• 1018 SW 7th Avenue #1018, 1020, 1022, 1024 Delray Beach, FL 33444

  • $620,000

  • 0
    Bed(s)

  • 0
    Baths

  • 2,343
    Sq Ft

A multi-family value-add opportunity with current gross rents of $3,900 per month, $46,800 annual. 6% cap with current rents and opportunity to raise rents to market level!! This property consists of 2 buildings on a double lot with 4 rentable units: 1018 - 2 Bed/1 Bath, 1020 - 1 Bed/ 1 Bath, 1022 - 2 Bed/1 Bath, and 1024 - 1 Bed/ 1 Bath in the Ridgewood Heights submarket of Delray Beach. All units currently occupied with month to month leases allowing an incoming owner to easily raise rents. Perfect for investors, this is an opportunity to own income producing Real Estate in one of the hottest and fast growing markets in South FL. Located in the heart of Delray Beach, just north of Linton, south of the bustling Atlantic Ave, just west of Swinton, east of I-95, and less than 2 miles to th

Property Type : Quad Plex

Subdivision : Southridge

County : Palm Beach

Style : Quad Plex

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Property Details

Building Information

  • Year Built: 1953
  • Total Units: 4
  • Built: Resale

Pool Information

  • Private Pool: No

Lot Information

  • 13,477 Sq. Ft.

Property Information

  • SQ ft: 2,343
  • SQ ft (Living Area): 2,343
  • Property Detail: Quad Plex
  • Subdivision: RIDGEWOOD HEIGHTS

Listing Price Information

  • Original List Price: $620,000

Tax Information

  • Annual Tax: $6,056
  • Tax Year: 2020
  • Parcel Number: 12434620200020240

Southridge Statistics

Total for Sale 2
Average Taxes $3,577
Year Built 1953
Average Days on Market 107
Average Days on Market -Sold 118
List Price to Sales Price Ratio 94.76%
Vacant Land 1

Southridge is a subdivision within the city of Delray Beach, Florida. There are currently 2 Homes for Sale within Southridge, with asking prices ranging from $200,000 to $620,000. The average list price per square foot of the available inventory in Southridge is $265, which is below the Delray Beach average of $506. The Average Sales price of all sold real estate in this subdivision for the past year is $828,132. Recent comparable homes have been selling for 94.76% of their asking price. Waterfront homes represent 0.00% of the available Southridge inventory. The population of Delray Beach, according to the 2010 Census, is 60,522. The total number of households in the zip code of Southridge is 7,925, with an average household size for of 2.53 people. The total number of renter households within the zip code of 33444 is 3,541, which means that 55.32% of households in this zipcode are owner occupant households.

