NOT LISTED FOR SALE

Delray Summit 1000 Lowry St Unit Ph-O Floor 8 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $1,730,000 - $2,291,000

3 Beds
3 Baths
2,449 Sq Ft
1966 Built

Sale Details

Date Sold: February 16, 2016

Last sale price $1,300,000 $531 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $14,524 / mo

125 Days on Market

Highlights

  • Doorman
  • Property fronts an intracoastal waterway
  • Penthouse
  • Direct Ocean View
  • Mangrove Front
  • Sauna

About This Home

As of February 2016

Vibrant ocean, Intracoastal, and in-city views from this penthouse condo define this totally and tastefully renovated residence. Sited one block off Atlantic Avenue just East of the bridge on the Intracoastal Waterway, one can encounter sandy beaches, adventure, refinement and fun on the Avenue. Some features include impact glass, marble floors, sauna, new laundry room. Two carport spaces 19 & 20 South and one outdoor (3rd) parking space #1. It has a fully assignable lease and has 19 years remaining on the lease.
This a great opportunity for your most discerning buyer and Delray Summit is back!!!! Built in 1966, the Delray Summit has undergone extensive renovation and restoration making it the newest, upscaled, smart building in Delray Beach!
New roof (2006), new elevators (2014-1 concrete restoration (2013-14), exterior painting (2013-14), Fountain Restoration (2013-14), all common Air conditioning units, Electrical, Mechanical, and Plumbing on first floor replaced (2014-15), entire building has impact glass (2015), extensive landscaping on the two acre site (2013-15), perimeter fence and perimeter lights installed (2013-15), new Club Room (2013-15), New Fitness room under construction, each apartment in building has wireless device which can detect smoke/fire and reports it to a central station in the lobby which in turn sends signal to fire department.

Last Buyer's Agent

MARY BETH WINDLE, LANG REALTY

Douglas Elliman License #543707

Douglas Elliman

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,364

Year Built

  • Built in 1966

Lot Details

  • North Facing Home

HOA Fees

  • $1,497 Monthly HOA Fees

Property Views

Home Design

  • Penthouse
  • Entry on the 8th floor
  • Concrete Block And Stucco Construction

Interior Spaces

  • 2,449 Sq Ft Home
  • Furnished
  • Furniture Available With House
  • Vaulted Ceiling
  • Ceiling Fan
  • Entrance Foyer
  • Combination Dining and Living Room
  • Den
  • Storage Room
  • Sauna
  • Home Security System

Kitchen

  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub and Shower Combination in Primary Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer

Parking

  • 2 Car Attached Garage
  • 2 Carport Spaces
  • Circular Driveway
  • Guest Parking
  • Open Parking
  • Deeded Parking
  • Assigned Parking

Accessible Home Design

  • Accessible Elevator Installed

Outdoor Features

  • Mangrove Front
  • Seawall
  • Patio

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Three-Phase Power
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616330000650

Community Details

Overview

  • 66 Units
  • Delray Summit Condo
  • Delray Summit Condo,Delray Summit Subdivision
  • Mandatory home owners association
  • The community has rules related to no recreational vehicles or boats
  • 8-Story Property

Amenities

  • Doorman
  • Full Time Lobby Attendant
  • Trash Chute
  • Community Center
  • Party Room
  • Secure Lobby
  • Bike Room
  • Elevator

Pet Policy

  • No Pets Allowed

Security

  • Complete Impact Glass
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,364

Year Built

Built in 1966

Lot Details

0 Sq Ft Lot

HOA Fees

$1,497 per month

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Condominium
  • Architectural Style: High Rise, Penthouse
  • Directions: East of Atlantic Bridge, north on Seabreeze, one block to Lowry, Left turn
  • Entry Level: 8
  • Garage Yn: No
  • Horses: No
  • New Construction: No
  • Building Stories: 8
  • Structure Type: Condo
  • Subdivision Name: DELRAY SUMMIT CONDO,Delray Summit
  • MIAMIRE_PoolYN: No
  • MIAMIRE_PetsAllowedYN: No
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 1300000
  • Special Features: VirtualTour
  • Stories: 8

