NOT LISTED FOR SALE

311 SE 3rd Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $1,288,518 - $1,472,000

4 Beds
3 Baths
2,113 Sq Ft
$667/Sq Ft Est. Value

Last Sold March 12, 2021

Last sale price $855,000 $405 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $8,976/month

161 Days on Market

Highlights

  • In-Law or Guest Suite
  • Tile Flooring
  • 4-minute walk to 505 Teen Center and Hobbit Skate Park
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2021

Cash Cow! High demand area! Newly renovated duplex on HUGE lot only two blocks off ''the Ave'' in the heart of Delray Beach! Large 2/2 on lower level with 2/1 on upper level. Fantastic opportunity for Income Investors and/or Builders. Lot is 1.5x size- very unusual for Osceola Park- plenty of room for a lux new build SF + pool with this 2-unit in the back of the lot for income/guest house/AuPair/In-law or Remote Work. New everything with endless opportunities.

Last Agent to Sell the Property

Karolina Sutherland

Illustrated Properties License #3371659 Listed on: 09/01/2020

Last Buyer's Agent

Sandra Amani

Coldwell Banker Realty /Delray Beach License #3456295

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,257

Year Built

  • Built in 1929

Lot Details

  • Property is zoned R-1-A(

Interior Spaces

  • 2,113 Sq Ft Home
  • 2-Story Property
  • Tile Flooring

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Trash Compactor

Bedrooms and Bathrooms

  • 4 Bedrooms
  • In-Law or Guest Suite
  • 3 Full Bathrooms

Laundry

  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Cable TV Available

Community Details

  • Linns Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616040960030

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,257

Year Built

Built in 1929

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 exit #52 to Atlantic Avenue Eastbound, crossing over Swinton Ave. Right on SE 3rd Avenue to 311 SE 3rd Avenue
  • Year Built: 1929
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Appliances: Dryer, Dishwasher, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Flooring: Tile
  • Living Area: 2113.0
  • Dining Room Type: In-Law Suite
  • Stories: 2

Exterior Features

  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Other
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616040960030
  • Zoning Description: R-1-A(

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 6257.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 1, 2020
Closed on
Mar 12, 2021
Sold by
Delray Beach Vacation Rentals Llc
Bought by
Gerhard Holdings Llc
Seller's Agent
Karolina Sutherland
Illustrated Properties
Buyer's Agent
Sandra Amani
Coldwell Banker Realty /Delray Beach
List Price
$899,000
Sold Price
$855,000
Premium/Discount to List
-$44,000
-4.89%
Current Estimated Value
$1,410,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$555,130
Avg. Annual Appreciation
11.36%

Purchase Details

Closed on
Mar 15, 2005
Sold by
Maldonado Elma O
Bought by
Joines James R and Joines James Hollis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.98%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 18, 2003
Sold by
Maldonado Raul O
Bought by
Maldonado Elma O
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Gerhard Holdings Llc $855,000 Homepartners Title Svcs Llc
Joines James R $347,000 First Fidelity Title Inc
Maldonado Elma O $24,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Joines James R $330,000
Previous Owner Joines James R $320,000
Previous Owner Maldonado Elma O $1,473
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/12/2021 03/12/21 Sold $855,000 -4.9% $405 / Sq Ft
02/10/2021 02/10/21 Pending -- -- --
09/01/2020 09/01/20 For Sale $899,000 +95.9% $425 / Sq Ft
01/31/2020 01/31/20 Sold $459,000 0.0% $286 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
12/04/2019 12/04/19 For Sale $459,000 0.0% $286 / Sq Ft
03/01/2017 03/01/17 Rented $1,250 -10.7% --
01/30/2017 01/30/17 Under Contract -- -- --
01/20/2017 01/20/17 For Rent $1,400 -- --
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 $17,900 $949,979 -- --
2023 $17,733 $863,617 $649,836 $384,364
2022 $15,524 $785,106 $0 $0
2021 $11,041 $535,968 $350,000 $185,968
2020 $9,026 $432,360 $337,500 $94,860
2019 $6,259 $449,522 $375,000 $74,522
2018 $5,031 $337,604 $245,364 $92,240
2017 $4,571 $289,024 $204,470 $84,554
2016 $4,051 $157,082 $0 $0
2015 $3,474 $142,802 $0 $0
2014 $3,355 $129,820 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Karolina Sutherland

    Seller's Agent in 2021

    Karolina Sutherland

    Illustrated Properties

    (720) 935-4744

    8 in this area

    13 Total Sales

    Karolina Sutherland
    Section Image

  • S

    Buyer's Agent in 2021

    Sandra Amani

    Coldwell Banker Realty /Delray Beach

    (773) 551-7898

    12 in this area

    26 Total Sales

    Sandra Amani
    Section Image
  • Alexandra Herrick

    Seller's Agent in 2020

    Alexandra Herrick

    Compass Florida LLC

    (561) 285-4283

    6 in this area

    89 Total Sales

    Alexandra Herrick
    Section Image

  • R

    Seller's Agent in 2017

    Richard Sandy

    Compass Florida LLC

    (561) 756-5894

    1 in this area

    22 Total Sales

    Richard Sandy
    Section Image

  • W

    Seller Co-Listing Agent in 2017

    Warren Heeg

    Compass Florida LLC

    (561) 441-1599

    2 in this area

    112 Total Sales

    Warren Heeg
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10651449

BeachesMLS

APN: 12-43-46-16-04-096-0030

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

311 SE 3rd Ave, Delray Beach, FL

This home is located at 311 SE 3rd Ave, Delray Beach, FL 33483 since 01 September 2020 and is currently estimated at $1,410,130, approximately $667 per square foot. This property was built in 1929. 311 SE 3rd Ave 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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