$830,000
SOLD FEB 28, 2025
2 Beds
2 Baths
1,385 Sq Ft
1978 Built

Recently Sold

$599 Per Sq Ft

21% Below List Price

148 Days on Market

Highlights

  • Garden View
  • Circular Driveway
  • Bar
  • Formal Dining Room
  • Eat-In Kitchen
  • 5-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of February 2025

Introducing Unit #1 at 318 SE 7th Ave, a stunning two-bedroom, two-bathroom condo in the heart of Delray Beach, FL. This rarely available location boasts a series of upgrades that enhance both its functionality and aesthetic appeal, including impact windows and sleek tile flooring throughout, ensuring a blend of safety and style. Spanning almost 1400 square feet in a cozy four-unit building, this condo offers the perfect mix of privacy and proximity. Located just moments from the vibrant Downtown area and across the street from the beautiful Intracoastal Waterway, residents enjoy easy access to local dining, shopping, and entertainment, while the quiet street and nearby beach provide ample opportunities for relaxation and recreation. The unit sits on a spacious lo approximately half an acre, presenting a unique opportunity for those interested in expansive outdoor living or potential future developments. Not restricted by historic district regulations, the property offers flexibility for customization or expansion to suit your lifestyle needs. Unit #1 combines the tranquility of a peaceful residential area with the conveniences of urban living, making it an ideal choice for those seeking a prime Delray Beach location with all the modern upgrades. Experience the best of coastal living with this exceptional property.

Last Agent to Sell the Property

William Jesse Schloesser

Houseworks Real Estate License #3489786 Listed on: 11/22/2024

Co-Listed By

Carol Fredericks

Houseworks Real Estate License #3433348

Last Buyer's Agent

Ann Pearson

EXP Realty LLC License #3240232

EXP Realty LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1978

Lot Details

  • North Facing Home
  • Sprinkler System

Home Design

  • Flat Roof Shape

Interior Spaces

  • 1,385 Sq Ft Home
  • 1-Story Property
  • Bar
  • Formal Dining Room
  • Garden Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

Parking

  • 2 Open Parking Spaces
  • Circular Driveway

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616g70000010

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include ground maintenance, pest control
  • 4 Units
  • Palm Villas At Delray Beach Condo Subdivision

Recreation

  • Trails

Pet Policy

  • Pets Allowed

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,068

Year Built

Built in 1978

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I-95, east on Atlantic ave. south on SE 7th ave. 3-1/2 blocks property is on the right
  • Year Built: 1978
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dining Area, Separate/Formal Dining Room, Eat-in Kitchen, Main Level Primary, Split Bedrooms, Bar, Walk-In Closet(s)
  • Main Level Bedrooms: 2
  • Appliances: Dryer, Dishwasher, Electric Range, Free-Standing Freezer, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Living Area: 1385.0
  • Stories: 1

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Garden
  • Lot Features: Sprinklers Automatic
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: North
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Flat, Mansard

Garage/Parking

  • Open Parking Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Circular Driveway

Utilities

  • Laundry Features: Inside
  • Security: Smoke Detector(s)
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 250.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Trail(s)
  • Association: Yes
  • Pets Allowed: Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Maintenance Grounds, Pest Control

Lot Info

  • Parcel #: 12434616g70000010
  • Mobile Dim Units: Feet
  • Zoning: R-1-AA

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5068.32

Multi Family

  • Number Of Units In Community: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 22, 2024
Closed on
Feb 28, 2025
Sold by
Donohue John and Donohue Judy
Bought by
Bradsher David Edward and Bradsher Julie Leidy
Seller's Agent
William Jesse Schloesser
Houseworks Real Estate
Buyer's Agent
Ann Pearson
EXP Realty LLC
List Price
$1,050,000
Sold Price
$830,000
Premium/Discount to List
-$220,000
-20.95%
Views
4
Current Estimated Value
$829,606

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$394
Avg. Annual Appreciation
1.80%

Purchase Details

Closed on
Jun 8, 2020
Sold by
Addonizio Robert J and Addonizio Diane M
Bought by
Donohue John and Donohue Judy

Purchase Details

Closed on
Oct 13, 2003
Sold by
Krol Susan Agnes
Bought by
Addonizio Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,000
Interest Rate
5.62%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $830,000 Independence Title
Warranty Deed $830,000 Independence Title
Warranty Deed $235,000 Attorney
Warranty Deed $253,500 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $75,000 Balloon
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2025 02/28/25 Sold $830,000 -2.4% $599 / Sq Ft
12/18/2024 12/18/24 Price Changed $850,000 -8.1% $614 / Sq Ft
12/07/2024 12/07/24 Price Changed $925,000 -11.9% $668 / Sq Ft
09/05/2024 09/05/24 For Sale $1,050,000 0.0% $758 / Sq Ft
07/08/2014 07/08/14 Rented $4,000 0.0% --
06/08/2014 06/08/14 Under Contract -- -- --
03/11/2014 03/11/14 For Rent $4,000 -- --
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 $2,497 $318,220 -- --
2024 $2,497 $309,252 -- --
2023 $5,068 $300,245 $0 $0
2022 $5,025 $291,500 $0 $0
2021 $4,493 $215,000 $0 $215,000
2020 $4,673 $230,000 $0 $230,000
2019 $4,232 $198,000 $0 $198,000
2018 $4,145 $198,000 $0 $198,000
2017 $3,857 $180,000 $0 $0
2016 $3,623 $163,900 $0 $0
2015 $3,417 $149,000 $0 $0
2014 $3,462 $148,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11018200

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-G7-000-0010