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Renovated Triplex with Private Patios
For Sale
Contact for pricing

517 NW 1st St, Delray Beach, FL 33444

Three residential units feature durable flooring, efficient lighting, and individually fenced outdoor spaces.

Property SizeContact for details
Days on Market142

Property Features for 517 NW 1st St

General Information

Standard status Active
Property subtype Multifamily

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Multifamily Units 3

Amenities

private fenced patio

Building Details

Year Renovated 2020
Listing Agency: Signature Commercial Real Estate
Listed By: Harvey Heit · License #NY 10301218044
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 7:23PM

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 Signature Commercial Real Estate

Investment Insights

Based on property information with market context.

This three-unit residential income property underwent a full renovation in 2020. Improvements include wood-vinyl flooring and recessed, energy-efficient lighting throughout the units. Each residence has a separately fenced patio, providing dedicated exterior space for occupants. The property also includes two carports and on-site parking for at least 5 cars, supporting practical day-to-day use across the triplex.

The property is located at 517 NW 1st St in Delray Beach, one block from Atlantic Ave. The listing presents a 7%+ cap rate, and a rent roll is available upon request.

Key Highlights

  • Triplex renovated in 2020
  • Three units, each with a private fenced patio
  • Wood‑vinyl flooring and recessed energy‑efficient lighting in all units

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Butcher Catering Service Nursing Home Restaurant

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

3
Residential units
Yes
Highway access
Yes
Paved road access

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

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?
Triplex - Three residential units feature durable flooring, efficient lighting, and individually fenced outdoor spaces.
Where is this triplex located?
The property is located at 517 NW 1st St Delray Beach, FL.
What are key features of this property?
This property features: Triplex renovated in 2020; Three units, each with a private fenced patio; Wood‑vinyl flooring and recessed energy‑efficient lighting in all units
More about this property
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