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Two-Bedroom Residential Income Property
For Sale
$240,000

801 NW 30th Avenue C, Delray Beach, FL 33445

Residence with separate living and dining areas, natural light, and private outdoor space.

Property Size1,188 SF
Price / SF$202.02
Days on Market180

Property Features for 801 NW 30th Avenue C

General Information

Standard status Active
Size 1,188 SF
Property subtype Quadruplex

Additional Details

Multifamily Units 1

Taxes and HOA fees

Annual Taxes $1,012

Building Details

Building Size 1,188 SF
Year Built 1979
Listing Agency: EXP Realty LLC
Listed By: Paul Jay Saperstein · License #676961
Source: Pamandtoni
Added: Apr 10 Changed: Oct 6 Last Checked: Oct 5 at 11:42PM

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 EXP Realty LLC

Investment Insights

Based on property information with market context.

This residential income property includes a 2-bedroom, 2-bath residence with 1,188 living sq ft and a practical interior arrangement. The layout provides distinct living and dining areas, while abundant natural light contributes to the interior character. A private outdoor space extends the usable setting beyond the main living areas.

Built in 1979, the property is located at 801 NW 30th Avenue C in Delray Beach, Florida. The residence is positioned near shopping, dining, beaches, and major roadways, supporting both year-round occupancy and seasonal use as described in the property information.

Key Highlights

  • 2‑bedroom, 2‑bath residence with 1,188 living sq ft
  • Private outdoor space
  • Separate living and dining areas

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,271
Cap Rate
7.61%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,420 $365.4K
Cap Rate 7%
$261,014 $261.0K
Cap Rate 9%
$203,011 $203.0K
Market Conditions
NOI Build-Up for 1,188 SF
Gross rent
$34.8K $29.28/SF
− Vacancy
−$1.6K −$1.32/SF
EGI
$33.2K $27.96/SF
− OpEx
−$14.9K −$12.58/SF
NOI
$18.3K $15.38/SF
Area
Palm Beach County, FL
Vacancy
4.50%
Lease Rate
$29.28 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,420
Cap Rate 7%
$261,014
Cap Rate 9%
$203,011

Alternative Uses

Best Use
Apartment 5plus
$261.0K
$228.4K – $304.5K (±1% cap)
NOI $18,271 @ 7.0% cap · market cap 7.61%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$836.7K
$732.1K – $976.1K (±1% cap)
NOI $58,566 @ 7.0% cap · market cap 24.40%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Residential income properties

Suggested Use

Top Pick Nail Salon Hair Salon Daycare Center Restaurant Spa & Massage Center Grocery & Convenience Store

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

1
Residential units

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

Demographics for 33445, FL

32,265
Population
17,584
Households
1.8
Avg Household Size
51
Median Age
39%
College-Educated
90%
High-School Grad
8.1 sq mi
ZIP Area
3,983
Density / Sq Mi
$70,748
Median Household Income
$41,169
Median Earnings
$1,991
Median Rent
$282,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
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Frequently Asked Questions

What type of property is this?
Residential income property - Residence with separate living and dining areas, natural light, and private outdoor space.
Where is this residential income property located?
The property is located at 801 NW 30th Avenue C Delray Beach, FL.
What is the asking price?
The asking price for this property is $240,000.
What are key features of this property?
This property features: 2‑bedroom, 2‑bath residence with 1,188 living sq ft; Private outdoor space; Separate living and dining areas
More about this property
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