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38 Flanders A # 38, Delray Beach FL 33484 — photo 11 / 45
24.4% reduced

38 Flanders A # 38, Delray Beach FL 33484

Delray Beach, FL

List Price

$150,000

Type

Condo / Townhome

Bedrooms

2

Bathrooms

2

Price / SqFt

$197/sqft

Price reduction

24.4% below original list — was $198,500

Tenant-occupied

Property Information

Square Feet
760
Units
1
Days on Market
456
Status
active

Location

County
Palm Beach County
Zip Code
33484
Coordinates
26.4417, -80.1460

Represented by Academia

Academia Real Estate Corp can represent you on this property. Use the inquiry form to have a licensed broker reach out with full details and next steps.

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Property: 38 Flanders A # 38, Delray Beach FL 33484

Price: $150,000

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Why this deal

  • 24.4% off original list price
  • Value-add opportunity
  • Represented end-to-end by Academia
  • Active listing — move quickly

Deal Score

93/100

Prime

How this
is scored →
Discount depth40%

24.4% off original list (full marks at 25%+).

Days on market20%

456 days on market (full marks at 120+ — more time = more leverage).

$/sqft vs area median25%

$197/sqft vs area median $333/sqft. Lower can mean value — or lower condition/location. Verify.

Seller-motivation signals15%

Soft motivation language (value-add, motivated, tenant-occupied, cash-only).

A screen of the public MLS data we have — not an appraisal, valuation, or investment advice.

Deal calculator

Value-add deal calculator

38 Flanders A # 38, Delray Beach FL 33484, Delray Beach, FL

Recommended max offer

$108,550

Spread vs list (room below list)

$41,450

70% rule MAO

$108,550

Margin-based MAO

$128,400

Est. all-in basis

$138,950

Projected profit

$59,550

Estimates only — not investment advice. Verify ARV and rehab with a licensed pro.