NOT LISTED FOR SALE

Estimated Value: $1,392,055

0.21 Acre
$6,628,833 Price per Acre
9,150 Sq Ft Lot

Last Sold May 28, 2024

Last sale price $1,375,000

Est. 1% increase in value since last sale

Current estimated payment $9,448/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%
Total Days on Market
112
Views
50
Current Estimated Value
$1,392,055

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$17,055
Avg. Annual Appreciation
1.22%

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

Closed on
Aug 29, 2019
Sold by
Christian Science Society Of Defray Beac
Bought by
200 Se 7Th Ave Llc
Source: Public Records

Similar Properties in Delray Beach, FL

  • 2023 N Swinton Ave, Delray Beach, FL 33444

    $1,495,000

    • Land
    • 0.25 Acre
    • $5,980,000 per Acre
    • 2023 N Swinton Ave
    • Delray Beach, FL

    INVESTMENT OPPORTUNITY! ONE RECORDED LOT offered for sale with architectural plans for a custom-designed, two-story luxury residence. The proposed home spans 6,664 total square feet, with 4,962 square feet under air, and features 5 bedrooms, a den, 5 full bathrooms, and 3 half bathrooms. No HOA restrictions apply. Planned features include an elevator, 3-car garage, saltwater chlorinated pool,

    Roberta Lucas Century 21 LUXE HOMES

    Section Image
  • 2019 N Swinton Ave, Delray Beach, FL 33444

    $1,595,000

    • Land
    • 0.23 Acre
    • $6,934,783 per Acre
    • 2019 N Swinton Ave
    • Delray Beach, FL

    INVESTMENT OPPORTUNITY! ONE RECORDED LOT offered for sale with architectural plans for a custom-designed, two-story luxury residence. The proposed home spans 6,664 total square feet, with 4,962 square feet under air, and features 5 bedrooms, a den, 5 full bathrooms, and 3 half bathrooms. No HOA restrictions apply. Planned features include an elevator, 3-car garage, saltwater chlorinated pool,

    Roberta Lucas Century 21 LUXE HOMES

    Section Image
  • 607 NE 7th Ave, Delray Beach, FL 33483

    $1,850,000

    • Land
    • 0.21 Acre
    • $8,809,524 per Acre
    • 607 NE 7th Ave
    • Delray Beach, FL

    *DO NOT DISTURB TENANTS!Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks

    Ingrid Kennemer Coastal Commercial Group, LLC

    Section Image
  • 8 NW 24th St, Delray Beach, FL 33444

    $1,275,000

    • Land
    • 0.24 Acre
    • $5,312,500 per Acre
    • 8 NW 24th St
    • Delray Beach, FL

    Newly Priced. Amazing Waterfront Lot on Lake Eden. Super sought after area in Delray Beach. Great opportunity for Developers and Builders looking to build on this amazing lot close to everything in Delray Beach has to offer, Beaches, Restaurants. Surrounded by 4 to 6 million homes. Owner is also willing your build dream home. Reach out to us today before it is gone.

    Steve Petrucci Beachfront Properties Real Estate LLC

    Section Image

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Verma Ajay $950,000 Attorney
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
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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% --
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

  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS

MLS Number: R10952496

BeachesMLS

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