NOT LISTED FOR SALE

139 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $1,928,000 - $3,140,627

-- Bed
5 Baths
6,000 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 02, 2022

Last sale price $2,680,000 $447 Per Sq Ft

Est. 1% increase in value since last sale

Current estimated payment $18,205/month

19 Days on Market

Highlights

  • Water Views
  • Terrazzo Flooring
  • No Heating
  • Patio
  • Wood Siding
  • 4-minute walk to Veterans Park

About This Home

As of March 2022

Rare opportunity to acquire 2 Lots with multi-family dwelling in Delray's desirable Marina Historic District! Fabulous location next to Intracoastal and ocean! Stroll through a quaint neighborhood, one block to the Intracoastal and less than two blocks to Atlantic Avenue for dining, shopping, entertainment. 7 units across 4 buildings. Approximate SF 6000. The building layout provides open/covered patios and individual entrances. Five 2-bedroom/1-bath and two 1-bedroom/1-bath. Property has been prepped for renovations. Sample artist rendering available. Up to 12 off-street parking spaces. Sold as-is/where-is. No express or implied warranties. Listing agent must accompany showings or property walk-around. Contributing structure in Historic district.

Last Agent to Sell the Property

Kathleen Scully

Douglas Elliman License #3490856 Listed on: 01/11/2022

Douglas Elliman

Co-Listed By

Michelle Yales

Douglas Elliman License #3304792

Last Buyer's Agent

Maria Heckendorn

Coldwell Banker Realty /Delray Beach License #3460262

Coldwell Banker Realty /Delray Beach

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $30,122

Year Built

  • Built in 1928

Lot Details

  • 7,144

Property Views

  • Water
  • Garden

Home Design

  • Wood Siding

Interior Spaces

  • 6,000 Sq Ft Home
  • 1-Story Property
  • Terrazzo Flooring

Outdoor Features

  • Patio

Utilities

  • No Cooling
  • No Heating
  • Cable TV Available

Community Details

  • 2 Units
  • Delray Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616011260180 And 12434616011260170

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$30,122

Year Built

Built in 1928

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Directions: East on Atlantic, turn South on SE 7th Avenue towards end of 2nd block.
  • Year Built: 1928
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Flooring: Other, Terrazzo
  • Living Area: 6000.0

Exterior Features

  • Exterior Features: Patio
  • View: Garden, Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block, Wood Siding
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Other

Utilities

  • Cooling: None
  • Cooling Y N: No
  • Heating: None
  • Heating Yn: No
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity 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 #: 12434616011260180 And 12434616011260170
  • Zoning Description: RM(cit

Rental Info

  • Tenant Pays: Exterior Electric

Tax Info

  • Tax Year: 2021
  • Tax Annual Amount: 30122.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 11, 2022
Closed on
Mar 2, 2022
Sold by
Cts Florida Property Iii Llc
Bought by
139-143 Se 7Th Avenue Llc
Seller's Agent
Kathleen Scully
Douglas Elliman
Buyer's Agent
Maria Heckendorn
Coldwell Banker Realty /Delray Beach
List Price
$2,995,000
Sold Price
$2,680,000
Premium/Discount to List
-$315,000
-10.52%
Total Days on Market
19
Current Estimated Value
$2,716,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,542
Avg. Annual Appreciation
-8.25%

Purchase Details

Listed on
Jan 11, 2022
Closed on
Jan 14, 2022
Sold by
Cts Florida Property Iii Llc
Bought by
Cts Florida Property Iii Llc
Seller's Agent
Kathleen Scully
Douglas Elliman
Buyer's Agent
Maria Heckendorn
Coldwell Banker Realty /Delray Beach
List Price
$2,995,000
Sold Price
$2,680,000
Premium/Discount to List
-$315,000
-10.52%

Purchase Details

Closed on
Sep 20, 2021
Sold by
Cts Florida Property Iii Llc
Bought by
Cts Florida Property Iii Llc

