NOT LISTED FOR SALE

146 SW 12th Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $896,084

Studio
2 Baths
2,548 Sq Ft
$352/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2019

Last sale price $235,000 $92 Per Sq Ft

Est. 281% increase in value since last sale

Current estimated payment $5,998 / mo

116 Days on Market

Highlights

  • Outdoor Living Area
  • Balcony
  • Ceramic Tile Flooring
  • No HOA
  • Open Patio
  • 5-minute walk to Dr Rev JWH Thomas Jr Park

About This Home

As of August 2019

DELRAY BEACH: ATTENTION ALL INVESTORS! HUGE TRIPLEX IN OVER-SIZED DOUBLE-CORNER LOT HOME CLOSE TO EVERYTHING! MINUTES TO I-95, RESTAURANTS, THE BEACH, AND MORE! PROPERTY HAS AMPLE PARKING SPACE FOR ALL UNITS. TENANTS HAVE BEEN THERE FOR MULTIPLE YEARS SO RENTALS ARE WELL BELOW MARKET VALUE. 3/1 DOWNSTAIRS, 4/1.5 UPSTAIRS, & AN EFFICIENCY IN THE BACK. LOCATION IS UP AND COMING. PROPERTY CAN BE USED FOR DRUG REHAB PURPOSES. PROPERTY NEEDS UPDATING AND RENOVATING IN ORDER TO INCREASE THE RENTAL VALUES. HANDY-MAN SPECIAL. CAN BE CONVERTED TO HOUSE. LOTS OF POTENTIAL FOR THE COMING YEARS! BRING US AN OFFER!

Last Agent to Sell the Property

Kevin Mejia

Keller Williams Realty Consult License #3378230 Listed on: 03/17/2019

Keller Williams Realty Consult

Last Buyer's Agent

Max Marcellus

Mr Max LLC License #3363290

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,116

Year Built

  • Built in 1980

Lot Details

  • Fenced

Home Design

  • Triplex
  • Flat Roof Shape
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,548 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring

Outdoor Features

  • Balcony
  • Open Patio
  • Outdoor Living Area

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Wall Furnace
  • Separate Meters
  • Cable TV Not Available

Listing and Financial Details

  • Assessor Parcel Number 12434617180030230

Community Details

Overview

  • No Home Owners Association
  • Association fees include hot water, ground maintenance, trash
  • 3 Units
  • Atlantic Park Gardens Subdivision

Building Details

  • Operating Expense $6,412
  • Net Operating Income $26,508

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,116

Year Built

Built in 1980

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Triplex
  • Property Sub Type Additional: Triplex
  • Directions: Merge onto I-95 N, Take exit 52 for FL-806/Atlantic Ave, Turn right onto FL-806 E/W Atlantic Ave, Turn right at the 1st cross street onto SW 12th Ave, 146 SW 12th Ave, Delray Beach, FL 33444
  • Year Built: 1980
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Private Spa: No
  • Flooring: Ceramic Tile
  • Living Area: 2548.0
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Open, Patio, Balcony
  • Property Condition: Resale
  • Roof: Composition, Flat, Shingle

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Separate Meters, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Not Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Fee Information

  • Association Fee Includes: Hot Water, Maintenance Grounds, Trash

Lot Info

  • Parcel #: 12434617180030230
  • Lot Size: 14,767SQFT
  • Mobile Dim Units: Feet
  • Zoning: RM

Multi Family

  • Property Net Operating Income: 26508.0
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Annual Operating Expense: 6412.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 5116.0

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2019
Closed on
Aug 9, 2019
Sold by
Torraco Samuel A
Bought by
Seller's Agent
Kevin Mejia
Keller Williams Realty Consult
Buyer's Agent
Max Marcellus
Mr Max LLC
List Price
$299,900
Sold Price
$235,000
Premium/Discount to List
-$64,900
-21.64%
Current Estimated Value
$896,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$661,084
Avg. Annual Appreciation
20.68%
Original Mortgage
$211,500
Interest Rate
3.73%
Mortgage Type
Commercial

Purchase Details

Closed on
Feb 23, 2018
Sold by
Torraco Mariza O
Bought by
Torraco Samuel A

Purchase Details

Closed on
Dec 27, 2004
Sold by
Torraco Samuel A and Torraco Mariza
Bought by
Torraco Samuel A and Torraco Mariza

