1100 SW 4th Ave - Apartments FOR SALE


Delray Beach, FL 33444- Outer Delray Beach
$18,250,000 USD
845-304-5148
1100 SW 4th Ave, Delray Beach, FL for Sale
$18,250,000 USD
Apartments - FOR SALE
1/28
null | 4.81% Cap Rate

1100 SW 4th Ave
Delray Beach, FL 33444
Outer Delray Beach


HIGHLIGHTS

  • Extremely Rare Opportunity To Acquire A 60-Unit, Villa-Style Multifamily Community In The Prestigious Delray Beach Area
  • Property Consists Of 15 Buildings Sitting On A Large 4.86 Acre Lot - Desirable Unit Mix Consisting Of ALL Spacious 2 Bed 2 Bath Units
  • Complete Ownership Of 60/60 Units Within The Community
  • All Electrical Subpanels Have Been Updated And New Roofs & Appliances As Needed
  • Prime Delray Beach Location Within Walking Distance To Restaurants, Retailers, Schools, And More
  • Located Just North Of Linton Blvd Providing Tenants Easy Access To Downtown, The Beach, And Anywhere In Palm Beach County Via I-95 And US-1

OVERVIEW

Fall Ridge of Delray presents a compelling opportunity to acquire a well-scaled, garden style multifamily asset in one of South Florida’s most established rental markets. The property consists of a 51,300 square foot building with 60 residential units, offering investors immediate scale and operational efficiency within a single asset. Constructed in 1980, the building reflects a classic low-rise multifamily design that continues to appeal to a broad renter profile seeking functional layouts and long-term housing stability. The property’s unit count and building size position it favorably for professional management and value-oriented investment strategies. With 60 units under one roof, ownership benefits from economies of scale, streamlined maintenance, and consistent cash flow potential. The RM – Multiple Family (Medium) zoning provides flexibility for continued multifamily use and supports long-term hold strategies within an established zoning framework, reducing entitlement risk for investors. Fall Ridge of Delray offers a strong foundation for both stable income and future upside through targeted capital improvements, operational efficiencies, and potential rent growth. Its vintage construction allows for a value-add approach while maintaining durable fundamentals typical of well-located garden-style assets. For multifamily investors focused on medium-density properties, the asset represents a rare opportunity to acquire scale, zoning certainty, and long-term multifamily viability within a single, cohesive property.

FOR SALE DETAILS

PRICE

$18,250,000 USD

PRICE/SF

$356 USD /SF

# OF UNITS

60

PRICE/UNIT

$304,167

CAP RATE

4.81%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fall Ridge of Delray

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

120

LAND DETAILS

LAND ACRES

4.9 AC

LAND SF

213,444 SF

ZONING

RM

APN/PARCEL ID

12-43-46-20-36-000-0010,12-43-46-20-36-000-0020,12-43-46-20-36-000-0030,12-43-46-20-36-000-0040,12-43-46-20-36-000-0050,12-43-46-20-36-000-0060,12-43-46-20-36-000-0070,12-43-46-20-36-000-0080,12-43-46-20-36-000-0090,12-43-46-20-36-000-0100,12-43-46-20-36-000-0110,12-43-46-20-36-000-0120,12-43-46-20-36-000-0130,12-43-46-20-36-000-0140,12-43-46-20-36-000-0150,12-43-46-20-36-000-0160,12-43-46-20-36-000-0170,12-43-46-20-36-000-0180,12-43-46-20-36-000-0190,12-43-46-20-36-000-0200,12-43-46-20-36-000-0210,12-43-46-20-36-000-0220,12-43-46-20-36-000-0230,12-43-46-20-36-000-0240,12-43-46-20-36-000-0250,12-43-46-20-36-000-0260,12-43-46-20-36-000-0270,12-43-46-20-36-000-0280,12-43-46-20-36-000-0290,12-43-46-20-36-000-0300,12-43-46-20-36-000-0310,12-43-46-20-36-000-0320,12-43-46-20-36-000-0330,12-43-46-20-36-000-0340,12-43-46-20-36-000-0350,12-43-46-20-36-000-0360,12-43-46-20-36-000-0370,12-43-46-20-36-000-0380,12-43-46-20-36-000-0390,12-43-46-20-36-000-0400,12-43-46-20-36-000-0410,12-43-46-20-36-000-0420,12-43-46-20-36-000-0430,12-43-46-20-36-000-0440,12-43-46-20-36-000-0450,12-43-46-20-36-000-0460,12-43-46-20-36-000-0470,12-43-46-20-36-000-0480,12-43-46-20-36-000-0490,12-43-46-20-36-000-0500,12-43-46-20-36-000-0510,12-43-46-20-36-000-0520,12-43-46-20-36-000-0530,12-43-46-20-36-000-0540,12-43-46-20-36-000-0550,12-43-46-20-36-000-0560,12-43-46-20-36-000-0570,12-43-46-20-36-000-0580,12-43-46-20-36-000-0590,12-43-46-20-36-000-0600

ASK ABOUT THIS PROPERTY

Daniel DratchFranklin StreetMore Info
845-304-5148

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Daniel DratchFranklin StreetMore Info
845-304-5148

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.