NOT LISTED FOR SALE

405 SE 3rd St Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $796,000 - $1,051,000

5 Beds
2 Baths
1,704 Sq Ft
$546/Sq Ft Est. Value

Last Sold July 30, 2021

Last sale price $505,000 $296 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,959/month

32 Days on Market

Highlights

  • Water Views
  • Corner Lot
  • Tile Flooring
  • RV Access or Parking
  • Cooling System Mounted To A Wall/Window
  • 4-minute walk to 505 Teen Center and Hobbit Skate Park

About This Home

As of July 2021

2 homes for less than the price of 1, located 3 Blocks South of prestigious Downtown Atlantic Ave. Remodel this large home and guest house to your dreams or rent out daily for a cash cow Air BNB! The Main house is a 4/1 and the guest house is a 2/1 with it's own kitchen and laundry. Spacious back cottage needs updating and is a perfect rental that offers privacy and everything you need. So many possibilities as luxury homes are selling for over 1 million in this amazing location. Walk to exceptional restaurants, first class shopping, great entertainment and so much more!

Last Agent to Sell the Property

Luke Marler

RE/MAX Direct License #BK3137236 Listed on: 05/28/2021

RE/MAX Direct

Co-Listed By

Cynthia Marler

Chec Real Estate Inc License #3108315

Last Buyer's Agent

Nader Ramsi

Realty 100 License #3268627

Realty 100

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $2,835

Year Built

  • Built in 1930

Lot Details

  • 6,362 Sq Ft Lot
  • Fenced
  • Corner Lot
  • Property is zoned R-1-A(

Property Views

  • Water
  • Garden

Home Design

  • Frame Construction
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,704 Sq Ft Home
  • 1-Story Property
  • Combination Kitchen and Dining Room
  • Tile Flooring
  • Electric Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Parking

  • Driveway
  • Open Parking
  • RV Access or Parking

Schools

  • Carver; G.W. Middle School
  • Atlantic Technical High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616011030131

Community Details

Overview

  • Town Of Delray Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$2,835

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: I-95 to Atlantic Ave turn right onto SE 4th Ave then 3rd Ave will be on your left. One block west of US 1.
  • Year Built: 1930
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Kitchen/Dining Combo, Stacked Bedrooms
  • Furnished: Unfurnished
  • Appliances: Dryer, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Flooring: Tile
  • Living Area: 1704.0
  • Stories: 1

Exterior Features

  • Exterior Features: Fence
  • View: Garden, Water
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront: No
  • Construction Type: Frame
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Driveway, Open, RV Access/Parking

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Schools

  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434616011030131
  • Lot Size: 60.0 ft x 106.0 ft
  • Lot Size Sq Ft: 6362.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 2835.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 28, 2021
Closed on
Jul 23, 2021
Sold by
Estime Esperanta
Bought by
405 Se 3Rd Street Llc
Seller's Agent
Luke Marler
RE/MAX Direct
Buyer's Agent
Nader Ramsi
Realty 100
List Price
$529,000
Sold Price
$505,000
Premium/Discount to List
-$24,000
-4.54%
Current Estimated Value
$930,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$425,299
Avg. Annual Appreciation
14.65%

Purchase Details

Closed on
Apr 4, 2001
Sold by
Vil Sangdrat
Bought by
Estime Esperanta

Purchase Details

Closed on
Jul 15, 1996
Sold by
Defrancesco Raffaela
Bought by
Estime Esperanta and Vil Sangdrat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$63,650
Interest Rate
7.99%
Mortgage Type
New Conventional
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
405 Se 3Rd Street Llc $505,000 Florida Direct Title Inc
Estime Esperanta -- --
Estime Esperanta $67,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Estime Esperanta $63,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2021 07/30/21 Sold $505,000 -4.5% $296 / Sq Ft
06/30/2021 06/30/21 Pending -- -- --
05/28/2021 05/28/21 For Sale $529,000 -- $310 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

Tax History Compared to Growth

Source: Public Records

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 $13,709 $789,261 -- --
2024 $13,709 $717,510 -- --
2023 $13,511 $652,282 $519,849 $244,069
2022 $11,976 $592,984 $0 $0
2021 $2,867 $162,824 $0 $0
2020 $2,835 $160,576 $0 $0
2019 $2,794 $156,966 $0 $0
2018 $2,673 $154,039 $0 $0
2017 $2,649 $150,871 $0 $0
2016 $2,648 $147,768 $0 $0
2015 $2,708 $146,741 $0 $0
2014 $3,298 $115,202 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Luke Marler

    Seller's Agent in 2021

    Luke Marler

    RE/MAX

    (561) 400-6102

    1 in this area

    56 Total Sales

    Luke Marler
    Section Image

  • C

    Seller Co-Listing Agent in 2021

    Cynthia Marler

    Chec Real Estate Inc

    (561) 400-6101

    1 in this area

    34 Total Sales

    Cynthia Marler
    Section Image

  • N

    Buyer's Agent in 2021

    Nader Ramsi

    Realty 100

    (954) 557-2425

    1 in this area

    6 Total Sales

    Nader Ramsi
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10719894

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-01-103-0131

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

405 SE 3rd St, Delray Beach, FL

Not Listed for Sale

Detached

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