NOT LISTED FOR SALE

1211 NE 8th Ave Unit 1,2,3,4,5,6,7,8 Delray Beach, FL 33483

Seacrest Neighborhood
-- Bed
-- Bath
3,022 Sq Ft
8,923 Sq Ft Lot

Last Sold November 20, 2019

Last sale price $1,300,000 $430 Per Sq Ft

181 Days on Market

Highlights

  • Impact Glass
  • Shed
  • Central Heating and Cooling System
  • Patio
  • Ceramic Tile Flooring
  • Ceiling Fan

About This Home

As of November 2019

In the heart of booming Delray this fully rented and renovated 8 unit building is ready and waiting for you to take it to the next level! 100% occupancy since the current owner bought the property in 2013. This building features four efficiencies and four 1 bedroom units, on site coin operated tenant laundry facility and also has a brand new roof. Located a half mile from downtown Delray and less than a mile to the beach! An already strong rental could be even stronger in comparison to the vacation rentals in the area who charge up to 3 times more based on monthly rentals. This turnkey operation is ready for a new owner. Additionally preliminary 2019 tax records also shows the land alone is worth close to a million dollars.Owner would consider some financing.

Last Agent to Sell the Property

Fernando Corona

Multiple Listing Solutions License #3027785 Listed on: 04/22/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,044

Year Built

  • Built in 1955

Lot Details

  • 8,923 Sq Ft Lot

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,022 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Impact Glass

Outdoor Features

  • Patio
  • Shed

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434609080010130

Community Details

Overview

  • 4 Units
  • Kenmont Subdivision

Building Details

  • Operating Expense $20,000
  • Net Operating Income $82,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,044

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: N/A
  • Year Built: 1955
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3022.0
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Patio, Shed
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Utilities

  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434609080010130
  • Lot Size Sq Ft: 8923.0
  • Zoning Description: RL(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 82000.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 20000.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 15044.0

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/20/2019 11/20/19 Sold $1,300,000 -8.8% $430 / Sq Ft
10/21/2019 10/21/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $1,425,000 -- $472 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • F

    Seller's Agent in 2019

    Fernando Corona

    Multiple Listing Solutions

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Map

Source: BeachesMLS

MLS Number: R10523981

BeachesMLS

Florida Palm Beach County Delray Beach 33483 Seacrest

1211 NE 8th Ave Unit 1,2,3,4,5,6,7,8, Delray Beach, FL

This home is located at 1211 NE 8th Ave Unit 1,2,3,4,5,6,7,8, Delray Beach, FL 33483 since 22 April 2019. This property was built in 1955. 1211 NE 8th Ave Unit 1,2,3,4,5,6,7,8 is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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