NEW CONSTRUCTION
$100K PRICE DROP
508 NE 7th Ave Delray Beach, FL 33483
Downtown Delray Beach NeighborhoodEstimated payment $27,730/month
Total Views
16,595
4
Beds
6
Baths
4,586
Sq Ft
$1,036
Price per Sq Ft
Highlights
- Home Theater
- Saltwater Pool
- High Ceiling
- New Construction
- Wood Flooring
- Great Room
About This Home
In Delray Beach's sought-after Palm Trail neighborhood, 508 NE 7th Avenue, Delray Beach, FL 33483 is a modernist masterpiece by Stamm Development Group. This expansive 4-bedroom, 4.2-bathroom single-family home with an additional flex room, offers 5,531 total square feet of luxurious living,.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,615
Year Built
- Built in 2024 | New Construction
Lot Details
- 6,399 Sq Ft Lot
- Sprinkler System
- Property is zoned RM(cit
Parking
- 2 Car Garage
- Garage Door Opener
Interior Spaces
- 4,586 Sq Ft Home
- 2-Story Property
- Wet Bar
- High Ceiling
- Entrance Foyer
- Great Room
- Formal Dining Room
- Home Theater
- Den
Kitchen
- Breakfast Area or Nook
- Eat-In Kitchen
- Gas Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 4 Bedrooms
- Dual Sinks
- Separate Shower in Primary Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Tub
Outdoor Features
- Saltwater Pool
- Patio
- Outdoor Grill
Utilities
- Forced Air Zoned Heating and Cooling System
- Gas Water Heater
Community Details
- Hofman Add Subdivision
- Elevator
Listing and Financial Details
- Assessor Parcel Number 12434609240000540
- Seller Considering Concessions
Map
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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 | $51,918 | $2,822,988 | -- | -- |
| 2023 | $13,433 | $707,355 | $707,355 | $0 |
| 2022 | $14,157 | $703,038 | $0 | $0 |
| 2021 | $15,617 | $751,830 | $665,500 | $86,330 |
| 2020 | $15,065 | $718,278 | $605,000 | $113,278 |
| 2019 | $14,725 | $713,156 | $605,000 | $108,156 |
| 2018 | $12,993 | $626,121 | $546,378 | $79,743 |
| 2017 | $12,357 | $609,309 | $530,464 | $78,845 |
| 2016 | $11,493 | $512,882 | $0 | $0 |
| 2015 | $10,657 | $466,256 | $0 | $0 |
| 2014 | $10,298 | $442,616 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/25/2025 03/25/25 | Price Changed | $4,750,000 | -2.1% | $1,036 / Sq Ft |
| 03/20/2025 03/20/25 | For Sale | $4,850,000 | -- | $1,058 / Sq Ft |
Source: BeachesMLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $1,525,000 | Attorney | |
| Warranty Deed | -- | Attorney | |
| Warranty Deed | $180,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Closed | $6,300,000 | Construction | |
| Closed | $1,010,000 | Commercial | |
| Previous Owner | $370,000 | Purchase Money Mortgage | |
| Previous Owner | $140,000 | Unknown | |
| Previous Owner | $138,000 | Balloon |
Source: Public Records
About the Listing Agent
A native of Boca Raton, John Hackett currently spearheads SDG|RE as Managing Director and qualifying Broker of Record. With 25 years of experience in development sales, commercial real estate and luxury residential real estate sales and marketing across South Florida, there are few real estate professionals that can match John’s knowledge of the many faces of the real estate business.
From recruiting top-performing agents and advancing them through all phases of business growth, to
John's Other Listings
Source: BeachesMLS
MLS Number: R11073303
APN: 12-43-46-09-24-000-0540
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