Turnkey Renovated
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 Market53
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 2, Bathroom 4, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 6, Bedroom 5, Bathroom 1
Window features
Blinds, Storm Window(s)
Patio and Porch features
Patio
Pets allowed
No, Yes
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
Exhaust Fan (Heating), Central, Electric (Heating)
Cooling system
Ceiling Fan(s), Central Air, Electric, Exhaust Fan (Cooling)
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
4
Flooring type
Wood, Tile - Ceramic
Building materials
Block, CBS, Stucco
Roof type
Metal
Listing Agency:
United Realty Group Inc.
(954) 450-2000
Listed By:
Patrice Cadet · License #3356597
(561) 454-9053
Added: Jun 9
Changed: Jul 28
Last Checked: Jul 31 at 4:06AM
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 has been fully renovated with updates completed with permits. The property features a modern 3-bedroom, 2-bath layout, including a kitchen with quartz countertops and top-of-the-line appliances. Improvements also include impact windows, a metal roof, brand-new AC units, ductwork, insulation, soundproofing, and completely new plumbing throughout.
Set on an oversized lot of about 0.19 acres, the property provides outdoor space that the remarks indicate could accommodate two separate 10x20 pools. The site supports flexible living and rental setups, with the duplex configuration allowing an owner-occupant to reside in one side while renting the other.
For tenants, buyers, or owner-operators seeking a renovated residential income property, the completed systems and upgraded finishes reduce near-term maintenance concerns. The soundproofing and updated building components may be especially relevant for multi-family living comfort. With the option to live in one unit and rent the other or lease both sides, this duplex-villa can fit a range of operating approaches under the RM (city) zoning designation.
Set on an oversized lot of about 0.19 acres, the property provides outdoor space that the remarks indicate could accommodate two separate 10x20 pools. The site supports flexible living and rental setups, with the duplex configuration allowing an owner-occupant to reside in one side while renting the other.
For tenants, buyers, or owner-operators seeking a renovated residential income property, the completed systems and upgraded finishes reduce near-term maintenance concerns. The soundproofing and updated building components may be especially relevant for multi-family living comfort. With the option to live in one unit and rent the other or lease both sides, this duplex-villa can fit a range of operating approaches under the RM (city) zoning designation.
Key Highlights
- Turnkey duplex‑villa fully renovated with permits
- Impact windows, metal roof, and brand‑new AC units with ductwork and insulation
- Completely new plumbing throughout plus 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
NOI $37,807 @ 7.0% cap · market cap 3.53%
Second Best
Apartment 5plus
$498.3K
$436.0K – $581.3K
NOI $34,880 @ 7.0% cap · market cap 3.26%
Theoretical Best
Office A
$1.60M
$1.40M – $1.86M
NOI $111,808 @ 7.0% cap · market cap 10.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Fully renovated duplex-villa with impact windows, metal roof, new HVAC, and updated plumbing—minutes from Downtown Delray.
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: Turnkey duplex‑villa fully renovated with permits; Impact windows, metal roof, and brand‑new AC units with ductwork and insulation; Completely new plumbing throughout plus soundproofing
