Delray Beach, FL Multifamily Properties for Sale

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Updated: Jul 6

Tenant-Occupied Duplex

128 SW 3rd Avenue, Delray Beach, FL 33444

$894,900

2,400 sqft

Two‑unit duplex with 3/2 layout in each unit
Tenants currently occupy the property
Month‑to‑month tenancy structure
Built in 1990
2,400 stated property size

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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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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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Renovated Duplex with Rental Income

610 SE 2nd Avenue, Delray Beach, FL 33483

$1,100,000

1,900 sqft 0.26 AC lot

Two renovated residences provide separate living areas, in-unit laundry, and current rental occupancy.

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Commercial Land Redevelopment Site

369 SE 2nd Ave, Delray Beach, FL 33483

$2,500,000

2,000 sqft

Located in the CBD Railroad Corridor District with multifamily redevelopment identified in a zoning study.

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Updated Duplex with Courtyard

118 SW 7TH Street, Delray Beach, FL 33444

$1,100,000

1,620 sqft 0.23 AC lot

R-1-A zoning, public water and sewer, and central heating and cooling support the two-unit layout.

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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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Duplex with Private Rooftop Terrace

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

$5,450,000

4,943 sqft

Fully renovated duplex with private pool and ocean access, built in 1982.

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Spacious Compound Near Pineapple Grove

1650 NE 3rd Ave, Delray Beach, FL 33444

$2,700,000

4,360 sqft

Versatile property near downtown Delray, ideal for investment.

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Renovated Duplex with Metal Roof

303 De Carie Street, Delray Beach, FL 33444

$1,070,000

2,268 sqft 0.19 AC lot

Turnkey duplex-villa with impact windows, metal roof, central air, and public water and sewer under RM (city) zoning.

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Duplex with Residential-Office Zoning

405 NE 3rd Avenue, Delray Beach, FL 33444

$1,199,000

1,326 sqft

Downtown Delray Beach property near Atlantic Ave, Pineapple Grove, and the beach.

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Two-Unit Residential Income Property

610 SE 2nd Avenue, Delray Beach, FL 33483

$1,100,000

1,900 sqft

Two fully renovated residences with in-unit laundry are currently rented, with a roof replacement completed in 2021.

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Duplex with Two Independent 3-Bed Units

1717 NE 3rd Avenue, Delray Beach, FL 33444

$810,000

1,964 sqft 0.21 AC lot

Well-maintained duplex on a fenced lot in R-1-A zoning, with two independent 3-bedroom, 2-bath units and in-unit laundry.

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Renovated Duplex with Private Yards

215 N Swinton Avenue, Delray Beach, FL 33444

$1,250,000

1,400 sqft 0.16 AC lot

Two updated residences provide fenced outdoor space and individual washer-dryer setups in a walkable downtown setting.

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Downtown Multifamily Redevelopment Portfolio

211 Swinton Avenue, Delray Beach, FL 33444

$8,500,000

6,952 sqft

Multifamily portfolio includes three downtown properties totaling 17 units with current rental income from long- and short-term leases.

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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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Duplex with Month-to-Month Tenancies

128 SW 3rd Avenue, Delray Beach, FL 33444

$894,900

2,400 sqft 0.16 AC lot

Both residences offer three bedrooms and two bathrooms, with current occupants leasing on a month-to-month basis.

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Duplex Income Property

118 SW 7TH Street, Delray Beach, FL 33444

$1,100,000

1,620 sqft

Duplex residential income property available for sale.

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Renovated Attached Luxury Homes

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

$5,450,000

4,943 sqft

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

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Two-Unit Multifamily Property

126 Northeast 4th Avenue, Delray Beach, FL 33483

$2,200,000

1,233 sqft

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

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6-Unit Apartment Building

1601 NE 3RD Avenue, Delray Beach, FL 33483

$2,100,000

5,146 sqft

Existing multifamily layout with two-bedroom residences and city R-1-A zoning near Atlantic Avenue and the beach.

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Duplex Estate with Private Entrances

5285 Sunrise Blvd, Delray Beach, FL 33484

$950,000

2,534 sqft

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

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Renovated Two-Unit Duplex

215 N Swinton Avenue, Delray Beach, FL 33444

$1,250,000

1,400 sqft

Fully rebuilt in 2016 with private fenced yards and in-unit laundry.

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Single-Story Duplex for Dual Income

209 NE 5th Court, Delray Beach, FL 33444

$1,200,000

1,926 sqft

Single-story duplex with 1,926 sq. ft. of finished living space, offered as a dual-unit residential investment.

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Delray Beach, FL Multifamily Properties Market Trends and Statistics

Explore 69 multifamily properties for sale in Delray Beach, FL, showcased through 48 active listings on our real estate platform. These investment opportunities span a total of 166,843 square feet of properties for sale, with an estimated market value of $71,440,700.

Sale prices for multifamily properties in Delray Beach, FL start at $185,000, averaging $1,984,463, and reaching up to $8,500,000 — 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
33446	$185K
33484	$950K
33483	$2.9M
33444	$3.3M

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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