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$3,500,000

Beds
3
Baths
4.0
sq ft
4,284

327 SE 3rd Ave, Delray Beach, FL 33483

327 SE 3rd Ave

Delray Beach, FL 33483

  • 1 day on market
Welcome to the ''multi'' opportunity property at 327 SE 3rd Ave in Osceola Park in Delray Beach (East of Swinton and 3 blocks South of Atlantic Ave). Currently, a $4,000/month income generating duplex, on an oversized 8,293 sq ft lot. This property is perfect for parking 1031 funds and/or building out the 4,200 sq ft single family pool home with detached garage and roof deck with structural integrity to finish out the second story. Full set of plans, cost schedule, approvals and permits available upon request. Osceola Park is emerging as the best Delray value play, single family neighborhood with ARV closed prices on new construction quickly approaching $1,000 sq ft.

Details

Property type

Single Family Residence

Est. home value

$1,061,842

Lot size

8,348 sq ft

Price per sq ft

$817

Year built

2026

Annual property taxes

$14,305

Price History

03/31/2025
Beaches

Beaches #R11076770

Listed
$3,500,000
+180%
02/12/2025
Beaches

Beaches #R10982572

Removed
$1,250,000
10/30/2024
Beaches

Beaches #R10982572

Listed
$1,250,000

Schools & Community

Elementary school: 

Pine Grove

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

$2,546,487
Asking price
$3,500,000
Closing costs (~8% of asking)
-$280,000
Est. remaining loan balance
-$673,513
Cash to seller
$2,546,487

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

Seller’s Loan History

Lender

Wilmington Savings Fund Society Fsb

Loan start date

April 2022

Original loan amount

$712,500

Est. remaining balance

$673,513

Interest rate

3.85%

Loan type

New Conventional, 30 year

Seller

Ismael David Plaza and Mihaela Plaza

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: Active

Tomo last checked: 04/02/2025 at 5:20 AM

Listing updated: 04/01/2025 at 12:56 AM

Listed by: Ryan Douglas Vandersnow, Compass Florida LLC Phone #: (305) 851-2820

MLS: Beaches #R11076770

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