Delray Beach, FL Multifamily Properties for Sale

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Updated: Feb 18

Delray Beach Duplex Investment

128 SW 3rd Avenue, Delray Beach, FL 33444

$894,900

2,400 sqft 0.16 AC lot

Duplex with 3/2 units (3 bedrooms, 2 bathrooms each)
Tenants are month‑to‑month and currently occupy both units
CBS construction; tile‑ceramic flooring
Central heating and central air conditioning
Public water and public sewer; cable available

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This listing looks promising.

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128 SW 3rd Avenue, Delray Beach, FL 33444

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Est. Cap Rate

4.5%
NOI ÷ price
Est. NOI

$40K
Annual
Price @ 7% Cap

$572K
Suggested
Property Type

Duplex
Built 1990

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Updated: Mar 11

Spacious Compound Near Pineapple Grove

1650 NE 3rd Avenue, Delray Beach, FL 33444

$2,700,000

4,360 sqft 0.33 AC lot

Prime location: Steps from Pineapple Grove and downtown Delray.
Sizeable 5000+ SF compound with versatile layout.
Newly built pool creating functional indoor/outdoor living space.
Significant 2024 addition: 3000+ SF, 2‑car garage, 3 bedrooms, 3 bathrooms.
Great investment opportunity: Ideal for assisted living or short‑term rental.

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Two-Unit Residential Income Duplex

610 SE 2nd Avenue, Delray Beach, FL 33483

$1,100,000

1,900 sqft 0.26 AC lot

Duplex featuring two fully renovated 3-bedroom residences with in-unit laundry, currently rented.

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Residential Income Duplex Property

126 NE 4th Avenue, Delray Beach, FL 33483

$2,200,000

1,233 sqft 0.21 AC lot

Residential income multifamily property offered for sale with CBD (city) zoning and a compact lot.

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Spacious Compound Near Pineapple Grove

1650 NE 3rd Ave, Delray Beach, FL 33444

$2,700,000

5,000 sqft

Versatile property near downtown Delray, ideal for investment.

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Residential Income Duplex

2227 NE 3rd Avenue, Delray Beach, FL 33444

$769,000

1,682 sqft 0.24 AC lot

Duplex-style residential income property for sale with zoning designated for R-1-A use in Delray Beach.

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Single-Story Duplex Residence

209 NE 5th Court, Delray Beach, FL 33444

$1,200,000

1,926 sqft 0.22 AC lot

Single-story duplex with 1,926 square feet of finished living space, located in Delray Beach’s Del Ida Park area.

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Well-Maintained Duplex With Backyard

1717 NE 3rd Avenue, Delray Beach, FL 33444

$810,000

1,964 sqft 0.21 AC lot

A maintained two-unit duplex offering separate 3-bedroom, 2-bath homes with private washer/dryer and central A/C.

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Two-Unit Multifamily Property

126 NE 4th Avenue, Delray Beach, FL 33483

$2,200,000

1,257 sqft

Two-unit income property offered for sale, well suited for buyers seeking a straightforward residential rental setup.

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Fully Renovated Attached Duplex

1690-1692 S Ocean Boulevard, Delray Beach, FL 33483

$5,450,000

4,943 sqft

Turnkey attached duplex with top-to-bottom renovations and spa-style bathrooms on South Ocean Boulevard near the beach.

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Turnkey Renovated Duplex-Villa

303 De Carie Street, Delray Beach, FL 33444

$1,092,000

2,268 sqft 0.19 AC lot

Fully renovated duplex-villa with impact windows, metal roof, new HVAC, and updated plumbing—minutes from Downtown Delray.

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Turnkey Renovated Duplex Villa

303 De Carie Street, Delray Beach, FL 33444

$1,100,000

2,412 sqft

Fully renovated 3-bed, 2-bath duplex-villa with impact windows, metal roof, new HVAC, and updated plumbing.

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Delray Beach Multifamily Estate

5285 Sunrise Boulevard, Delray Beach, FL 33484

$950,000

2,534 sqft 0.47 AC lot

Gorgeous Delray Beach multifamily property with oversized lot and modern amenities.

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Rebuilt Art Deco Duplex for Sale

215 N Swinton Avenue, Delray Beach, FL 33444

$1,295,000

1,400 sqft 0.16 AC lot

Duplex with two 2-bedroom units, each with washer/dryer and private fenced yard, fully renovated in 2016.

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Delray Beach Legal Duplex

607 SW 3rd St, Delray Beach, FL 33444

$650,000

1,550 sqft 0.18 AC lot

Legal duplex in Delray Beach, suitable for short-term rentals.

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Approved Luxury Condo Development Site

2400 N Federal Highway, Delray Beach, FL 33483

$7,000,000

1.37 AC lot

Fully approved plan for 16 condominium residences with pool and clubhouse amenities on a 1.37-acre site.

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Approved Three-Story Condo Development

1405 N Federal Highway, Delray Beach, FL 33483

$4,300,000

0.64 AC lot

Approved plans call for a three-story residential building with nine condominium residences and planned resort-style pool.

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Renovated Attached Luxury Homes

1690-1692 S Ocean Boulevard, Delray Beach, FL 33483

$5,450,000

6,040 sqft

Fully renovated attached homes offered for sale near the ocean, suited for personal use or short-term rental demand.

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Multifamily Redevelopment Site

369 SE 2nd Avenue, Delray Beach, FL 33483

$3,000,000

2,000 sqft 2.50 AC lot

Redevelopment parcel sized for 86–172 units under zoning, with a paved access road to the east in place.

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Updated Duplex with Private Pool

227 NE 12th Street, Delray Beach, FL 33444

$1,095,000

1,448 sqft

Updated two-unit duplex featuring shared laundry, updated HVAC, and a backyard with a pool and outdoor seating.

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Garden-Style Multifamily Asset For Sale

1100 SW 4th Ave, Delray Beach, FL 33444

$18,250,000

51,300 sqft

60-unit multifamily property in established rental market.

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Tenant-Occupied Duplex Investment

128 SW 3rd Avenue, Delray Beach, FL 33444

$894,900

2,400 sqft

Duplex with two 3-bedroom, 2-bath units, currently tenant-occupied on month-to-month terms.

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Duplex Estate with Private Entrances

5285 Sunrise Boulevard, Delray Beach, FL 33484

$950,000

3,451 sqft

Duplex estate with private unit access, fenced yard, and hurricane-impact windows.

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Condo Conversion Development Site

0000 Federal Hwy N Federal Hwy, Delray Beach, FL 33483

$1,900,000

Three-story project with pre-approved plans to build six condominiums, with private balconies and secure garage parking.

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Delray Beach, FL Multifamily Properties Market Trends and Statistics

Explore 54 multifamily properties for sale in Delray Beach, FL, showcased through 33 active listings on our real estate platform. These investment opportunities span a total of 104,430 square feet of properties for sale, with an estimated market value of $62,650,800.

Sale prices for multifamily properties in Delray Beach, FL start at $650,000, averaging $2,847,763, and reaching up to $18,250,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 121K

Population Growth (5Y) +2.5%

Median Household Income $74,447

College Educated 39.3%

High-Yield Neighborhoods for Investment

Identify Delray Beach submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
33484	$950K
33483	$2.7M
33444	$3.8M

Taxes & Financing

Tax Rate (average for all types) 1.78%

Property Tax per SF $34.66 per SF

Tax Rate vs County Average 0.07 pp below county avg

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Palm Beach County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Delray Beach fall within the 100,000+ square foot range.

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