NOT LISTED FOR SALE

128 SW 3rd Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $527,000 - $1,154,000

-- Bed
4 Baths
2,400 Sq Ft
$316/Sq Ft Est. Value

Last Sold May 14, 2024

Last sale price $450,000 $188 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $4,635/month

154 Days on Market

Highlights

  • Water Views
  • Central Heating and Cooling System
  • Concrete Flooring
  • Interior Lot

About This Home

As of May 2024

This is a fantastic investment opportunity for those looking to break into the lucrative multi-family property market. This 3/2 duplex is currently occupied by tenants, making it an ideal turnkey investment for those looking to hit the ground running.With its prime location close to beaches and stores, this property offers both convenience and comfort. The unit boasts 1200 sqFeet of living space, providing ample room for a family or group of tenants. The bedrooms are well-sized, and the two bathrooms provide added convenience.

Last Agent to Sell the Property

Kuljon Pierre

Highlight Realty Corp/LW License #3541989 Listed on: 06/15/2023

Highlight Realty Corp/LW

Last Buyer's Agent

Kuljon Pierre

Highlight Realty Corp/LW License #3541989 Listed on: 06/15/2023

Highlight Realty Corp/LW

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,090

Year Built

  • Built in 1990

Lot Details

  • 6,995 Sq Ft Lot
  • Interior Lot

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Single Hung Metal Windows
  • Water Views

Flooring

  • Carpet
  • Concrete
  • Vinyl

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434617070380130

Community Details

Overview

  • 2 Units
  • Delray Beach Subdivision

Building Details

  • Operating Expense $4,000
  • Net Operating Income $30,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,090

Year Built

Built in 1990

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: I-95 TO ATLANTIC BLVD, EAST TO PROPERTY
  • Year Built: 1990
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Concrete, Vinyl
  • Living Area: 2400.0
  • Window Features: Metal, Single Hung

Exterior Features

  • Exterior Features: None
  • View: Other, Water
  • Lot Features: Interior Lot, < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434617070380130
  • Lot Size: 52.0 ft x 0.0 ft
  • Lot Size Sq Ft: 6995.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 30000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 4000.0

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 6090.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 15, 2023
Closed on
May 14, 2024
Sold by
Mareus Rosemarie and Vincent Personnel
Bought by
Pierre Junior
Seller's Agent
Kuljon Pierre
Highlight Realty Corp/LW
Buyer's Agent
Kuljon Pierre
Highlight Realty Corp/LW
List Price
$625,000
Sold Price
$450,000
Premium/Discount to List
-$175,000
-28%
Views
210
Current Estimated Value
$759,376

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,376
Avg. Annual Appreciation
46.11%
Original Mortgage
$441,849
Outstanding Balance
$435,582
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$323,794

Purchase Details

Listed on
Nov 10, 2016
Closed on
Feb 28, 2017
Sold by
Bosquet Glaiseda and Bosquet Dallo
Bought by
Mareus Rosemarie and Vincent Personnel
Seller's Agent
Inona Pierre
Charles & Charles Realty LLC
Buyer's Agent
Inona Pierre
Charles & Charles Realty LLC
List Price
$350,000
Sold Price
$211,000
Premium/Discount to List
-$139,000
-39.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.09%
Original Mortgage
$207,176
Interest Rate
4.09%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 14, 2011
Sold by
Nord Melirat and Nord Kerelle
Bought by
Bosquet Dallo and Bosquet Glaiseda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,338
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2003
Sold by
Nord Melirat and Nord Kerelle
Bought by
Nord Melirat and Nord Kerelle

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,000
Interest Rate
5.98%

Purchase Details

Closed on
Dec 14, 1999
Sold by
Solimene Rocco and Whelchel Jordan D
Bought by
Nord Melirat and Jordan D Whelchel Jr

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,954
Interest Rate
7.99%
Mortgage Type
FHA
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
Pierre Junior $450,000 Accredited Title
Pierre Junior $450,000 Accredited Title
Mareus Rosemarie $211,000 Harbor Land Title Llc
Bosquet Dallo $105,000 Attorney
Nord Melirat $43,700 --
Nord Melirat $89,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pierre Junior $441,849
Closed Pierre Junior $441,849
Previous Owner Mareus Rosemarie $207,176
Previous Owner Bosquet Dallo $102,338
Previous Owner Nord Melirat $126,000
Previous Owner Nord Melirat $88,954
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $450,000 -28.0% $188 / Sq Ft
11/17/2023 11/17/23 Pending -- -- --
07/30/2023 07/30/23 For Sale $625,000 0.0% $260 / Sq Ft
07/30/2023 07/30/23 Price Changed $625,000 +31.6% $260 / Sq Ft
06/22/2023 06/22/23 Pending -- -- --
06/15/2023 06/15/23 For Sale $475,000 +125.1% $198 / Sq Ft
03/03/2017 03/03/17 Sold $211,000 -39.7% $88 / Sq Ft View Prior Sale
02/01/2017 02/01/17 Pending -- -- --
11/10/2016 11/10/16 For Sale $350,000 -- $146 / Sq Ft
Source: BeachesMLS

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 $7,313 $376,981 -- --
2023 $7,029 $347,402 $0 $0
2022 $6,090 $320,376 $0 $0
2021 $5,531 $302,222 $0 $0
2020 $5,106 $274,152 $58,000 $216,152
2019 $5,689 $262,397 $53,000 $209,397
2018 $5,110 $239,403 $54,232 $185,171
2017 $4,212 $217,785 $36,155 $181,630
2016 $2,292 $107,388 $0 $0
2015 $2,062 $101,387 $0 $0
2014 $1,951 $95,861 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2024

    Kuljon Pierre

    Highlight Realty Corp/LW

    (561) 662-8301

    1 in this area

    8 Total Sales

    Kuljon Pierre
    Section Image

  • I

    Seller's Agent in 2017

    Inona Pierre

    Charles & Charles Realty LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10897491

BeachesMLS

APN: 12-43-46-17-07-038-0130

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

128 SW 3rd Ave, Delray Beach, FL

This home is located at 128 SW 3rd Ave, Delray Beach, FL 33444 since 15 June 2023 and is currently estimated at $759,376, approximately $316 per square foot. This property was built in 1990. 128 SW 3rd Ave 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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