$192,000
SOLD MAY 11, 2023

1825 Palm Cove Blvd Unit 7102 Delray Beach, FL 33445

1 Bed
1 Bath
672 Sq Ft
$368/mo HOA Fee

Recently Sold

$286 Per Sq Ft

4% Below List Price

35 Days on Market

Highlights

  • Gated Community
  • Community Pool
  • Walk-In Closet
  • Garden View
  • Tennis Courts
  • Patio

About This Home

As of May 2023

Excellent investment opportunity! First-floor corner unit in the gated community of Verano, in Delray Beach. This home has one spacious bedroom, ample closets, and stainless steel appliances - a new stove, dishwasher, and water heater. For your convenience, the washer and dryer are inside the unit. The unit is currently rented for $1,800 until 3/18/2024. Large screened porch! The community offers resort-like amenities such as a pool, jacuzzi/spa, fitness center, Clubhouse, Tennis, Basketball, Volleyball Courts, tot lot, car wash area, lakes, & more. Centrally located close to shopping, entertainment, dining, I95 exit, train station, a short drive o Brighline Boca Station, a short drive to Atlantic Avenue, and the Beach! The association requires a credit score above 600 for tenants.

Last Agent to Sell the Property

Patricia Tracey

A R E A Arise Real Estate Advisors License #352656 Listed on: 04/05/2023

Last Buyer's Agent

Elena Fleck

Redfin Corporation License #3103286

Redfin Corporation

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,488

Year Built

  • Built in 1992

HOA Fees

  • $368 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 672 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Ceramic Tile Flooring
  • Garden Views
  • Security Gate
  • Washer and Dryer

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom

Parking

  • Guest Parking
  • On-Street Parking
  • Assigned Parking

Outdoor Features

  • Patio

Schools

  • Opa Locka Elementary School
  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434630400071020

Community Details

Overview

  • Association fees include management, insurance, reserve fund, water
  • Verano At Delray Condo Subdivision

Recreation

  • Tennis Courts
  • Community Pool

Security

  • Resident Manager or Management On Site
  • Card or Code Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$2,488

Year Built

Built in 1992

Lot Details

0

HOA Fees

$368 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: 95 West on Linton Past Homewood-Verano on Left
  • Year Built: 1992
  • Entry Level: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 672.0
  • Stories: 1

Exterior Features

  • Exterior Features: Patio
  • View: Garden
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Guest, On Street

Utilities

  • Security: Security Gate, Key Card Entry
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 368.0
  • Community Features: Gated, Property Manager On-Site, Pool, Street Lights, Sidewalks, Tennis Court(s)
  • Senior Community: No
  • Amenities: Management, Pool, Tennis Court(s)
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Association Management, Insurance, Reserve Fund, Water

Schools

  • Elementary School: Opa Locka
  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434630400071020
  • Zoning Description: PRD(ci

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 2488.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 5, 2023
Closed on
May 11, 2023
Sold by
Real Estate Education And Community Hous
Bought by
Michaelhouse Projects Llc
Seller's Agent
Patricia Tracey
A R E A Arise Real Estate Advisors
Buyer's Agent
Elena Fleck
Redfin Corporation
List Price
$199,000
Sold Price
$192,000
Premium/Discount to List
-$7,000
-3.52%
Views
107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.36%

Purchase Details

Listed on
Mar 8, 2022
Closed on
Apr 25, 2022
Sold by
Guardian Financial Network Llc
Bought by
Real Estate Education And Community Housing I
Seller's Agent
Patricia Tracey
A R E A Arise Real Estate Advisors
Buyer's Agent
Patricia Tracey
A R E A Arise Real Estate Advisors
List Price
$179,500
Sold Price
$178,000
Premium/Discount to List
-$1,500
-0.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.55%
Original Mortgage
$142,400
Interest Rate
5.11%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 8, 2019
Sold by
Real Estate Education And Community Hous
Bought by
Guardian Financial Network Llc

Purchase Details

Closed on
Mar 12, 2012
Sold by
Jpmc Specialty Mortgage Llc
Bought by
Real Estate Education & Community Housin

Purchase Details

Closed on
Mar 10, 2011
Sold by
Cordova Lillian A and Crosswinds Of Delray Associati
Bought by
Jpmc Speciality Mortgage Llc

Purchase Details

Closed on
Jul 29, 2005
Sold by
Rak Lp
Bought by
Cordova Lillian A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,020
Interest Rate
6.92%
Mortgage Type
Fannie Mae Freddie Mac
Source: Public Records

Range of Values:

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Average Value
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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 Type Sale Price Title Company
Warranty Deed $192,000 Southeast Title Agency
Warranty Deed $192,000 Southeast Title Agency
Warranty Deed $178,000 Southeast Title Agency
Quit Claim Deed -- None Available
Corporate Deed -- Stewart Title Company
Trustee Deed $5,200 None Available
Special Warranty Deed $177,800 Heritage Title Ins Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $142,400 New Conventional
Previous Owner $160,020 Fannie Mae Freddie Mac
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/22/2025 08/22/25 For Sale $200,000 0.0% $298 / Sq Ft
09/29/2024 09/29/24 Rented $1,690 0.0% --
09/08/2024 09/08/24 For Rent $1,690 0.0% --
05/11/2023 05/11/23 Sold $192,000 -3.5% $286 / Sq Ft
04/05/2023 04/05/23 For Sale $199,000 0.0% $296 / Sq Ft
03/20/2023 03/20/23 Rented $1,800 0.0% --
02/15/2023 02/15/23 For Rent $1,800 0.0% --
04/25/2022 04/25/22 Sold $178,000 -0.8% $265 / Sq Ft View Prior Sale
03/26/2022 03/26/22 Pending -- -- --
03/08/2022 03/08/22 For Sale $179,500 0.0% $267 / Sq Ft
01/25/2021 01/25/21 Rented $1,375 0.0% --
12/26/2020 12/26/20 Under Contract -- -- --
09/22/2020 09/22/20 For Rent $1,375 +19.6% --
12/01/2016 12/01/16 Rented $1,150 0.0% --
11/01/2016 11/01/16 Under Contract -- -- --
10/14/2016 10/14/16 For Rent $1,150 +15.0% --
08/01/2015 08/01/15 Rented $1,000 0.0% --
07/02/2015 07/02/15 Under Contract -- -- --
07/01/2015 07/01/15 For Rent $1,000 -13.0% --
06/13/2014 06/13/14 Rented $1,150 -8.0% --
05/14/2014 05/14/14 Under Contract -- -- --
03/21/2014 03/21/14 For Rent $1,250 +38.9% --
08/17/2012 08/17/12 Rented $900 0.0% --
07/18/2012 07/18/12 Under Contract -- -- --
07/07/2012 07/07/12 For Rent $900 -- --
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 $3,395 $176,000 -- --
2023 $3,214 $160,000 $0 $160,000
2022 $2,488 $113,300 $0 $0
2021 $2,243 $103,000 $0 $103,000
2020 $2,077 $94,000 $0 $94,000
2019 $1,940 $91,500 $0 $91,500
2018 $1,776 $88,500 $0 $88,500
2017 $1,622 $75,000 $0 $0
2016 $1,532 $62,557 $0 $0
2015 $1,460 $56,870 $0 $0
2014 $1,315 $51,700 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10879307

BeachesMLS

APN: 12-43-46-30-40-007-1020