114 Southwest 9th Avenue

Delray Beach, FL 33444

$819,000
Price
Beds
1,272 Sq. Ft.
$644 / Sq. Ft.
1,272
Sq. Ft.
$644
per Sq. Ft.

Description

This well-positioned duplex offers exceptional investment potential, situated within a designated opportunity zone that provides three distinct tax benefits for investors. Occupying a 0.15-acre lot in the vibrant heart of Delray Beach, the property is strategically located in a rapidly redeveloping area with new developments enhancing property value and rents. This property also boasts an exceptional location, just moments away from the iconic Atlantic Avenue. The duplex generates substantial rental...This well-positioned duplex offers exceptional investment potential, situated within a designated opportunity zone that provides three distinct tax benefits for investors. Occupying a 0.15-acre lot in the vibrant heart of Delray Beach, the property is strategically located in a rapidly redeveloping area with new developments enhancing property value and rents. This property also boasts an exceptional location, just moments away from the iconic Atlantic Avenue. The duplex generates substantial rental income from both units, making it a compelling opportunity for investors. We invite you to explore this promising asset.
  1. Listed by Osman G Arango • The Corcoran Group
  2. Listed by Cameron L Sydenham • The Corcoran Group

Property Details for 114 Southwest 9th Avenue

Subdivision
LINCOLN PARK IN
Waterfront
No
Waterfront Details
None
View
Garden
Style
No Pool/No Water
LISTING UPDATED: 09/12/2024 01:53 PM

Property Details for 114 Southwest 9th Avenue

StatusActive
MLS #RX-11019766
Days on Market102
Taxes$4,951 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Duplex
Year Built1955
Lot Size0.16 AC / 6,782 SF
CountyPalm Beach County

Building Information for 114 Southwest 9th Avenue

Stories1Residences2Year Built1955Building Size-Lot Size0.16 AC / 6,782 SF

Property Information for 114 Southwest 9th Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: 1 Block south of Atlantic Avenue on SW 9th Avenue
  • Elementary School: Plumosa School of the Arts
  • Middle School: Carver Middle School
  • High School: Atlantic High School
  • Geo Area: Palm Beach 4220a; 4230b; 4360a; 4370b
  • Street Number: 114
  • Subdivision Complex Bldg: LINCOLN PARK IN
  • Municipal Code: Delray Beach
  • State: FL
  • City Postal ID: 33444
  • MLS Area: 4470
  • MLS Sub Area: PB06
Parking
  • Carport Spaces: 2
  • Garage Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
  • Maintenance Fee Incl: None
Property
Lot Information
  • Area: 4470
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre, Paved Road, Public Road, Sidewalks
  • Parcel ID: 12434617380000160
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 1,272
  • Square Ft Source: Appraisal
  • Zoning: RM (city)/MULT
Property and Assessments
  • Legal Desc: LINCOLN PARK, DELRAY LT 16
  • Sq Ft Liv Area: 1272.0
  • Legal Description: LINCOLN PARK, DELRAY LT 16
Utilities
  • Utilities: Public Sewer, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Cbs Construction
  • Exterior Features: Fence, Open Porch
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Duplex
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Wall-Win A/C
  • Flooring: Ceramic Tile
  • Heating: Window/Wall
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $.00
  • Income & Expenses: Annual Total Expense: $.00
  • Income & Expenses: Gross Operating Inc: $52,800.00
  • Tenant Pays: Cable, Electric, Sewer, Water
Unit 1
  • Unit 1 Desc: Kitchen, Range - Electric, Refrigerator
  • Unit 1 Info: Bedrooms: 2
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Monthly Income: 2,200
  • Unit 1 Info: SqFt: 636.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Kitchen, Range - Electric, Refrigerator
  • Unit 2 Info: Bedrooms: 2
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Monthly Income: $2,200
  • Unit 2 Info: SqFt: 636.0
  • Unit 2 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: No

Property History for 114 Southwest 9th Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 114 Southwest 9th Avenue

Taxable ValueLand$175,960Additions$207,863Total$383,823
Tax Record2023$4,951 ($413 / month)
Home Facts
Baths2Total Finished SqFt1,272 SqFtAbove Grade Finished SqFt1,272 SqFtStories1Lot Size6,782 SqFtStyleDuplexYear Built1955Year Renovated1990ZoningRMCountyPALM BEACHAPN12-43-46-17-38-000-0160

Schools near 114 Southwest 9th Avenue

This home is within Palm Beach.
Rating
School
Type
Grades
Distance
Public - PK to 7
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Plumosa School Of The Arts
PublicPK to 7

Carver Middle School
Public6 to 8

Atlantic High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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114 Southwest 9th Avenue is a multi-family home for sale in Delray Beach, FL 33444. This property was listed for sale on September 10, 2024 by The Corcoran Group, it's currently listed at $819,000. It has been on the market for a total of 102 days and was last sold on December 8, 2014. This listing's school district is Palm Beach. Nearby schools include Plumosa School Of The Arts, Carver Middle School and Atlantic High School. 114 Southwest 9th Avenue is a 0-bed, 0-bath, 1,272 sqft multi-family home built in 1955.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of The Corcoran Group

Based on information from one of the following Multiple Listing Services: Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS®. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by Beaches Multiple Listing Service, Inc., Martin County REALTORS® of the Treasure Coast, Inc., Miami Association of REALTORS® is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.