NOT LISTED FOR SALE

Estimated Value: $7,748,000 - $8,414,000

4 Beds
4.5 Baths
3,879 Sq Ft
$2,082/Sq Ft Est. Value

Sale Details

Date Sold: July 2, 2018

Last sale price $6,200,000 $1,598 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $50,709 / mo

23 Days on Market

Highlights

  • Private Dock
  • Boat Lift
  • Wood Flooring
  • Property fronts an intracoastal waterway
  • Pool
  • Attic

About This Home

As of July 2018

Boasting 161 feet of direct Intracoastal waterfrontage, 1010 Beach Drive invites South Florida luxury living. Nestled between two of East Delray's premier streets with a second entrance on 1031 Seaspray Avenue, the expansive waterfront compound is located blocks from the ocean and Atlantic Avenue's shops and restaurants. Recently renovated, the four-bedroom residence combines a coastal island flair with designer elegance to create a tropical oasis complete with stunning water views and an open floor plan that invites the outdoors in. The spacious covered loggia provides room for outdoor living and entertaining amidst the manicured grounds that perfectly frame the resort-style pool. Boating is a breeze with private dock, lift and nearby inlets. Enjoy serene seaside living at its best! Enjoy all that East Delray Beach has to offer plus easy access to Palm Beach and Boca Raton via A1A. Jetsetters will appreciate the nearby private airports and three international airports. Serious and recreational boaters alike will appreciate the 161 feet of direct Intracoastal waterfrontage with the added benefit of being set back on a basin providing wider unobstructed views with private dock, lift and a short distance to the nearby inlets. Situated on almost two-thirds of an acre, the waterfront compound can be accessed via Beach Drive and Seaspray Avenue with an expansive pass-through driveway that provides ample parking. The manicured landscape accentuates the home's exterior with a walkway leading to the front porch. The impressive front door with glass feature provides a hint of the exceptional interior and water views that await. Thanks to a major renovation, the interior enjoys an open floor plan with a coastal palette including hardwood floors, custom molding and high-end finishes throughout. The foyer flows effortlessly to the dining area, living room and covered loggia beyond. The living room has an entire wall of vanishing pocket sliders that invite the outdoors in with the covered loggia continuing to the tropical landscaped grounds, infinity pool and waterway beyond. The spacious chef's kitchen features top-of-the-line appliances including Subzero, Wolf and Thermador; large island with sink and snack bar seating; plenty of cabinets and storage; full-height wine cooler; pass-through door to dining room and a lovely breakfast area overlooking the waterway with a doorway to the covered loggia. The bedroom wing is conveniently situated at the north end of the home with each room located off of a generous hallway for maximum privacy. Two of the guest bedrooms have en suite baths and plenty of closet space. The generous master suite is complete with water views, white paneled ceiling, sliding door to pool and grounds, dressing area and completely renovated master bath with marble walls, custom glass walk-in steam shower, double sink vanity and inlay floors. The fourth bedroom could be converted to an office, play room or incorporated into the master suite as a closet. There is a full bath just off the living room and foyer. The laundry room is conveniently located between the kitchen and garage with separate entrances to the front driveway and the pool/outdoor shower. The laundry room has ample storage, a laundry sink and brand new full-sized washer and dryer. The two-car garage is bright with windows and a separate glass door to the backyard and plenty of room for work space and storage. There are three separate attics. With 161 feet of direct waterfrontage set back from the main waterway, this property offers a rare opportunity for outdoor enjoyment on both land and sea. The covered loggia has plenty of room for outdoor living and dining with porcelain floors that extend out to the poolside terrace. Enjoy endless hours of outdoor entertaining and lounging around the resort-style infinity pool with sun shelf and spa. The tropical grounds include a sandy beach feature with built-in firepit all overlooking the waterway. The private dock has lift and water with electric that can be hooked up. Enjoy day trips along the Intracoastal or venture out on the high seas via nearby Boca Raton and Boynton Beach Inlets. Major renovations completed in 2015/2016 include new paint in interior and exterior; addition of pool with Smart controls; hardwood floors installed; updated kitchen, laundry room with half bath, and master suite; covered loggia and outdoor living area with porcelain floor, awnings and cooking area with gas stub; custom cabinetry; impact windows with the exception of front door and dining area bay window; electrical updates including LED lighting; non-wood decking at dock; new zoned irrigation and landscape with raised grade/elevation throughout, gas firepit and pavers with synthetic turf spines at pool; new gutters and downspouts; new impact resistant garage door; and new paver walk ways. The East Delray Beach compound provides privacy for tranquil retreats and plenty of room to entertain or take a golf cart ride to the nearby beach, shops and restaurants. The waterfront property located at 1010 Beach Drive is the perfect destination for enjoying South Florida Luxury Living.

