NOT LISTED FOR SALE

2402 Seacrest Blvd Unit Lot 2 & Lot 3 Delray Beach, FL 33444

Seacrest Neighborhood

Estimated Value: $1,756,000 - $2,152,000

0.44 Acre
$4,428,418 Price per Acre
19,166 Sq Ft Lot

Last Sold May 19, 2023

Last sale price $1,610,000

Est. 21% increase in value since last sale

Current estimated payment $12,132/month

32 Days on Market

About This Lot

As of May 2023

Incredible Redevelopment Opportunity! Two prime lots -minutes to downtown Delray & the beach! Located in the Lake Ida neighborhood. Total of .44 acres. /approx. 20,000sq.ft. The City of Delray Beach already approved dividing the lot & approved the building plans to construct two separate residential homes. (*See ATTACHED DOCUMENTS). FLU= LDR., Zoned R-1-AA, LOT #3 (corner lot) has 2 concrete structures & a pool. LOT #2 (Middle lot -facing Seacrest) is 9,300SF of Vacant Land. Total 160ft frontage X 120 ft. deep. Building plans are available along with architectural renderings, approval to build, re-addressing, elevation & survey ALL found in DOCUMENTS section of this listing. *** SEE RECENT APPRAISAL REPORT IN DOCUMENTS SECTION OF THIS LISTING.

Last Agent to Sell the Property

Samantha Johnsen

RJM Real Estate Corp. License #3302512 Listed on: 04/16/2023

Last Buyer's Agent

Jason Whalen

Douglas Elliman License #3529682

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $14,200

Year Built

  • 1956

Lot Details

  • 0.44 Acre Lot
  • Lot Dimensions are 160 x 120
  • Beach Front
  • Corner Lot
  • Interior Lot
  • Irregular Lot
  • Site Plan Filed
  • May Be Possible The Lot Can Be Split Into 2+ Parcels
  • Property is zoned R-1-AA

Property Views

  • Water
  • Garden
  • Pool

Location

  • City Lot

Schools

  • Carver; G.W. Middle School
  • Atlantic Technical High School

Community Details

  • Lake Heights Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434604130030020

Property Details

Property Type

Land

Est. Annual Taxes

$14,200

Year Built

1956

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I95 Exit Atlantic Ave in Delray Beach. East to NE 2nd Ave (aka Seacrest Blvd.). North on NE 2nd Ave. (Seacrest Blvd) to property/ lot on left side. SW Corner of Tangerine Trail. & Seacrest Blvd.
  • Special Features: VirtualTour
  • Year Built (Public Record): 1956

Exterior Features

  • View: Garden, Pool, Water
  • Lot Features: Beach Front, Corner Lot, City Lot, Interior Lot, Irregular Lot, Split Possible
  • View: Yes
  • Waterfront: No

Schools

  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434604130030020
  • Development Status: Site Plan Filed
  • Lot Size Acres: 0.44
  • Lot Size: 160 X 120
  • Lot Size Sq Ft: 20000.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 14200.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2023
Closed on
May 19, 2023
Sold by
Salazar Real Estate Llc
Bought by
Prancing Horse Estimating Inc
Seller's Agent
Samantha Johnsen
RJM Real Estate Corp.
Buyer's Agent
Jason Whalen
Douglas Elliman
List Price
$1,690,000
Sold Price
$1,610,000
Premium/Discount to List
-$80,000
-4.73%
Total Days on Market
32
Views
29
Current Estimated Value
$1,948,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,504
Avg. Annual Appreciation
9.71%
Original Mortgage
$850,000
Outstanding Balance
$238,735
Interest Rate
5.76%
Mortgage Type
New Conventional
Estimated Equity
$1,709,769

Purchase Details

Closed on
Aug 12, 2021
Sold by
Florida Land Trust Services Llc
Bought by
Salazar Real Estate Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,030,900
Interest Rate
2.9%
Mortgage Type
Construction

Purchase Details

Closed on
May 27, 2020
Sold by
Southern Engineering & Construction Llc
Bought by
Florida Land Trust Services Llc and The 1201 16Th Ave Land Trust Dated May 2

Purchase Details

Closed on
Aug 21, 2009
Sold by
Arsali Anthony A
Bought by
Southern Engineering & Construction Llc

Purchase Details

Closed on
May 5, 2008
Sold by
Southern Engineering & Construction Llc
Bought by
Flagler Trust Inc

Purchase Details

Closed on
Apr 27, 2008
Sold by
Southern Engineering & Construction Llc
Bought by
Arsali Anthony A

Purchase Details

Closed on
Apr 27, 2007
Sold by
Arsali Nicholas
Bought by
Southern Engineering & Construction Llc

Purchase Details

Closed on
Jun 14, 2004
Sold by
Otetchestvennyi Igor
Bought by
Arsali Nicholas

Purchase Details

Closed on
Jan 9, 1996
Sold by
Otetchestvennyi Igor J and Vurganov Christine
Bought by
Otetchestvennyi Igor J and Vurgnov Christine

Purchase Details

Closed on
Apr 28, 1995
Sold by
Roth Irene and Roth Dorothy
Bought by
Otetchestvennyi Igor J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,900
Interest Rate
8.35%
Mortgage Type
FHA
Source: Public Records

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Range of Values:

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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
Prancing Horse Estimating Inc $1,610,000 None Listed On Document
Salazar Real Estate Llc $900,000 None Available
Florida Land Trust Services Llc -- None Available
Southern Engineering & Construction Llc -- None Available
Flagler Trust Inc -- None Available
Arsali Anthony A -- None Available
Southern Engineering & Construction Llc -- None Available
Arsali Nicholas $100,500 --
Otetchestvennyi Igor J $100 --
Otetchestvennyi Igor J $102,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prancing Horse Estimating Inc $850,000
Previous Owner Salazar Real Estate Llc $1,030,900
Previous Owner Otetchestvennyi Igor J $101,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2023 05/19/23 Sold $1,610,000 -4.7% --
04/16/2023 04/16/23 For Sale $1,690,000 -- --
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 $21,496 $1,161,672 -- --
2023 $15,926 $788,296 $391,093 $502,480
2022 $14,200 $716,633 $0 $0
2021 $10,263 $517,220 $260,000 $257,220
2020 $9,487 $478,283 $220,000 $258,283
2019 $8,741 $434,394 $208,000 $226,394
2018 $7,789 $394,835 $202,500 $192,335
2017 $7,368 $377,701 $135,000 $242,701
2016 $6,919 $301,989 $0 $0
2015 $6,542 $274,535 $0 $0
2014 $5,806 $249,577 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10882043

BeachesMLS

APN: 12-43-46-04-13-003-0020