607 Northeast 7th Avenue

Delray Beach, FL 33483

$1,850,000
Price
Beds
3,404 Sq. Ft.
$543 / Sq. Ft.
3,404
Sq. Ft.
$543
per Sq. Ft.

Description

Do not disturb tenants! Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.Do not disturb tenants! Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.
  1. Listed by Ingrid L Kennemer • Coastal Commercial Group, LLC

Property Details for 607 Northeast 7th Avenue

Subdivision
HOFMAN ADD
Waterfront
No
Waterfront Details
None
Style
No Pool/No Water
LISTING UPDATED: 12/11/2024 02:43 PM

Property Details for 607 Northeast 7th Avenue

StatusActive
MLS #RX-10877091
Days on Market635
Taxes$20,068 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Quad Plex
Year Built1971
Lot Size0.22 AC / 9,504 SF
CountyPalm Beach County

Building Information for 607 Northeast 7th Avenue

Stories1Residences4Year Built1971Building Size-Lot Size0.22 AC / 9,504 SF

Property Information for 607 Northeast 7th Avenue

Summary
Location and General Information
  • Property Condition: Resale
  • Directions: From Atlantic Ave go East then make a left on NE 7th Ave property will be on your right.
  • Elementary School: Plumosa School of the Arts
  • Middle School: Carver Middle School
  • High School: Atlantic High School
  • Geo Area: Palm Beach 4630a; 4640b
  • Street Number: 607
  • Subdivision Complex Bldg: HOFMAN ADD
  • Municipal Code: Delray Beach
  • State: FL
  • City Postal ID: 33483
  • MLS Area: 4630
  • MLS Sub Area: PB09
Parking
  • Carport Spaces: 0
Taxes and HOA Information
  • HOPA: No Hopa
  • Tax Year: 2023
Property
Lot Information
  • Area: 4630
  • HOA Amenities: None
  • Lot Description: < 1/4 Acre
  • Parcel ID: 12434609240000621
  • Property Group ID: 19990816212116581394000000
  • REO: No
  • Special Assessment: No
  • Sq Ft Total: 3,404
  • Square Ft Source: Tax Rolls
  • Zoning: RM(cit
Property and Assessments
  • Legal Desc: HOFMAN ADD N 10 FT OF LT 62, LT 63 & S 10 FT OF LT 64
  • Sq Ft Liv Area: 3404.0
  • Legal Description: HOFMAN ADD N 10 FT OF LT 62, LT 63 & S 10 FT OF LT 64
Utilities
  • Utilities: Electric, None, Public Water
Interior and Exterior Features
Exterior Features
  • Construction: Other Construction
  • Exterior Features: None
  • Private Pool: No
  • Storm Protection: None
  • Subdiv Amenities: None
  • Gated Community YN: No
  • Structure Type: Quadruplex
Interior Features
  • Roof: Other
  • Separate Elec Meters: Yes
  • Separate Wtr Meters: Yes
  • Cooling: Electric
  • Flooring: Other
  • Heating: Electric
  • Guest Accommodations: No
Multi Family
Multi-Family Information
  • Income & Expenses: Annual Net Oper Inc: $44,143.00
  • Income & Expenses: Annual Total Expense: $27,557.00
  • Income & Expenses: Gross Operating Inc: $71,700.00
  • Tenant Pays: Electric, Water
Unit 1
  • Unit 1 Desc: Kitchen
  • Unit 1 Info: Bedrooms: 1
  • Unit 1 Info: Full Bath: 1
  • Unit 1 Info: Furnished: No
  • Unit 1 Info: Lease Ends: 03-31-2024
  • Unit 1 Info: Monthly Income: 1,600
  • Unit 1 Info: SqFt: 600.0
  • Unit 1 Parking: Open Parking
Unit 2
  • Unit 2 Desc: Kitchen
  • Unit 2 Info: Bedrooms: 1
  • Unit 2 Info: Full Bath: 1
  • Unit 2 Info: Furnished: No
  • Unit 2 Info: Lease Ends: 12-01-2023
  • Unit 2 Info: Monthly Income: $1,500
  • Unit 2 Info: SqFt: 600.0
  • Unit 2 Parking: Open Parking
Unit 3
  • Unit 3 Desc: Kitchen
  • Unit 3 Info: Bedrooms: 1
  • Unit 3 Info: Full Bath: 1
  • Unit 3 Info: Furnished: No
  • Unit 3 Info: Lease Ends: 03-31-2024
  • Unit 3 Info: Monthly Income: $1,475.00
  • Unit 3 Info: SqFt: 600.0
  • Unit 3 Parking: Open Parking
Unit 4
  • Unit 4 Desc: Kitchen
  • Unit 4 Info: Bedrooms: 2
  • Unit 4 Info: Full Bath: 2
  • Unit 4 Info: Furnished: No
  • Unit 4 Info: Lease Ends: 03-28-2023
  • Unit 4 Info: Monthly Income: $1,400.00
  • Unit 4 Info: SqFt: 1100.0
  • Unit 4 Parking: Open Parking
Rental
Rental Information
  • Pets on Premises: Yes

Property History for 607 Northeast 7th 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 607 Northeast 7th Avenue

Taxable ValueLand$707,355Additions$449,577Total$1,156,932
Tax Record2023$20,068 ($1,672 / month)
Home Facts
Baths4Total Finished SqFt2,860 SqFtAbove Grade Finished SqFt2,860 SqFtStories1Lot Size9,500 SqFtStyleQuadraplexYear Built1971Year Renovated1981ZoningRMCountyPALM BEACHAPN12-43-46-09-24-000-0621

Schools near 607 Northeast 7th 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 5
Rating
School
Distance
Plumosa School Of The Arts
PublicPK to 7

Carver Middle School
Public6 to 8

Atlantic High School
Public9 to 12

S. D. Spady Elementary School
PublicPK to 5

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.

Similar Homes

Sorry, we can't find any similar homes at this time. Please check back later.

Similar Sold Homes

Sorry, we can't find any similar sold homes at this time. Please check back later.

607 Northeast 7th Avenue is a multi-family home for sale in Delray Beach, FL 33483. This property was listed for sale on March 28, 2023 by Coastal Commercial Group, LLC, it's currently listed at $1,850,000. This listing's school district is Palm Beach. Nearby schools include Plumosa School Of The Arts, Carver Middle School and Atlantic High School. 607 Northeast 7th Avenue is a 0-bed, 0-bath, 3,404 sqft multi-family home built in 1971.

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 Coastal Commercial Group, LLC

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.