NOT LISTED FOR SALE

Estimated Value: $3,070,812 - $4,489,000

Studio
2 Baths
1,672 Sq Ft
$2,120/Sq Ft Est. Value

Sale Details

Date Sold: January 3, 2018

Last sale price $940,000 $562 Per Sq Ft

Est. 277% increase in value since last sale

Current estimated payment $22,463 / mo

121 Days on Market

Highlights

  • Outdoor Living Area
  • Shuffleboard Court
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Porch
  • Patio

About This Home

As of January 2018

A Rare Find! Downtown Delray Quadplex, 1.5 blocks south of the Avenue! Four Rented units consist of: 1~ 1 Bedroom unit & 3~ Efficiency Units, 1672 SqFt, all share a HUGE Tropical Courtyard Entrance, which offers shuffle board, Patio & BBQ Area! Currently Zoned Commercial CBD. This Location offers Tons of Possibilities for future building, of Business, Restaurant, etc! PLS DO NOT DISTURB THE TENANTS!! CALL for Info/ See Attachments

Last Agent to Sell the Property

Jerilyn Walter

Premier Estate Properties, Inc License #694661 Listed on: 07/14/2017

Premier Estate Properties, Inc

Co-Listed By

Gregory Williams

Beachfront Properties Real Estate LLC License #3387831

Last Buyer's Agent

Jack Hinkel

Steadfast Realty LLC License #3303688

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,286

Year Built

  • Built in 1955

Lot Details

  • 7,626 Sq Ft Lot
  • Lot Dimensions are 60x125
  • Fenced

Home Design

  • Quadruplex
  • Concrete Roof

Interior Spaces

  • 2 Bathrooms
  • 1,672 Sq Ft Home
  • 1-Story Property

Flooring

  • Terrazzo
  • Ceramic Tile

Outdoor Features

  • Patio
  • Outdoor Living Area
  • Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 12434616011100070

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Town Of Delray Subdivision

Amenities

  • Picnic Area

Recreation

  • Shuffleboard Court

Building Details

  • Gross Income $50,100
  • Net Operating Income $32,815

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,286

Year Built

Built in 1955

Lot Details

7,626 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: 1.5 Blocks south of Atlantic Ave on East side of S Federal HWY TO BE SOLD TOGETHER WITH 173 SE 5TH AVENUE DELRAY BEACH FL LISTING # RX-10350926
  • Year Built: 1955
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile, Terrazzo
  • Living Area: 1672.0

Exterior Features

  • Exterior Features: Outdoor Living Area
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio, Porch
  • Property Condition: Resale
  • Roof: Concrete

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Picnic Area, Shuffleboard Court, Sidewalks
  • Association: No

Lot Info

  • Parcel #: 12434616011100070
  • Lot Size Acres: 0.18
  • Lot Size: 60X125
  • Mobile Dim Units: Feet
  • Zoning: CBD(ci

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 32815.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 50100.0

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 14285.8

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

Closed on
May 12, 2021
Sold by
Bought by
Current Estimated Value
$3,545,271

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Outstanding Balance
$876,041
Interest Rate
3.1%
Mortgage Type
Commercial
Estimated Equity
$2,669,230

Purchase Details

Listed on
Jul 14, 2017
Closed on
Feb 6, 2018
Sold by
Bought by
Seller's Agent
Jerilyn Walter
Premier Estate Properties, Inc
Buyer's Agent
Jack Hinkel
Steadfast Realty LLC
List Price
$2,400,000
Sold Price
$940,000
Premium/Discount to List
-$1,460,000
-60.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.99%

Purchase Details

Listed on
Jul 14, 2017
Closed on
Dec 29, 2017
Sold by
Bought by
Seller's Agent
Jerilyn Walter
Premier Estate Properties, Inc
Buyer's Agent
Jack Hinkel
Steadfast Realty LLC
List Price
$2,400,000
Sold Price
$940,000
Premium/Discount to List
-$1,460,000
-60.83%

Purchase Details

Listed on
Sep 5, 2015
Closed on
Sep 23, 2015
Sold by
Bought by
Seller's Agent
Shirley Segura
RE/MAX Direct
Buyer's Agent
Jerilyn Walter
Premier Estate Properties, Inc
List Price
$625,000
Sold Price
$624,000
Premium/Discount to List
-$1,000
-0.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.69%

Purchase Details

Closed on
Jun 10, 2015
Sold by
Bought by

Purchase Details

Closed on
Dec 16, 2014
Sold by
Bought by

Purchase Details

Closed on
Jun 25, 2014
Sold by
Bought by

Purchase Details

Closed on
Oct 15, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$380,000
Interest Rate
6%
Mortgage Type
Unknown
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
$2,375,000 Mellinger Title Services Llc
$2,375,000 Mellinger Title Services
-- Attorney
$1,880,000 Attorney
$624,000 Attorney
$405,000 Attorney
-- None Available
-- Attorney
$475,000 --
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 $975,000
Closed $975,000
Previous Owner $380,000
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 Prior Sale
01/03/2018 01/03/18 Sold $940,000 -60.8% $562 / Sq Ft
12/04/2017 12/04/17 Pending -- -- --
07/14/2017 07/14/17 For Sale $2,400,000 +284.6% $1,435 / Sq Ft
09/25/2015 09/25/15 Sold $624,000 -0.2% $373 / Sq Ft View Prior Sale
09/04/2015 09/04/15 For Sale $625,000 -- $374 / 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 $41,109 $2,069,768 -- --
2024 $41,109 $2,071,998 -- --
2023 $42,572 $2,074,381 -- --
2022 $40,597 $1,933,839 $0 $0
2021 $35,842 $1,646,905 $1,414,258 $232,647
2020 $35,436 $1,614,533 $1,414,258 $200,275
2019 $34,461 $1,551,155 $1,346,840 $204,315
2018 $15,850 $726,030 $653,777 $72,253
2017 $15,328 $694,901 $622,648 $72,253
2016 $14,286 $622,549 $0 $0
2015 $10,195 $412,286 $0 $0
2014 $9,383 $374,805 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10350718

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-01-110-0070

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