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$690,000

Beds
3
Baths
2.0
sq ft
1,331

701 SW 8th Ave, Delray Beach, FL 33444

701 SW 8th Ave

Delray Beach, FL 33444

  • 5 days on market
DOUBLE LOT!!! Great Opportunity!!! Lovely updated Delray Beach single family home on a huge corner area extending over two lots!!! Near Downtown Delray, Beaches, Shopping, Dining in Atlantic Av.Three Bedrooms, one in suite. Two brand new full bathrooms. Separate kitchen with breakfast space, separate laundry and storage room.Two street access with lots of space for your garden, parking, RV, and more. This home boasts brand new Accordion Hurricane Shutters, Stainless Steel Appliances, Fireplace, updated electrical, AC, Tile, while the yard with mature fruit trees, gives you a piece of serenity in your corner lot oasis!

Details

Property type

Single Family Residence

Est. home value

$423,175

Lot size

0.31 acres

Price per sq ft

$519

Year built

1925

Annual property taxes

$6,056

Price History

03/25/2025
Beaches

Beaches #R11075064

Listed
$690,000
+187.5%
10/08/2020
Beaches

Beaches #R10651703

Sold
$240,000
+28.34%
06/26/2017
Beaches

Beaches #R10319868

Sold
$187,000
+38.52%

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

$481,653
Asking price
$690,000
Closing costs (~8% of asking)
-$55,200
Est. remaining loan balance
-$153,147
Cash to seller
$481,653

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

Seller’s Loan History

Lender

Movement Mortgage

Loan start date

June 2017

Original loan amount

$181,390

Est. remaining balance

$153,147

Interest rate

4.05%

Loan type

New Conventional, 30 year

Seller

Karen Elowitt and Ricky Beal

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: 03/30/2025 at 11:45 PM

Listing updated: 03/27/2025 at 6:26 PM

Listed by: Steven T Koleno, Beycome of Florida LLC Phone #: (804) 656-5007

MLS: Beaches #R11075064

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