Perfect investment property with excellent Tenant in-place that has paid the entire year up front $31,800 @ $2650 mo. currently operating at a 7% cap rate!! Newly updated, 2 Bedroom 2 Bath condo in the heart of Delray Beach. Spacious floorplan with formal dining area and separate family room allows for a very cozy feeling, vaulted ceilings in master bedroom, light and bright with abundant windows, and plenty of storage including an outside storage room. Verano at Delray is a Gated community for all ages featuring resort worthy amenities, a clubhouse, pool, and fitness center.
Sold for $320,000
$320,000
1825 Palm Cove Boulevard #7-209, Delray Beach, FL 33445
2beds
1,086sqft
Condominium
Built in 1992
-- sqft lot
$283,300 Zestimate®
$295/sqft
$2,401 Estimated rent
Home value
$283,300
$258,000 - $309,000
$2,401/mo
Zestimate® history
Owner options
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$2,401/mo
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$2,401/mo
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$2,706/mo
Est. payment
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$2,706/mo
Est. payment
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Zillow last checked:
Listing updated:
Listed by:
Rodger P Morelli, MBA 561-929-7317,
RPM LUXE REALTY
Bought with:
Rodger P Morelli, MBA, 3059403
RPM LUXE REALTY
Source: BeachesMLS,MLS#: F10407566
Originating MLS: BeachesMLS
Originating MLS: BeachesMLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Central, Electric
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Water Heater, Washer
- Laundry: Washer Hookup, Dryer Hookup
Features
- Multiple Primary Suites, Multiple En Suite Bathrooms
- Flooring: Other
Interior area
- Total interior livable area: 1,086 sqft
Property
Parking
- Parking features: Guest, Open
- Has uncovered spaces: Yes
- Details: CarportSpaces:0.00
Features
- Entry location: First Floor Entry
- Patio & porch: Open, Balcony
- Exterior features: Balcony, Outdoor Living Area
- Pool features: Association
- Fencing: Fenced
- Has view: Yes
- View description: Garden
Details
- Parcel number: 12434630400072090
- Lease amount: $0
- Special conditions: Listed As-Is
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Block
Condition
- Resale
- New construction: No
- Year built: 1992
Community & HOA
Community
- Features: Gated
- Security: Gated Community, Key Card Entry, Phone Entry, Security Fence
- Pet deposit fee: $0
- Subdivision: Verano Delray
HOA
- Has HOA: Yes
- Amenities included: Bike Storage, Clubhouse, Fitness Center, Maintenance Grounds, Picnic Area, Pool, Trail(s)
- Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Roof
- HOA fee: $512 monthly
Location
- Region: Delray Beach
Financial & listing details
- Price per square foot: $295/sqft
- Tax assessed value: $150,335
- Annual tax amount: $3,284
- Date on market: 11/1/2023
- Cumulative days on market: 166 days
- Listing terms: Cash
Price history
| Date | Event | Price |
|---|---|---|
| 4/26/2024 | Sold | $320,000-1.5%$295/sqft |
Source:  BeachesMLS #F10407566 Report a problem | ||
| 4/21/2024 | Pending sale | $325,000$299/sqft |
Source: BeachesMLS #F10407566 Report a problem | ||
| 2/8/2024 | Price change | $325,000-4.4%$299/sqft |
Source: BeachesMLS #F10407566 Report a problem | ||
| 1/4/2024 | Price change | $340,000-1.4%$313/sqft |
Source: BeachesMLS #F10407566 Report a problem | ||
| 11/11/2023 | Listing removed | -- |
Source: BeachesMLS #F10407371 Report a problem | ||
| 11/1/2023 | Listed for sale | $345,000+43.8%$318/sqft |
Source: BeachesMLS #F10407566 Report a problem | ||
| 10/31/2023 | Listed for rent | $2,600+4%$2/sqft |
Source: BeachesMLS #F10407371 Report a problem | ||
| 7/1/2023 | Listing removed | -- |
Source: BeachesMLS #F10384747 Report a problem | ||
| 6/10/2023 | Listed for rent | $2,500$2/sqft |
Source: BeachesMLS #F10384747 Report a problem | ||
| 4/20/2023 | Sold | $240,000-9.4%$221/sqft |
Source: BeachesMLS #R10834205 Report a problem | ||
| 4/4/2023 | Pending sale | $265,000$244/sqft |
Source: BeachesMLS #RX-10834205 Report a problem | ||
| 3/29/2023 | Contingent | $265,000$244/sqft |
Source: BeachesMLS #RX-10834205 Report a problem | ||
| 2/24/2023 | Price change | $265,000-10.2%$244/sqft |
Source: BeachesMLS #RX-10834205 Report a problem | ||
| 9/24/2022 | Listed for sale | $295,000+27.2%$272/sqft |
Source: BeachesMLS #RX-10834205 Report a problem | ||
| 6/23/2005 | Sold | $231,900$214/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,105 +19.9% | $264,500 +18.3% |
| 2024 | $4,259 +29.7% | $223,500 +56.2% |
| 2023 | $3,284 +15.9% | $143,083 +10% |
| 2022 | $2,834 +11.1% | $130,075 +10% |
| 2021 | $2,552 +8.5% | $118,250 +10% |
| 2020 | $2,352 -3.2% | $107,500 -2.3% |
| 2019 | $2,430 | $110,000 +3.3% |
| 2018 | $2,430 +7.2% | $106,500 +5.4% |
| 2017 | $2,267 +5.8% | $101,000 +18.5% |
| 2016 | $2,142 +8.8% | $85,250 +10% |
| 2015 | $1,968 +9.7% | $77,500 +5.8% |
| 2014 | $1,794 +8.9% | $73,260 +10% |
| 2013 | $1,648 +3.6% | $66,600 +6.4% |
| 2012 | $1,590 +4.3% | $62,600 +6.8% |
| 2011 | $1,524 -7.6% | $58,600 -8% |
| 2010 | $1,649 -23.2% | $63,700 -27.6% |
| 2009 | $2,148 -32.9% | $88,000 -41.3% |
| 2008 | $3,203 -16.9% | $150,000 -19.5% |
| 2007 | $3,855 -13% | $186,250 -5% |
| 2006 | $4,429 | $196,000 |
Find assessor info on the county website
Neighborhood: Cross Winds
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Nearby schools
GreatSchools rating
- 6/10Orchard View Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 1.6 mi
- 5/10Atlantic High SchoolGrades: 9-12Distance: 1.8 mi
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Estimated market value
$283,300
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Estimated market value
$283,300
- Florida
- Palm Beach County
- Delray Beach
- 33445
- Cross Winds
- 1825 Palm Cove Boulevard Unit 7-209
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