tomo logo

$499,999

Beds
3
Baths
2.0
sq ft
1,255

440 SW 7th Ave, Delray Beach, FL 33444

440 SW 7th Ave

Delray Beach, FL 33444

  • <1 day on market
Prime Delray Beach Opportunity - Oversized Lot with Pool Plans!A rare oversized lot in the heart of vibrant Delray Beach! This property is a dream opportunity for investors, builders, or homeowners looking to create their ideal Florida retreat. Priced to sell at $499,000, this expansive lot comes with approved pool plans, making it the perfect foundation for your dream home.Key Features:&#9989; Prime Location - Minutes from Atlantic Ave, top dining, shopping, and the beach!&#9989; Oversized Lot - Ample space for a luxurious home, lush landscaping, and pool.&#9989; Pool Plans Included - Save time and start building your private oasis!&#9989; High-Growth Area - Located in one of Delray Beach's most sought-after neighborhoods.Amazing investment or forever home site in Boom

Details

Property type

Single Family Residence

Est. home value

$475,124

Lot size

7,000 sq ft

Price per sq ft

$399

Year built

2001

Annual property taxes

$8,017

Price History

01/31/2025
Beaches

Beaches #R11057766

Listed
$499,999
-14.53%
12/07/2024
Beaches

Beaches #R11003178

Removed
$585,000
07/10/2024
Beaches

Beaches #R11003178

Listed
$585,000
+56%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

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

$111,920
Asking price
$499,999
Closing costs (~8% of asking)
-$40,000
Est. remaining loan balance
-$348,079
Cash to seller
$111,920

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

Seller’s Loan History

Lender

Better Mortgage Corporation

Loan start date

April 2023

Original loan amount

$355,000

Est. remaining balance

$348,079

Interest rate

6.65%

Loan type

New Conventional, 30 year

Seller

Hunter S Lancaster

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: 01/31/2025 at 9:40 PM

Listing updated: 01/31/2025 at 2:40 PM

Listed by: Mike Zambarano, Berkshire Hathaway Florida Realty Phone #: (561) 981-9400

MLS: Beaches #R11057766

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