Neighborhood Activity

Find More Statistics And Condos Trends In Southridge

Multifamily For Sale By Owner in Southridge
All For Sale Median Price
1 Bed Multifamily (1) $ 620,000
Multifamily Sold By Owner in Southridge
Sold Median Price
1 Bed Multifamily (3) $ 686,700
Land For Sale By Owner in Southridge
All For Sale Median Price
Land (1) $ 200,000
Homes Sold By Owner in Southridge
Sold Median Price
1 Bed Homes (1) $ 125,000
2 Bed Homes (14) $ 258,671
3 Bed Homes (75) $ 253,525
4 Bed Homes (27) $ 287,020
5+ Bed Homes (1) $ 2,500,000
Condos Sold By Owner in Southridge
Sold Median Price
2 Bed Condos (5) $ 89,760
Townhomes Sold By Owner in Southridge
Sold Median Price
3 Bed Townhomes (1) $ 159,000
Homes For Sale By Owner in 33444
All For Sale Median Price
1 Bed Homes (3) $ 1,350,000
2 Bed Homes (8) $ 709,250
3 Bed Homes (20) $ 951,615
4 Bed Homes (16) $ 1,747,624
5+ Bed Homes (10) $ 2,624,400
Homes Sold By Owner in 33444
Sold Median Price
1 Bed Homes (6) $ 328,602
2 Bed Homes (319) $ 322,105
3 Bed Homes (1317) $ 400,350
4 Bed Homes (521) $ 751,614
5+ Bed Homes (145) $ 978,223
Condos For Sale By Owner in 33444
All For Sale Median Price
1 Bed Condos (4) $ 256,874
2 Bed Condos (13) $ 415,096
3 Bed Condos (3) $ 607,667
Condos Sold By Owner in 33444
Sold Median Price
1 Bed Condos (293) $ 174,729
2 Bed Condos (884) $ 222,638
3 Bed Condos (95) $ 502,809
Townhomes For Sale By Owner in 33444
All For Sale Median Price
2 Bed Townhomes (3) $ 441,592
3 Bed Townhomes (2) $ 334,000
Townhomes Sold By Owner in 33444
Sold Median Price
1 Bed Townhomes (1) $ 159,900
2 Bed Townhomes (164) $ 261,989
3 Bed Townhomes (215) $ 459,755
4 Bed Townhomes (2) $ 459,500
5+ Bed Townhomes (1) $ 424,500
Multifamily For Sale By Owner in 33444
All For Sale Median Price
1 Bed Multifamily (7) $ 1,226,286
Multifamily Sold By Owner in 33444
Sold Median Price
1 Bed Multifamily (180) $ 337,074
5+ Bed Multifamily (1) $ 299,900
Land For Sale By Owner in 33444
All For Sale Median Price
Land (5) $ 1,305,000
Land Sold By Owner in 33444
Sold Median Price
Land (8) $ 844,925
Villa Sold By Owner in 33444
Sold Median Price
1 Bed Villa (2) $ 83,950
2 Bed Villa (7) $ 210,557
3 Bed Villa (1) $ 109,000
4 Bed Villa (2) $ 89,950
5+ Bed Villa (1) $ 1,300,000
Homes For Sale By Owner in Delray Beach
All For Sale Median Price
1 Bed Homes (16) $ 1,397,062
2 Bed Homes (33) $ 516,812
3 Bed Homes (90) $ 850,016
4 Bed Homes (77) $ 1,701,180
5+ Bed Homes (84) $ 13,614,073
Homes Sold By Owner in Delray Beach
Sold Median Price
1 Bed Homes (19) $ 258,616
2 Bed Homes (2177) $ 283,143
3 Bed Homes (6421) $ 456,455
4 Bed Homes (2899) $ 876,524
5+ Bed Homes (1867) $ 4,172,371
Condos For Sale By Owner in Delray Beach
All For Sale Median Price
1 Bed Condos (79) $ 172,671
2 Bed Condos (283) $ 206,019
3 Bed Condos (29) $ 857,427
4 Bed Condos (1) $ 560,000
5+ Bed Condos (1) $ 1,790,000
Condos Sold By Owner in Delray Beach
Sold Median Price
1 Bed Condos (3516) $ 90,537
2 Bed Condos (13612) $ 149,538
3 Bed Condos (1355) $ 396,258
4 Bed Condos (27) $ 1,180,795
5+ Bed Condos (4) $ 485,000
Townhomes For Sale By Owner in Delray Beach
All For Sale Median Price
2 Bed Townhomes (7) $ 426,954
3 Bed Townhomes (26) $ 752,442
4 Bed Townhomes (4) $ 1,356,875
Townhomes Sold By Owner in Delray Beach
Sold Median Price
1 Bed Townhomes (11) $ 138,418
2 Bed Townhomes (930) $ 242,297
3 Bed Townhomes (1747) $ 522,667
4 Bed Townhomes (262) $ 920,730
5+ Bed Townhomes (19) $ 1,067,450
Multifamily For Sale By Owner in Delray Beach
All For Sale Median Price
1 Bed Multifamily (10) $ 1,144,300
Multifamily Sold By Owner in Delray Beach
Sold Median Price
1 Bed Multifamily (285) $ 439,150
5+ Bed Multifamily (1) $ 299,900
Villa For Sale By Owner in Delray Beach
All For Sale Median Price
1 Bed Villa (17) $ 107,965
2 Bed Villa (57) $ 231,263
3 Bed Villa (7) $ 323,243
Villa Sold By Owner in Delray Beach
Sold Median Price
1 Bed Villa (555) $ 71,739
2 Bed Villa (3749) $ 163,791
3 Bed Villa (966) $ 229,135
4 Bed Villa (7) $ 156,529
5+ Bed Villa (2) $ 687,000
Land For Sale By Owner in Delray Beach
All For Sale Median Price
(16) $ 1,810,431
Land Sold By Owner in Delray Beach
Sold Median Price
Land (46) $ 1,452,581

 

Property History Of 1018 SW 7th Avenue #1018, 1020, 1022, 1024

Date Event & Source Price
October 01, 2020 Closed
MLS: RX-10650388
$1,050
September 08, 2020 Price Changed
MLS: RX-10650388
$1,050
August 28, 2020 Active
MLS: RX-10650388
$1,100
September 27, 2019 Closed
MLS: RX-10550675
$369,900
July 31, 2019 Active
MLS: RX-10550675
$369,900
Unlock full property history (2 More Entries)

All listings featuring the BMLS logo are provided by BeachesMLS Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2020 Beaches Multiple Listing Service, Inc

ByOwner last updated this listing 06/24/2021 @ 04:04

MLS: RX-10722958
LISTING PROVIDED COURTESY OF Ahuva Judith New , Boca Expert Realty LLC
SOURCE: Beaches MLS

1018 SW 7th Avenue #1018, 1020, 1022, 1024, Delray Beach FL 33444 is a Multifamily, with 0 bedrooms which is for sale, it has 2,343 sqft, 13,477 sized lot, and 0 parking. A comparable Multifamily, has 0 bedrooms and 0 baths, it was built in and is located at 1018 SW 7th Avenue #1018, 1020, 1022, 1024 Delray Beach FL 33444 and for sale by its owner at $ 620,000. This home is located in the city of Delray Beach , in zip code 33444, this Palm Beach County Multifamily, it is in the Southridge Subdivision, ASTOR and Astor Condo are nearby neighborhoods.

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