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Renovated Apartment Building Units
For Lease
$2,600/Mo

238 SE 1st Avenue Unit 5, Delray Beach, FL 33444

Boutique 10-unit property with renovated units, on-site laundry, and hurricane-impact windows.

Space SizeContact for details
Days on Market62

Property Features for 238 SE 1st Avenue Unit 5

General Information

Standard status Active
Property subtype Apartment

Additional Details

Multifamily Units 10

Amenities

Sewer: Public Sewer, Public Sanitation, Sewer
Parcel Number: 12434616010710060, Tax Legal Description: TOWN OF DELRAY N 100 FT OF S 200 FT OF E 1/2 OF BLK 71
Flooring: Ceramic Floor
Cooling: Central Individual A/C, Central Air
Heating: Central Individual A/C
Features: Common Area
Business Type: Apartments, Lease Amount Frequency: Annually, Rent Includes: Water, Standard Status: Active
Parking Total: 2, Features: 2 Or More Spaces, Assigned, Limited # Of Vehicle, No Boats, No Rv/Boats
Elementary School: Pine Grove, Middle Or Junior School: Carver; G.W., High School: Atlantic
Features: Complete Impact Glass, Blinds, Verticals
Total Bedrooms: 2, Features: Primary Bath Shower
Living Area: 700, Construction Materials: CBS Construction, Direction Faces: South, Levels: 1, Stories: 2, Year Built: 2025, Building Area Total: 700, Entry Level: 1, Furnished: Unfurnished, Structure Type: Apartment
County Or Parish: Palm Beach County, MLS Area Major: Delray Town Of, Subdivision Name: DELRAY TOWN OF,The Cove Apartments, Unit Number: 5
Leasable Area Units: Square Feet, View, View: Garden
Full Bathrooms: 1, Bathrooms Total: 1
Features: Laundry Facilities
Features: Family Room
Features: Shower Only
Road Frontage Type: City Street, City
Features: Exterior Cat Walk, None
Features: Built-in Features, Closet Cabinetry, Family Room
Appliances: Electric Water Heater, Dishwasher, Disposal, Ice Maker, Microwave, Electric Range, Refrigerator
Amenities: Laundry, Laundry Facility

Building Details

Year Built 2025
Tenancy Multi
Listing Agency: Current Properties
Listed By: David M. Fleishman · License #3262886
Source: Riserealty
Added: Jul 6 Changed: Sep 4 Last Checked: Sep 5 at 7:53AM

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 Current Properties

Investment Insights

Based on property information with market context.

The Cove Apartments is a boutique 10-unit apartment community offering brand-new one- and two-bedroom residences. The property has been completely renovated, including new electrical, plumbing, A/C systems, and hurricane-impact windows. Unit interiors feature wide-plank tile flooring, Zellige tile in bathrooms, quartz countertops, custom cabinetry, and premium stainless steel appliances, with open floorplans designed to maximize natural light.

The building has on-site laundry and is described as pet-friendly, with immediate occupancy available. The subject address is listed as 238 SE 1st Avenue Unit 5 in Delray Beach, Florida.

Key Highlights

  • Boutique 10‑unit apartment community with brand‑new one- and two‑bedroom residences
  • Completely renovated in 2025 with new electrical, plumbing, and A/C systems throughout
  • Hurricane‑impact windows installed in the building

Property Analytics

Current Use

CORBIN & ASSOCIATES, P.A. Law Firm Delray Law PLLC Law Firm Forman Law Offices ... Law Firm kkernlaw Law Firm Women's Wellness Institute Medical Clinic

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Catering Service Butcher Veterinary Clinic Florist Tattoo & Piercing Shop

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

10
Residential units
Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,411
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Boutique 10-unit property with renovated units, on-site laundry, and hurricane-impact windows.
Where is this apartment building located?
The property is located at 238 SE 1st Avenue Unit 5 Delray Beach, FL.
What is the lease rate?
The lease rate is $2,600/Mo.
What are key features of this property?
This property features: Boutique 10‑unit apartment community with brand‑new one- and two‑bedroom residences; Completely renovated in 2025 with new electrical, plumbing, and A/C systems throughout; Hurricane‑impact windows installed in the building
More about this property
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