Purchase Details

Closed on
Sep 6, 2001
Sold by
Brady Millicent
Bought by
Torraco Samuel A and Torraco Mariza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,250
Interest Rate
6.89%

Purchase Details

Closed on
Mar 9, 1995
Sold by
Fed Natl Mtg Assn
Bought by
Brady Millicent

Purchase Details

Closed on
Feb 3, 1995
Sold by
Clerk Circuit Court
Bought by
Fed Natl Mtg Assn

Purchase Details

Closed on
Jan 23, 1995
Sold by
Clerk Circuit Court
Bought by
Bk N Amer
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Delray Beach, FL

  • Jeff Tricoli Real Estate Agent - KW Reserve Palm Beach

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 898-0458

    1,831 Total Sales

    3 in Downtown Delray Beach

    $160K - $758K Price Range

    Jeff Tricoli
     Section Image
  • Ana Armua Real Estate Agent - Re/Max Rex

    Ana Armua

    Re/Max Rex

    (954) 869-9191

    47 Total Sales

    1 in Downtown Delray Beach

    $472,000 Price

    Ana Armua
     Section Image
  • Christian Duhaime Real Estate Agent - RE/MAX Consultants Realty 1

    Christian Duhaime

    RE/MAX Consultants Realty 1

    (844) 697-4211

    74 Total Sales

    1 in Downtown Delray Beach

    $930,000 Price

    Christian Duhaime
     Section Image
  • Carolina Suarez Rivas Real Estate Agent - Vreeland Real Estate LLC

    Carolina Suarez Rivas

    Vreeland Real Estate LLC

    (786) 977-8584

    62 Total Sales

    1 in Downtown Delray Beach

    $625,000 Price

    Carolina Suarez Rivas
     Section Image
  • Chris Widen Real Estate Agent - The Keyes Company

    Chris Widen

    The Keyes Company

    (866) 788-9755

    60 Total Sales

    1 in Downtown Delray Beach

    $360,500 Price

    Chris Widen
     Section Image
  • Loodmy Jacques Real Estate Agent - KW Reserve Palm Beach

    Loodmy Jacques

    KW Reserve Palm Beach

    (561) 770-9747

    293 Total Sales

    7 in Downtown Delray Beach

    $162K - $722K Price Range

    Loodmy Jacques
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$235,000 Title Alliance Professionals
Torraco Samuel A $136,901 None Available
Torraco Samuel A -- --
Torraco Samuel A $115,000 Universal Land Title Inc
Brady Millicent $64,100 --
Fed Natl Mtg Assn -- --
Bk N Amer -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $252,000
Closed Mr Max Llc $211,500
Previous Owner Torraco Samuel A $316,000
Previous Owner Torraco Samuel A $220,000
Previous Owner Torraco Samuel A $32,000
Previous Owner Torraco Samuel A $109,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/09/2019 08/09/19 Sold $235,000 -21.6% $92 / Sq Ft
07/10/2019 07/10/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $299,900 -- $118 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2025 $11,271 $540,691
2024 $11,271 $491,537
2023 $10,729 $446,852 $351,588 $399,450
2022 $8,685 $406,229 $0 $0
2021 $7,667 $369,299 $125,000 $244,299
2020 $7,662 $365,907 $116,000 $249,907
2019 $5,773 $348,098 $106,000 $242,098
2018 $5,116 $317,064 $106,107 $210,957
2017 $4,676 $274,663 $70,738 $203,925
2016 $4,356 $171,230 $0 $0
2015 $3,765 $155,664 $0 $0
2014 $3,490 $141,513 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Kevin Mejia Real Estate Agent - Keller Williams Realty Consult

    Seller's Agent in 2019

    Kevin Mejia

    Keller Williams Realty Consult

    (954) 294-3088

    125 Total Sales

    Kevin Mejia
    Section Image

  • MM

    Buyer's Agent in 2019

    Max Marcellus

    Mr Max LLC

    (954) 295-9098

    6 Total Sales

    Max Marcellus
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10167355

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-17-18-003-0230

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

146 SW 12th Ave, Delray Beach, FL

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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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