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Sold for $690,000
  • $690,000

    556 Cortez Lane, Delray Beach, FL 33445

    5beds
    2,529sqft
    Single Family Residence
    Built in 1959
    0.27 Acres Lot
    $695,900 Zestimate®
    $273/sqft
    $4,936 Estimated rent

    Home value

    $695,900

    $619,000 - $786,000

    $4,936/mo

    Zestimate® history
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    What's special

    **Luxurious Fully Renovated Corner Lot Home with Income Suite in Tropical Delray Beach** Welcome to your dream home in beautiful Delray Beach! This stunning 5-bedroom, 3-bathroom home has been fully renovated with modern luxury and thoughtful design. Sitting on a spacious corner lot, this property also includes a 2-bedroom, 1-bathroom income suite, offering a fantastic opportunity for rental income or multigenerational living. **Key Features:** - **Spacious Layout:** High ceilings create an open and airy ambiance, perfect for comfortable living and entertaining. - **Large Secondary Bedrooms:** Roomy enough for family, guests, or versatile use. - **Expansive Outdoor Space:** A 3-piece yard ideal for family gatherings, relaxing evenings, or hosting memorable events. - **Income Suite:** The attached 2-bedroom, 1-bathroom suite has its own private entrance, making it perfect for tenants or extended family. - **Prime Location:** Only a 25-minute bike ride to downtown Delray Beach and the ocean, enjoy the best of coastal living while staying in a serene, tropical neighborhood. This home is designed for those who love to entertain, need extra space, or want a home that provides income potential. Don't miss your chance to own this unique gem in one of South Florida's most desirable locations! Schedule your private showing today!

    Zillow last checked:

    Listing updated:

    Listed by:

    Cliff Glansen 954-965-3990,

    FlatFee.com

    Bought with:

    Brandon Abecassis, 3576451

    Charles Rutenberg Realty FTL

    Source: BeachesMLS,MLS#: R11042803MLS LogoOriginating MLS: BeachesMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 1
    • Main level bedrooms: 1
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Electric Water Heater, Microwave, Water Heater
    Features
    • Living/Dining Room, None, Storage, Tub Shower
    • Flooring: Vinyl
    Interior area
    • Total structure area: 2,607
    • Total interior livable area: 2,529 sqft

    Property

    Features
    • Levels: Two
    • Stories: 2
    • Exterior features: Room For Pool
    • Fencing: Fenced
    • Waterfront features: None
    Lot
    • Size: 0.27 Acres
    • Features: 1/4 to 1/2 Acre Lot
    Details
    • Parcel number: 12434607010050050
    • Zoning: R-1-AB

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Roof: Composition,Shingle
    Condition
    • Resale
    • New construction: No
    • Year built: 1959

    Utilities & green energy

    • Electric: 3 Phase
    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Sewer Available, Water Available

    Community & HOA

    Community
    • Subdivision: DELRAY SHORES
    HOA
    • Has HOA: No
    • Amenities included: None
    Location
    • Region: Delray Beach

    Financial & listing details

    • Price per square foot: $273/sqft
    • Tax assessed value: $488,242
    • Annual tax amount: $7,619
    • Date on market: 12/6/2024
    • Cumulative days on market: 71 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    3/5/2025Sold$690,000-6.7%$273/sqft
    Source: BeachesMLS #R11042803 Report a problem
    2/27/2025Pending sale$739,900$293/sqft
    Source: BeachesMLS #RX-11042803 Report a problem
    2/6/2025Price change$739,900-0.7%$293/sqft
    Source: BeachesMLS #RX-11042803 Report a problem
    1/21/2025Price change$745,000-0.7%$295/sqft
    Source: BeachesMLS #RX-11042803 Report a problem
    1/2/2025Price change$750,000-2%$297/sqft
    Source: BeachesMLS #RX-11042803 Report a problem
    12/26/2024Price change$765,000-1.9%$302/sqft
    Source: BeachesMLS #RX-11042803 Report a problem
    12/6/2024Listed for sale$780,000$308/sqft
    Source: BeachesMLS #RX-11042803 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$8,810 +13.5%$438,796 +10%
    2024$7,763 +1.9%$398,905 +10%
    2023$7,619 +9.6%$362,641 +10%
    2022$6,951 +10%$329,674 +10%
    2021$6,320 +4.1%$299,704 +6%
    2020$6,069 +8.3%$282,676 +10%
    2019$5,605 $256,978 +10%
    2018$5,605 +67.2%$233,616 +33%
    2017$3,352 +139.3%$175,620 +83.1%
    2016$1,401 $95,890 +0.7%
    2015$1,401 +6.9%$95,223 +0.8%
    2014$1,310 +2.4%$94,467 +1.5%
    2013$1,279 +0.8%$93,071 +1.7%
    2012$1,268 -2.1%$91,515
    2011$1,296 -17.2%$91,515 -11.2%
    2010$1,566 +7.1%$103,054 +2.7%
    2009$1,462 +9.3%$100,345 +0.1%
    2008$1,338 -18.8%$100,245 +3%
    2007$1,647 -5.1%$97,325 +2.5%
    2006$1,735 $94,951 +3%
    2005-- $92,185 +3%
    2004$952 +436%$89,500 +1.9%
    2003$178 -89.1%$87,831 +2.4%
    2002$1,629 +1%$85,772 +1.6%
    2001$1,613 +5%$84,421 +3%
    2000$1,535 +19.2%$81,962 +2.7%
    1999$1,288 $79,807
    Find assessor info on the county website

    Neighborhood: Delray Shores

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Crosspointe
    • Middle: Carver Community
    • High: Atlantic

    Source: BeachesMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $695,900
    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
    $695,900