For SaleRisky Deal0 days on market
115 NW 8th Ave
115 NW 8th Ave, Delray Beach, FL 33444, Delray Beach, FL 33444
$1,695,000
Listing Price
115 NW 8th Ave, Delray Beach, FL 33444
Loc: Delray Beach, FL
Days Listed
0
Tax Assessed
$1037k
Lot Size
0.40 acres
Type
multi 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
1.8 mi away
5
Atlantic High School
9-12
1.1 mi away
3
Carver Middle School
6-8
2 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
duplexranch-stylecoastalpastel exteriorstucco sidingpaved parking lotlandscaped lawnpalm treestropicallow-pitched roofresidentialneatinvestment propertysingle-story
Haven AI Verdict
Recommendation
Risky
Confidence Score: 2/10
Exercise caution due to potential market volatility.
Cap Rate
6.19%
Total ROI
93.4%
Cash Flow
$-49/mo
DSCR
0.99
Was this AI Verdict accurate?
Data provided by Haven AI. Disclaimer
Haven AI
Property yields an estimated $-49/mo net cash flow with a 6.2% cap rate. Underwriting indicates risky fundamentals for long-term hold.
Strengths
- • Favorable cap rate profile (6.2%)
- • 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 |
|---|---|---|---|
| 2026-09-25 | Listed for sale | $1,695,000 | – |
| 2024-07-30 | Listing removed | $0 | – |
| 2024-05-31 | Price change | $1,595,000 | – |
| 2024-02-06 | Listed for sale | $1,695,000 | – |
| 2023-12-06 | Sold | $1,250,000 | – |
| 2019-05-09 | Sold | $555,000 | – |
| 2019-02-21 | Price change | $605,000 | – |
| 2019-01-11 | Price change | $615,000 | – |
| 2018-12-18 | Listed for sale | $605,000 | – |
| 2004-03-18 | Sold | $250,000 | – |
Tax History
| Year | Property Tax | Tax Assessment |
|---|---|---|
| 2025 | $20,016 | $1,037,353 |
| 2024 | $19,699 | $1,044,367 |
| 2023 | $12,649 | $520,324 |
| 2022 | $10,397 | $473,022 |
| 2021 | $9,189 | $430,020 |
| 2020 | $9,700.81 | $451,572 |
| 2019 | $5,718.74 | $198,781 |
| 2018 | $5,718.74 | $293,893 |
| 2017 | $4,906.7 | $233,019 |
| 2016 | $4,363.11 | $149,347 |
| 2015 | $3,931.9 | $135,770 |
| 2014 | $3,433.72 | $123,427 |
| 2012 | $2,813.55 | $102,005 |
| 2011 | $2,931.87 | $105,188 |
| 2010 | $3,117.38 | $113,147 |
| 2009 | $3,654.27 | $141,625 |
| 2007 | $6,087.98 | $285,986 |
| 2006 | $5,316.33 | $225,592 |
| 2005 | $0 | $186,892 |
| 2004 | $2,066.11 | $138,941 |
| 2003 | $282.06 | $109,185 |
| 2002 | $3,322.76 | $126,297 |
| 2001 | $2,671.66 | $97,851 |
| 2000 | $2,406.52 | $87,939 |
| 1999 | $1,992.01 | $83,965 |
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