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The Perfect Owner Occupant Duplex 1651 NE 3rd Ave 2 Unit Apartment Building $739,000 ($369,500/Unit) Delray Beach, FL 33444
INVESTMENT HIGHLIGHTS
- Great Delray Beach Location
- Easy Access to Jobs, Schools, Restaurants, and Entertainments via Atlantic Blvd & Ocean Blvd
- Two Independent 3 Bedrooms 2 Bathrooms Homes with Large Backyards
EXECUTIVE SUMMARY
12,700 SF Lot with TWO Independent Homes Just Steps from the Best of Delray!
Located in one of Delray Beach’s most walkable, bike-friendly, and highly desirable neighborhoods! This 12,700 SF property features two independent single-family homes, offering unmatched flexibility, income potential, and lifestyle convenience—all within walking distance of the famous Delray Beach shoreline, Pineapple Grove, and the vibrant Downtown Delray scene.
Live where the action, beauty, and charm of Delray Beach meet:
Minutes to Ocean Blvd and the iconic Beachwalk
Quick access to George Bush Blvd and lively Atlantic Avenue
Surrounded by job centers, great schools, boutiques, and restaurants
This property is an absolute gem for a creative and tactical investor. With two fully independent homes, an owner-occupant can move into the spacious 3-bedroom, 2-bathroom residence and collect $3,000/month from the second home—an incredible way to offset the mortgage and maximize affordability with an FHA loan.
Whether you're looking to house hack, build a rental portfolio, or secure a long-term appreciating asset in one of South Florida’s hottest coastal markets, this property stands out as a rare and powerful opportunity.
Visionary investors take note: East Delray properties with this kind of structure, location, and upside potential do not come around often. This is your chance to jumpstart—or elevate—your real estate journey with a smart, strategic, owner-occupied duplex in a premier neighborhood with tremendous growth ahead.
Located in one of Delray Beach’s most walkable, bike-friendly, and highly desirable neighborhoods! This 12,700 SF property features two independent single-family homes, offering unmatched flexibility, income potential, and lifestyle convenience—all within walking distance of the famous Delray Beach shoreline, Pineapple Grove, and the vibrant Downtown Delray scene.
Live where the action, beauty, and charm of Delray Beach meet:
Minutes to Ocean Blvd and the iconic Beachwalk
Quick access to George Bush Blvd and lively Atlantic Avenue
Surrounded by job centers, great schools, boutiques, and restaurants
This property is an absolute gem for a creative and tactical investor. With two fully independent homes, an owner-occupant can move into the spacious 3-bedroom, 2-bathroom residence and collect $3,000/month from the second home—an incredible way to offset the mortgage and maximize affordability with an FHA loan.
Whether you're looking to house hack, build a rental portfolio, or secure a long-term appreciating asset in one of South Florida’s hottest coastal markets, this property stands out as a rare and powerful opportunity.
Visionary investors take note: East Delray properties with this kind of structure, location, and upside potential do not come around often. This is your chance to jumpstart—or elevate—your real estate journey with a smart, strategic, owner-occupied duplex in a premier neighborhood with tremendous growth ahead.
PROPERTY FACTS
| Price | $739,000 | Apartment Style | Townhome |
| Price Per Unit | $369,500 | Building Class | C |
| Sale Type | Investment | Building Size | 2,000 SF |
| Sale Condition | 1031 Exchange | Average Occupancy | 50% |
| No. Units | 2 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1966 |
| Property Subtype | Apartment | ||
| Zoning | Multi Family - Multi Family | ||
| Price | $739,000 |
| Price Per Unit | $369,500 |
| Sale Type | Investment |
| Sale Condition | 1031 Exchange |
| No. Units | 2 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Building Size | 2,000 SF |
| Average Occupancy | 50% |
| No. Stories | 1 |
| Year Built | 1966 |
| Zoning | Multi Family - Multi Family |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+2 | 2 | $3,000 | 1,000 |
1 1
Bike Score®
Very Bikeable (72)
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The Perfect Owner Occupant Duplex | 1651 NE 3rd Ave
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