348 NE 7th Avenue Unit 33483, Delray Beach, FL 33483

$1,600,000
4
BA
1,952
SqFt

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Sold Price
$1,600,000
List Price
$1,695,000
Days on Market
0
Closing Date
Aug 15, 2023
MLS#
R10904351
Sq. Ft
1,952
Lot Size
6,969
Subtype
Quadruplex
County
Palm Beach
Subdivision
Highland Park Delray
Year Built
1956

Property Description

Introducing the Red Palm Villas, a fully operational quadplex offering exceptional income opportunities in the heart of Delray Beach. This turnkey property boasts four income-generating units, including three studios and a spacious two-bedroom, one-bathroom unit. Each unit features its own private patio space. The centerpiece of the Red Palm Villas is the Asian-inspired saltwater pool, offering a tranquil oasis for relaxation and rejuvenation. With a solid client base from VRBO and direct business bookings already in place, this property guarantees immediate income. And the potential for growth is tremendous. The Red Palm Villas are sold fully furnished and turnkey ensuring a smooth transition and eliminating any additional expenses. This is an incredible opportunity to step into a succ essful business and start generating returns right away. Whether you're an experienced investor or looking to venture into the rental market, the Red Palm Villas offers a compelling opportunity to capitalize on Delray Beach's thriving hospitality industry. Don't miss out on the chance to own a profitable quadplex with a stunning saltwater pool, close to downtown and brimming with income potential. Seize this opportunity and start reaping the rewards of the Red Palm Villas today.

Additional Information

Construction
Concrete
Cooling
Electric
Flooring
Terrazzo, Tile
Heating
Central
Restrict
NoRestrictions
Roof
Composition
Taxes
$16,438
Utilities
Cable Available
View
Other, Pool
Private Pool
Yes
Waterfront
None
Stories
1
Acres
0.16
Price Per Sqft
$819
Elementary School
Plumosa School of the Arts K-8
High School
Atlantic

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Listing courtesy of Posh Properties. Contact:

Selling Office: Posh Properties.

All listings featuring the BMLS logo are provided by Beaches MLS Inc. Copyright 2026 Beaches MLS. This information is not verified for authenticity or accuracy and is not guaranteed. © 2026 Beaches Multiple Listing Service, Inc. All rights reserved.


Agent: Jerilyn M Walter | Email: jerilyn@poshflorida.com