OFF_MARKETNeutral Deal94 days on market
324 Sterling Ave
324 Sterling Ave, Delray Beach, FL 33444, Delray Beach, FL 33444
324 Sterling Ave, Delray Beach, FL 33444
Loc: Delray Beach, FL
Days Listed
94
Tax Assessed
$354k
Zestimate®
$551k
Market Rate
Lot Size
5,051 sqft
Rent Estimate
$3,263/mo
Est. Cash Flow base
Type
single family
More Than Just a Property
We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.
4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
6
Pine Grove Elementary School
PK-5
0.2 mi away
3
Carver Middle School
6-8
2.5 mi away
5
Atlantic High School
9-12
1.8 mi away
Property Overview
A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.
Features & Amenities
Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit
Haven AI Verdict
Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
5.05%
Total ROI
14.9%
Cash Flow
$-482/mo
DSCR
0.83
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Data provided by Haven AI. Disclaimer
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10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-06-17 | Pending sale | $570,000 | $394 |
| 2026-06-16 | Sold | $550,000 | $380 |
| 2026-03-05 | Listed for sale | $570,000 | $394 |
| 2025-09-19 | Listing removed | $499,999 | $345 |
| 2025-08-24 | Price change | $499,999 | $345 |
| 2025-08-15 | Listed for sale | $514,999 | $356 |
| 2025-08-15 | Listing removed | $514,999 | $356 |
| 2025-08-07 | Price change | $514,999 | $356 |
| 2025-07-07 | Listed for sale | $529,999 | $366 |
| 2024-03-01 | Sold | $218,100 | $151 |
| 2022-06-23 | Listing removed | $0 | – |
| 2022-05-23 | Listed for rent | $3,700 | $3 |
| 2022-02-18 | Listing removed | $0 | – |
| 2022-02-16 | Listed for rent | $2,950 | $2 |
| 2021-06-18 | Listing removed | $0 | – |
| 2021-04-22 | Price change | $2,900 | $2 |
| 2021-03-31 | Listed for rent | $2,400 | $2 |
| 2021-02-10 | Listing removed | $0 | – |
| 2021-01-13 | Contingent | $275,000 | $190 |
| 2021-01-12 | Listed for sale | $275,000 | $190 |
| 2020-12-18 | Sold | $200,000 | $138 |
| 2015-02-27 | Listing removed | $1,600 | $1 |
| 2015-02-11 | Listed for rent | $1,600 | $1 |
| 2011-02-09 | Sold | $57,000 | $39 |
| 2010-12-30 | Price change | $49,900 | $34 |
| 2010-12-27 | Listed for sale | $0 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $6,883 | $353,919 |
| 2024 | $5,508 | $249,403 |
| 2023 | $5,311 | $226,730 |
| 2022 | $4,627 | $206,118 |
| 2021 | $4,021 | $187,380 |
| 2020 | $3,587.72 | $158,146 |
| 2019 | $3,449.9 | $143,769 |
| 2018 | $3,449.9 | $161,792 |
| 2017 | $3,074.85 | $136,421 |
| 2016 | $2,796.03 | $108,015 |
| 2015 | $2,531.89 | $98,195 |
| 2014 | $1,972.08 | $77,509 |
| 2013 | $1,836.62 | $70,463 |
| 2012 | $1,704.08 | $64,057 |
| 2011 | $1,983.38 | $74,847 |
| 2010 | $1,054.39 | $76,411 |
| 2009 | $983.83 | $74,402 |
| 2008 | $906.01 | $74,328 |
| 2007 | $1,135.47 | $72,163 |
| 2006 | $1,189.75 | $70,403 |
| 2005 | $0 | $68,352 |
| 2004 | $615.05 | $66,361 |
| 2003 | $158 | $65,124 |
| 2002 | $1,087.27 | $63,598 |
| 2001 | $1,074.05 | $62,596 |
| 2000 | $1,019.98 | $60,773 |
| 1999 | $810.77 | $63,745 |
Institutional Underwriting Ledger
Investment Numbers & Operating Model
Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.
Data Sources:MLS List Price: $570,000Rent Basis: Observed Comp Model ($3,263/mo)State Tax Benchmark: 0.98% (FL)Hazard Reserve: $285/mo
Haven ScoreRisky
1/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
4.08%
NOI: $23,262/yr
Cash-on-Cash Yield
-9.3%
On $131,100 invested
DSCR Ratio
0.66x
Negative debt coverage
5-Yr Leveraged ROI
+47.6%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.98% of basis)-$289/mo
Homeowner / Hazard Insurance-$285/mo
Vacancy Reserve (5% of rent)-$163/mo
Repairs & Maintenance (10% of rent)-$326/mo
Property Management (8% of rent)-$261/mo
Total Pure Operating Expenses-$1,325/mo
Net Investor Cash Flow
Gross Scheduled Rent+$3,263/mo
Less: Operating Expenses-$1,325/mo
Net Operating Income (NOI)+$1,938/mo
Less: Debt Service (30yr @ 6.75%)-$2,958/mo
Net Cash Flow
$-1,019/mo
$-12,230/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:
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