NOT LISTED FOR SALE

702 Avocet Rd Delray Beach, FL 33444

Tropic Palms Neighborhood

Estimated Value: $941,111 - $1,015,000

3 Beds
2.5 Baths
2,168 Sq Ft
$451/Sq Ft Est. Value

Last Sold September 30, 2024

Last sale price $1,000,000 $461 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $6,170/month

1 Day on Market

Highlights

  • 93 Feet of Waterfront
  • Private Pool
  • Wood Flooring
  • Boca Raton High School Rated A
  • Canal Access
  • Sun or Florida Room

About This Home

As of September 2024

Discover this exceptional waterfront home in the sought-after Tropic Palms community of East Delray, where luxury meets convenience with no HOA. this move-in-ready gem features stunning wide-water views, a modern gourmet kitchen with stainless steel appliances, quartz countertops, and fresh, contemporary finishes.Enjoy the private backyard oasis with 94 ft canal access to three wide recreational lakes--ideal for fishing, jet skiing, and boating. This property also boasts a mini-golf area, oversized pool, and tiki hut with a built-in TV and commercial-grade fans.Located near beaches, dining, and nightlife in Delray Beach and Boca Raton, this home is perfect for first time home buyers, investors or Airbnb opportunities. Priced for a quick sale, it's a unique opportunity

Last Agent to Sell the Property

Sydney Schwartz

Douglas Elliman License #3568642 Listed on: 08/26/2024

Douglas Elliman

Co-Listed By

Jill Schwartz

Douglas Elliman License #3463923

Last Buyer's Agent

Curtis Bennett

Coldwell Banker Realty /Delray Beach License #3404594

Coldwell Banker Realty /Delray Beach

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,064

Year Built

  • Built in 1975

Lot Details

  • 93 Feet of Waterfront
  • Lake Front
  • Fenced
  • Property is zoned R-1-AA

Parking

  • Circular Driveway

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,168 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Ceiling Fan
  • Family Room
  • Sun or Florida Room
  • Wood Flooring
  • Home Security System

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Dual Sinks

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Canal Access
  • Shed

Utilities

  • Central Heating and Cooling System

Community Details

  • Tropic Palms O1 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434629020000150
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,064

Year Built

Built in 1975

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 1975
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Disposal, Gas Range, Refrigerator, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Hardwood, Wood
  • Living Area: 2168.0
  • Dining Room Type: Family Room, Florida Room
  • Stories: 1

Exterior Features

  • Exterior Features: Fence, Shed
  • Road Frontage Type: Waterfront
  • Lot Features: < 1/4 Acre
  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Lake Front
  • Waterfront: Yes
  • Construction Type: Block
  • Other Structures: Shed(s)
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Parking Features: Circular Driveway, Driveway

Utilities

  • Security: Security System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Parcel #: 12434629020000150
  • Lot Size: < 1/4 Acre
  • Zoning Description: R-1-AA

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 7064.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2024
Closed on
Sep 27, 2024
Sold by
Melnick Brooke Taff and Melnick Matthew
Bought by
Shining Star 796 Llc
Seller's Agent
Sydney Schwartz
Douglas Elliman
Buyer's Agent
Curtis Bennett
Coldwell Banker Realty /Delray Beach
List Price
$930,000
Sold Price
$1,000,000
Premium/Discount to List
$70,000
7.53%
Current Estimated Value
$978,528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$21,472
Avg. Annual Appreciation
-1.63%
Original Mortgage
$700,000
Outstanding Balance
$690,559
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$287,969

Purchase Details

Listed on
Aug 26, 2024
Closed on
Aug 19, 2024
Sold by
Melnick Matthew R
Bought by
Melnick Brooke Taff
Seller's Agent
Sydney Schwartz
Douglas Elliman
Buyer's Agent
Curtis Bennett
Coldwell Banker Realty /Delray Beach
List Price
$930,000
Sold Price
$1,000,000
Premium/Discount to List
$70,000
7.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Outstanding Balance
$690,559
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$287,969

Purchase Details

Listed on
May 17, 2023
Closed on
Aug 11, 2023
Sold by
Balawajder Gregory J and Balawajder Claire A
Bought by
Melnick Matthew R and Melnick Brooke Taff
Seller's Agent
Beau Beckett
Beckett Realty Advisors, LLC
Buyer's Agent
Judith Weinstein
Lang Realty/ BR
List Price
$1,095,000
Sold Price
$1,155,000
Premium/Discount to List
$60,000
5.48%
Views
56

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-12.28%
Original Mortgage
$660,000
Interest Rate
6.81%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 4, 2017
Closed on
Feb 28, 2018
Sold by
Raimondi Jack C and Saalfeld Margit Von
Bought by
Balawajder Gregory John and Balawajder Claire Alysse
Seller's Agent
Anthony Petrolia
RE/MAX Services
Buyer's Agent
Anthony Petrolia
RE/MAX Services
List Price
$469,900
Sold Price
$455,000
Premium/Discount to List
-$14,900
-3.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.49%
Original Mortgage
$432,250
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 25, 2017
Sold by
Raimondi Jack C and Von Saalfeld Margit
Bought by
Raimondi Jack C and Van Saalfeld Margit

