NOT LISTED FOR SALE

2955 Florida Blvd Unit A & B Delray Beach, FL 33483

Tropic Isle Neighborhood

Estimated Value: $1,436,000 - $1,764,000

-- Bed
4 Baths
3,000 Sq Ft
$550/Sq Ft Est. Value

Last Sold May 01, 2020

Last sale price $775,000 $258 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $10,212/month

127 Days on Market

Highlights

  • Gunite Pool
  • Fruit Trees
  • Corner Lot
  • Boca Raton Community Middle School Rated A-
  • Garden View
  • Patio

About This Home

As of May 2020

A gem that can be rented the maximum of any dwellings in Delray due to RM zoning with NO HOA or townhouse rules.'' Perfect for snowbirds who want to enjoy a private resort in season and get rent from both units the rest of year. Also owner believes it could be subdivided and sold as two townhomes or combine units and add second story for 6000 sq ft mansion w/water view. Gross income for 2019 is appx. $96,000. The ''A'' unit is a 3/2 with a one car garage. All updated inside, this unit feels more like a large beach cottage, complete with fenced backyard & screen enclosed patio. Excellent place for children or pets. Coastal style kitchen., white cabinets, stainless appliances & quartz countertops. The master bedroom/bath is generous in size with a large walk-in closet.

Last Agent to Sell the Property

Anthony Petrolia

RE/MAX Services License #SL-0518238 Listed on: 11/26/2019

RE/MAX Services

Last Buyer's Agent

Isabel Durney

Delray Beach SS Realty License #3286613

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,305

Year Built

  • Built in 1981

Lot Details

  • 0.27 Acre Lot
  • Fenced
  • Corner Lot
  • Fruit Trees

Parking

  • 2 Car Garage

Property Views

  • Garden
  • Pool

Home Design

  • Duplex
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,000 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Blinds
  • Ceramic Tile Flooring

Outdoor Features

  • Gunite Pool
  • Patio

Schools

  • Boca Raton Community High School

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Community Details

  • 2 Units
  • Tropic Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434628030004130

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,305

Year Built

Built in 1981

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: FEDERAL HIGHWAY TO AVE L, EAST TO FLORIDA BLVD. LEFT TO PROPERTY ON THE RIGHT. CORNER OF FLORIDA BLVD AND IRIS DR.
  • Year Built: 1981
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Ceramic Tile
  • Living Area: 3000.0
  • Window Features: Blinds

Exterior Features

  • Exterior Features: Fence, Fruit Trees, Patio
  • View: Garden, Pool
  • Lot Features: Corner Lot
  • Pool Features: Gunite, Heated, Pool
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

  • 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

  • Senior Community: No
  • Association Fee Frequency: Monthly

Schools

  • High School: Boca Raton Community

Lot Info

  • Parcel #: 12434628030004130
  • Lot Size: 107.0 ft x 0.0 ft
  • Lot Size Sq Ft: 11787.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 10305.0

Multi Family

  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2019
Closed on
May 1, 2020
Sold by
Howell Joy
Bought by
Durney Martin
Seller's Agent
Anthony Petrolia
RE/MAX Services
Buyer's Agent
Isabel Durney
Delray Beach SS Realty
List Price
$795,000
Sold Price
$775,000
Premium/Discount to List
-$20,000
-2.52%
Current Estimated Value
$1,648,547

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$873,547
Avg. Annual Appreciation
14.65%
Original Mortgage
$581,250
Outstanding Balance
$516,987
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$1,131,560

Purchase Details

Listed on
Sep 30, 2016
Closed on
Nov 30, 2016
Sold by
2955 Fl Blvd Llc
Bought by
Howell Joy
Seller's Agent
Robert Layer
United Realty Group, Inc
Buyer's Agent
Robert Layer
United Realty Group, Inc
List Price
$525,000
Sold Price
$525,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.10%
Original Mortgage
$378,750
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2015
Sold by
Green Sandra G
Bought by
2955 Fl Blvd Llc

Purchase Details

Closed on
Jan 15, 2014
Sold by
Green Sandra Gene
Bought by
Green Sandra G

Purchase Details

Closed on
Jan 30, 2002
Sold by
Rubino Vincent T
Bought by
Green Richard D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,500
Interest Rate
7.14%
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 Buyer Sale Price Title Company
Durney Martin $775,000 Corporate Title Inc
Howell Joy $525,000 Attorney
2955 Fl Blvd Llc $395,000 Attorney
Green Sandra G -- Attorney
Green Richard D $310,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Durney Martin $581,250
Previous Owner Howell Joy $378,750
Previous Owner Green Richard D $232,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/01/2020 05/01/20 Sold $775,000 -2.5% $258 / Sq Ft
04/01/2020 04/01/20 Pending -- -- --
11/25/2019 11/25/19 For Sale $795,000 +51.4% $265 / Sq Ft
12/02/2016 12/02/16 Sold $525,000 0.0% $188 / Sq Ft View Prior Sale
11/02/2016 11/02/16 Pending -- -- --
09/30/2016 09/30/16 For Sale $525,000 -- $188 / Sq Ft
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 $18,992 $769,156 -- --
2023 $18,095 $721,416 $0 $0
2022 $17,090 $677,370 $0 $0
2021 $16,648 $636,700 $225,000 $411,700
2020 $11,249 $547,549 $199,800 $347,749
2019 $10,307 $488,676 $190,800 $297,876
2018 $9,176 $440,178 $179,464 $260,714
2017 $8,692 $407,871 $163,149 $244,722
2016 $8,355 $380,483 $0 $0
2015 $8,319 $366,083 $0 $0
2014 -- $271,989 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Anthony Petrolia

    Seller's Agent in 2020

    Anthony Petrolia

    RE/MAX

    (561) 702-5255

    1 in this area

    89 Total Sales

    Anthony Petrolia
    Section Image

  • I

    Buyer's Agent in 2020

    Isabel Durney

    Delray Beach SS Realty

    (561) 577-7217

    1 Total Sale

    Isabel Durney
    Section Image
  • Robert Layer

    Seller's Agent in 2016

    Robert Layer

    United Realty Group, Inc

    (561) 929-5672

    39 Total Sales

    Robert Layer
    Section Image
  • Reina Carioti

    Buyer Co-Listing Agent in 2016

    Reina Carioti

    Compass Florida LLC

    (561) 401-0722

    1 in this area

    41 Total Sales

    Reina Carioti
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10580895

BeachesMLS

APN: 12-43-46-28-03-000-4130

Florida Palm Beach County Delray Beach 33483 Tropic Isle

2955 Florida Blvd Unit A & B, Delray Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

BeachesMLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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