Delray Drift is an 8 Unit multifamily located minutes from downtown Atlantic Avenue and beaches. The property is comprised of (4)2br/1ba and (4)1 br/1br housed in two buildings, with coin operated laundry, impact windows, central a/c, off street tenant parking, and lounge/patio for tenants enjoyment. Rents are currently below market, with 3 units on mtm. 1/1 should be $2200 +/- and 2br $2500 +/- per the high demand and pricing of downtown Delray Beach. Great opportunity to raise rents with no differed maintnance or capex needed to achieve market rate. PLEASE SEE ATTACHMENTS FOR OFFERING PACKAGE
Sold for $2,500,000
$2,500,000
242 NE 12th St, Delray Beach, FL 33444
2beds
2baths
6,779sqft
Quadruplex
Built in 1969
-- sqft lot
$2,773,500 Zestimate®
$369/sqft
$2,873 Estimated rent
Home value
$2,773,500
$2.39M - $3.24M
$2,873/mo
Zestimate® history
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$2,873/mo
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$2,873/mo
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$17,032/mo
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Zillow last checked:
Listing updated:
Listed by:
Alexis Shapiro 954-573-4449,
ONE Commercial LLC
Bought with:
Joshua Grove, 3269984
Home Sales Palm Beach
Source: MIAMI,MLS#: A11492388
Originating MLS: A-Miami Association of REALTORS
Originating MLS: A-Miami Association of REALTORSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Central
Cooling
- Central Air
Features
- Flooring: Tile, Vinyl
Interior area
- Total structure area: 6,779
- Total interior livable area: 6,779 sqft
Property
Parking
- Total spaces: 12
Features
- Stories: 2
Lot
- Features: 1/4 To Less Than 1/2 Acre Lot
Details
- Parcel number: 12434609280050100
- Zoning: R-1-A (c
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Concrete Block Construction
- Roof: Barrel Roof
Condition
- Updated/Remodeled
- Year built: 1969
Utilities & green energy
- Sewer: Public Sewer
Community & neighborhood
Location
- Region: Delray Beach
- Subdivision: Dell Park
Other
Other facts
- Listing terms: All Cash,Conventional,1031 Exchange
Price history
| Date | Event | Price |
|---|---|---|
| 7/26/2024 | Listing removed | -- |
Source: BeachesMLS #R10980129 Report a problem | ||
| 7/8/2024 | Price change | $1,800-5.3% |
Source: BeachesMLS #R10980129 Report a problem | ||
| 5/24/2024 | Price change | $1,900-5% |
Source: BeachesMLS #R10980129 Report a problem | ||
| 4/20/2024 | Listed for rent | $2,000+73.9% |
Source: BeachesMLS #R10980129 Report a problem | ||
| 2/15/2024 | Sold | $2,500,000-3.8%$369/sqft |
Source:  MIAMI #A11492388 Report a problem | ||
| 1/22/2024 | Contingent | $2,600,000$384/sqft |
Source: MIAMI #A11492388 Report a problem | ||
| 11/28/2023 | Listed for sale | $2,600,000+20.9%$384/sqft |
Source: MIAMI #A11492388 Report a problem | ||
| 7/7/2022 | Sold | $2,150,000+60.4%$317/sqft |
Source: Public Record Report a problem | ||
| 1/5/2021 | Sold | $1,340,000+78.7%$198/sqft |
Source: Public Record Report a problem | ||
| 5/21/2020 | Listing removed | $1,150 |
Source: Imajin Partners LLC Report a problem | ||
| 4/20/2020 | Price change | $1,150-4.2% |
Source: Imajin Partners LLC Report a problem | ||
| 4/10/2020 | Listed for rent | $1,200-14.3% |
Source: Imajin Partners LLC Report a problem | ||
| 3/6/2017 | Listing removed | $1,400 |
Source: Owner Report a problem | ||
| 3/6/2017 | Price change | $1,400+27.3% |
Source: Owner Report a problem | ||
| 2/17/2017 | Price change | $1,100-21.4% |
Source: Owner Report a problem | ||
| 2/1/2017 | Listed for rent | $1,400 |
Source: Owner Report a problem | ||
| 10/23/2012 | Sold | $750,000-40%$111/sqft |
Source: Public Record Report a problem | ||
| 12/13/2006 | Sold | $1,250,000+31.6%$184/sqft |
Source: Public Record Report a problem | ||
| 6/27/2006 | Sold | $950,000+163.2%$140/sqft |
Source: Public Record Report a problem | ||
| 8/9/1999 | Sold | $361,000$53/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $34,257 +40.2% | $1,787,124 +39.2% |
| 2024 | $24,440 -37.1% | $1,284,018 -51.8% |
| 2023 | $38,835 +32.7% | $2,663,144 +111.3% |
| 2022 | $29,258 +21.8% | $1,260,327 +10% |
| 2021 | $24,024 -8% | $1,145,752 -5.7% |
| 2020 | $26,112 +10.4% | $1,214,694 +10% |
| 2019 | $23,643 | $1,104,267 +1.5% |
| 2018 | $23,643 +8.8% | $1,087,969 +12.6% |
| 2017 | $21,731 +8.2% | $966,545 +16.2% |
| 2016 | $20,077 +3.6% | $831,722 +10% |
| 2015 | $19,376 +17.6% | $756,111 +10% |
| 2014 | $16,473 +95.7% | $687,374 +110.4% |
| 2012 | $8,416 +3.2% | $326,625 +5.6% |
| 2011 | $8,154 -6.4% | $309,360 -7% |
| 2010 | $8,716 -11.6% | $332,631 -16.1% |
| 2009 | $9,863 -20.8% | $396,247 -30.4% |
| 2008 | $12,447 -1% | $569,234 -3.9% |
| 2007 | $12,573 -13.8% | $592,631 -6.2% |
| 2006 | $14,578 +141.2% | $631,506 +55.4% |
| 2004 | $6,043 +1000.1% | $406,356 +15.1% |
| 2003 | $549 -91.1% | $352,975 +51.7% |
| 2002 | $6,153 -7.4% | $232,745 -6.8% |
| 2001 | $6,647 +51.3% | $249,859 +34.9% |
| 1999 | $4,394 | $185,220 |
Find assessor info on the county website
Neighborhood: Seacrest
Nearby schools
GreatSchools rating
- 7/10Plumosa School Of The ArtsGrades: PK-8Distance: 0.7 mi
- 5/10Atlantic High SchoolGrades: 9-12Distance: 2 mi
- 3/10Carver Middle SchoolGrades: 6-8Distance: 2.9 mi
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Estimated market value
$2,773,500
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$2,773,500
- Florida
- Palm Beach County
- Delray Beach
- 33444
- Seacrest
- 242 NE 12th St
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Nearby neighborhoods
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