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118 SW 7th St

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Delray Beach, FL 33444
$700,000
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$ 5,114 per month
30 Year Fixed. 7.28% Interest Rate.
Principal + Interest: $ 3,831
Monthly Tax: $ 583
Monthly Insurance: $ 700
Term
yrs
Interest Rate
%
Down Payment
$
List Price:
$
Based on a fully amortized fixed rate loan. Ask your agent for the tax rates in your area. Insurance estimate is based on an average cost, your final premium cost will be determined by the type of coverage you select. This program only provides an estimate.

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$5,114Month
  • Principal & Interest
    $3,831
  • Property Tax
    $583
  • Home Insurance
    $700
Schedule Tour
March 13 2025
March 14 2025
March 15 2025
Property Description

Prime investment opportunity just 5 blocks south of the famous Atlantic Ave in Delray Beach! This nearly fully remodeled duplex features a 2BR/1BA unit rented at $2,800/month and a vacant 4BR/2BA unit with a $4,000-$4,500 rental potential, offering strong cash flow. Property highlights include separate meters, new AC, impact windows, and modern upgrades throughout. Live in one unit and rent the other or lease both for maximum returns. Appraised As-Is at $745K and selling at a 7.9% CAP RATE, this deal won't last! Perfect for investors or house-hackers looking for prime location and income potential. Don't miss out on this rare find in Delray Beach!

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    118 SW 7th St, Delray Beach, FL 33444

    Property Stats

    1956 Year
    Active Status

    Prime investment opportunity just 5 blocks south of the famous Atlantic Ave in Delray Beach! This nearly fully remodeled duplex features a 2BR/1BA unit rented at $2,800/month and a vacant 4BR/2BA unit with a $4,000-$4,500 rental potential, offering strong cash flow. Property highlights include separate meters, new AC, impact windows, and modern upgrades throughout. Live in one unit and rent the other or lease both for maximum returns. Appraised As-Is at $745K and selling at a 7.9% CAP RATE, this deal won't last! Perfect for investors or house-hackers looking for prime location and income potential. Don't miss out on this rare find in Delray Beach!

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      GFLR-Ft Lauderdale data last updated at March 14, 2025, 11:03 AM ET

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