*DO NOT DISTURB TENANTS!Development Opportunity! Well maintained, one-story, 4-unit building for sale. Property features 4-units, with 7+/- parking spaces, fenced lot. Short distance from the beach and Atlantic Avenue. Lot size 70' x 135'. Building size 3,400 +/- SFOPTION TO REDEVELOP into single family home, 2 Units OR Short Term Rentals. New construction, the R-1-A zoning for setbacks would apply.
This property is $1.5M more 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-10877092
Listing Office:
Office Name: Coastal Commercial Group, LLC
Office Phone: (561) 441-0967
Listing Agent: Ingrid L Kennemer
All 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: 4/27/2024, 11:25:16 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
We're sorry, we currently don't have sales or tax history data for this listing.
Payment Calculator
Calculate your estimated monthly expenses for this listing. Play with the values below to better understand your monthly payment and utilities.
$9,800
Per Month
Principal & Interest
$9,733
Home PriceThe dollar amount you pay for the home.
$
Interest RateMortgage interest rates fluctuate, but they're typically in the 5% to 9% range. Your rate will be calculated based on personal details including your credit score.
%
Down PaymentThe initial money paid at closing that is usually a percentage of the purchase price. Most loans require at least 3% down, but a 0% down payment may be possible if you're eligible for a VA or USDA loan.
$%
Loan TermThis is how long you'll pay on the loan. A longer term gives you smaller payments, while a shorter term saves you money on interest.
Property Taxes
$0
Property Taxes -Annual CostEvery homeowner pays taxes to their local government based on their home's value and the property tax rates for the county or city. Most areas charge property taxes semiannually.
$/ Year
Mortgage Insurance
$0
Mortgage Insurance -Monthly PremiumMortgage insurance helps secure a mortgage with a lower down payment. It typically costs 0.1% - 2% of your loan amount per year.
$/ Month
Homeowners Insurance
$67
Homeowners Insurance -Monthly PremiumMost homeowners pay about $1,000 a year for homeowners insurance, but the cost varies based on your location, home and coverage.
$/ Month
Homeowners Association (HOA)
$0
Homeowners Association -Monthly FeesHomeowners Association (HOA) fees can range from $30 per month to $500+ per month. Be sure to ask your agent about HOA fees on a home as it can impact your affordability or check the online home listing.
$/ Month
Utilities
$0
Utilities - Monthly CostYou'll need to budget for utilities as a homeowner, which typically includes water and sewer, gas and electric, internet and cable. Cost will depend on your location and the size of your home. On a monthly basis, Americans pay $239 - $442 per month.
$/ Month
Recommended Financing
30-Year Fixed
Rate/APR
7.5% / 6.68%
Total Monthly Payment
$5,913
Powered By
Advertisement
NMLS#3030
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
5
/10
Plumosa School of the Arts
2501 Seacrest Blvd
Distance between this listing and this school1.12 miles
Public Magnet Grades KG-5
Middle School
2
/10
Carver Middle School
101 Barwick Rd
Distance between this listing and this school3.01 miles
Public Magnet Grades 6-8
High School
5
/10
Atlantic High School
2455 W Atlantic Ave
Distance between this listing and this school2.07 miles
Public Magnet Grades 9-12
Assigned Schools
5
/10
Plumosa School of the Arts
2501 Seacrest Blvd
Distance between this listing and this school1.12 miles
Public Magnet Grades KG-5
Nearby Schools
5
/10
S. D. Spady Elementary School
901 NW 3rd St
Distance between this listing and this school1.05 miles
Public Magnet Grades PK-6
7
/10
Pine Grove Elementary School
400 SW 10th St
Distance between this listing and this school1.86 miles
Public District Grades PK-5
Assigned Schools
2
/10
Carver Middle School
101 Barwick Rd
Distance between this listing and this school3.01 miles
Public Magnet Grades 6-8
Nearby Schools
4
/10
South Tech Preparatory Academy
1300 SW 30th Ave
Distance between this listing and this school2.03 miles
Public Charter Grades 6-8
2
/10
Congress Middle School
101 S Congress Ave
Distance between this listing and this school3.89 miles
Public Magnet Grades 6-8
Assigned Schools
5
/10
Atlantic High School
2455 W Atlantic Ave
Distance between this listing and this school2.07 miles
Public Magnet Grades 9-12
Nearby Schools
5
/10
South Tech Academy
1300 SW 30th Ave
Distance between this listing and this school2.03 miles
Public Charter Grades 9-12
2
/10
Boynton Beach Community High School
4975 Park Ridge Blvd
Distance between this listing and this school5.26 miles
The neighbors living near this home have an average income of $65,430. Typical income of Delray Beach, FL residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have post secondary degree education.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 607 NE 7th Ave NE
What is the listing price of this property?
The listing price of 607 NE 7th Ave NE property is $1,950,000.
What type of property is this?
The property 607 NE 7th Ave NE is land located in Delray Beach, Florida, 33483.
Is this property for sale now?
Active Listing: 607 NE 7th Ave NE is For Sale (Active/New) which means the seller is accepting offers.
What are the assigned schools for this property?
The assigned schools for 607 NE 7th Ave NE are: Plumosa School of the Arts: GreatSchools Rating 5/10Carver Middle School: GreatSchools Rating 2/10Atlantic High School: GreatSchools Rating 5/10
By checking this box and submitting your personal information, you agree to our Terms of Use and Privacy Policy. You also expressly consent to having Rocket Homes Real Estate LLC, its Family of Companies, Rocket Homes Network Partners, and potentially our mortgage partners contact you about your inquiry by text message or phone (including automatic telephone dialing system or an artificial or prerecorded voice) to the residential or cellular telephone number you have provided, even if that telephone number is on a corporate, state, or national Do Not Call Registry. You do not have to agree to receive such calls or messages as a condition of getting any services from Rocket Homes Real Estate, LLC or its partners. By communicating with us by phone, you consent to calls being recorded and monitored. You also agree that we can share your personal data and contact information with third parties such as mortgage partners, partner companies, and affiliates, and that these parties may use your personal data and contact information for marketing and analytic purposes, and to improve your experience.
This home is located at 607 NE 7th Ave NE in Delray Beach, FL and zip code 33483. This home sits on a 0.21 acre lot. It has been listed on Rocket Homes since March 28, 2023 and is currently priced at $1,950,000.
Delray Beach, FL housing market in March 2024 saw over 11 listings sold above listed price, more than 27 sold at listed price and over 181 sold below. Between February 2024 and March 2024, Delray Beach, FL real estate market has seen increase in the number of listings by 9.2%. Listings spent 53 days on the market in March 2024, and had a median list price of $354,010 during the same period.
From Rocket Homes Real Estate and based on county public records data.
All listings featuring the BMLS logo are provided by BeachesMLS, Inc. Copyright 2024 BeachesMLS, Inc. 
Live Theatre
Live Theatre
Major League Soccer (MLS)
Art Museums
Bloomingdales
Banana Republic
Nordstrom Rack
Boston Market
Jack In The Box
Starbucks
Mercedes
Toyota
Audi
News
Jazz
Rhythmic Contemporary Hits