NOT LISTED FOR SALE

1105 NE 2nd Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $2,777,000 - $2,916,000

0.13 Acre
$21,846,331 Price per Acre
6,250 Sq Ft Lot

Last Sold January 27, 2023

Last sale price $505,000 $432 Per Sq Ft

Est. 462% increase in value since last sale

Current estimated payment $16,412/month

86 Days on Market

Highlights

  • No HOA
  • Landscaped with Trees
  • Fenced

About This Lot

As of January 2023

This is the perfect opportunity to build the home of your dreams on this vacant land.
An architectural construction plan is included in the offer for a two-story, 3,934 square foot home with four bathrooms, five bedrooms, and a two-car garage.
The Pineapple Grove district is booming and street renovations are in the process of being completed, with green bike lanes & new sidewalks reflecting the south of George Bush Blvd area.

Last Listed By

Marvin Arrieta

Coldwell Banker Realty License #3095378 Listed on: 10/31/2022

Coldwell Banker Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $4,422

Year Built

  • 1948

Lot Details

  • 6,250 Sq Ft Lot
  • Dirt Road
  • West Facing Home
  • Fenced
  • Cleared Lot
  • Landscaped with Trees
  • Property is zoned R-1-A (c

Location

  • City Lot

Utilities

  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Dell Park Condos
  • Dell Park Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609280050222

Property Details

Property Type

Land

Est. Annual Taxes

$4,422

Year Built

1948

Lot Details

0

Listing Details

  • Property Type: Land/Boat Docks
  • Property Sub Type: Residential
  • Directions: George Bush Blvd (NE 8th St) north on NE 2nd Avenue to property between 11th & 12th block east side.
  • Horses: No
  • Lot Size Acres: 0.13
  • New Construction: No
  • Road Frontage Type: City/County Maintained, Paved Road
  • Road Surface Type: Paved Road, Paved
  • Structure Type: Residential
  • Subdivision Name: DELL PARK
  • Special Features: VirtualTour
  • Year Built: 1948

Interior Features

  • Possible Use: Investment

Exterior Features

  • Direction Faces: West
  • Fencing: Fenced
  • Lot Features: City Location, Dirt, Sand, Less Than 1/4 Acre Lot, Build To Suit, Cleared, Fenced, Filled, Sidewalk, Street Lights
  • Other Structures: Other Bldg Incl
  • Pool Private: No
  • View: No
  • Waterfront: No

Garage/Parking

  • Park Building Name: DELL PARK

Utilities

  • Sewer: Public Sewer
  • Water Source: Municipal Water
  • Utilities: Sewer Connected, Water Connected, Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available

Condo/Co-op/Association

  • Association: No

Lot Info

  • Parcel Number: 12434609280050222
  • Additional Parcels: No
  • Current Use: Residential, Other Usage
  • Development Status: Recorded Plat
  • Lot Size Sq Ft: 6250
  • Zoning: R-1-A (c
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 4422

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 31, 2022
Closed on
Jan 27, 2023
Sold by
Finesco Llc
Bought by
Nest Builders Invest 1105 Llc
Seller's Agent
Marvin Arrieta
Coldwell Banker Realty
List Price
$539,000
Sold Price
$505,000
Premium/Discount to List
-$34,000
-6.31%
Total Days on Market
86
Views
63
Current Estimated Value
$2,840,023

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$2,335,023
Avg. Annual Appreciation
116.19%

Purchase Details

Listed on
Jun 20, 2018
Closed on
Oct 15, 2019
Sold by
Domus Homes Llc
Bought by
Finesco Llc
Seller's Agent
Cheran Alisa Marek
Douglas Elliman
List Price
$375,000
Sold Price
$300,000
Premium/Discount to List
-$75,000
-20%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
17.15%

Purchase Details

Closed on
Dec 15, 2015
Sold by
Ridolfo Brian and Ridolfo Marie Regine Grace
Bought by
Domus Homes Llc

Purchase Details

Closed on
Dec 27, 2000
Sold by
Vargo Jason M and Vargo M
Bought by
Rodolfo Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
7.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 26, 1996
Sold by
Kent Gary R and Berman Susan Berman
Bought by
Vargo Jason M and Scalzo Danielle M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,950
Interest Rate
8.05%
Mortgage Type
FHA

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 Buyer Sale Price Title Company
Nest Builders Invest 1105 Llc $505,000 --
Finesco Llc $300,000 Trident Title
Domus Homes Llc $210,000 Meridian Intl Title Svcs Cor
Rodolfo Brian $157,500 --
Vargo Jason M $73,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Nest Builders Invest 1105 Llc $1,300,000
Previous Owner Ridolfo Brian $30,000
Previous Owner Ridolfo Brian $114,872
Previous Owner Vargo Jason M $80,000
Previous Owner Vargo Jason M $72,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2023 01/27/23 Sold $505,000 -6.3% $432 / Sq Ft
01/26/2023 01/26/23 Pending -- -- --
10/31/2022 10/31/22 For Sale $539,000 +79.7% $461 / Sq Ft
10/15/2019 10/15/19 Sold $300,000 -20.0% $256 / Sq Ft
09/15/2019 09/15/19 Pending -- -- --
06/20/2018 06/20/18 For Sale $375,000 -- $321 / Sq Ft
Source: MIAMI REALTORS® MLS

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 $6,726 $367,584 -- --
2023 $5,522 $204,974 -- --
2022 $4,422 $186,340 $0 $0
2021 $3,519 $175,000 $175,000 $0
2020 $3,197 $154,000 $154,000 $0
2019 $2,944 $140,000 $140,000 $0
2018 $2,957 $143,707 $143,707 $0
2017 $2,748 $130,643 $130,643 $0
2016 $4,750 $213,645 $0 $0
2015 $1,888 $117,028 $0 $0
2014 $1,896 $116,099 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Marvin Arrieta

    Seller's Agent in 2023

    Marvin Arrieta

    Coldwell Banker Realty

    (305) 609-5719

    2 in this area

    20 Total Sales

    Marvin Arrieta
    Section Image
  • Cheran Alisa Marek

    Seller's Agent in 2019

    Cheran Alisa Marek

    Douglas Elliman

    (561) 870-8855

    11 in this area

    55 Total Sales

    Cheran Alisa Marek
    Section Image
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Map

Source: MIAMI REALTORS® MLS

MLS Number: A11296050

MIAMI REALTORS® MLS

APN: 12-43-46-09-28-005-0222

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

1105 NE 2nd Ave, Delray Beach, FL

Homes for Sale in Delray Beach, FL

This home is located at 1105 NE 2nd Ave, Delray Beach, FL 33444 since 31 October 2022 and is currently estimated at $2,840,023, approximately $2,427 per square foot. This property was built in 1948. 1105 NE 2nd Ave is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.