Interior Features

  • Appliances: Electric Water Heater, Dishwasher, Disposal, Dryer, Ice Maker, Microwave, Electric Range, Refrigerator, Washer
  • Interior Amenities: Elevator, Fire Sprinklers, Entrance Foyer, Pantry, Split Bedroom, Volume Ceilings, Walk-In Closet(s), Den/Library/Office, Sauna, Storage, Utility Room/Laundry
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Location: Foyer
  • Flooring: Carpet, Marble
  • Furnished: Furnished, Furniture Only
  • Living Area: 2449
  • Other Equipment: Elevator
  • Stories: 8
  • Window Features: Complete Impact Glass
  • Dining Room Features: Dining/Living Room
  • Living Room Features: Den/Library/Office, Laundry, Pantry, Sauna, Storage Room, Utility Room/Laundry
  • Master Bathroom Features: Combination Tub & Shower

Exterior Features

  • View: Intracoastal View, Ocean, Ocean View, Direct Ocean
  • Construction Type: CBS Construction
  • Direction Faces: North
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Intracoastal Front, Mangrove Front, Seawall
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Park Building Name: DELRAY SUMMIT CONDO
  • Carport Spaces: 2
  • Covered Parking Spaces: 2
  • Open Parking: Yes
  • Parking Features: Assigned, Circular Driveway, Deeded, Driveway, Guest, No Rv/Boats
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Elevator, Trash Chute
  • Cooling: Ceiling Fan(s), Central Air, Zoned
  • Cooling Y N: Yes
  • Electric: 3 Phase Electric
  • Electricity On Property: Yes
  • Heating: Central, Zoned
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Security: Fire Sprinkler System, Fire Sprinklers, Security System, Doorman, Lobby Secured, Lobby Attended
  • Utilities: Sewer Connected, Water Connected, Sewer Available, Water Available

Condo/Co-op/Association

  • Association Fee: 1497
  • Amenities: Bike Storage, Community Room, Elevator(s), Trash Chute
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Community Features: Buyer Approval Required, Mandatory Hoa

Association/Amenities

  • MIAMIRE_TypeofAssociation: Condo

Lot Info

  • Parcel Number: 12434616330000650
  • Zoning: MULTI

Rental Info

  • Pets Allowed: No, Yes

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 7364

Multi Family

  • Number Of Units In Community: 66

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 14, 2015
Closed on
Feb 15, 2016
Sold by
Bought by
Buyer's Agent
MARY BETH WINDLE, LANG REALTY
Douglas Elliman
List Price
$1,550,000
Sold Price
$1,300,000
Premium/Discount to List
-$250,000
-16.13%
Current Estimated Value
$2,014,494

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$714,494
Avg. Annual Appreciation
4.28%
Original Mortgage
$800,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 10, 2010
Sold by
Bought by

Purchase Details

Closed on
Mar 22, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 1, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,500
Interest Rate
6.89%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,300,000 Attorney
-- Attorney
-- None Available
$652,900 --
$375,000 Terramar Guaranty Title & Tr
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $721,000
Closed $800,000
Previous Owner $333,700
Previous Owner $229,500
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/16/2016 02/16/16 Sold $1,300,000 -16.1% $531 / Sq Ft
01/17/2016 01/17/16 Pending -- -- --
09/14/2015 09/14/15 For Sale $1,550,000 -- $633 / Sq Ft
Source: MIAMI REALTORS® MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,617 $1,373,338
2024 $24,617 $1,248,489
2023 $22,974 $1,134,990 $0 $0
2022 $21,017 $1,031,809 $0 $0
2021 $19,040 $938,008 $0 $938,008
2020 $19,369 $946,008 $0 $946,008
2019 $19,484 $941,000 $0 $941,000
2018 $19,070 $941,000 $0 $941,000
2017 $19,455 $941,000 $0 $0
2016 $7,128 $373,016 $0 $0
2015 $7,319 $370,423 $0 $0
2014 $7,365 $367,483 $0 $0
Source: Public Records

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About Delray Summit

Map

Source: MIAMI REALTORS® MLS

MLS Number: R10167602

MIAMI REALTORS® MLS

APN: 12-43-46-16-33-000-0650

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

1000 Lowry St Unit Ph-O, Delray Beach, FL

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MIAMI REALTORS® MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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