Purchase Details

Listed on
Mar 30, 2015
Closed on
Jul 31, 2015
Sold by
Newton Martha S
Bought by
Raimondi Jack R and Saalfeld Margit Von
Seller's Agent
Anthony Petrolia
RE/MAX Services
Buyer's Agent
Troy Salvo
Salvo Real Estate Services
List Price
$399,900
Sold Price
$410,000
Premium/Discount to List
$10,100
2.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.65%
Original Mortgage
$200,000
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 30, 1996
Sold by
Graham Graham M and Graham Charlotte S
Bought by
Newton Martha S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 1994
Sold by
Garcia Ramon R and Garcia Juana L
Bought by
Garland Graham M and Garland Charlotte S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,500
Interest Rate
9.01%
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
Shining Star 796 Llc $1,000,000 None Listed On Document
Melnick Brooke Taff $163,600 None Listed On Document
Melnick Matthew R $1,155,000 Weston Title & Escrow
Melnick Matthew R $1,155,000 Weston Title & Escrow
Balawajder Gregory John $455,000 Corporate Title Inc
Raimondi Jack C -- None Available
Raimondi Jack R $410,000 Corporate Title Inc
Newton Martha S $135,000 --
Garland Graham M $138,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shining Star 796 Llc $700,000
Previous Owner Melnick Matthew R $660,000
Previous Owner Balawajder Gregory John $432,250
Previous Owner Raimondi Jack R $200,000
Previous Owner Newton Martha S $100,000
Previous Owner Garland Graham M $131,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/30/2024 09/30/24 Sold $1,000,000 +7.5% $461 / Sq Ft
09/03/2024 09/03/24 Pending -- -- --
09/02/2024 09/02/24 For Sale $930,000 -19.5% $429 / Sq Ft
08/25/2023 08/25/23 Sold $1,155,000 +5.5% $533 / Sq Ft View Prior Sale
07/05/2023 07/05/23 Pending -- -- --
05/22/2023 05/22/23 For Sale $1,095,000 +140.7% $505 / Sq Ft
02/28/2018 02/28/18 Sold $455,000 -3.2% $210 / Sq Ft View Prior Sale
01/29/2018 01/29/18 Pending -- -- --
12/04/2017 12/04/17 For Sale $469,900 +14.6% $217 / Sq Ft
07/31/2015 07/31/15 Sold $410,000 +2.5% $189 / Sq Ft View Prior Sale
07/01/2015 07/01/15 Pending -- -- --
03/30/2015 03/30/15 For Sale $399,900 -- $184 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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
2025 $13,071 $700,523 -- --
2024 $13,071 $698,768 -- --
2023 $7,191 $403,503 $0 $0
2022 $7,064 $391,750 $0 $0
2021 $7,076 $380,340 $165,000 $215,340
2020 $7,124 $379,883 $165,000 $214,883
2019 $7,081 $373,833 $157,500 $216,333
2018 $7,350 $353,180 $152,159 $201,021
2017 $4,916 $269,574 $0 $0
2016 $4,935 $264,029 $0 $0
2015 $3,448 $188,332 $0 $0
2014 $3,467 $186,837 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2024

    Sydney Schwartz

    Douglas Elliman

    (301) 646-0204

    1 in this area

    9 Total Sales

    Sydney Schwartz
    Section Image
  • Jill Schwartz

    Seller Co-Listing Agent in 2024

    Jill Schwartz

    Douglas Elliman

    (301) 758-7225

    1 in this area

    28 Total Sales

    Jill Schwartz
    Section Image

  • C

    Buyer's Agent in 2024

    Curtis Bennett

    Coldwell Banker Realty /Delray Beach

    (561) 278-0300

    2 in this area

    170 Total Sales

    Curtis Bennett
    Section Image
  • Beau Beckett

    Seller's Agent in 2023

    Beau Beckett

    Beckett Realty Advisors, LLC

    (954) 900-9811

    2 in this area

    67 Total Sales

    Beau Beckett
    Section Image
  • Scott Collins

    Seller Co-Listing Agent in 2023

    Scott Collins

    Beckett Realty Advisors, LLC

    (858) 245-9648

    2 in this area

    17 Total Sales

    Scott Collins
    Section Image

  • J

    Buyer's Agent in 2023

    Judith Weinstein

    Lang Realty/ BR

    (561) 702-6746

    1 in this area

    18 Total Sales

    Judith Weinstein
    Section Image
See All Agents

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R11016770

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-29-02-000-0150

Florida Palm Beach County Delray Beach 33444 Tropic Palms

702 Avocet Rd, Delray Beach, FL

Not Listed for Sale

Detached

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