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501 NE 7th Avenue, Delray Beach, FL 33483 (MLS# R10275154)

501 NE 7th Avenue, Delray Beach, FL 33483

$420,000
Property Type: Residential Income Square Footage: 1,582 Status: Closed
Current Price: $420,000 List Date: 10/15/2016 Last Modified: 5/22/2026

Overview

Description

Duplex each side one bedroom and one bath with screened in porch -plenty of parking one side currently rented month to month for $925 per month

Listing Details MLS# R10275154

General Property Information

Number Of Units Total
2
Property Sub Type
Duplex
Building Area Main
1582
Building Area Source
Public Records
Living Area Main
1276
Year Built
1961
Lot Size Area
9793
Lot Size Acres
0.22
Lot Size Dimensions
73.0 ft x 0.0 ft
Senior Community YN
No
Outdoor Living Spaces YN
Yes
Stories
Yes
Pool Private YN
No

Property Features

Association Amenities: None Documents Available: None Flooring: Terrazzo Property Condition: Resale Tenant Pays: Electricity Source Of Expenses: Owner Provided Construction Materials: Frame; Stucco Cooling: Electric; Wall/Window Unit(s) Heating: Other Listing Terms: Cash; Conventional Possession: Close Of Escrow Restrictions: No Restrictions Road Frontage Type: East of US-1 Roof: Built-Up Sewer: Public Sewer Sprinkler Description: Auto Sprinkler Tax Information: City/County Utilities: Sewer Available; Water Available View: Garden Water Access: None Water Source: Public Showing Requirements: Call Listing Agent Outdoor Living Spaces: Balcony Balcony Details: Balcony - Screened Unit 1 Appliances: Range Unit 1 Parking Features: Open Parking Unit 2 Appliances: Refrigerator Unit 2 Parking Features: Open Parking Contingencies: None Acreage Description: Less Than 1/4 Acre Lot

Contract Information

Comp Sale YN
No
Original List Price
429000

Location and Legal

County Or Parish
Palm Beach
County Parish Name
Palm Beach
Street Number
501
Street Direction Prefix
NE
Street Name
7th
Street Suffix
Avenue
City Name
Delray Beach
State Or Province
FL
Postal Code
33483
Postal Zip
33483
Subdivision Name
HOFMAN ADD
Area
4220
Geographic Area
PB06
Special Assessment YN
No
Parcel Number
12434609240000560
Zoning
RM(cit
Directions
On the corner of NE 5th st and NE 7th ave between Atlantic Ave and George Bush

Financial Information

Tax Annual Amount
4653.14
Tax Year
2015
Tax Legal Description
HOFMAN ADD LT 56 & S 10 FT OF LT 57

Status Change Information

Major Change Timestamp
2016-12-12T17:26:59Z
Major Change Type
Status Change
Status Change Date
2016-12-12
Under Contract Date
2016-10-20
Close Date
2016-12-12
Close Price
420000
Buyer Financing
Cash

More Information

Meter Information

Separate Electric Meters YN
Yes
Separate Water Meters YN
No

Short Sale Details

Short Sale Addendum
No

Income and Expenses

Annual Total Expense
6000
Gross Income
11100
Net Operating Income
5100

Unit 1 Details

Actual Rent
925
Baths Full
Yes
Furnished
Unfurnished
SqFt
1276

Unit 2 Details

Baths Full
Yes
Furnished
Unfurnished
SqFt
1276
Actual Rent
0

Price Calculations

Current Price To SqFt
329.15
Original List Price To Close Price
1.02

Originating Details

Originating System Key
20161015155733920589000000
Originating System ID
M00000170

Office/Member Information

DXORIGMLSID
RML

Association Amenities

None
Yes

Flooring

Terrazzo
Yes

Property Condition

Resale
Yes

Documents Available

None
Yes

Tenant Pays

Electricity
Yes

Possession

Close Of Escrow
Yes

Sewer

Public Sewer
Yes

Utilities

Sewer Available
Yes
Water Available
Yes

View

Garden
Yes

Heating

Other
Yes

Sprinkler Description

Auto Sprinkler
Yes

Water Access

None
Yes

Construction Materials

Frame
Yes
Stucco
Yes

Listing Terms

Cash
Yes
Conventional
Yes

Road Frontage Type

East of US-1
Yes

Roof

Built-Up
Yes

Water Source

Public
Yes

Source Of Expenses

Owner Provided
Yes

Cooling

Electric
Yes
Wall/Window Unit(s)
Yes

Showing Requirements

Call Listing Agent
Yes

Restrictions

No Restrictions
Yes

Tax Information

City/County
Yes

Outdoor Living Spaces

Balcony
Yes

Balcony Details

Balcony - Screened
Yes

Contingencies

None
Yes

Unit 1 Appliances

Range
Yes

Unit 1 Parking Features

Open Parking
Yes

Unit 2 Appliances

Refrigerator
Yes

Unit 2 Parking Features

Open Parking
Yes

Unit 3 Details

Actual Rent
0
SqFt
0

Unit 4 Details

Actual Rent
0
SqFt
0

Acreage Description

Less Than 1/4 Acre Lot
Yes
Listing Office: Lenson Realty Inc.
IDX
Last Updated: May - 22 - 2026
This information is not verified for authenticity or accuracy and is not guaranteed and may not reflect all real estate activity in the market. Copyright 2026 Beaches Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.

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