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Off market
    • $1,529,000

    214 SE 4th Ave, Delray Beach, FL 33483

    4beds
    1,868sqft
    MultiFamily
    Built in 1947
    -- sqft lot
    $1,529,000 Zestimate®
    $819/sqft
    $5,391 Estimated rent

    Home value

    $1,529,000

    $1.39M - $1.70M

    $5,391/mo

    Zestimate® history
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    What's special

    One of a kind CASH COW, two blocks off ''the Ave'' GUT RENO/4-Unit Investment Prop w/heated pool. All new renovation to the core. Lucrative margins!!! Lux, furnished turnkey Villas...operated as exec or vacation rental. Always full. 5-Star Reviews. ''Melrose Place'' compound w/many repeat guests.NOI >$176K/year in 2020 when 1/2 year was closed to Covid!!! NOI would be double. 9.55% Cap Rate. Can build up- double sq feet- 2nd story.Owner does NOT need to sell, but considering larger project.Before-and-After Reno photos provided upon request & all building plans, books, reviews (4.9), occupancy reports, etc.311 SE 3rd Ave Duplex income producing a few doors down also available, also cash cow and fully renovated.

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced air, Electric
    Cooling
    • Central
    Appliances
    • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
    • Laundry: Common Area, Laundry
    Features
    • Walk-In Closet(s), Kitchen
    • Flooring: Tile
    • Windows: Window Treatments, Drapes, Window Cover
    Interior area
    • Structure area source: Tax Rolls
    • Total interior livable area: 1,868 sqft

    Property

    Parking
    • Parking features: Off-street
    Accessibility
    • Accessibility features: Handicap Access
    Features
    • Patio & porch: Deck, Patio
    • Exterior features: Stucco
    • Pool features: Gunite, In Ground, Heated, Private, Equipment Included, Salt Chlorination, Auto Chlorinator
    • Fencing: Fenced
    Lot
    • Size: 6,625 Square Feet
    • Features: Wooded, Auto Sprinkler, < 1/4 Acre, Zoned Sprinkler
    Details
    • Parcel number: 12434616040950160
    • Zoning: R-1-A(
    • Special conditions: Corporate Owned

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • masonry
    • Roof: Composition
    Condition
    • Resale
    • Year built: 1947

    Utilities & green energy

    • Electric: Electric Meter
    • Water: Public
    • Utilities for property: Electricity Connected, Cable Connected, Phone Not Available

    Community & HOA

    Community
    • Security: Smoke Detector(s), Smoke Detector
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $819/sqft
    • Tax assessed value: $1,016,464
    • Annual tax amount: $19,358
    • Tenant pays: Cable TV, Electricity, Sewer, Water

    Price history

    DateEventPrice
    4/1/2021Sold$1,500,000-14.2%$803/sqft
    Source: BeachesMLS #R10650763 Report a problem
    2/19/2021Pending sale$1,749,000$936/sqft
    Source: BeachesMLS #RX-10650763 Report a problem
    1/30/2021Price change$1,749,000-2.8%$936/sqft
    Source: BeachesMLS #RX-10650763 Report a problem
    9/15/2020Price change$1,800,000-7.7%$964/sqft
    Source: Illustrated Properties #RX10650763 Report a problem
    8/31/2020Listed for sale$1,950,000+275%$1,044/sqft
    Source: Illustrated Properties #RX-10650763 Report a problem
    8/10/2019Listing removed$2,250$1/sqft
    Source: Illustrated Properties Delray Beach #RX-10425577 Report a problem
    4/8/2019Price change$2,250-62.5%$1/sqft
    Source: Illustrated Properties #RX-10425577 Report a problem
    3/15/2019Price change$6,000-13%$3/sqft
    Source: Illustrated Properties #RX-10425577 Report a problem
    10/22/2018Price change$6,900-2.8%$4/sqft
    Source: Illustrated Properties #RX-10427859 Report a problem
    9/28/2018Price change$7,100+230.2%$4/sqft
    Source: Illustrated Properties #RX-10427859 Report a problem
    7/25/2018Listed for rent$2,150$1/sqft
    Source: The Keyes Company #RX-10427859 Report a problem
    6/20/2018Listing removed$2,150$1/sqft
    Source: Zillow Rental Manager Report a problem
    6/8/2018Price change$2,150-21.8%$1/sqft
    Source: Zillow Rental Manager Report a problem
    5/1/2018Price change$2,750+1004.4%$1/sqft
    Source: The Keyes Company #RX-10427859 Report a problem
    4/16/2018Listed for rent$249-64.4%
    Source: Owner Report a problem
    7/20/2017Sold$520,000$278/sqft
    Source: BeachesMLS #R10299732 Report a problem
    4/5/2017Listing removed$520,000$278/sqft
    Source: Reutter Investments Inc. #RX-10299732 Report a problem
    1/18/2017Listed for sale$520,000+48.6%$278/sqft
    Source: Reutter Investments Inc. #RX-10299732 Report a problem
    12/8/2012Listing removed$700
    Source: Reutter Investments Inc. #R3328352 Report a problem
    12/3/2012Listed for rent$700
    Source: Reutter Investments Inc. #R3328352 Report a problem
    8/24/2012Listing removed$700
    Source: Reutter Investments Inc. #R3302901 Report a problem
    8/17/2012Listed for rent$700
    Source: Reutter Investments Inc. #R3302901 Report a problem
    8/20/2008Sold$350,000+321.7%$187/sqft
    Source: Public Record Report a problem
    3/5/1996Sold$83,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$19,358 +5.5%$1,016,464 +3.7%
    2024$18,353 -13.2%$980,216 -10.2%
    2023$21,151 -8.1%$1,090,965 -5.9%
    2022$23,012 +100%$1,159,956 +125.4%
    2021$11,505 +12.6%$514,622 +9.4%
    2020$10,218 +5.9%$470,433 +10%
    2019$9,645 $427,666 +17%
    2018$9,645 +23.9%$365,605 +33.1%
    2017$7,783 +66.8%$274,676 +74.5%
    2016$4,666 +12.4%$157,419 +10%
    2015$4,150 +16.8%$143,108 +10%
    2014$3,552 +23%$130,098 +21%
    2012$2,887 -9.3%$107,519 -9.1%
    2011$3,184 -12.3%$118,266 -13.8%
    2010$3,630 -38.6%$137,224 -43.6%
    2009$5,916 +15.4%$243,337 +4.5%
    2008$5,126 -5.9%$232,916 -9.2%
    2007$5,445 -12.9%$256,536 -5.2%
    2006$6,255 $270,699 +29.3%
    2005-- $209,278 +30.2%
    2004$2,391 +907.1%$160,761 +5.4%
    2003$237 -88.9%$152,458 +94%
    2002$2,129 +27.1%$78,583 +32.3%
    2000$1,675 +25.8%$59,417 +5.8%
    1999$1,332 $56,150
    Find assessor info on the county website

    Neighborhood: Osceola Park

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    Estimated market value
    $1,529,000
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    Estimated market value
    $1,529,000

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