NOT LISTED FOR SALE

Estimated Value: $1,048,712

5 Beds
3 Baths
2,426 Sq Ft
$432/Sq Ft Est. Value

Sale Details

Date Sold: June 29, 2023

Last sale price $1,350,000 $556 Per Sq Ft

Est. 22% decrease in value since last sale

Current estimated payment $7,411 / mo

19 Days on Market

Highlights

  • Room in yard for a pool
  • Complete Panel Shutters or Awnings
  • Community Barbecue Grill
  • No HOA
  • Patio
  • Shed

About This Home

As of June 2023

This spectacular investment property is a rare find, located in one of the most desirable areas of Delray Beach. Nestled in a charming community within walking distance to Pineapple Grove, vibrant Atlantic Ave, and miles of award-winning beaches, this triplex offers an unbeatable location and endless opportunities. The property has been completely renovated and updated, offering two spacious 2 bedroom, 1 bathroom units, and a cozy 1 bedroom, 1 bathroom unit. Each unit boasts stylish finishes, modern appliances, and provides a comfortable and inviting atmosphere for tenants. This triplex is a true gem, perfect for investors looking for a low-maintenance property that generates steady rental income. With its prime location and updated features, this property is sure to attract tenants year-round, making it a wise investment for any real estate portfolio. Don't miss out on this rare opportunity to own a triplex in one of the most sought-after areas of Delray Beach!

Last Buyer's Agent

Antony Kritharis

Illustrated Properties License #3283059

Illustrated Properties
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $17,244

Year Built

  • Built in 1956

Lot Details

  • 12,669 Sq Ft Lot
  • Fenced

Parking

  • Parking Available

Home Design

  • Triplex
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3 Bathrooms
  • 2,426 Sq Ft Home
  • Property has 1 Level
  • Ceiling Fan
  • Vertical Blinds
  • Tile Flooring
  • Complete Panel Shutters or Awnings

Kitchen

  • Microwave
  • Dishwasher

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Room in yard for a pool
  • Patio
  • Shed
  • Storage Shed

Utilities

  • Cooling System Utilizes Bottled Gas
  • Central Heating and Cooling System
  • Three-Phase Power

Listing and Financial Details

  • Total Actual Rent $99,600
  • Tenant pays for sewer, water
  • Assessor Parcel Number 12434608060000420

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Chevy Chase Subdivision

Amenities

  • Community Barbecue Grill
  • Picnic Area

Recreation

  • Bike Trail

Building Details

  • Gross Income $99,600
  • Net Operating Income $93,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$17,244

Year Built

Built in 1956

Lot Details

0.29 Acres

Listing Details

  • Property Type: Residential Income
  • Year Built: 1956
  • Property Sub Type: Triplex
  • Directions: Take Swinton Ave to NW 5th Ave, take a left onto Aylesbury Rd, continue onto Beverly Rd
  • Horses: No
  • Unit Levels: 1
  • Lot Size Acres: 0.29
  • New Construction: No
  • Building Stories: 1
  • Structure Type: Triplex
  • Subdivision Name: CHEVY CHASE
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: No
  • Attribution Contact: 772-618-3507
  • LastStatus: Pending
  • CurrentPrice: 1350000
  • UnitTypeDescription: Kitchen
  • UnitTypeDescription: Kitchen
  • UnitTypeDescription: Kitchen
  • MIAMIRE_Equipment: Air Conditioning Unit, Dishwasher, Dryer, Microwave, Refrigerator, Washer
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2426
  • Stories: 1
  • Window Features: Complete Panel Shutters/Awnings, Blinds, Verticals
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No
  • MIAMIRE_FurnishedYN: No

Exterior Features

  • Roof: Concrete
  • Exterior Features: Fruit Trees, Room For Pool
  • Construction Type: CBS Construction
  • Fencing: Fenced
  • Lot Features: 1/4 To Less Than 1/2 Acre Lot, Fenced
  • Other Structures: Extra Building/Shed, Shed(s), Storage Shed
  • Patio And Porch Features: Patio, Screened Porch
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space
  • MIAMIRE_Parking: Space

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Bottled Gas, Room For Pool
  • Cooling: Ceiling Fan(s), Central Air
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available
  • Gas Company: Bottle Gas

Condo/Co-op/Association

  • Amenities: Bike/Jog Path, Barbecue
  • Association: No
  • Community Features: Picnic Area

