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115 SW 5th Ave, Delray Beach, FL, 33444

$140,000

0.12 Acres
Land
Schools Nearby

Location

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Property Highlights

MLS #RX-10930685
Lot Size0.12 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 115 SW 5th Ave

ATTENTION INVESTORS. Opportunity awaits! Rarely available, vacant commercial lot just one block south of Atlantic Avenue in the Central Business District (CBD) near the South County Courthouse and the Delray Beach Tennis Center. Located conveniently near downtown businesses, restaurants and the beaches with easy access to I95 and both Palm Beach and Ft. Lauderdale International Airports. In addition, this lot is located in a federal Opportunity Zone which aims to attract investors through possible tax benefits. Tax records indicate lot is 5,201 sq. ft. Perfect for a small project. Don't miss this opportunity.

Property Details

Property Features

Listing Office:

  • Office Name: Berkshire Hathaway Florida Realty
  • Office Phone: (561) 981-9400
  • Listing Agent: Monique Jarman

Lot Features

Lot Information:

  • Lot: Sidewalk
  • Lot Size: 0.12 Acres

School Info

Assigned Schools Information:

  • Atlantic High School, Public Magnet Grades 9-12
  • Carver Middle School, Public Magnet Grades 6-8
  • Pine Grove Elementary School, Public District Grades PK-5

Other

Directions Information:

  • Directions: From I95 east on Atlantic Avenue to SW 5th Avenue. Take a right or south on 5th Avenue. Property just over a block down on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $140,000

Tax Information:

  • Annual Amount: $710
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Delray Beach, FL.

Med. Sold Price

$354K

Med. Price/SqFt

$265

Avg. Days On Market

53

# of Sold Homes

219

115 SW 5th Ave vs Delray Beach

187 DAYS ON ROCKET

+134 Days

$140,000

-$214K Less

KEY TAKEAWAY

This property is $214K less than the Median Sold Price in Delray Beach, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Number: #RX-10930685

Listing Office:

  • Office Name: Berkshire Hathaway Florida Realty
  • Office Phone: (561) 981-9400
  • Listing Agent: Monique Jarman

IDXAll listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc.

This information is not verified for authenticity or accuracy and is not guaranteed. IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/1/2024, 3:25:19 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$710$42,000
2019$667$27,011
2018$542$24,555
2017$478$22,323

History based on county public records data.

Payment Calculator

$766

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$486

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-4023562
7
/10
  • Pine Grove Elementary School

  • 400 SW 10th St

  • 0.58 miles

  • Public District Grades PK-5

Middle School

school-card-donut-4023563
2
/10
  • Carver Middle School

  • 101 Barwick Rd

  • 2.59 miles

  • Public Magnet Grades 6-8

High School

school-card-donut-4023564
5
/10
  • Atlantic High School

  • 2455 W Atlantic Ave

  • 1.74 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,141. The most common annual income of people living in Delray Beach, FL is between $35k-100k. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 115 SW 5th Ave

What is the listing price of this property?

The listing price of 115 SW 5th Ave property is $140,000.

What type of property is this?

The property 115 SW 5th Ave is land located in Delray Beach, Florida, 33444.

Is this property for sale now?

Accepting Backup Offers: 115 SW 5th Ave is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What are the assigned schools for this property?

The assigned schools for 115 SW 5th Ave are:
Pine Grove Elementary School: GreatSchools Rating 7/10
Carver Middle School: GreatSchools Rating 2/10
Atlantic High School: GreatSchools Rating 5/10

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $710 (source: MLS/based on county public records data).

How much acreage is this property?

The property 115 SW 5th Ave is 0.12 acres.
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Rocket Homes›Florida›Palm Beach County›Delray Beach›33444›115 SW 5th Ave

This home is located at 115 SW 5th Ave in Delray Beach, FL and zip code 33444. This home sits on a 0.12 acre lot. It has been listed on Rocket Homes since October 26, 2023 and is currently priced at $140,000.

In March 2024, from all listings sold in Delray Beach, FL there were more than 11 sold above asking price, over 181 sold below and more than 27 were sold right at the asked price. The inventory of homes for sale in Delray Beach, FL between February 2024 and March 2024 increased by 9.2%. In March 2024, listings were on the market for 53 days. During the same period, the median list price in this real estate market was $354,010.

From Rocket Homes Real Estate and based on county public records data.

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