NOT LISTED FOR SALE

318 SE 7th Ave Unit 1 Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $751,000 - $852,311

2 Beds
2 Baths
1,385 Sq Ft
1978 Built

Sale Details

Date Sold: February 28, 2025

Last sale price $830,000 $599 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $4,907 / mo

148 Days on Market

Highlights

  • Garden View
  • Formal Dining Room
  • Eat-In Kitchen
  • Outdoor Living Area
  • Circular Driveway
  • 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

Real Broker LLC License #3240232

Real Broker LLC

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,068

Year Built

  • Built in 1978

Lot Details

  • North Facing Home
  • Sprinkler System

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Flat Roof Shape
  • Mansard 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
  • Free-Standing Freezer
  • 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
  • Outdoor Living Area

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616g70000010

Community Details

Overview

  • 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 Sq Ft Lot

HOA Fees

$250 per month

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
  • Entry Level: 1
  • 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 Fee Frequency: Monthly
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
Seller's Agent
William Jesse Schloesser
Houseworks Real Estate
Buyer's Agent
Ann Pearson
Real Broker LLC
List Price
$1,050,000
Sold Price
$830,000
Premium/Discount to List
-$220,000
-20.95%
Views
6
Current Estimated Value
$802,521

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$27,479
Avg. Annual Appreciation
-0.83%

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

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Downtown Delray Beach, FL

  • RJ

    Ruben Jaen

    RE FLORIDA HOMES

    (561) 425-6745

    34 Total Sales

    2 in Downtown Delray Beach

    $310K - $400K Price Range

    Ruben Jaen
     Section Image
  • Allison Kaufman Real Estate Agent - Century 21 Stein Posner

    Allison Kaufman

    Century 21 Stein Posner

    (561) 782-2422

    50 Total Sales

    3 in Downtown Delray Beach

    $650K - $2.3M Price Range

    Allison Kaufman
     Section Image
  • Eleanor Capron Real Estate Agent - Re/Max Direct

    Eleanor Capron

    Re/Max Direct

    (754) 354-9920

    152 Total Sales

    2 in Downtown Delray Beach

    $230K - $455K Price Range

    Eleanor Capron
     Section Image
  • Robert MacKinnon Real Estate Agent - EXP Realty LLC

    Robert MacKinnon

    EXP Realty LLC

    (339) 225-7041

    92 Total Sales

    5 in Downtown Delray Beach

    $360K - $1M Price Range

    Robert MacKinnon
     Section Image
  • Lynda Molina Real Estate Agent - EXP Realty LLC

    Lynda Molina

    EXP Realty LLC

    (561) 621-2744

    52 Total Sales

    2 in Downtown Delray Beach

    $165,000 Price Range

    Lynda Molina
     Section Image
  • Dayana Martinez Real Estate Agent - Real Estate 4 All LLC

    Dayana Martinez

    Real Estate 4 All LLC

    (561) 220-9301

    81 Total Sales

    1 in Downtown Delray Beach

    $430,000 Price

    Dayana Martinez
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$830,000 Independence Title
Donohue John $235,000 Attorney
Addonizio Robert J $253,500 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $622,500
Previous Owner Addonizio Robert J $75,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

  • WS

    Seller's Agent in 2025

    William Jesse Schloesser

    Houseworks Real Estate

    (561) 602-0568

    14 in this area

    41 Total Sales

    William Jesse Schloesser
    Section Image
  • Carol Fredericks Real Estate Agent - Houseworks Real Estate

    Seller Co-Listing Agent in 2025

    Carol Fredericks

    Houseworks Real Estate

    (561) 703-4606

    20 in this area

    52 Total Sales

    Carol Fredericks
    Section Image

  • AP

    Buyer's Agent in 2025

    Ann Pearson

    Real Broker LLC

    (561) 706-2257

    1 in this area

    35 Total Sales

    Ann Pearson
    Section Image
  • Lenny Felberbaum Real Estate Agent - Engel & Voelkers Delray Beach

    Seller's Agent in 2014

    Lenny Felberbaum

    Engel & Voelkers Delray Beach

    (954) 397-4178

    16 in this area

    80 Total Sales

    Lenny Felberbaum
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11018200

BeachesMLS (Greater Fort Lauderdale)

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

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

318 SE 7th Ave Unit 1, 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 (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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