327 SE 3rd Ave Delray Beach, FL 33483
Downtown Delray Beach NeighborhoodEstimated payment $6,773/month
Highlights
- Fruit Trees
- Cooling System Mounted To A Wall/Window
- Fenced
- Garden View
- Tile Flooring
- 4-minute walk to 505 Teen Center and Hobbit Skate Park
About This Home
Welcome to the ''multi'' opportunity property at 327 SE 3rd Ave in Osceola Park in Delray Beach (East of Swinton and 3 blocks South of Atlantic Ave). Currently, a $4,000/month income generating duplex, on an oversized 8,293 sq ft lot. This property is perfect for parking 1031 funds and/or building out the 4,200 sq ft single family pool home with detached garage and roof deck with structural integrity to finish out the second story. Full set of plans, builder cost schedule and approvals/permits available upon request. Osceola Park is emerging as the best Delray value play, single family neighborhood with ARV closed prices on new construction quickly approaching $1,000 sq ft.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,305
Year Built
- Built in 1950
Lot Details
- 8,348 Sq Ft Lot
- Lot Dimensions are 64x132
- Fenced
- Fruit Trees
Home Design
- Duplex
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,443 Sq Ft Home
- 1-Story Property
- Single Hung Metal Windows
- Tile Flooring
- Garden Views
Schools
- Pine Grove Elementary School
- Carver; G.W. Middle School
- Atlantic Technical High School
Utilities
- Cooling System Mounted To A Wall/Window
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 12434616040960071
Community Details
Overview
- 2 Units
- Linns Subdivision
Building Details
- Operating Expense $15,250
- Net Operating Income $32,750
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 | $14,305 | $769,531 | -- | -- |
| 2023 | $15,157 | $786,987 | $519,849 | $267,138 |
| 2022 | $7,464 | $252,072 | $0 | $0 |
| 2021 | $6,072 | $406,224 | $280,000 | $126,224 |
| 2020 | $5,234 | $345,406 | $270,000 | $75,406 |
| 2019 | $5,166 | $358,718 | $300,000 | $58,718 |
| 2018 | $4,117 | $260,314 | $192,786 | $67,528 |
| 2017 | $3,747 | $222,660 | $160,655 | $62,005 |
| 2016 | $3,330 | $132,197 | $0 | $0 |
| 2015 | $2,915 | $120,179 | $0 | $0 |
| 2014 | $2,803 | $109,254 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/31/2025 03/31/25 | For Sale | $3,500,000 | +250.0% | $817 / Sq Ft |
| 03/31/2025 03/31/25 | For Sale | $999,995 | 0.0% | $693 / Sq Ft |
| 09/30/2023 09/30/23 | Rented | $2,000 | -11.1% | -- |
| 07/26/2023 07/26/23 | Price Changed | $2,250 | -10.0% | $3 / Sq Ft |
| 06/10/2023 06/10/23 | For Rent | $2,500 | 0.0% | -- |
| 04/29/2022 04/29/22 | Sold | $950,000 | -1.0% | $658 / Sq Ft |
| 03/30/2022 03/30/22 | Pending | -- | -- | -- |
| 11/04/2021 11/04/21 | For Sale | $960,000 | +1261.7% | $665 / Sq Ft |
| 05/10/2012 05/10/12 | Sold | $70,500 | +3.8% | $73 / Sq Ft |
| 04/10/2012 04/10/12 | Pending | -- | -- | -- |
| 04/03/2012 04/03/12 | For Sale | $67,900 | -- | $71 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $950,000 | Equity Land Title | |
| Quit Claim Deed | -- | Attorney | |
| Special Warranty Deed | $70,500 | Consumer Title & Escrow Serv | |
| Trustee Deed | $80,100 | None Available | |
| Warranty Deed | $67,000 | -- | |
| Warranty Deed | $53,000 | -- | |
| Quit Claim Deed | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $180,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $75,000 | Unknown | |
| Previous Owner | $58,841 | Credit Line Revolving | |
| Previous Owner | $48,837 | No Value Available |
Source: BeachesMLS
MLS Number: R11076759
APN: 12-43-46-16-04-096-0071
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