Last Buyer's Agent

Nicholas Malinosky

Douglas Elliman License #3103961

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $65,793

Year Built

  • Built in 1966

Lot Details

  • 26,483 Sq Ft Lot
  • Property fronts an intracoastal waterway
  • Cul-De-Sac
  • East Facing Home
  • Fenced
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Parking Garage Space

Home Design

  • Tile Roof
  • Concrete Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,879 Sq Ft Home
  • Property has 1 Level
  • Built-In Features
  • Sliding Windows
  • Entrance Foyer
  • Combination Dining and Living Room
  • Wood Flooring
  • Intracoastal
  • Partial Impact Glass
  • Attic

Kitchen

  • Breakfast Area or Nook
  • Built-In Self-Cleaning Oven
  • Gas Range
  • Microwave
  • Free-Standing Freezer
  • Ice Maker
  • Dishwasher
  • Cooking Island
  • Snack Bar or Counter
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Closet Cabinetry
  • Dual Sinks
  • Shower
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Outdoor Shower
  • Boat Lift
  • Private Dock
  • Patio

Additional Features

  • East of U.S. Route 1
  • Zoned Heating and Cooling

Listing and Financial Details

  • Assessor Parcel Number 12434616240000140

Community Details

Overview

  • No Home Owners Association
  • Sea Spray Estates Subdivision

Recreation

  • Community Boat Dock
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$65,793

Year Built

Built in 1966

Lot Details

0.61 Acres

Parking

2

Listing Details

  • Property Type: Residential
  • Year Built: 1966
  • Property Sub Type: Single Family Residence
  • Directions: East Atlantic Avenue to Andrews Ave, north to Seaspray Ave, west to property at end of street
  • Garage Yn: Yes
  • Horses: No
  • Inclusions: Boatlift,Dock Available,Private Dock, Electric Available,Lift,Private Dock,Water Available
  • Unit Levels: 1
  • Lot Size Acres: 0.61
  • New Construction: No
  • Road Frontage Type: U.S. Hwy
  • Building Stories: 1
  • Structure Type: House
  • Subdivision Name: Sea Spray Estates
  • Year Built Details: Resale
  • MIAMIRE_PoolYN: Yes
  • MIAMIRE_PetsAllowedYN: Yes
  • MIAMIRE_MembershipPurchRqdYN: No
  • LastStatus: Pending
  • CurrentPrice: 6200000
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Free-Standing Freezer, Ice Maker, Microwave, Gas Range, Refrigerator, Self Cleaning Oven, Wall Oven, Washer
  • Interior Amenities: Built-in Features, Closet Cabinetry, Cooking Island, Entrance Foyer, Attic, Utility Room/Laundry
  • Spa Yn: Yes
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Location: Foyer
  • Flooring: Other, Wood
  • Furnished: Unfurnished
  • Living Area: 3879
  • Other Equipment: Natural Gas
  • Stories: 1
  • Window Features: Partial Impact Glass, Sliding
  • Bedroom Features: At Least 1 Bedroom Ground Level, Primary Bedroom Ground Level, Primary Bath Shower
  • Dining Room Features: Breakfast Area, Dining/Living Room, Snack Bar/Counter
  • Living Room Features: Attic, Laundry, Utility Room/Laundry
  • Master Bathroom Features: Dual Sinks, Shower Only

