607 NE 7th Ave Delray Beach, FL 33483
Downtown Delray Beach NeighborhoodEstimated payment $11,442/month
About This Lot
*DO NOT DISTURB TENANTS!Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.
Property Details
Property Type
- Land
Est. Annual Taxes
- $20,068
Lot Details
- 9,504 Sq Ft Lot
- Lot Dimensions are 70' x 135'
- Site Plan Filed
- Property is zoned RM(cit
Location
- City Lot
Schools
- Plumosa School Of The Arts K-8 Elementary School
- Carver; G.W. Middle School
- Atlantic Technical High School
Community Details
- Hofman Add Subdivision
Listing and Financial Details
- Assessor Parcel Number 12434609240000621
Map
Home Values in the Area
Average Home Value in this Area
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 | $21,448 | $1,064,578 | -- | -- |
| 2023 | $20,068 | $967,798 | $707,355 | $449,577 |
| 2022 | $18,533 | $879,816 | $0 | $0 |
| 2021 | $16,641 | $799,833 | $484,000 | $315,833 |
| 2020 | $15,500 | $745,648 | $440,000 | $305,648 |
| 2019 | $14,743 | $739,470 | $440,000 | $299,470 |
| 2018 | $12,703 | $605,241 | $423,250 | $181,991 |
| 2017 | $12,203 | $601,181 | $410,923 | $190,258 |
| 2016 | $11,399 | $502,687 | $0 | $0 |
| 2015 | $10,715 | $456,988 | $0 | $0 |
| 2014 | $10,073 | $415,444 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 01/01/2025 01/01/25 | For Sale | $1,850,000 | 0.0% | -- |
| 12/31/2024 12/31/24 | Off Market | $1,850,000 | -- | -- |
| 12/11/2024 12/11/24 | Price Changed | $1,850,000 | -5.1% | -- |
| 03/28/2023 03/28/23 | For Sale | $1,950,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | $107,500 | -- | |
| Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $460,000 | New Conventional | |
| Closed | $450,000 | Credit Line Revolving | |
| Closed | $149,000 | Fannie Mae Freddie Mac | |
| Closed | $100,000 | Credit Line Revolving | |
| Closed | $150,000 | No Value Available |
Source: BeachesMLS
MLS Number: R10877092
APN: 12-43-46-09-24-000-0621
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