NOT LISTED FOR SALE

Estimated Value: $1,640,512

2 Beds
1.5 Baths
1,048 Sq Ft
$1,565/Sq Ft Est. Value

Last Sold March 17, 2016

Last sale price $665,000 $635 Per Sq Ft

Est. 147% increase in value since last sale

Current estimated payment $9,951/month

Highlights

  • Wood Flooring
  • Cooling Available
  • Central Heating
  • Garden View
  • Outdoor Shower
  • West Facing Home

About This Home

As of November 2024

Head into this beautifully updated cottage, nestled in Delray's Historic District on Bankers Row. Just two blocks from Atlantic Avenue and moments from the vibrant Pineapple Grove, this prime location perfectly combines charm and convenience. Zoned for commercial use (OSSHAD), it's ideal for a variety of professional businesses. The single-level layout features a welcoming reception area, two private executive offices, and a spacious open workspace or conference area, which can be divided into 4-5 cubicles to suit your team's needs. An additional two-person workstation and a functional galley kitchen add to the office's convenience. The space is bright and inviting, with vaulted ceilings, gleaming wood floors, and hurricane-impact windows and doors. Employees will love the expansive backyard, perfect for relaxing during breaks, while the covered back patio is ideal for outdoor meetings or coffee breaks. With four private off-street parking spaces and ample on-street parking, convenient access is always guaranteed. Located just steps from popular restaurants and after-work entertainment, this property offers more than just a place to workit's a lifestyle. Furnishings are negotiable with the current tenant. Call today to make this exceptional office space yours!

Last Agent to Rent the Property

Anneliese Schwyter

Coldwell Banker Realty /Delray Beach License #3328913 Listed on: 10/10/2024

Coldwell Banker Realty /Delray Beach

Last Renter's Agent

Anneliese Schwyter

Coldwell Banker Realty /Delray Beach License #3328913 Listed on: 10/10/2024

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Garden Views
  • Fire and Smoke Detector
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Parking

  • 2 Open Parking Spaces
  • 4 Carport Spaces
  • Deeded Parking

Utilities

  • Cooling Available
  • Central Heating

Additional Features

  • Outdoor Shower
  • West Facing Home

Community Details

  • Delray Town Subdivision

Listing and Financial Details

  • Security Deposit $10,000
  • Property Available on 11/1/24
  • Assessor Parcel Number 12434616010740071

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0 Sq Ft Lot

Rental Info

  • Tenant Pays: Electricity, Water
  • Available Date: 2024-11-01
  • Security Deposit: 10000.0

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Historic District of Downtown Delray Beach. Located on Bankers Row, two blocks North of Atlantic Avenue. NE 1st Avenue between NE 2nd and NE 3rd Street.
  • Year Built: 1938
  • Carport Y N: Yes
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Cathedral Ceiling(s), None, Storage
  • Main Level Bedrooms: 2
  • Furnished: Unfurnished
  • Appliances: Microwave, Refrigerator
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Location: Entry Level Living Area Y
  • Flooring: Wood
  • Living Area: 1048.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area, Outdoor Shower
  • View: Garden
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Direction Faces: West
  • Other Structures: Guest House

Garage/Parking

  • Open Parking Spaces: 2.0
  • Carport Spaces: 4.0
  • Garage Yn: No
  • Parking Features: Deeded

Utilities

  • Security: Security System Owned, Smoke Detector(s)
  • Cooling: Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Parcel #: 12434616010740071
  • Land Lease Amount Frequency: Monthly
  • Mobile Dim Units: Feet

Multi Family

  • Number Of Units In Community: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 22, 2024
Sold by
Schwyter Anna Elisabeth
Bought by
219 Ne 1St Avenue Llc
Current Estimated Value
$1,640,512

Purchase Details

Listed on
Jan 22, 2016
Closed on
Mar 17, 2016
Sold by
Little Yellow House Llc
Bought by
Schwyter Elisabeth
Seller's Agent
Scott Pressman
The Keyes Company
Buyer's Agent
Peggy Doepper
Margaret Doepper
List Price
$689,000
Sold Price
$665,000
Premium/Discount to List
-$24,000
-3.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.44%

Purchase Details

Closed on
Aug 27, 2015
Sold by
P & R Partners Llc
Bought by
Little Yellow House Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
4.16%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Aug 29, 2007
Sold by
Neela Properties Llc
Bought by
P & R Partners Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$531,250
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 28, 2006
Sold by
Florence Marble Inc
Bought by
Neela Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$625,000
Interest Rate
6.52%
Mortgage Type
Commercial

Purchase Details

Closed on
May 10, 2006
Sold by
Barry & Thomas Properties Llc
Bought by
Florence Marble Nc

Purchase Details

Closed on
Dec 4, 2000
Sold by
Gabay Silberstein Architects Inc
Bought by
Thomas Properties Barry and Thomas Properties Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.75%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Aug 13, 1999
Sold by
Approved Properties Inc
Bought by
Silberstein Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,400
Interest Rate
7.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 30, 1999
Sold by
Clerk Of The Court
Bought by
Approved Properties Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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 Buyer Sale Price Title Company
219 Ne 1St Avenue Llc -- None Listed On Document
Schwyter Elisabeth $665,000 Columbia Title Services Inc
Little Yellow House Llc $525,000 Attorney
P & R Partners Llc $645,000 Trademark Title Inc
Neela Properties Llc $625,000 Jupiter Land Title Co
Florence Marble Nc $525,000 None Available
Thomas Properties Barry $350,000 --
Silberstein Jeffrey $113,000 --
Approved Properties Inc $42,700 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Little Yellow House Llc $420,000
Previous Owner P & R Partners Llc $531,250
Previous Owner Neela Properties Llc $625,000
Previous Owner Approved Properties Inc $280,000
Previous Owner Approved Properties Inc $280,000
Previous Owner Approved Properties Inc $90,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/01/2024 11/01/24 Rented $6,460 -7.1% --
10/10/2024 10/10/24 For Rent $6,950 0.0% --
03/17/2016 03/17/16 Sold $665,000 -3.5% $635 / Sq Ft View Prior Sale
02/16/2016 02/16/16 Pending -- -- --
01/22/2016 01/22/16 For Sale $689,000 -- $657 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $16,983 $1,178,259 -- --
2024 $16,983 $804,657 -- --
2023 $16,202 $731,506 -- --
2022 $15,464 $665,005 -- --
Source: Public Records

Agents Affiliated with this Home

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Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11027645

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-01-074-0071

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