$1,600,000
SOLD FEB 28, 2025
0.26 Acre
$6,222,301 Price per Acre
11,201 Sq Ft Lot

Recently Sold

$1,722 Per Sq Ft

3% Below List Price

81 Days on Market

About This Lot

As of February 2025

Exceptional Development Opportunity in the Heart of Palm Trail/George Bush Area!Discover the potential of this prime 0.262-acre parcel, ideally situated in one of the area's most sought-after locations. Approved plans include two sophisticated townhomes designed for modern luxury and lifestyle, offering a combined total of 5,569 SqFt of living space, including 3,561 SqFt of air-conditioned comfort. With demand soaring for upscale residences in this vibrant neighborhood, this is your chance to create a standout project and maximize your investment. Don't miss this rare opportunity to be part of the area's exciting growth!

Last Agent to Sell the Property

Mark Barone

Compass Florida LLC License #3255921 Listed on: 12/06/2024

Compass Florida LLC

Last Buyer's Agent

Gracian Rzedzian

Compass Florida LLC License #3596206

Compass Florida LLC

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $2,865

Lot Details

  • 0.26 Acre Lot
  • Property is zoned RL(cit

Community Details

  • La Hacienda Delray Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609110030091

Property Details

Property Type

Land

Est. Annual Taxes

$2,865

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: NORTH ON FEDERAL HWY, HALF A MILE PAST GOERGE BUSH BLVD ON THE RIGHT - LAKE AVE N
  • Special Features: VirtualTour

Exterior Features

  • Waterfront: No

Lot Info

  • Parcel #: 12434609110030091
  • Development Status: Raw Land
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 11201.0
  • Zoning Description: RL(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2024
  • Tax Annual Amount: 2865.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 6, 2024
Closed on
Feb 28, 2025
Sold by
Shovel Ready Projects Llc
Bought by
Gracian Rzedzian Llc
Seller's Agent
Mark Barone
Compass Florida LLC
Buyer's Agent
Gracian Rzedzian
Compass Florida LLC
List Price
$1,650,000
Sold Price
$1,600,000
Premium/Discount to List
-$50,000
-3.03%
Views
8
Current Estimated Value
$1,558,053

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$41,947
Avg. Annual Appreciation
-4.89%

Purchase Details

Closed on
May 12, 2023
Sold by
Credle Mccall
Bought by
Shovel Ready Projects Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,200,000
Interest Rate
6.32%
Mortgage Type
Balloon

Purchase Details

Closed on
Sep 4, 2001
Sold by
Bailey Derle and Bailey Cecilia
Bought by
Credle Mccall

Purchase Details

Closed on
Dec 1, 2000
Sold by
Blocker Clee R Tr
Bought by
Bailey Derle

Purchase Details

Closed on
Feb 11, 1997
Sold by
Blocker Clee R
Bought by
Blocker Clee R
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $1,600,000 Coastal Abstract And Title Age
Warranty Deed $1,250,000 Crystal Title & Escrow
Warranty Deed $1,250,000 Crystal Title & Escrow
Warranty Deed $145,000 Gateway Title
Warranty Deed $65,000 --
Warranty Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,200,000 Balloon
Previous Owner $100,000 Credit Line Revolving
Previous Owner $300,000 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Closed $0 No Value Available
Closed $14,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/28/2025 02/28/25 Sold $1,600,000 -3.0% $1,722 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
12/06/2024 12/06/24 For Sale $1,650,000 0.0% $1,776 / Sq Ft
01/05/2022 01/05/22 Rented $1,695 -15.0% --
12/06/2021 12/06/21 Under Contract -- -- --
10/29/2021 10/29/21 For Rent $1,995 -- --
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 $17,244 $926,214 -- --
2023 $2,865 $184,059 $0 $0
2022 $2,888 $178,698 $0 $0
2021 $2,870 $173,493 $0 $0
2020 $2,841 $171,098 $0 $0
2019 $2,797 $167,251 $0 $0
2018 $2,667 $164,132 $0 $0
2017 $2,646 $160,756 $0 $0
2016 $1,324 $157,450 $0 $0
2015 $2,711 $156,356 $0 $0
2014 $2,727 $155,115 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R11042964

BeachesMLS

APN: 12-43-46-09-11-003-0091