Exterior Features

  • Roof: Tile, Concrete, Tile Roof
  • View: Intracoastal View, Pool
  • Exterior Features: East Of Us1, Outdoor Shower
  • Construction Type: CBS Construction
  • Direction Faces: East
  • Fencing: Fenced
  • Lot Features: 1/2 To Less Than 3/4 Acre Lot, Cul-De-Sac, East Of US 1, Fenced
  • Other Structures: Livable
  • Patio And Porch Features: Patio
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Intracoastal Front
  • Waterfront: Yes

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2
  • Garage Spaces: 2
  • Parking Features: 2 Or More Spaces, Parking Garage
  • Total Parking Spaces: 2

Utilities

  • Sewer: At Site, Public Sewer, Other, Public Sanitation, Sewer
  • Water Source: Public
  • Green Building Features: Compressed Natural Gas
  • Cooling: Central Air, Zoned
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Laundry Features: Laundry Room, Utility Room/Laundry
  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected, Natural Gas Available, Sewer Available, Water Available
  • Gas Company: Natural Gas

Condo/Co-op/Association

  • Amenities: Boat Dock, None, Private Pool
  • Association: No
  • Community Features: None

Lot Info

  • Parcel Number: 12434616240000140
  • Lot Size Sq Ft: 26483
  • Zoning: R-1-AA

Rental Info

  • Pets Allowed: Yes

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 65793

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

Closed on
Nov 24, 2020
Sold by
Bought by
Current Estimated Value
$8,075,153

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,605,000
Outstanding Balance
$3,104,297
Interest Rate
2.25%
Mortgage Type
New Conventional
Estimated Equity
$4,970,856

Purchase Details

Closed on
May 23, 2017
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
$2,000,000
Interest Rate
2.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 17, 2017
Sold by
Bought by

Purchase Details

Closed on
Apr 29, 2011
Sold by
Bought by

Purchase Details

Closed on
Aug 18, 2005
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
$2,500,000
Interest Rate
5.87%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 22, 2005
Sold by
Bought by

Purchase Details

Closed on
Jun 6, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 5, 2002
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
$362,500
Interest Rate
4%
Source: Public Records
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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
$5,150,000 Attorney
-- Attorney
$4,000,000 Chicago Title Insurance Co
$945,000 Attorney
$4,200,000 --
$3,800,000 --
$758,500 --
$758,500 --
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 $3,605,000
Previous Owner $2,000,000
Previous Owner $1,000,000
Previous Owner $2,500,000
Previous Owner $362,500
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 Prior Sale
07/02/2018 07/02/18 Sold $6,200,000 -8.8% $1,598 / Sq Ft
06/02/2018 06/02/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $6,800,000 +142.9% $1,753 / Sq Ft
10/18/2012 10/18/12 Sold $2,800,000 -20.0% $722 / Sq Ft View Prior Sale
09/18/2012 09/18/12 Pending -- -- --
02/02/2012 02/02/12 For Sale $3,499,000 -- $902 / 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 $80,519 $4,374,738
2024 $77,032 $4,251,446
2023 $77,632 $4,127,617 $0 $0
2022 $77,455 $4,007,395 $0 $0
2021 $77,876 $3,890,675 $1,508,013 $2,382,662
2020 $69,387 $3,439,854 $0 $0
2019 $68,569 $3,362,516 $1,400,000 $1,962,516
2018 $66,344 $3,325,116 $1,379,262 $1,945,854
2017 $62,633 $3,079,112 $0 $0
2016 $63,108 $3,015,781 $0 $0
2015 $64,836 $2,994,817 $0 $0
2014 $66,711 $3,035,161 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: MIAMI REALTORS® MLS

MLS Number: R10430765

MIAMI REALTORS® MLS

APN: 12-43-46-16-24-000-0130

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