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$755,859Estimated home value

Beds
Unknown
sq ft
2,944

115 NW 8th Ave, Delray Beach, FL 33444

115 NW 8th Ave

Delray Beach, FL 33444

  • Off market
    • Price drop $100,000↓
Welcome to this modern and completely updated, fully furnished 4 units in the heart of Delray Beach, FL. 2 duplexes on 1 oversized lot. This investor-oriented property boasts four 735 SQFT units all situated on a spacious lot spanning 17,533 square feet with room to build on. The interiors have been meticulously updated, offering fresh and contemporary open layouts providing a seamless flow, perfect for entertaining or relaxing. Seperate water and eletric meters for each unit. Lot is private and fenced in with lush landscaping. Custom gazebos in the bakcyard. Selling turn key fully furnished.

Details

Property type

Est. home value

$755,859

Lot size

0.4 acres

Price per sq ft

$542

Year built

1960

Annual property taxes

$11,986

HOA

Yes

Price History

07/30/2024
Beaches

Beaches #R10957333

Removed
$1,595,000
05/31/2024
Beaches

Beaches #R10957333

Price change
$1,595,000
-5.9%
02/06/2024
Beaches

Beaches #R10957333

Listed
$1,695,000
+205.41%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Carver; G.W.

High school: 

Atlantic Technical

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$476,041
Asking price
$1,595,000
Closing costs (~8% of asking)
-$127,600
Est. remaining loan balance
-$991,359
Cash to seller
$476,041

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Angel Oak Mortgage Solutions Llc

Loan start date

November 2023

Original loan amount

$999,000

Est. remaining balance

$991,359

Interest rate

7.49%

Loan type

New Conventional, 30 year

Seller

Creegan Capital Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Off Market

Tomo last checked: 10/04/2024 at 10:55 PM

Listing updated: 06/13/2024 at 12:23 PM

Listed by: JEFF Creegan, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R10957333

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