Purchase Details

Listed on
Oct 26, 2020
Closed on
Dec 18, 2020
Sold by
Tierra Delray Llc
Bought by
Cts Florida Property Iii Llc
Seller's Agent
Derek Schwartz
Esquire Realty Advisors LLC
Buyer's Agent
Derek Schwartz
Esquire Realty Advisors LLC
List Price
$1,599,999
Sold Price
$1,323,000
Premium/Discount to List
-$276,999
-17.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.04%

Purchase Details

Closed on
May 12, 2010
Sold by
Perks Lapaula
Bought by
Tierra Delray Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.06%
Mortgage Type
Balloon

Purchase Details

Closed on
May 11, 2010
Sold by
Born Roxanne
Bought by
Tierra Delray Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 13, 2005
Sold by
Perks Lapaula and Born Roxanne
Bought by
Perks Lapaula and Born Roxanne

Purchase Details

Closed on
Jan 27, 2001
Sold by
Perks Lapaula and Born Roxanne
Bought by
Perks Lapaula
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
139-143 Se 7Th Avenue Llc $2,680,000 Kennedy & Kennedy Pl
Cts Florida Property Iii Llc -- Kennedy & Kennedy Pl
Cts Florida Property Iii Llc -- Kennedy & Kennedy Pl
Cts Florida Property Iii Llc -- Accommodation
Cts Florida Property Iii Llc $1,323,000 Attorney
Tierra Delray Llc $300,000 Imperial Title Llc
Tierra Delray Llc -- Imperial Title Llc
Perks Lapaula -- --
Perks Lapaula -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tierra Delray Llc $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/02/2022 03/02/22 Sold $2,680,000 -10.5% $447 / Sq Ft
01/31/2022 01/31/22 Pending -- -- --
01/11/2022 01/11/22 For Sale $2,995,000 +126.4% $499 / Sq Ft
12/21/2020 12/21/20 Sold $1,323,000 -17.3% $202 / Sq Ft
11/21/2020 11/21/20 Pending -- -- --
10/26/2020 10/26/20 For Sale $1,599,999 -- $244 / 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 $45,457 $2,464,669 -- --
2023 $47,865 $2,499,339 $1,875,500 $623,839
2022 $19,264 $814,195 $0 $0
2021 $15,461 $740,177 $435,000 $305,177
2020 $12,992 $743,087 $525,000 $218,087
2019 $12,162 $696,880 $475,000 $221,880
2018 $10,858 $642,585 $468,302 $174,283
2017 $10,100 $581,502 $407,219 $174,283
2016 $9,676 $371,682 $0 $0
2015 $8,992 $337,893 $0 $0
2014 $8,484 $307,175 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kathleen Scully

    Seller's Agent in 2022

    Kathleen Scully

    Douglas Elliman

    (303) 513-9718

    2 in this area

    15 Total Sales

    Kathleen Scully
    Section Image

  • M

    Seller Co-Listing Agent in 2022

    Michelle Yales

    Douglas Elliman

    (954) 263-4644

    17 in this area

    65 Total Sales

    Michelle Yales
    Section Image

  • M

    Buyer's Agent in 2022

    Maria Heckendorn

    Coldwell Banker Realty /Delray Beach

    (949) 922-5743

    4 in this area

    24 Total Sales

    Maria Heckendorn
    Section Image
  • Derek Schwartz

    Seller's Agent in 2020

    Derek Schwartz

    Esquire Realty Advisors LLC

    (561) 302-0009

    6 in this area

    22 Total Sales

    Derek Schwartz
    Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10769049

BeachesMLS

APN: 12-43-46-16-01-126-0180

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

139 SE 7th Ave, Delray Beach, FL

This home is located at 139 SE 7th Ave, Delray Beach, FL 33483 since 11 January 2022 and is currently estimated at $2,716,542, approximately $452 per square foot. This property was built in 1928. 139 SE 7th Ave is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, 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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