The homes are situated in Palm Beach County 55+ communities in Delray Beach, Greenacres, and West Palm Beach. The portfolio is being transferred through the membership interests of a single LLC, consolidating the four properties into one transaction without individual deed transfers. The reported cap rate is 7.7%.

Key Highlights

  • Four renovated, fully leased residences offered as one portfolio
  • Unit mix: one 2‑bedroom/1.5‑bath, one 2‑bedroom/1‑bath, and two 1‑bedroom/1.5‑bath units
  • 3,296 square feet across four properties

Property Analytics

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Lease Details

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

699
Businesses Nearby
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Frequently Asked Questions

What type of property is this?
Residential income property - Four renovated residences are fully leased and offered together through a single LLC membership-interest transaction.
Where is this residential income property located?
The property is located at 15 VALENCIA A Delray Beach, FL.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Four renovated, fully leased residences offered as one portfolio; Unit mix: one 2‑bedroom/1.5‑bath, one 2‑bedroom/1‑bath, and two 1‑bedroom/1.5‑bath units; 3,296 square feet across four properties
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