NOT LISTED FOR SALE

516 NE 8th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $2,293,000 - $4,693,000

2 Beds
2 Baths
1,762 Sq Ft
$1,998/Sq Ft Est. Value

Sale Details

Date Sold: April 2, 2013

Last sale price $650,000 $369 Per Sq Ft

Est. 441% increase in value since last sale

Current estimated payment $21,481 / mo

24 Days on Market

Highlights

  • Garden View
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Bathtub with Shower
  • East Facing Home

About This Home

As of April 2013

WONDERFUL OPPORTUNITY TO OWN THIS 2BR/2BA PROPERTY ON NEARLY A 1/3 OF AN ACRE LOT LOCATED ONE BLOCK FROM THE ICW WITHIN WALKING DISTANCE TO DOWNTOWN DELRAY BEACH AND THE OCEAN IN THE HIGHLY DESIRABLE PALM TRAIL NEIGHBORHOOD. AMPLE ROOM FOR ADDITIONS OR BUILD ON LARGE LOT FOR NEW CONSTRUCTION. PROPERTY NEEDS SOME TLC AND RENOVATIONS.

Last Agent to Sell the Property

Jeremy Olsher

Compass Florida LLC License #3184613 Listed on: 02/22/2013

Compass Florida LLC

Last Buyer's Agent

Wendy Overton

Inactive Member License #520154

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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Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,011

Year Built

  • Built in 1969

Lot Details

  • East Facing Home
  • Property is zoned R1aa

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor
  • Spanish Tile Roof

Interior Spaces

  • 1,762 Sq Ft Home
  • 1-Story Property
  • Garden Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Parquet
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Stacked Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater

Community Details

  • No Home Owners Association
  • Hofmans 8Th Ave Add In Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609260000061

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,011

Year Built

Built in 1969

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: ATLANTIC AVE TO NE 7TH AVE, EAST ON NE 2ND, NORTH ON NE 8TH, ON WEST SIDE
  • Year Built: 1969
  • Architectural Style: Ranch
  • Entry Level: 1
  • Unit Levels: One
  • Building Stories: 1
  • DelayedMarketingYN: No
  • Special Features: None
  • Stories: 1

Interior Features

  • Interior Amenities: Stacked Bedrooms, Tub Shower
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Water Heater, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Carpet, Parquet
  • Living Area: 1762.0
  • Stories: 1

Exterior Features

  • View: Garden
  • Lot Features: 1/4 to 1/2 Acre Lot
  • Pool Private: No
  • View: Yes
  • Waterfront Features: None
  • Waterfront: No
  • Construction Type: Block
  • Direction Faces: East
  • Roof: Spanish Tile

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Attached Garage: Yes
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Attached, Garage

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: None
  • Association: No
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609260000061
  • Lot Size: .3278
  • Mobile Dim Units: Feet
  • Zoning: R1aa

Tax Info

  • Tax Year: 2012
  • Tax Annual Amount: 11011.0

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

Listed on
Feb 22, 2013
Closed on
Apr 2, 2013
Sold by
Bought by
Seller's Agent
Jeremy Olsher
Compass Florida LLC
Buyer's Agent
Wendy Overton
Inactive Member
List Price
$650,000
Sold Price
$650,000
Current Estimated Value
$3,519,741

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,869,741
Avg. Annual Appreciation
13.50%

Purchase Details

Closed on
Nov 2, 2009
Sold by
Bought by

Purchase Details

Closed on
Jan 26, 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
$295,000
Interest Rate
5.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Mar 20, 2006
Sold by
Bought by
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

  • Tika Van Den Hurk Real Estate Agent - Compass Florida, LLC

    Tika Van Den Hurk

    Compass Florida, LLC

    (305) 902-6232

    80 Total Sales

    2 in Downtown Delray Beach

    $780,000 Price Range

    Tika Van Den Hurk
     Section Image
  • Anneliese Schwyter Real Estate Agent - Coldwell Banker Realty /Delray Beach

    Anneliese Schwyter

    Coldwell Banker Realty /Delray Beach

    (475) 275-6929

    53 Total Sales

    21 in Downtown Delray Beach

    $501K - $2.4M Price Range

    Anneliese Schwyter
     Section Image
  • Jerilyn Walter Real Estate Agent - Premier Estate Properties, Inc

    Jerilyn Walter

    Premier Estate Properties, Inc

    (561) 621-3306

    76 Total Sales

    43 in Downtown Delray Beach

    $525K - $5.6M Price Range

    Jerilyn Walter
     Section Image
  • Dawn Forgione Real Estate Agent - Compass Florida LLC

    Dawn Forgione

    Compass Florida LLC

    (561) 933-4573

    94 Total Sales

    3 in Downtown Delray Beach

    $829K - $1M Price Range

    Dawn Forgione
     Section Image
  • Andrea Andrada Real Estate Agent - Coppola Intl Realty LLC

    Andrea Andrada

    Coppola Intl Realty LLC

    (786) 244-2219

    62 Total Sales

    2 in Downtown Delray Beach

    $215,000 Price Range

    Andrea Andrada
     Section Image
  • Eleonora Sari Real Estate Agent - RE/MAX Services

    Eleonora Sari

    RE/MAX Services

    (561) 375-2961

    107 Total Sales

    2 in Downtown Delray Beach

    $645,000 Price Range

    Eleonora Sari
     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
$650,000 Attorney
-- Attorney
$590,000 Sunbelt Title Agency
-- Attorney
-- Attorney
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 $295,000
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
04/02/2013 04/02/13 Sold $650,000 0.0% $369 / Sq Ft
03/03/2013 03/03/13 Pending -- -- --
02/22/2013 02/22/13 For Sale $650,000 -- $369 / 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 $25,615 $1,467,579
2024 $25,615 $1,426,219
2023 $25,791 $1,384,679 $0 $0
2022 $25,610 $1,344,349 $0 $0
2021 $25,730 $1,305,193 $0 $0
2020 $25,585 $1,287,173 $0 $0
2019 $25,276 $1,258,234 $0 $0
2018 $24,257 $1,234,773 $0 $0
2017 $24,222 $1,209,376 $0 $0
2016 $24,394 $1,184,501 $0 $0
2015 $25,057 $1,176,267 $0 $0
2014 $12,332 $552,500 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Jeremy Olsher Real Estate Agent - Compass Florida LLC

    Seller's Agent in 2013

    Jeremy Olsher

    Compass Florida LLC

    (561) 400-3737

    3 in this area

    71 Total Sales

    Jeremy Olsher
    Section Image

  • W

    Buyer's Agent in 2013

    Wendy Overton

    Inactive Member

See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R3347455

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-09-26-000-0061

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

516 NE 8th 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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