NOT LISTED FOR SALE

1040 W Atlantic Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $372,000 - $515,000

0.16 Acre
$2,569,275 Price per Acre
6,909 Sq Ft Lot

Last Sold March 15, 2017

Last sale price $350,000 $414 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $2,734/month

90 Days on Market

About This Lot

As of March 2017

Build your new office here up to 4 stories. Only chance to buy a lot in upcoming area. If you didn't know the Uptown Atlantic Project(UAP) is coming attaching I-95 to Trendy Delray downtown. All empty lots you pass to downtown are mostly owned by the city (CRA). U.A.P starts on the S. Side of Atlantic & adding 112 Apts+++Google U.A.P! The 1st phase expected soon on 6 acres off 6th 7th &8th St. The New Marriott Fairfield Hotel 1 block away! There wont be another opportunity like this once ground breaks!

Last Agent to Sell the Property

Sharon Allen

The Cove Guspav Realty License #3087647 Listed on: 11/14/2016

The Cove Guspav Realty

Last Buyer's Agent

Sharon Allen

Century 21 Guspav Realty Inc

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,501

Lot Details

  • 6,909 Sq Ft Lot
  • Corner Lot
  • Paved or Partially Paved Lot
  • Property is zoned CBD

Utilities

  • Cable TV Available

Community Details

  • Atlantic Gardens Delray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434617230080010

Property Details

Property Type

Land

Est. Annual Taxes

$2,501

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Business
  • Property Sub Type Additional: Commercial
  • Directions: 95 to Atlantic Avenue head East. After the first set of lights the property will be on the south side corner of 11th St and Atlantic Ave.
  • Ownership: Corporation
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: <1 Acre, Central Business District, Corner Lot, Rectangular Lot
  • Road Frontage Type: Main Thoroughfare
  • Road Surface Type: Paved
  • Waterfront: No
  • Disclosures: Other

Utilities

  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Lot Info

  • Parcel #: 12434617230080010
  • Current Use: Commercial
  • Lot Size Acres: 0.16
  • Lot Size: 1x57
  • Lot Size Sq Ft: 6909.0
  • Zoning Description: CBD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 2501.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2016
Closed on
Mar 14, 2017
Sold by
1040 West Atlantic Ave Llc
Bought by
Vittorio Christopher
Seller's Agent
Sharon Allen
The Cove Guspav Realty
Buyer's Agent
Sharon Allen
Century 21 Guspav Realty Inc
List Price
$599,000
Sold Price
$350,000
Premium/Discount to List
-$249,000
-41.57%
Current Estimated Value
$411,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$61,084
Avg. Annual Appreciation
1.88%

Purchase Details

Closed on
Oct 14, 2016
Sold by
Bonaby Alphonso and Bonaby Angela
Bought by
1040 West Atlantic Ave Llc

Purchase Details

Closed on
Oct 3, 2013
Sold by
Butler Florence and Bonaby James
Bought by
Bonaby Angela

Purchase Details

Closed on
Nov 7, 2012
Sold by
Oneal Levern and Mcnair Frances B
Bought by
Bonaby Alphonso

Purchase Details

Closed on
Apr 30, 2012
Sold by
Bonaby Alphonso and Alphonso Bonaby Sr Living Trus
Bought by
Mcnair Frances B

Purchase Details

Closed on
Jun 30, 2005
Sold by
Bonaby Alphonso
Bought by
Bonaby Alphonso

Purchase Details

Closed on
Jul 29, 1994
Sold by
Bonaby James and Bonaby Florence
Bought by
Bonaby Alphonso
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vittorio Christopher $350,000 None Available
1040 West Atlantic Ave Llc $305,000 First International Titel In
Bonaby Angela -- None Available
Bonaby Alphonso -- Attorney
Mcnair Frances B -- Attorney
Bonaby Alphonso -- --
Bonaby Alphonso -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2017 03/15/17 Sold $350,000 -41.6% $414 / Sq Ft
02/13/2017 02/13/17 Pending -- -- --
11/14/2016 11/14/16 For Sale $599,000 -- $708 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $6,981 $341,800 -- --
2023 $6,746 $310,727 $266,511 $88,869
2022 $6,300 $282,479 $0 $0
2021 $5,852 $282,088 $217,602 $64,486
2020 $5,536 $278,505 $217,602 $60,903
2019 $5,225 $269,126 $207,240 $61,886
2018 $4,316 $192,937 $124,344 $68,593
2017 $4,035 $176,324 $106,660 $69,664
2016 $2,603 $104,528 $0 $0
2015 $2,501 $95,025 $0 $0
2014 $2,243 $86,386 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Sharon Allen

    Seller's Agent in 2017

    Sharon Allen

    The Cove Guspav Realty

    (321) 863-8575

    60 Total Sales

    Sharon Allen
    Section Image

  • S

    Buyer's Agent in 2017

    Sharon Allen

    Century 21 Guspav Realty Inc

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10039629

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-17-23-008-0010

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

1040 W Atlantic Ave, Delray Beach, FL

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