Lot Info

  • Parcel Number: 12434608060000420
  • Lot Size Sq Ft: 12669
  • Zoning: R-1-AA

Rental Info

  • Tenant Pays: Sewer, Water

Multi Family

  • Net Operating Income: 93000
  • Annual Gross Income: 99600
  • Number Of Units In Community: 3
  • Number Of Units Total: 3
  • Total Actual Rent: 99600

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 17244

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
May 11, 2023
Closed on
Jun 27, 2023
Sold by
Bought by
Buyer's Agent
Antony Kritharis
Illustrated Properties
List Price
$1,595,000
Sold Price
$1,350,000
Premium/Discount to List
-$245,000
-15.36%
Current Estimated Value
$1,048,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$301,288
Avg. Annual Appreciation
-7.80%

Purchase Details

Listed on
Nov 9, 2021
Closed on
Oct 22, 2021
Sold by
Bought by
Seller's Agent
Justin Himmelbaum
Keller Williams Realty Boca Raton
Buyer's Agent
Robert MacKinnon
EXP Realty LLC
Sold Price
$3,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$664,000
Interest Rate
3.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 21, 2019
Sold by
Bought by

Purchase Details

Listed on
Mar 26, 2018
Closed on
May 15, 2018
Sold by
Bought by
Seller's Agent
Igor Golebiowski
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Danny Weissing
Waterfront Properties & Club C
Sold Price
$1,800

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 27, 2017
Closed on
Nov 8, 2017
Sold by
Bought by
Seller's Agent
Brian Clark Boles
RE/MAX Services
Buyer's Agent
Steve Martel
Coldwell Banker Realty /Delray Beach
List Price
$599,900
Sold Price
$600,000
Premium/Discount to List
$100
0.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.59%

Purchase Details

Closed on
Jul 12, 2010
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
$154,000
Interest Rate
4.79%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 26, 2007
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
$368,000
Interest Rate
6.16%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 2, 2004
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
$332,000
Interest Rate
6.22%
Mortgage Type
Unknown

Purchase Details

Closed on
Apr 9, 1998
Sold by
Bought by

Purchase Details

Closed on
Jul 21, 1995
Sold by
Bought by

Purchase Details

Closed on
Jan 25, 1994
Sold by
Bought by

Purchase Details

Closed on
Jun 8, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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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
$1,350,000 Delray Title & Abstract
$830,000 Independence Ttl Ins Agcy In
$697,000 Independence Ttl Ins Agcy In
-- Independence Title Insurance
$600,000 Corporate Title Inc
$220,000 Attorney
$460,000 Attorney
$415,000 Patch Reef Title Company Inc
$100 --
$134,000 --
-- --
$112,000 --
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
Previous Owner $664,000
Previous Owner $400,000
Previous Owner $154,000
Previous Owner $368,000
Previous Owner $92,000
Previous Owner $332,000
Previous Owner $277,500
Previous Owner $50,000
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
06/29/2023 06/29/23 Sold $1,350,000 -15.4% $556 / Sq Ft
05/30/2023 05/30/23 Pending -- -- --
05/11/2023 05/11/23 For Sale $1,595,000 0.0% $657 / Sq Ft
08/14/2022 08/14/22 For Rent $1,900 0.0% --
08/14/2022 08/14/22 Rented $1,900 -36.7% --
12/17/2021 12/17/21 Rented $3,000 -14.3% --
11/17/2021 11/17/21 Under Contract -- -- --
11/09/2021 11/09/21 For Rent $3,500 +79.5% --
01/18/2019 01/18/19 For Rent $1,950 0.0% --
01/18/2019 01/18/19 Rented $1,950 0.0% --
03/26/2018 03/26/18 For Rent $1,950 +8.3% --
03/26/2018 03/26/18 Rented $1,800 0.0% --
11/08/2017 11/08/17 Sold $600,000 0.0% $247 / Sq Ft View Prior Sale
10/09/2017 10/09/17 Pending -- -- --
09/27/2017 09/27/17 For Sale $599,900 -- $247 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $19,768 $1,123,798
2024 $19,768 $1,069,683
2023 $19,069 $958,730 $819,940 $234,835
2022 $17,245 $871,573 $0 $0
2021 $12,673 $615,010 $440,000 $175,010
2020 $12,318 $592,295 $420,000 $172,295
2019 $12,604 $599,343 $400,000 $199,343
2018 $10,507 $508,290 $371,717 $136,573
2017 $9,162 $510,380 $371,717 $138,663
2016 $8,583 $358,705 $0 $0
2015 $7,965 $326,095 $0 $0
2014 -- $296,450 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10888961

MIAMI REALTORS® MLS

APN: 12-43-46-08-06-000-0420

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