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SoldQuadruplexSold

242 NE 12th St

Delray Beach, FL 33444

$2,500,000

  • 6,779Sq Ft
  • $369Per Sq Ft
  • 1969Built
Subdivision
Dell Park
County
Palm Beach
MLS®
A11492388

Overview

Delray Drift is an 8 Unit multifamily located minutes from downtown Atlantic Avenue and beaches. The property is comprised of (4)2br/1ba and (4)1 br/1br housed in two buildings, with coin operated laundry, impact windows, central a/c, off street tenant parking, and lounge/patio for tenants enjoyment. Rents are currently below market, with 3 units on mtm. 1/1 should be $2200 +/- and 2br $2500 +/- per the high demand and pricing of downtown Delray Beach. Great opportunity to raise rents with no differed maintnance or capex needed to achieve market rate. PLEASE SEE ATTACHMENTS FOR OFFERING PACKAGE

Listing Snapshot

Price
$2,500,000
Days On Site
N/A
Bedrooms
N/A
Inside Area (SqFt)
6,779 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
0
Lot Size
N/A
Year Built
1969
MLS® Number
A11492388
Status
Sold
Property Tax
$51,369 (2023)
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A

Property Details

General Features

9 items
Additional Property Use
Investment
Levels
Two
Parking Spaces
12
Property Sub Type
Quadruplex
Sewer
Public Sewer
SqFt Total
6,779
Style
Fourplex
Utilities
Cable Available
Zoning
R-1-A (c

Interior Features

3 items
Cooling
Central Air
Flooring
Tile, Vinyl
Heating
Central

Exterior Features

3 items
Construction Details
Block
Pool Features
None
Roof
Barrel

Community Features

2 items
MLS Area
4360
Financing Terms Available
Cash, Conventional

Location

242 NE 12th St, Delray Beach, FL 33444 · 4360

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Neighborhood & Commute

ZIP Code 33444

Median household income
$80,375
Income per person
$43,403
Households
9,368
Average household size
2.37
Median age
42.0

Source: Walk Score.

Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.

Price & Status History

  1. Listing updated with changes from the MLS®
  2. Status changed to Closed
  3. Price changed to $2,600,000

Friends & Family

Listing courtesy of ONE Commercial LLC (954) 573-4449

Stellar MLS

Listing information is provided by Participants of the Stellar MLS. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. Properties displayed may be listed or sold by various participants in the MLS Copyright 2026, Stellar MLS.

Last checked: 2026-11-12 01:59 PM EST

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