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323 De Carie St

3 Unit Apartment Building Offered at $1,699,373 CAD at a 5.04% Cap Rate in Delray Beach, FL 33444

Executive Summary

Exceptional Investment Opportunity - Modern Triplex in Prime Delray Beach Location! Welcome to Three on De Carie—a sophisticated and beautifully updated luxury triplex just minutes from the vibrant downtown Delray Beach and steps away from the Seacrest Sports Complex and Hill topper Stadium. This meticulously maintained property offers modern elegance and timeless appeal, featuring: A fully remodeled 2-bedroom, 1-bath front unit, showcasing designer upgrades including custom cabinetry, waterfall quartz countertops, stainless steel appliances, and contemporary lighting. Fresh interior and exterior paint, upgraded doors, lush landscaping, and a newly paved asphalt driveway. A brand-new roof (2024) for added durability and value. Property Highlights: Three distinct units:
Two (2-bedroom, 1-bath units) and one standalone studio, offering flexible income potential. The vacant front unit is move-in readyperfect for owner occupancy, luxury Airbnb rentals, or long-term leasing.
Investment Potential:
Market Rent Estimates:
Front Unit: $2,795 - $3,200/month
Current below market rent:$1,800 and $1,400/month
Please respect tenant privacydrive-by only.
All information is deemed reliable but not guaranteed. Buyers should verify MLS data.
Offered by Owner/Broker.
Seize this rare opportunity to own a turnkey modern investment property in one of South Florida's most desirable locations!

Attachments

ThreeonDeCarie

Financial Summary (Actual - 2024) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $1,699,373 CAD
Price Per Unit $566,458 CAD
Sale Type Investment
Cap Rate 5.04%
No. Units 3
Property Type Multifamily
Lot Size 0.17 AC
Building Size 1,831 SF
No. Stories 1
Year Built/Renovated 1954/2024
Parking Ratio 3.28/1,000 SF

Unit Amenities

  • Washer/Dryer

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 2 $3,585 CAD 740
Studios 1 $2,008 CAD 355

zoning

Zoning Code RM
RM
  • Listing ID: 34378352

  • Date on Market: 2025-01-05

  • Last Updated:

  • Address: 323 De Carie St, Delray Beach, FL 33444

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