NOT LISTED FOR SALE

405 NE 3rd Ave Unit 1 And 2 Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,014,273 - $1,064,000

Studio
2 Baths
1,326 Sq Ft
$781/Sq Ft Est. Value

Sale Details

Date Sold: October 23, 2017

Last sale price $384,000 $290 Per Sq Ft

Est. 170% increase in value since last sale

Current estimated payment $6,436 / mo

168 Days on Market

Highlights

  • Garden View
  • Cooling System Mounted To A Wall/Window
  • Awning
  • No HOA
  • Tile Flooring
  • No Heating

About This Home

As of October 2017

Amazing opportunity. Historic Delray 3rd Ave, off Lake Ida Road East of Swinton
Fabulous opportunity for development or vacation rental. Large Yard side yard and circular driveway in front with additional parking and covered parking. Updated with vintage glowing terrazzo floors! The best location ever! 2, large updated apartments with a bath updated kitchen and closets. Zoned RO single family residential/OFFICE!

Last Agent to Sell the Property

Iris Marie McDonald

Illustrated Properties Brokerage Phone: 5614005607 License #520066 Listed on: 05/03/2017

Illustrated Properties

Last Buyer's Agent

Beverly Brim

The Keyes Company License #3265959

The Keyes Company

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,164

Year Built

  • Built in 1968

Lot Details

  • 7,200 Sq Ft Lot

Home Design

  • Duplex
  • Tar and Gravel Roof

Interior Spaces

  • 2 Bathrooms
  • 1,326 Sq Ft Home
  • 1-Story Property
  • Awning
  • Garden Views

Flooring

  • Carpet
  • Concrete
  • Tile

Schools

  • Plumosa School Of The Arts K-8 Elementary School
  • Atlantic High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating
  • Three-Phase Power
  • Cable TV Available

Community Details

  • No Home Owners Association
  • 2 Units
  • Del Ida Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609290130021

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,164

Year Built

Built in 1968

Lot Details

7,200 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: right off Lake Ida Road, East of Swinton - on Historic 3rd Ave, Amazing location!
  • Year Built: 1968
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Flooring: Carpet, Concrete, Tile
  • Living Area: 1326.0

Exterior Features

  • Exterior Features: Awning(s), None
  • View: Garden
  • Lot Features: < 1/4 Acre
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Disclosures: Owner Is Listing Agent
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Utilities

  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling Y N: Yes
  • Heating: None
  • Heating Yn: No
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Multiple Meters, Public

Condo/Co-op/Association

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

Schools

  • Elementary School: Plumosa School of the Arts K-8
  • High School: Atlantic

Lot Info

  • Parcel #: 12434609290130021
  • Lot Size Acres: 0.17
  • Lot Size: 60.0 ft x 0.0 ft
  • Lot Size Sq Ft: 7405.2
  • Mobile Dim Units: Feet
  • Zoning: RO(cit

Rental Info

  • Tenant Pays: Cable TV, Electricity, Sewer, Water

Tax Info

  • Tax Year: 2016
  • Tax Annual Amount: 4163.87

Multi Family

  • Number Of Units In Community: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 3, 2017
Closed on
Oct 18, 2017
Sold by
Watson John and Mcdonald Iris
Bought by
8317 Nw 8Th Way Llc
Seller's Agent
Iris Marie McDonald
Illustrated Properties
Buyer's Agent
Beverly Brim
The Keyes Company
List Price
$450,000
Sold Price
$384,000
Premium/Discount to List
-$66,000
-14.67%
Current Estimated Value
$1,036,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$652,091
Avg. Annual Appreciation
12.40%

Purchase Details

Closed on
Jul 24, 2015
Sold by
Bennett Mark and Bennett Pamela C
Bought by
Watson John
Source: Public Records

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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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
8317 Nw 8Th Way Llc $384,000 Peogressive Title Solutions
Watson John $192,000 Protective Title Services
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/23/2017 10/23/17 Sold $384,000 -14.7% $290 / Sq Ft
09/23/2017 09/23/17 Pending -- -- --
05/03/2017 05/03/17 For Sale $450,000 -- $339 / Sq Ft
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 $11,320 $558,803 -- --
2024 $11,320 $508,003 -- --
2023 $10,287 $461,821 $344,222 $308,700
2022 $9,504 $419,837 $0 $0
2021 $8,175 $406,744 $183,600 $223,144
2020 $7,363 $346,973 $160,650 $186,323
2019 $7,197 $339,323 $153,000 $186,323
2018 $6,392 $302,118 $155,903 $146,215
2017 $4,251 $191,893 $128,845 $63,048
2016 $4,164 $182,433 $0 $0
2015 $3,791 $140,008 $0 $0
2014 $3,248 $127,280 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Iris Marie McDonald

    Seller's Agent in 2017

    Iris Marie McDonald

    Illustrated Properties

    (561) 400-5607

    1 in this area

    20 Total Sales

    Iris Marie McDonald
    Section Image
  • Beverly Brim

    Buyer's Agent in 2017

    Beverly Brim

    The Keyes Company

    (561) 400-9397

    1 in this area

    64 Total Sales

    Beverly Brim
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10331071

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-29-013-0021

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

405 NE 3rd Ave Unit 1 And 2, 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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