NOT LISTED FOR SALE

348 NE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $1,197,000 - $1,978,000

Studio
4 Baths
1,952 Sq Ft
$835/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2012

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

Est. 323% increase in value since last sale

Current estimated payment $10,823 / mo

193 Days on Market

Highlights

  • Outdoor Living Area
  • Covered Patio or Porch
  • Cooling System Mounted To A Wall/Window
  • No HOA
  • Jalousie or louvered window
  • Shed

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

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
$1,630,298

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
10.66%
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

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

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
$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
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

    Seller's Agent in 2012

    Cole Leavitt

    CPRE Organization Inc

    (866) 792-6163

    5 in this area

    49 Total Sales

    Cole Leavitt
    Section Image

  • 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
See All Agents

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.

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.