NOT LISTED FOR SALE

1717 NE 3rd Ave Delray Beach, FL 33444

Seacrest Neighborhood

Estimated Value: $716,000 - $1,245,000

4 Beds
4 Baths
1,964 Sq Ft
$467/Sq Ft Est. Value

Last Sold December 31, 2019

Last sale price $380,000 $193 Per Sq Ft

Est. 141% increase in value since last sale

Current estimated payment $5,537/month

38 Days on Market

Highlights

  • Water Views
  • Ceramic Tile Flooring
  • Fenced
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System

About This Home

As of December 2019

Rental Income Duplex for Sale. Fully occupied, in very good condition. Great Location Just North of Atlantic. Seperate Meter. Washer Dryer indoors for each unit. No need to share and indoor a plus. Large back yard great for animals. Central AC and the back unit also has window units for extra air conditioning.

Last Agent to Sell the Property

Lloyd Taylor

Tailored Realty LLC License #484458 Listed on: 10/23/2019

Co-Listed By

Janet Lacondrata

Tailored Realty LLC License #3084747

Last Buyer's Agent

Josh Huettl

Inactive Member License #3361369

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,800

Year Built

  • Built in 1964

Lot Details

  • 8,967 Sq Ft Lot
  • Fenced

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Ceramic Tile Flooring
  • Water Views

Schools

  • Atlantic Technical High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434609390000385

Community Details

Overview

  • 2 Units
  • Sd Of 4 46 43 In Subdivision

Building Details

  • Operating Expense $7,098
  • Net Operating Income $25,662

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,800

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: Between Atlantic Ave and Woolbright just west of Old Dixie Highway. Directly eastof Ol Plumosa Elemantary School on NE 3rd Ave.
  • Year Built: 1964
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 1964.0

Exterior Features

  • Exterior Features: Fence
  • View: Other, Water
  • Lot Features: < 1/4 Acre
  • Pool Features: None
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434609390000385
  • Lot Size Sq Ft: 8967.0
  • Zoning Description: R-1-A(12
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Water

Multi Family

  • Property Net Operating Income: 25662.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 7098.0

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 4800.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 23, 2019
Closed on
Dec 31, 2019
Sold by
Nikitine Dmitri
Bought by
Grimaldi Frederick
Seller's Agent
Lloyd Taylor
Tailored Realty LLC
Buyer's Agent
Josh Huettl
Inactive Member
List Price
$425,000
Sold Price
$380,000
Premium/Discount to List
-$45,000
-10.59%
Current Estimated Value
$916,584

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$536,584
Avg. Annual Appreciation
15.75%
Original Mortgage
$255,000
Outstanding Balance
$223,848
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$692,736

Purchase Details

Listed on
Jul 18, 2017
Closed on
Oct 4, 2017
Sold by
Srp Sub Llc
Bought by
Nikitine Dmitri
Seller's Agent
Shane Frankovic
One Sotheby's International Realty
List Price
$274,900
Sold Price
$265,000
Premium/Discount to List
-$9,900
-3.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.46%
Original Mortgage
$198,750
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2017
Bought by
Srp Sub Llc

Purchase Details

Closed on
Dec 8, 2004
Sold by
Ott Ben
Bought by
Greenman Jeff and Greenman Francine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$303,240
Interest Rate
7.13%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 25, 2003
Sold by
Mcmillan Richard and Roemmele Paul
Bought by
Ott Ben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$184,500
Interest Rate
5.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 1994
Sold by
David Albert S and David A
Bought by
David Albert S
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Grimaldi Frederick $380,000 Independence Ttl Ins Agcy In
Nikitine Dmitri $2,650,000 Hillsboreough Titl Inc
Srp Sub Llc -- --
Greenman Jeff $319,200 --
Ott Ben $205,000 Delray Title & Abstract Co
David Albert S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grimaldi Frederick $255,000
Previous Owner Nikitine Dmitri $198,750
Previous Owner Greenman Jeff $303,240
Previous Owner Ott Ben $184,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/31/2019 12/31/19 Sold $380,000 -10.6% $193 / Sq Ft
12/01/2019 12/01/19 Pending -- -- --
10/23/2019 10/23/19 For Sale $425,000 0.0% $216 / Sq Ft
01/08/2018 01/08/18 Rented $1,340 -18.3% --
12/09/2017 12/09/17 Under Contract -- -- --
10/14/2017 10/14/17 For Rent $1,640 0.0% --
10/05/2017 10/05/17 Sold $265,000 -3.6% $135 / Sq Ft View Prior Sale
08/01/2017 08/01/17 Pending -- -- --
07/17/2017 07/17/17 For Sale $274,900 0.0% $140 / Sq Ft
09/05/2014 09/05/14 Rented $975 -11.4% --
08/06/2014 08/06/14 Under Contract -- -- --
03/07/2014 03/07/14 For Rent $1,100 -- --
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
2025 $8,932 $452,169 -- --
2024 $8,932 $411,063 -- --
2023 $8,592 $373,694 $215,039 $346,950
2022 $7,532 $339,722 $0 $0
2021 $6,653 $335,086 $143,000 $192,086
2020 $5,955 $280,762 $121,000 $159,762
2019 $5,568 $277,093 $115,500 $161,593
2018 $4,800 $226,085 $111,041 $115,044
2017 $3,804 $218,256 $74,027 $144,229
2016 $3,582 $137,224 $0 $0
2015 $2,975 $124,749 $0 $0
2014 $3,017 $124,547 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2019

    Lloyd Taylor

    Tailored Realty LLC

    (561) 296-5000

    29 Total Sales

    Lloyd Taylor
    Section Image

  • J

    Seller Co-Listing Agent in 2019

    Janet Lacondrata

    Tailored Realty LLC

    (561) 255-4669

    27 Total Sales

    Janet Lacondrata
    Section Image

  • J

    Buyer's Agent in 2019

    Josh Huettl

    Inactive Member

  • Lilia Vishnyakova

    Seller's Agent in 2018

    Lilia Vishnyakova

    Atlantic Florida Properties Inc

    (561) 414-6891

    4 Total Sales

    Lilia Vishnyakova
    Section Image
  • Shane Frankovic

    Seller's Agent in 2017

    Shane Frankovic

    One Sotheby's International Realty

    (954) 780-8225

    233 Total Sales

    Shane Frankovic
    Section Image

  • P

    Seller's Agent in 2014

    Patrick Couchman

    Boca4

    (561) 674-7253

    9 Total Sales

    Patrick Couchman
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10572231

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-39-000-0385

Florida Palm Beach County Delray Beach 33444 Seacrest

1717 NE 3rd Ave, Delray Beach, FL

Not Listed for Sale

MultiFamily

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