For SaleRisky Deal2 days on market
233 Lake Terrace
233 Lake Terrace, Delray Beach, FL 33444, Delray Beach, FL 33444
$1,395,000
Estimate®:$940,700
Listing Price
233 Lake Terrace, Delray Beach, FL 33444
Loc: Delray Beach, FL
Days Listed
2
Tax Assessed
$1093k
Estimate®
$941k
Market Rate
Lot Size
7,694 sqft
Rent Estimate
$4,915/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.
7
Plumosa School Of The Arts
PK-8
1.1 mi away
5
Atlantic High School
9-12
1.5 mi away
3
Carver Middle School
6-8
2.4 mi away
Property Overview
No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.
Features & Amenities
modernopen floor planlight-filledcontemporarybeadboard wainscotingneutral palettewood-look flooringcozyminimalistspaciousairytransitionalaccent art
Haven AI Verdict
Recommendation
Risky
Confidence Score: 5/10
Exercise caution due to potential market volatility.
Cap Rate
1.87%
Total ROI
-0.4%
Cash Flow
$-5,061/mo
DSCR
0.30
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-5,061/mo net cash flow with a 1.9% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Prime residential location in Delray Beach, FL
- • Long-term capital appreciation corridor
Considerations
- • Verify historical operating expenses and local tax assessment
- • Confirm current lease terms and tenant estoppel certificates
10-Year Price Projection
Price & Tax History
Price History
| Date | Event | Price | Price/sqft |
|---|---|---|---|
| 2026-09-22 | Listed for rent | $8,500 | $5 |
| 2026-07-31 | Sold | $988,000 | $634 |
| 2026-07-09 | Listed for sale | $1,150,000 | $738 |
| 2025-07-01 | Listing removed | $1,195,000 | $767 |
| 2025-05-02 | Listed for sale | $1,195,000 | $767 |
| 2025-04-24 | Listing removed | $1,195,000 | $767 |
| 2025-03-20 | Price change | $1,195,000 | $767 |
| 2024-10-01 | Price change | $1,225,000 | $786 |
| 2024-09-04 | Price change | $1,275,000 | $818 |
| 2024-08-13 | Price change | $1,295,000 | $831 |
| 2024-07-09 | Price change | $1,298,000 | $833 |
| 2024-04-26 | Listed for sale | $1,350,000 | $866 |
| 2022-10-31 | Listing removed | $0 | – |
| 2022-08-31 | Listed for sale | $1,050,000 | $674 |
| 2015-02-03 | Sold | $395,000 | $254 |
| 2014-12-17 | Listed for sale | $429,000 | $275 |
| 2014-07-10 | Listing removed | $0 | – |
| 2014-06-26 | Price change | $100,000 | $64 |
| 2014-06-13 | Listed for sale | $0 | – |
| 2014-06-03 | Sold | $286,100 | $184 |
| 2005-02-23 | Sold | $350,000 | $225 |
| 2001-08-01 | Sold | $170,000 | $109 |
| 1993-06-09 | Sold | $75,400 | $48 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $19,441 | $993,424 |
| 2024 | $16,716 | $903,113 |
| 2023 | $13,338 | $580,510 |
| 2022 | $11,576 | $527,736 |
| 2021 | $9,918 | $479,760 |
| 2020 | $9,514.94 | $455,978 |
| 2019 | $8,973.68 | $420,962 |
| 2018 | $8,973.68 | $382,693 |
| 2017 | $7,944.07 | $414,799 |
| 2016 | $8,757.23 | $382,386 |
| 2015 | $7,437.41 | $325,229 |
| 2014 | $5,951.49 | $246,831 |
| 2013 | $5,470.22 | $224,392 |
| 2012 | $4,994.17 | $203,993 |
| 2011 | $4,562.45 | $185,448 |
| 2010 | $4,671.01 | $189,020 |
| 2009 | $4,587.48 | $191,900 |
| 2008 | $4,693.08 | $260,561 |
| 2007 | $5,636 | $296,671 |
| 2006 | $6,539.37 | $313,849 |
| 2005 | $0 | $223,888 |
| 2004 | $2,898.16 | $194,895 |
| 2003 | $158 | $161,656 |
| 2002 | $4,266.66 | $170,656 |
| 2001 | $1,122.52 | $64,588 |
| 2000 | $1,066.5 | $62,707 |
| 1999 | $855.45 | $99,439 |
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