For SaleRisky Deal4 days on market
581 NW 47TH Avenue
581 NW 47TH Avenue, Delray Beach, FL 33445, Delray Beach, FL 33445
$340,000
Estimate®:$327,200
Listing Price
581 NW 47TH Avenue, Delray Beach, FL 33445
Loc: Delray Beach, FL
Days Listed
4
Tax Assessed
$211k
Estimate®
$327k
Market Rate
Lot Size
4,726 sqft
Rent Estimate
$2,543/mo
Est. Cash Flow base
Type
townhouse
More Than Just a Property
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4.9
Safety Score
A+
Schools
Nearby Schools
Educational options and performance ratings in the area.
8
Banyan Creek Elementary School
PK-5
0.8 mi away
3
Carver Middle School
6-8
0.8 mi away
5
Atlantic High School
9-12
1.3 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
townhouseranch-stylestucco exteriorwood sidingattached garagesingle-car garagepalm treessuburbanfront lawndrivewayresidentialsunnycoastallow-rise
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
5.70%
Total ROI
82.8%
Cash Flow
$-148/mo
DSCR
0.92
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-148/mo net cash flow with a 5.7% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (5.7%)
- • Strong rental demand in Delray Beach
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 |
|---|---|---|---|
| 2026-09-20 | Listed for sale | $340,000 | $316 |
| 2020-02-05 | Sold | $200,000 | $186 |
| 2019-12-05 | Listed for sale | $210,000 | $195 |
| 2015-07-27 | Sold | $91,000 | $85 |
| 2015-05-28 | Listed for sale | $94,900 | $88 |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $3,921 | $187,823 |
| 2024 | $3,670 | $170,748 |
| 2023 | $3,284 | $155,225 |
| 2022 | $3,003 | $141,114 |
| 2021 | $2,781 | $128,285 |
| 2020 | $1,214.55 | $91,576 |
| 2019 | $1,187.43 | $89,517 |
| 2018 | $1,187.43 | $87,848 |
| 2017 | $1,122.66 | $86,041 |
| 2016 | $1,104.45 | $73,041 |
| 2015 | $1,736.46 | $38,921 |
| 2014 | $496.09 | $38,612 |
| 2013 | $481.73 | $38,041 |
| 2012 | $570.76 | $41,819 |
| 2011 | $549.62 | $40,601 |
| 2010 | $698.67 | $47,041 |
| 2009 | $847.37 | $63,094 |
| 2008 | $777.91 | $63,031 |
| 2007 | $875.47 | $61,195 |
| 2006 | $913.45 | $59,702 |
| 2005 | $0 | $57,963 |
| 2004 | $465.07 | $56,275 |
| 2003 | $126.55 | $55,226 |
| 2002 | $823.08 | $53,932 |
| 2001 | $812.06 | $53,083 |
| 2000 | $765.22 | $51,537 |
| 1999 | $597.42 | $51,953 |
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