$1,275,000
SOLD OCT 30, 2024

5901 NE 7th Ave Boca Raton, FL 33487

Delray Manors Neighborhood
-- Bed
-- Bath
2,508 Sq Ft
0.32 Acres

Recently Sold

$508 Per Sq Ft

9% Below List Price

54 Days on Market

Highlights

  • 13,979 Sq Ft lot
  • Patio
  • Central Heating and Cooling System
  • Boca Raton Community Middle School Rated A-
  • Tile Flooring
  • Ceiling Fan

About This Home

As of October 2024

Rare Opportunity in East Boca Raton! This stunning modern duplex features a private pool and a beautifully landscaped, fenced backyard, perfect for relaxation and entertainment. Ideally located between downtown Boca Raton and Delray Beach's vibrant Atlantic Ave, this turn-key investment is a must-see!!Unit one- 3 bedroom, 3 bath with 1 car garage, currently leased immediate incomeUnit Two: 3 bedroom, 2 bath with 1 car garage.Each unit is equipped with a washer and dryer and boasts a contemporary kitchen with modern appliances. Don't miss out on this exceptional property!

Last Agent to Sell the Property

SUSIE DEGIRMENCIAN

Spanish River Realty, Inc. License #3492284

Last Buyer's Agent

SUSIE DEGIRMENCIAN

Spanish River Realty, Inc. License #3492284

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,332

Year Built

  • Built in 1972

Lot Details

  • 0.32 Acre Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Garage

Home Design

  • Duplex
  • Concrete Roof

Interior Spaces

  • 2,508 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Tile Flooring

Outdoor Features

  • Patio

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 06434705020200220

Community Details

Overview

  • 2 Units
  • Delray Mnr Subdivision

Building Details

  • Operating Expense $30,000
  • Net Operating Income $66,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,332

Year Built

Built in 1972

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential Income
  • Property Sub Type: Duplex
  • Property Sub Type Additional: Duplex
  • Directions: US 1 aka Federal Highway North of Yamato Road to Jeffrey Street. Turn Right to NE 7th Ave. Turn Left. Property is on the corner.
  • Year Built: 1972
  • Unit Levels: One
  • Building Stories: 1
  • Year Built Details: Resale
  • Special Features: VirtualTour
  • Stories: 1

Interior Features

  • Flooring: Tile
  • Living Area: 2508.0

Exterior Features

  • Exterior Features: Fence, Patio
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool
  • Waterfront: No
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes

Utilities

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

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Association Fee Frequency: Monthly

Lot Info

  • Parcel #: 06434705020200220
  • Lot Size: 1/4 to 1/2 Acre
  • Lot Size Sq Ft: 13979.0
  • Zoning Description: R2(cit
  • ResoLotSizeUnits: SquareFeet

Rental Info

  • Tenant Pays: Exterior Electric

Multi Family

  • Property Net Operating Income: 66000.0
  • Number Of Units Total: 2
  • Annual Operating Expense: 30000.0

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15332.0

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2024 10/30/24 Sold $1,275,000 -8.9% $508 / Sq Ft
10/12/2024 10/12/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $1,399,000 +49.6% $558 / Sq Ft
08/23/2021 08/23/21 Sold $935,000 +1.1% $358 / Sq Ft
07/24/2021 07/24/21 Pending -- -- --
07/16/2021 07/16/21 For Sale $925,000 -- $354 / Sq Ft
Source: BeachesMLS

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 $15,904 $898,609 -- --
2023 $15,332 $816,917 $425,562 $514,892
2022 $13,551 $742,652 $0 $0
2021 $9,011 $500,141 $192,100 $308,041
2020 $6,489 $373,066 $170,000 $203,066
2019 $6,835 $382,000 $0 $0
2018 $6,369 $373,191 $176,081 $197,110
2017 $4,246 $282,521 $0 $0
2016 $4,047 $217,968 $0 $0
2015 $4,148 $205,989 $0 $0
2014 $3,442 $194,953 $0 $0
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $701,250 New Conventional
Previous Owner $63,800 Credit Line Revolving
Previous Owner $510,400 New Conventional
Previous Owner $64,000 Credit Line Revolving
Previous Owner $441,849 No Value Available
Previous Owner $250,000 No Value Available
Source: Public Records

Deed History

Date Type Sale Price Title Company
Warranty Deed $1,275,000 None Listed On Document
Warranty Deed $1,275,000 None Listed On Document
Warranty Deed $935,000 Florida Title & Closing Co
Warranty Deed $450,000 Attorney
Warranty Deed -- Attorney
Warranty Deed -- Attorney
Warranty Deed -- None Available
Warranty Deed $150,000 --
Source: Public Records

Source: BeachesMLS

MLS Number: R11013848

BeachesMLS

APN: 06-43-47-05-02-020-0220

Florida Palm Beach County Boca Raton 33487 Delray Manors

5901 NE 7th Ave, Boca Raton, FL

Homes for Sale in Boca Raton, FL

This home is located at 5901 NE 7th Ave, Boca Raton, FL 33487 and is currently priced at $1,275,000, approximately $508 per square foot. This property was built in 1972. 5901 NE 7th Ave is a home located in Palm Beach County with nearby schools including J. C. Mitchell Elementary School, Boca Raton Community Middle School, and Boca Raton Community 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.

BeachesMLS 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.