NOT LISTED FOR SALE

53 SE 7th Ave Delray Beach, FL 33483

Downtown Delray Beach Neighborhood

Estimated Value: $1,308,000 - $3,611,000

0.12 Acre
$22,360,808 Price per Acre
4,996 Sq Ft Lot

Last Sold July 06, 2021

Last sale price $1,000,000

Est. 168% increase in value since last sale

Current estimated payment $16,229/month

135 Days on Market

About This Lot

As of July 2021

Plans Just Approved by the Historical Committee!! An extremely rare opportunity to buy almost 4995+ SF lot in the heart of Marina Historic District. This exceptional lot is being developed by renowned developer Bella Homes for a very special new construction project. This lot is walking distance and steps away from the famous Atlantic Ave and beach also comes with a set of plans from Richard Jones Architecture to design a 4 Bed 3.1 Bath Coastal Modern home that will invite the classic coastal flavor. The Lot purchase will include full set of plans and any build will be built by Bella Homes. A special consultation with the builder, architect, & design team can be arranged for any interested parties. A truly one of kind opportunity.

Last Agent to Sell the Property

Steve Petrucci

Compass Florida LLC License #3164376 Listed on: 09/13/2020

Compass Florida LLC

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

The Corcoran Group

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $6,102

Lot Details

  • 4,996 Sq Ft Lot
  • West Facing Home

Community Details

  • No Home Owners Association
  • Palm Square Unrec Am 89 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616340000220

Property Details

Property Type

Land

Est. Annual Taxes

$6,102

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Unimproved Land
  • Property Sub Type Additional: Unimproved Land
  • Directions: Atlantic Avenue East to SE 7 Ave, Then turn Right (South), Lot on the East side of SE 7 Ave.
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Cleared
  • Waterfront: No
  • Direction Faces: West
  • Other Structures: None

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel #: 12434616340000220
  • Development Status: Raw Land
  • Lot Size Acres: 0.12
  • Lot Size: 4995
  • Lot Size Sq Ft: 4996.0
  • Number Of Lots: 1
  • Possible Use: Single Family
  • Mobile Dim Units: Feet
  • Zoning: RM

Tax Info

  • Tax Year: 2019
  • Tax Annual Amount: 6102.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
111 First Llc
Bought by
Cohen Richard
Current Estimated Value
$2,683,297

Purchase Details

Listed on
Sep 13, 2020
Closed on
Jul 2, 2021
Sold by
53 Se 7 Llc
Bought by
111 First Llc
Seller's Agent
Steve Petrucci
Compass Florida LLC
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$895,000
Sold Price
$1,000,000
Premium/Discount to List
$105,000
11.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
23.88%

Purchase Details

Listed on
Mar 20, 2019
Closed on
Apr 30, 2019
Sold by
Sarno Properties Llc
Bought by
53 Se 7 Llc
Seller's Agent
Catherine McGlennon
Engel & Voelkers Delray Beach
Buyer's Agent
Catherine McGlennon
Engel & Voelkers Delray Beach
List Price
$599,000
Sold Price
$579,000
Premium/Discount to List
-$20,000
-3.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.49%
Original Mortgage
$1,146,878
Interest Rate
4.2%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 3, 2018
Sold by
Almanisa Llc
Bought by
Sarno Properties Llc

Purchase Details

Closed on
Mar 29, 2016
Sold by
Mian Group Lp
Bought by
Almanisa Llc

Purchase Details

Closed on
Mar 1, 2016
Bought by
Almanisa Llc

Purchase Details

Closed on
Jun 18, 2014
Sold by
Gregorski 16 Llc
Bought by
Mian Group Limited Partnership

Purchase Details

Closed on
May 14, 2014
Sold by
Maine Palm Llc
Bought by
Gregorski 16 Llc
Source: Public Records
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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
Cohen Richard -- Old Palm Title
Cohen Richard -- Old Palm Title
111 First Llc $1,000,000 Attorney
53 Se 7 Llc $579,000 Attorney
Sarno Properties Llc $350,000 Attorney
Almanisa Llc -- Attorney
Almanisa Llc -- --
Mian Group Limited Partnership $600,000 Attorney
Gregorski 16 Llc $375,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner 53 Se 7 Llc $1,146,878
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/06/2021 07/06/21 Sold $1,000,000 +11.7% --
06/06/2021 06/06/21 Pending -- -- --
09/13/2020 09/13/20 For Sale $895,000 +54.6% --
05/01/2019 05/01/19 Sold $579,000 -3.3% -- View Prior Sale
04/01/2019 04/01/19 Pending -- -- --
03/17/2019 03/17/19 For Sale $599,000 -- --
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 $27,535 $1,583,557 -- --
2024 $27,535 $1,538,928 -- --
2023 $12,337 $606,355 -- --
2022 $10,980 $551,232 -- --
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2021

    Steve Petrucci

    Compass Florida LLC

    2 in this area

    8 Total Sales

    Steve Petrucci
    Section Image
  • Jennifer Kilpatrick

    Buyer's Agent in 2021

    Jennifer Kilpatrick

    The Corcoran Group

    (561) 573-2573

    48 in this area

    223 Total Sales

    Jennifer Kilpatrick
    Section Image
  • Catherine McGlennon

    Seller's Agent in 2019

    Catherine McGlennon

    Engel & Voelkers Delray Beach

    (561) 596-3946

    14 in this area

    78 Total Sales

    Catherine McGlennon
    Section Image
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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10248807

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-34-000-0220

Florida Palm Beach County Delray Beach 33483 Downtown Delray Beach

53 SE 7th Ave, Delray Beach, FL

Not Listed for Sale

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