$2,895,000
$100K PRICE DROP

304 SE 3rd St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated payment $17,608/month

Total Views 5,244
-- Bed
-- Bath
3,028 Sq Ft
$956 Price per Sq Ft

Highlights

  • Concrete Pool
  • Pool View
  • Impact Glass
  • 14,457 Sq Ft lot
  • Porch
  • 5-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

Do not miss this opportunity to own this 4- unit income producing vacation rental in Osceola Park, 3 blocks from Johhny Brown's. A mid-century modern, remodeled, turn-key, high demand rental close to everything Delray Beach has to offer - 3-yr-old heated pool, beautifully landscaped huge yard complete with oversized pergola, outdoor dining, grills, travertine pavers, corn-hole, fire-pit, lounge spaces with umbrellas. Each 2bed/1ba unit has hurricane impact windows and doors, 2022 AC mini splits, is plumbed for individual outdoor showers, furnished, in-unit laundry, tankless H20 heater, patio space, 1 parking spot p/unit, 4 guest spots, & golf cart charging station in lot. All units share the huge breathtaking backyard for a resort-style vacation retreat. Excellent development. opportunity

Listing Agent

Sandra Amani

Coldwell Banker Realty /Delray Beach License #3456295 Listed on: 01/18/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $23,474

Year Built

  • Built in 1960

Lot Details

  • 0.33 Acre Lot
  • Lot Dimensions are 132.50 x 109.24
  • Fenced
  • Sprinkler System

Parking

  • 8 Car Garage

Home Design

  • Composition Roof

Interior Spaces

  • 3,028 Sq Ft Home
  • 1-Story Property
  • Blinds
  • Terrazzo Flooring
  • Pool Views
  • Impact Glass

Pool

  • Concrete Pool
  • Gunite Pool
  • Pool Equipment or Cover

Outdoor Features

  • Open Patio
  • Porch

Utilities

  • Heating Available

Listing and Financial Details

  • Assessor Parcel Number 12434616040960010

Community Details

Overview

  • 4 Units
  • Linns Subdivision

Building Details

  • Operating Expense $49,350
  • Net Operating Income $197,866

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$23,474

Year Built

Built in 1960

Lot Details

0

Parking

8

Listing Details

  • Prop. Type: Residential Income
  • Directions: North on Federal Highway 1, from Linton, left (west) on 3rd Ave 3 blocks to corner of 3rd St.
  • Year Built: 1960
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Private Spa: No
  • Flooring: Terrazzo
  • Living Area: 3028.0
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Fence, Porch
  • View: Pool
  • Lot Features: Sprinklers Automatic
  • Pool Features: Concrete, Gunite, Heated, Pool Equipment, Pool
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent, Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Open, Porch
  • Property Condition: Resale
  • Roof: Composition

Garage/Parking

  • Covered Parking Spaces: 8.0
  • Garage Spaces: 8.0
  • Garage Yn: Yes

Utilities

  • Cooling: Other
  • Heating: Electric, Other
  • Heating Yn: Yes
  • Utilities: Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 12434616040960010
  • Lot Size: 132.50 x 109.24
  • Lot Size Sq Ft: 14457.0
  • Zoning Description: R-1-A

Rental Info

  • Tenant Pays: Exterior Electric, Sewer, Water

Multi Family

  • Property Net Operating Income: 197866.0
  • Number Of Units Total: 4
  • Annual Operating Expense: 49350.0

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 23474.0

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

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 $23,474 $1,224,999 -- --
2023 $23,370 $1,113,635 $779,823 $592,075
2022 $19,583 $982,798 $0 $0
2021 $11,491 $672,818 $420,000 $252,818
2020 $10,456 $593,418 $405,000 $188,418
2019 $10,090 $598,268 $450,000 $148,268
2018 $8,285 $443,399 $297,942 $145,457
2017 $7,577 $381,658 $248,285 $133,373
2016 $6,788 $300,434 $0 $0
2015 $5,057 $202,958 $0 $0
2014 $4,880 $184,507 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2025 05/19/25 Price Changed $2,895,000 -3.3% $956 / Sq Ft
01/18/2025 01/18/25 For Sale $2,995,000 +149.6% $989 / Sq Ft
07/15/2021 07/15/21 Sold $1,200,000 -25.0% $385 / Sq Ft
06/15/2021 06/15/21 Pending -- -- --
06/12/2021 06/12/21 For Sale $1,600,000 -- $513 / Sq Ft
Source: BeachesMLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $1,200,000 Independence Ttl Ins Agcy In
Interfamily Deed Transfer -- Attorney
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $900,000 Commercial
Source: Public Records

Source: BeachesMLS

MLS Number: R11053801

BeachesMLS

APN: 12-43-46-16-04-096-0010

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

304 SE 3rd St, Delray Beach, FL

This home is located at 304 SE 3rd St, Delray Beach, FL 33483 and is currently priced at $2,895,000, approximately $956 per square foot. This property was built in 1960. 304 SE 3rd St is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Middle School, and Atlantic High School.

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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Listing Agent
Sandra Amani
Section Image
Coldwell Banker Realty /Delray Beach
(561) 559-8943