NOT LISTED FOR SALE

Estimated Value: $2,710,197 - $4,124,000

3 Beds
3.5 Baths
1,739 Sq Ft
$2,088/Sq Ft Est. Value

Last Sold May 15, 2024

Last sale price $2,800,000 $1,610 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $21,569/month

35 Days on Market

Highlights

  • Private Pool
  • Vaulted Ceiling
  • Great Room
  • Deck
  • Wood Flooring
  • 4-minute walk to Veterans Park

About This Home

As of May 2024

Discover the essence of coastal elegance at 55 SE 7th Avenue, located in the heart of Delray Beach's esteemed Historic Marina District, a mere whisper away from Delray Beach's pristine beaches and the pulse of Atlantic Avenue. This enchanting residence, meticulously reinvented to preserve its timeless charm exemplifies contemporary luxury and invites you into a world of sophisticated living where every detail has been carefully curated to offer an unparalleled experience in comfort and style. Exuding a captivating coastal ambiance, the home boasts 3 bedrooms, 3.1 bathrooms, and a spacious open floor plan anchored by a great room. The gourmet kitchen is a culinary haven, equipped with high-end appliances including a 6 burner gas Thermador stove top, marble countertops, a generous island,

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 03/11/2024

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Danielle Batista

LoKation License #3236405

LoKation

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,425

Year Built

  • Built in 1939

Lot Details

  • 4,996 Sq Ft Lot
  • Fenced
  • Sprinkler System
  • Property is zoned RM(cit

Home Design

  • Frame Construction

Interior Spaces

  • 1,739 Sq Ft Home
  • 1-Story Property
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Great Room

Kitchen

  • Gas Range
  • Microwave
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Deck

Utilities

  • Central Heating and Cooling System

Community Details

  • Palm Square Unrec On Am 8 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616340000240

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,425

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave East to SE 7th go South to home.
  • Year Built: 1939
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: French Door(s)/Atrium Door(s), Fireplace, Split Bedrooms, Separate Shower, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 1739.0
  • Dining Room Type: Great Room
  • Stories: 1

Exterior Features

  • Exterior Features: Deck, Fence
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Frame, Other
  • Patio And Porch Features: Deck
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616340000240
  • Lot Size: < 1/4 Acre
  • Lot Size Sq Ft: 4996.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 14425.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2023
Sold by
111 First Llc
Bought by
Cohen Richard
Total Days on Market
35
Current Estimated Value
$3,631,799

Purchase Details

Closed on
Jul 2, 2021
Sold by
53 Se 7 Llc
Bought by
111 First Llc

Purchase Details

Closed on
Apr 30, 2019
Sold by
Sarno Properties Llc
Bought by
53 Se 7 Llc

Home Financials for this Owner

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

Purchase Details

Listed on
Sep 28, 2017
Closed on
Apr 3, 2018
Sold by
Almanisa Llc
Bought by
Sarno Properties Llc
Seller's Agent
Judith Lukens
Premier Estate Properties, Inc
Buyer's Agent
Chris Lowry
Chris Lowry Realty Services
List Price
$1,695,000
Sold Price
$1,525,000
Premium/Discount to List
-$170,000
-10.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.62%

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

Listed on
Apr 18, 2014
Closed on
Jun 18, 2014
Sold by
Gregorski 16 Llc
Bought by
Mian Group Limited Partnership
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.79%

Purchase Details

Listed on
Apr 18, 2014
Closed on
May 14, 2014
Sold by
Maine Palm Llc
Bought by
Gregorski 16 Llc
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$459,000
Sold Price
$375,000
Premium/Discount to List
-$84,000
-18.3%
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
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
Previous Owner 53 Sf7 Llc $382,293
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2024 05/15/24 Sold $2,800,000 -12.4% $1,610 / Sq Ft
04/16/2024 04/16/24 Pending -- -- --
03/11/2024 03/11/24 For Sale $3,195,000 +62.4% $1,837 / Sq Ft
04/01/2021 04/01/21 Sold $1,967,500 +9.4% $1,064 / Sq Ft
03/03/2021 03/03/21 For Sale $1,799,000 +18.0% $973 / Sq Ft
02/15/2018 02/15/18 Sold $1,525,000 -10.0% $725 / Sq Ft
01/16/2018 01/16/18 Pending -- -- --
09/28/2017 09/28/17 For Sale $1,695,000 +352.0% $806 / Sq Ft
05/14/2014 05/14/14 Sold $375,000 -18.3% $178 / Sq Ft
04/18/2014 04/18/14 For Sale $459,000 -- $218 / Sq Ft
Source: BeachesMLS

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
2024 $27,535 $1,538,928 -- --
2023 $12,337 $606,355 -- --
2022 $10,980 $551,232 -- --
2021 $5,506 $261,000 $261,000 $0
2020 $6,646 $315,000 $315,000 $0
2019 $6,102 $285,000 $285,000 $0
2018 $6,483 $319,505 $319,505 $0
2017 $5,943 $277,830 $277,830 $0
2016 $12,835 $592,430 $0 $0
2015 $12,015 $538,573 $0 $0
2014 $10,641 $453,442 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10967496

BeachesMLS

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