This East Delray Beach move-in-ready triplex, situated on a large double lot with no rear neighbors offers a prime location. The property boasts a new roof and city water (2023) and units are separately metered for electricity and water. Well water and a new well pump for irrigation. The layout features two large 2-bed/1-bath corner units and one spacious 1-bed/1-bath unit, each equipped with a washer and dryer.Each unit includes key upgrades:Unit A: New washer & dryer.Unit B: New water heater and new refrigeratorUnit C: New A/C, Fridge, & washer/dryer.Additional highlights include a freshly painted exterior and six parking spaces in front of the property. Mature coconut palms, pretty curb appeal and property is located East of Dixie. All units are on month-to-month leases. This property is an exceptional multi-family investment opportunity in East Delray Beach, minutes from the beach, shops, and downtown.
For sale
$1,175,000
1040 Miami Boulevard #1,2,3, Delray Beach, FL 33483
5beds
2,482sqft
Est.:
Triplex
Built in 1975
-- sqft lot
$1,073,100 Zestimate®
$473/sqft
$-- HOA
What's special
New roofMature coconut palmsSix parking spacesLarge double lotFreshly painted exterior
- 71 days
- on Zillow |
- 252 |
- 15 |
Zillow last checked: 7 hours ago
Listing updated: May 20, 2025 at 12:46am
Listed by:
Jeremy Olsher 561-400-3737,
Compass Florida LLC,
Brittany Cartwright 843-360-0473,
Compass Florida LLC
Source: BeachesMLS,MLS#: RX-11069829
Originating MLS: Beaches MLS

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Heating
- Central, Electric
Cooling
- Central Air, Electric, A/C Unit
Appliances
- Included: Dishwasher, Dryer, Electric Range, Refrigerator, Washer, Disposal, Range - Electric
Features
- Kitchen
- Flooring: Tile
- Windows: Blinds, Hurricane Windows, Impact Glass, Complete Impact Glass
Interior area
- Total structure area: 2,662
- Total interior livable area: 2,482 sqft
Video & virtual tour
Property
Parking
- Parking features: Space Parking
Features
- Stories: 1
- Patio & porch: Patio
- Exterior features: Auto Sprinkler, Room for Pool, Well Sprinkler
- Fencing: Fenced
- Has view: Yes
- View description: City, Garden
- Waterfront features: None
- Frontage length: 0
Lot
- Size: 0.28 Acres
- Dimensions: 110 x 95 irreg
- Features: 1/4 to 1/2 Acre, Sidewalks, Wooded, West of US-1
Details
- Parcel number: 12434621130050010
- Zoning: SAD(ci
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- CBS
- Roof: Comp Shingle
Condition
- Resale
- New construction: No
- Year built: 1975
Utilities & green energy
- Electric: Electric Meter, Separate Electrical Meters
- Sewer: Public Sewer
- Water: Public Water, Water Available, Well Water, Separate Water Meters
- Utilities for property: Electricity Connected, Water Available
Community & HOA
Community
- Features: None
- Subdivision: Silver Terrace Delray
HOA
- Has HOA: No
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $473/sqft
- Tax assessed value: $606,676
- Annual tax amount: $11,903
- Date on market: 3/10/2025
- Listing terms: Cash,Conventional,FHA
- Tenant pays: Cable TV, Electricity, Sewer, Water
- Electric utility on property: Yes
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