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$433,970Estimated home value

Beds
3
Baths
2.0
sq ft
1,212

244 SW 5th Ave, Delray Beach, FL 33444

244 SW 5th Ave

Delray Beach, FL 33444

  • Sold On 11/3/2022
Amazing potential! Downtown Delray Beach singe-family home with 4 bedrooms, 2 baths on large corner lot. Excellent location just a few blocks from S Swinton Ave!! Roughly one mile to the beaches. Spacious front & backyard area. Plenty of room to park multiple cars, RV, boat, trailer, etc. Walk to Atlantic Ave, shoppes and everything downtown Delray Beach has to offer! Location, location, minutes walk to to the beach, restaurants, shops and more. No HOA! No restrictions! Airbnb and/or seasonal/short-term potential for high ROI income. Rented currently at $2,400/month. Property is located in an Opportunity Zone AND within the Delray Beach CRA district! Following listings in Downtown Delray can be sold with subject listing, individually or in any combination for a better deal potentially:

Details

Property type

Single Family Residence

Est. home value

$433,970

Lot size

8,915 sq ft

Price per sq ft

$346

Year built

1939

Annual property taxes

$4,264

HOA

Yes

Price History

03/19/2025
Beaches

Beaches #R11063108

Removed
$635,000
02/17/2025
Beaches

Beaches #R11063108

Listed
$635,000
+58.75%
11/03/2022
Beaches

Beaches #R10828220

Sold
$400,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Pool, Sidewalks, Tennis Court(s)

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

$36,594
Asking price
$419,000
Closing costs (~8% of asking)
-$33,520
Est. remaining loan balance
-$348,886
Cash to seller
$36,594

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

Seller’s Loan History

Lender

Guaranteed Rate Inc

Loan start date

October 2022

Original loan amount

$360,000

Est. remaining balance

$348,886

Interest rate

6.02%

Loan type

New Conventional, 30 year

Seller

Tony Sirkin

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?

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Status: Off Market

Tomo last checked: 04/02/2025 at 5:40 PM

Listing updated: 03/23/2023 at 12:46 PM

Listed by: Matan Morag, Regency Realty Services Phone #: (561) 394-4600

MLS: Beaches #R10828220

Beaches logo

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