800 Tropic Blvd - Multi-Family FOR SALE


Delray Beach, FL 33483- Outer Delray Beach
$2,500,000 USD
561-269-9525
800 Tropic Blvd, Delray Beach, FL for Sale
$2,500,000 USD
Multi-Family - FOR SALE
1/78
null | Request Cap Rate

800 Tropic Blvd
Delray Beach, FL 33483
Outer Delray Beach


OVERVIEW

800 Tropic Blvd - Ultra-Luxury Fourplex in the Heart of Tropic Isles, Delray Beach Experience coastal luxury reimagined at 800 Tropic Blvd, an ultra-luxury fourplex nestled in Delray Beach's coveted Tropic Isles neighborhood. Every unit in this stunning property has been meticulously remodeled, blending timeless sophistication with modern elegance. Each residence features brand-new designer kitchens, luxury vinyl plank flooring, and spa-inspired bathrooms with contemporary finishes. The property offers versatile living options—ideal as a luxury Airbnb or VRBO investment, a seasonal or annual furnished rental portfolio, or a primary residence with strong income potential. PROPERTY HIGHLIGHTS " " Fully renovated and turnkey fourplex - can be delivered fully furnished " " Units B & C: Spacious 2-bedroom, 1-bath residences, approx. 1,000 sq. ft. each " " Units A & D: Modern 2-bedroom, 1-bath residences, approx. 625 sq. ft. each " " Brand-new kitchens with quartz counters, stainless steel appliances, and designer lighting " " Elegant bathrooms with floor-to-ceiling tile, glass shower enclosures, and modern vanities " " Luxury vinyl plank floors throughout - stylish, durable, and low maintenance " " All units currently vacant, perfect for high-end short-term or long-term leasing strategy " " Available for lease from $3,500 - $4,500 per month INVESTMENT SUMMARY This exceptional fourplex presents both a lifestyle and investment opportunity in one of South Florida's most desirable enclaves. With the flexibility for luxury short-term rentals or long-term furnished leases, it offers strong potential cash flow and appreciation in Delray Beach's thriving Tropic Isles submarket.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$781 USD /SF

# OF UNITS

4

PRICE/UNIT

$625,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Two on Tropic

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

PARKING SPACES

6

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

12-43-46-28-01-000-0970

ASK ABOUT THIS PROPERTY

Sophia WilletsGRACE CREMore Info
561-269-9525

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Sophia WilletsGRACE CREMore Info
561-269-9525

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