107 Central Avenue
About This Property
Walk to everywhere you want to be -- especially those beautiful beaches! This Single Family Home with no HOA welcomes a great investor opportunity or homeowner looking to fix up and remodel the home. A huge fenced backyard ideal for entertaining outdoors with trees, plenty of greenspace or room for a pool.. Close to shopping, restaurants, only a mile from Delray's downtown Atlantic Ave and the beach. SINGLE FAMILY HOME, NO HOA,
Property is zoned SPECIAL ACTIVITIES
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 9, 2026 | Price Decreased |
$699,000
↓ $50K
(6.7%) | |
| Price Decreased | |||
| Nov 25, 2025 | Price Decreased |
$749,000
↓ $38K
(4.8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed | $787,000 | |
| Listed | |||
| | |||
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Best-priced fully remodeled single-family home east of Dixie Hwy, just minutes from Atlantic Ave and Delray Beach’s Historic District. This turnkey residence offers a bright, open layout with updated kitchen and baths, new electrical, plumbing, central A/C, roof, and driveway—no deferred maintenance.
Fully connected RV guest suite, complete with bedroom, bathroom, and full plumbing and electrical hookups—ideal for guests, extended family, or added flexibility.
Enjoy an unbeatable lifestyle location steps from Delray Place, close to the vibrant shops, restaurants, and nightlife of Atlantic Ave, and only minutes to Delray’s pristine beaches. Whether used as a primary residence, vacation home, or investment opportunity, this property offers exceptional value in one of Delray Beach’s most desirable areas.
Easy to show and priced to sell—seller motivated.
| |||
| Sep 24, 2025 | Price Decreased |
$814,900
↓ $15K
(1.8%) | |
| Price Decreased | |||
| Aug 28, 2025 | Price Decreased |
$829,900
↓ $20K
(2.4%) | |
| Price Decreased | |||
Property Highlights
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About Silver Terrace Delray
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017