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Active - Multi Family for sale

1850 Palm Trail, Delray Beach, FL

Facts & features

Multi Family Property type
1610 days on Beycome
1972 Year built
17,860 sqft Lot size

Why you’ll love it

WOW! This 8-unit Multifamily property sited on over .40 acres in a Prime location of East Delray Beach is now available! The building is composed of Four 2bed/2bath units and Four 1bed/1bath units. Six of the Eight units are occupied with a mixture of annual and month-to-month leases, perfect for investors. There is ample parking (16 spaces) with the ability to add a pool OR increase the density with an additional unit for highest ROI. Palm Trail is a highly desired street address with multi-million dollar estates adjacent to the property and minutes to Downtown Delray's Atlantic Ave. A must see!

Translating description...

Listings courtesy of Korman Realty LLC.

Listed by: Michael Korman • (954) 598-3277 • Korman Realty LLC

Co-listed by: Courtney Collier • (954) 598-3277 • Korman Realty LLC

Source: Beaches MLS, MLS#: R10809723 Beaches MLS logo

Based on info available as of Nov 13, 2026 at 1:32 AM EST.

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Affordability

$1,920,000$3,985,000
1%20%
0%90%
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Estimated monthly payment

$18,509/mo

  • Mortgage$14,917
  • Property tax$1,426
  • HOA fee
  • Homeowners insurance
Due at closing$2,345,250
Down payment held in escrow$590,000
Closing costs$44,250
beycome credit Est.$59,000

Beycome estimates only. Actual amounts and terms vary by lender and location.

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Travel times

About Snow Hill

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Flood & climate risk

FEMA Flood Zone AE

In a FEMA Special Flood Hazard Area — flood insurance is typically required with a federally-backed mortgage.

More details

Base flood elevation: 8 ft. Source: FEMA National Flood Hazard Layer. Confirm on the FEMA Flood Map.

Disclaimer

All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Information is provided exclusively for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Listing information ©2026 Beaches Multiple Listing Service®. All Rights Reserved. Data Last Updated: Nov 13, 2026 at 01:32am EST.

$2,950,000 Listed price

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