NOT LISTED FOR SALE

148 SE 1st Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $850,000 - $1,495,000

3 Beds
2 Baths
1,100 Sq Ft
$1,127/Sq Ft Est. Value

Last Sold January 12, 2018

Last sale price $740,000 $673 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,313/month

35 Days on Market

Highlights

  • Wood Flooring
  • Guest Parking
  • East Facing Home

About This Home

As of January 2018

Don’t miss out, completely renovated duplex for high rental income or build condo/ townhouses, Phenomenal opportunity for Investment,one block from Atlantic Ave with the best night life and restaurants,Across the street from the most successful project in Delray (111 First Delray),Right in the middle of Hudson Holdings Game Changing Midtown Delray Beach project. Currently an income producing property,High end finishes with new wood floors,two new kitchens,new baths & extra-large backyard. great investment

Last Agent to Sell the Property

Shai Mashiach

Coldwell Banker Realty License #3235050 Listed on: 11/07/2017

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,359

Year Built

  • Built in 1978

Lot Details

  • 6,551 Sq Ft Lot
  • East Facing Home
  • Property is zoned OSSHAD

Home Design

  • Shingle Roof
  • Wood Roof

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Wood Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 6 Carport Spaces
  • Guest Parking

Community Details

  • Sundy & Cromer Amd Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616B40700170

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,359

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave East turn right on 1st Ave drive to 148 on the Right
  • Year Built: 1978
  • Architectural Style: Detached, One Story, Duplex
  • Carport Y N: Yes
  • Building Stories: 1
  • Year Built Details: Unknown
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Interior Amenities: Bedroom on Main Level, First Floor Entry, Main Level Master, Other
  • Appliances: Other
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Flooring: Wood
  • Living Area: 1100.0
  • Dining Room Type: Other

Exterior Features

  • View: Other
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Direction Faces: East
  • Property Condition: Unknown
  • Roof: Other, Shingle, Wood

Garage/Parking

  • Covered Parking Spaces: 6.0
  • Carport Spaces: 6.0
  • Garage Yn: No
  • Parking Features: Guest, Other

Utilities

  • Cooling: Other
  • Heating: Other
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks
  • Senior Community: No

Lot Info

  • Parcel #: 12434616B40700170
  • Lot Size Sq Ft: 6551.0
  • Zoning Description: OSSHAD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 5359.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Johnson Properties Of Delray Beach Llc
Bought by
130 Se 1St Llc
Current Estimated Value
$1,240,208

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Outstanding Balance
$3,887,350
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Estimated Equity
-$2,647,142

Purchase Details

Listed on
Nov 7, 2017
Closed on
Jan 5, 2018
Sold by
148 Se 1 Ave Llc
Bought by
Dehany Beach Llc
Seller's Agent
Shai Mashiach
Coldwell Banker Realty
List Price
$1,199,000
Sold Price
$740,000
Premium/Discount to List
-$459,000
-38.28%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.89%
Original Mortgage
$560,000
Interest Rate
3.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 29, 2017
Sold by
Ahmed Abu Nasir
Bought by
148 Se 1 Ave Llc
Source: Public Records

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
130 Se 1St Llc $5,750,000 None Listed On Document
Dehany Beach Llc $740,000 Attorney
148 Se 1 Ave Llc $500,000 Secure Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 130 Se 1St Llc $4,000,000
Previous Owner Dehany Beach Llc $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/12/2018 01/12/18 Sold $740,000 -38.3% $673 / Sq Ft
12/13/2017 12/13/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $1,199,000 -- $1,090 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $20,850 $1,129,163 -- --
2023 $13,023 $587,881 $710,700 $128,297
2022 $12,435 $534,437 $0 $0
2021 $10,235 $511,070 $420,000 $91,070
2020 $9,247 $441,684 $367,500 $74,184
2019 $9,016 $425,260 $350,000 $75,260
2018 $8,406 $404,257 $346,450 $57,807
2017 $5,604 $307,133 $286,322 $20,811
2016 $5,359 $215,041 $0 $0
2015 $5,083 $195,492 $0 $0
2014 $4,499 $177,720 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Shai Mashiach

    Seller's Agent in 2018

    Shai Mashiach

    Coldwell Banker Realty

    (954) 816-7070

    17 Total Sales

    Shai Mashiach
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10093127

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-B4-070-0170

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

148 SE 1st Ave, Delray Beach, FL

This home is located at 148 SE 1st Ave, Delray Beach, FL 33444 since 07 November 2017 and is currently estimated at $1,240,208, approximately $1,127 per square foot. This property was built in 1978. 148 SE 1st 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 (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 2025 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.

Nearby Homes