Renovated Duplex with Metal
For Sale
$1,070,000
303 De Carie Street, Delray Beach, FL 33444
Residential Income, Delray Beach, FL
Property Size2,268 SF
Lot Size0.19 Acres
Price / SF$471.78
Days on Market144
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
Bathroom 4, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 1, Bedroom 6
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
Central, Exhaust Fan (Heating), Electric (Heating)
Cooling system
Electric, Ceiling Fan(s), Exhaust Fan (Cooling), Central Air
Water source
Public
Building Details
Year built
1958
Floors in Building
1
Number of units
4
Flooring type
Tile - Ceramic, Wood
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: Oct 22
Last Checked: Oct 30 at 8:06AM
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.
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Investment Insights
Based on property information with market context.
This duplex property contains 2,268 square feet on a 0.19-acre lot and has undergone permitted renovations. Improvements include quartz kitchen countertops, updated appliances, impact windows, a metal roof, new AC units, ductwork, insulation, soundproofing, and replacement plumbing. The building uses block, CBS, and stucco construction, with wood and ceramic tile flooring, central electric heating, central air, a patio, and fencing.
The property is located at 303 De Carie Street in Delray Beach, Florida, within Palm Beach County. It is served by public water and public sewer, with water availability listed among the utilities. RM (city) zoning is identified for the property, which was built in 1958.
The property is located at 303 De Carie Street in Delray Beach, Florida, within Palm Beach County. It is served by public water and public sewer, with water availability listed among the utilities. RM (city) zoning is identified for the property, which was built in 1958.
Key Highlights
- Duplex property with 2,268 square feet
- 0.19‑acre fenced lot in Delray Beach
- Permitted renovation work completed
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$37,807
Cap Rate
3.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,140
$756.1K
Cap Rate 7%
$540,100
$540.1K
Cap Rate 9%
$420,078
$420.1K
Market Conditions
NOI Build-Up for 2,268 SF
Gross rent
$57.2K $25.20/SF
− Vacancy
−$3.1K −$1.39/SF
EGI
$54.0K $23.81/SF
− OpEx
−$16.2K −$7.14/SF
NOI
$37.8K $16.67/SF
Area
Palm Beach County, FL
Vacancy
5.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$756,140
Cap Rate 7%
$540,100
Cap Rate 9%
$420,078
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.
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Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
486
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Permitted renovation includes impact windows, new plumbing, central air, and a metal roof.
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: Duplex property with 2,268 square feet; 0.19‑acre fenced lot in Delray Beach; Permitted renovation work completed
