NOT LISTED FOR SALE

348 NE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $670,000 - $1,694,000

Studio
4 Baths
1,952 Sq Ft
$692/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2012

Last sale price $385,000 $197 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $9,476 / mo

193 Days on Market

Highlights

  • Outdoor Living Area
  • Covered Patio or Porch
  • Shed
  • No HOA
  • Jalousie or louvered window
  • Terrazzo Flooring

About This Home

As of April 2012

HUGE POTENTIAL IN THIS FOUR PLEX, ABSENTEE OWNER, 3 LARGE STUDIOS WITH BACK PRIVATE BACK PATIOS AND 1 REDONE 2/1 W IMPACT GLASS WINDOWS, W/D NEWER CENTRAL AIR PRIVATE PARKING OFF THE ALLEY WITH STORAGE SHED...RENTS COULD GO UP +/-500 A YEAR TOTAL!!

Last Agent to Sell the Property

Cole Leavitt

CPRE Organization Inc License #3238799 Listed on: 07/13/2011

Last Buyer's Agent

Heather Hanzl

Thomas W. Melba Realty License #665848

Range of Values:

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

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,441

Year Built

  • Built in 1956

Lot Details

  • Lot Dimensions are 52 x 135
  • Fenced

Home Design

  • Quadruplex
  • Composition Roof

Interior Spaces

  • 4 Bathrooms
  • 1,952 Sq Ft Home
  • 1-Story Property
  • Jalousie or louvered window
  • Single Hung Metal Windows

Flooring

  • Parquet
  • Carpet
  • Terrazzo

Outdoor Features

  • Covered Patio or Porch
  • Outdoor Living Area
  • Shed

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 12434616051130021

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Highland Park Delray Subdivision

Building Details

  • Gross Income $41,400
  • Net Operating Income $30,317

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,441

Year Built

Built in 1956

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Quadruplex
  • Property Sub Type Additional: Quadruplex
  • Directions: ATL AVE EAST B4 BRIDGE TO NE 7TH AVE THEN LEFT TO 348 ON LEFT SIDE
  • Year Built: 1956
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Parquet, Terrazzo
  • Living Area: 1952.0
  • Window Features: Jalousie, Metal, Single Hung

Exterior Features

  • Exterior Features: Outdoor Living Area
  • View: Other
  • Fencing: Fenced
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Patio And Porch Features: Covered, Patio
  • Property Condition: Resale
  • Roof: Composition

Utilities

  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: Central, Wall Furnace
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: None
  • Association: No

Lot Info

  • Parcel #: 12434616051130021
  • Lot Size: 52 X 135
  • Mobile Dim Units: Feet
  • Zoning: Rm

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Property Net Operating Income: 30317.0
  • Number Of Units In Community: 4
  • Number Of Units Total: 4
  • Annual Gross Income: 41400.0

Tax Info

  • Tax Year: 2010
  • Tax Annual Amount: 6441.0

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

Closed on
Jul 8, 2025
Sold by
Bought by
Current Estimated Value
$1,350,422

Purchase Details

Closed on
Aug 10, 2023
Sold by
Bought by

Purchase Details

Closed on
Feb 27, 2014
Sold by
Bought by

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 2, 2012
Sold by
Bought by
Seller's Agent
Cole Leavitt
CPRE Organization Inc
Buyer's Agent
Heather Hanzl
Thomas W. Melba Realty
List Price
$409,000
Sold Price
$385,000
Premium/Discount to List
-$24,000
-5.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.11%
Original Mortgage
$288,750
Interest Rate
3.97%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 30, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,075
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage
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

  • Robert MacKinnon Real Estate Agent - EXP Realty LLC

    Robert MacKinnon

    Responds Quickly

    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

    48 Total Sales

    1 in Downtown Delray Beach

    $165,000 Price

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

    Dayana Martinez

    Real Estate 4 All LLC

    (561) 220-9301

    78 Total Sales

    2 in Downtown Delray Beach

    $430,000 Price Range

    Dayana Martinez
     Section Image
  • Ilona Chkliarouk Real Estate Agent - Donohue Real Estate Palm Beach

    Ilona Chkliarouk

    Donohue Real Estate Palm Beach

    (239) 920-8180

    29 Total Sales

    2 in Downtown Delray Beach

    $560,000 Price Range

    Ilona Chkliarouk
     Section Image
  • Michael Rindos Real Estate Agent - Coldwell Banker Realty /Delray Beach

    Michael Rindos

    Coldwell Banker Realty /Delray Beach

    (973) 545-7225

    2 Total Sales

    4 in Downtown Delray Beach

    $520K - $559K Price Range

    Michael Rindos
     Section Image
  • Blake Rayner Real Estate Agent - Compass Florida LLC

    Blake Rayner

    Compass Florida LLC

    (561) 639-5602

    94 Total Sales

    2 in Downtown Delray Beach

    $380,000 Price Range

    Blake Rayner
     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
-- None Listed On Document
$1,600,000 Big Wave Title
-- Blade Title Company
$385,000 Attorney
$415,000 Sunbelt Title Agency
$274,800 American Title & Trust Llc
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
Previous Owner $288,750
Previous Owner $332,000
Previous Owner $207,075
Previous Owner $90,000
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
04/02/2012 04/02/12 Sold $385,000 -5.9% $197 / Sq Ft
03/03/2012 03/03/12 Pending -- -- --
07/21/2011 07/21/11 For Sale $409,000 -- $210 / Sq Ft
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 $24,815 $1,342,094
2024 $24,815 $1,335,240
2023 $17,824 $810,950 $707,355 $407,179
2022 $16,439 $737,227 $0 $0
2021 $14,658 $771,835 $484,000 $287,835
2020 $13,318 $678,105 $440,000 $238,105
2019 $12,682 $670,628 $440,000 $230,628
2018 $10,588 $503,535 $384,773 $118,762
2017 $10,270 $500,682 $373,566 $127,116
2016 $9,597 $424,421 $0 $0
2015 $9,018 $385,837 $0 $0
2014 $8,524 $350,761 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Cole Leavitt Real Estate Agent - CPRE Organization Inc

    Seller's Agent in 2012

    Cole Leavitt

    CPRE Organization Inc

    (866) 792-6163

    4 in this area

    47 Total Sales

    Cole Leavitt
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  • H

    Buyer's Agent in 2012

    Heather Hanzl

    Thomas W. Melba Realty

    (561) 212-9115

    2 in this area

    52 Total Sales

    Heather Hanzl
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3212795

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-05-113-0021

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

348 NE 7th Ave, 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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