NOT LISTED FOR SALE

146 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $1,326,797

0.21 Acre
$6,318,081 Price per Acre
9,150 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $1,375,000

Est. 4% decrease in value since last sale

Current estimated payment $8,696/month

112 Days on Market

About This Lot

As of May 2024

Introducing a prime and versatile buildable lot nestled in a superb location of the Marina District, steps to downtown Delray Beach and the picturesque Intracoastal waterway. This rare opportunity offers the potential to construct either a splendid residential retreat or a multi-family haven, providing endless possibilities for investors and homeowners alike.Situated in the heart of a vibrant community, this lot is strategically positioned to capture the essence of urban living while enjoying the beach town vibe. The walkable proximity to downtown ensures easy access dining, shopping, entertainment and activities.

Last Agent to Sell the Property

Leanna Fruin

Engel & Voelkers Delray Beach License #3015831 Listed on: 01/22/2024

Engel & Voelkers Delray Beach

Co-Listed By

Savannah Fruin

Engel & Voelkers Delray Beach License #3387710

Last Buyer's Agent

Leanna Fruin

Engel & Voelkers Delray Beach License #3015831 Listed on: 01/22/2024

Engel & Voelkers Delray Beach

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $19,195

Lot Details

  • 9,150 Sq Ft Lot
  • Property is zoned RM

Additional Features

  • Water Views
  • City Lot

Community Details

  • Delray Town Of Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616011180111

Property Details

Property Type

Land

Est. Annual Taxes

$19,195

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Linton Blvd north on 6th turn right on se 2nd.
  • Special Features: VirtualTour

Exterior Features

  • View: Water
  • Lot Features: City Lot, < 1/4 Acre
  • View: Yes
  • Waterfront: No

Lot Info

  • Parcel #: 12434616011180111
  • Development Status: Raw Land
  • Lot Size Acres: 0.21
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 9150.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 19195.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2024
Closed on
May 28, 2024
Sold by
Verma Ajay
Bought by
Kassab Brian and Cesario Carla
Seller's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
Buyer's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
List Price
$1,695,000
Sold Price
$1,375,000
Premium/Discount to List
-$320,000
-18.88%
Views
50
Current Estimated Value
$1,326,797

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$48,203
Avg. Annual Appreciation
-2.59%

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jul 16, 2021
Sold by
200 Se 7Th Ave Llc
Bought by
Verma Ajay
Seller's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
Buyer's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.75%
Original Mortgage
$475,000
Interest Rate
2.93%
Mortgage Type
Balloon

Purchase Details

Listed on
Nov 23, 2020
Closed on
Jul 14, 2021
Sold by
200 Se 7Th Ave Llc
Bought by
Verma Ajay
Seller's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
Buyer's Agent
Leanna Fruin
Engel & Voelkers Delray Beach
List Price
$925,000
Sold Price
$950,000
Premium/Discount to List
$25,000
2.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
2.93%
Mortgage Type
Balloon

Purchase Details

Closed on
Aug 29, 2019
Sold by
Christian Science Society Of Defray Beac
Bought by
200 Se 7Th Ave Llc
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
Kassab Brian $1,375,000 None Listed On Document
Kassab Brian $1,375,000 None Listed On Document
Verma Ajay $950,000 Attorney
Verma Ajay $950,000 None Listed On Document
200 Se 7Th Ave Llc $1,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Verma Ajay $475,000
Previous Owner Verma Ajay $475,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/28/2024 05/28/24 Sold $1,375,000 -13.8% --
05/14/2024 05/14/24 Pending -- -- --
04/10/2024 04/10/24 Price Changed $1,595,000 -5.9% --
01/22/2024 01/22/24 For Sale $1,695,000 +78.4% --
07/16/2021 07/16/21 Sold $950,000 +2.7% -- View Prior Sale
06/16/2021 06/16/21 Pending -- -- --
11/23/2020 11/23/20 For Sale $925,000 -- --
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 $19,613 $1,022,672 -- --
2023 $19,195 $929,702 $1,181,184 $0
2022 $16,454 $845,184 $0 $0
2021 $8,068 $400,000 $400,000 $0
2020 $8,546 $420,000 $420,000 $0
2019 $0 $380,000 $380,000 $0
2018 $0 $382,536 $382,536 $0
2017 $0 $332,640 $332,640 $0
2016 $0 $308,000 $0 $0
2015 -- $292,820 $0 $0
2014 -- $266,200 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Leanna Fruin

    Seller's Agent in 2024

    Leanna Fruin

    Engel & Voelkers Delray Beach

    (561) 445-1415

    17 in this area

    59 Total Sales

    Leanna Fruin
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Savannah Fruin

    Engel & Voelkers Delray Beach

    (561) 445-1805

    16 in this area

    60 Total Sales

    Savannah Fruin
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10952496

BeachesMLS

APN: 12-43-46-16-01-118-0111

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

146 SE 7th Ave, Delray Beach, FL

This home is located at 146 SE 7th Ave, Delray Beach, FL 33483 since 22 January 2024 and is currently estimated at $1,326,797. 146 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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