NOT LISTED FOR SALE

Estimated Value: $2,767,000 - $4,286,000

5 Acres
$657,651 Price per Acre
217,800 Sq Ft Lot

Last Sold July 22, 2022

Last sale price $3,000,000 $2,163 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $20,915/month

682 Days on Market

About This Lot

As of July 2022

New to market property! Ideal property for annexation into the city of Delray Beach and development of a multifamily community. The multifamily development can be a townhome, zero lot line or combination of both. This parcel is ideal for annexation into the city of Delray Beach and development of a multifamily residential community.

Last Agent to Sell the Property

Jim Knight

The Knight Group License #271832 Listed on: 07/09/2021

Last Buyer's Agent

Rochelle Lecavalier

Douglas Elliman License #3135840

Douglas Elliman

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,460

Lot Details

  • 5 Acre Lot
  • Lot Dimensions are 333' x 663'
  • North Facing Home
  • Site Plan Filed

Utilities

  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 00424612000003024

Property Details

Property Type

Land

Est. Annual Taxes

$7,460

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Agriculture
  • Property Sub Type Additional: Agriculture
  • Directions: From I-95 west on Atlantic Ave turn north on Congress Ave and west on Lake Ida Rd then north on Barwick Rd then west on 133rd Rd S parcel on left.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: 5-10 Acres, Agricultural, Cleared, Residential Lot, Rural Lot
  • Waterfront: No
  • Direction Faces: North

Utilities

  • Electric: 3 Phase
  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 00424612000003024
  • Current Use: Agricultural, Multi-Family, Unimproved
  • Development Status: Site Plan Filed
  • Lot Size Acres: 5.0
  • Lot Size: 333' x 663'
  • Lot Size Sq Ft: 217800.0
  • Possible Use: Agricultural, Multi-Family, Residential
  • Mobile Dim Units: Feet
  • Zoning: AR

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 7459.92

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Jul 20, 2022
Sold by
Koeser Linda R and Willis Family Trust
Bought by
Cocoon Development Iii Llc
Seller's Agent
Jim Knight
The Knight Group
Buyer's Agent
Rochelle Lecavalier
Douglas Elliman
List Price
$3,000,000
Sold Price
$3,000,000
Current Estimated Value
$3,288,255

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,255
Avg. Annual Appreciation
2.65%

Purchase Details

Closed on
Oct 28, 2015
Sold by
Koeser Linda and Willis Brent
Bought by
The Willis Family Trust
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
Cocoon Development Iii Llc $3,000,000 None Listed On Document
The Willis Family Trust -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/22/2022 07/22/22 Sold $3,000,000 0.0% $2,163 / Sq Ft
06/22/2022 06/22/22 Pending -- -- --
07/18/2020 07/18/20 For Sale $3,000,000 -- $2,163 / 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 $41,563 $2,658,448 -- --
2024 $41,563 $2,613,239 -- --
2023 $41,563 $2,492,799 $2,357,700 $135,099
2022 $6,561 $325,124 $0 $0
2021 $5,736 $295,567 $228,000 $67,567
2020 $5,460 $277,499 $204,000 $73,499
2019 $7,460 $433,610 $0 $0
2018 $6,159 $323,497 $239,000 $84,497
2017 $4,289 $213,071 $0 $0
2016 $4,410 $214,645 $0 $0
2015 $4,384 $206,683 $0 $0
2014 $4,258 $192,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10639856

BeachesMLS (Greater Fort Lauderdale)

APN: 00-42-46-12-00-000-3024