NOT LISTED FOR SALE

1027 Bay St Delray Beach, FL 33483

Estimated Value: $3,900,489 - $5,307,000

5 Beds
4 Baths
2,620 Sq Ft
$1,689/Sq Ft Est. Value

Last Sold January 30, 2024

Last sale price $4,200,000 $1,603 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $27,816/month

256 Days on Market

Highlights

  • Heated Pool
  • Pool View
  • Porch
  • Deck
  • Furnished
  • 4-minute walk to Anchor Park

About This Home

As of January 2024

Newer Coastal inspired Beach Home located a block from the Ocean & 4 blocks from Atlantic/trendy award winning Delray. This home is built with thoughtfulness & function for Florida Beach living. Turn key furnished, 5 BR/4BR w/pool, 3outdoor living spaces & built to with stand Fl elements. Incredible screened balcony w/complete living/dining/BBQ area will be a favorite place to relax & entertain.The construction includes, CBS, Impact glass, fire suppression system, Generac generator, whole home water filtration system, elevated a/c units, elevator, audio home sound system, security, cameras, massive 2 car plus garage w/gym & golf cart parking and so much more... Come see the owners coastal inspired interior finishes, impeccable interior design, fabulous living spaces and unparalleled locat

Last Agent to Sell the Property

James Kwon

Prime Realty & Managment Inc. License #454647 Listed on: 05/01/2023

Last Buyer's Agent

Jennifer Kilpatrick

The Corcoran Group License #3243987

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $50,023

Year Built

  • Built in 2019

Lot Details

  • 6,250 Sq Ft Lot
  • Sprinkler System
  • Property is zoned R-1-A(

Parking

  • 2 Car Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Metal Roof

Interior Spaces

  • 2,620 Sq Ft Home
  • 3-Story Property
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Blinds
  • Combination Dining and Living Room
  • Ceramic Tile Flooring
  • Pool Views

Kitchen

  • Eat-In Kitchen
  • Gas Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • 4 Full Bathrooms
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Impact Glass
  • Fire Sprinkler System

Outdoor Features

  • Heated Pool
  • Deck
  • Open Patio
  • Outdoor Grill
  • Porch

Utilities

  • Central Heating and Cooling System
  • Heat Pump System
  • Cable TV Available

Community Details

  • Wheatleys Sub Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616210000140

Home Details

Home Type

Single Family

Est. Annual Taxes

$50,023

Year Built

Built in 2019

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Year Built: 2019
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Closet Cabinetry, Dual Sinks, Eat-in Kitchen, Living/Dining Room, Separate Shower, Central Vacuum
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Disposal, Gas Range, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Ceramic Tile
  • Living Area: 2620.0
  • Dining Room Type: Storage Room
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Deck, Outdoor Grill, Porch, Patio
  • View: Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Deck, Open, Patio, Porch
  • Property Condition: Resale
  • Roof: Metal

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Driveway, Golf Cart Garage, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Security System, Closed Circuit Camera(s), Fire Sprinkler System
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616210000140
  • Lot Size: 63.0 ft x 99.0 ft
  • Lot Size Sq Ft: 6250.0
  • Zoning Description: R-1-A(
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 50023.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2023
Closed on
Jan 30, 2024
Sold by
Fintasticc Llc
Bought by
Frankland Mark and Frankland Karen
Seller's Agent
James Kwon
Prime Realty & Managment Inc.
Buyer's Agent
Jennifer Kilpatrick
The Corcoran Group
List Price
$5,199,000
Sold Price
$4,200,000
Premium/Discount to List
-$999,000
-19.22%
Views
189
Current Estimated Value
$4,426,372

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$226,372
Avg. Annual Appreciation
3.05%

Purchase Details

Closed on
Jul 27, 2022
Sold by
Shaffer and Regina
Bought by
Fintasticc Llc

Purchase Details

Listed on
Oct 7, 2015
Closed on
Mar 1, 2016
Bought by
Shaffer Michael
Seller's Agent
Cheran Marek
Douglas Elliman
Buyer's Agent
Michele Westbrook
Inactive Member
List Price
$1,299,000
Sold Price
$1,020,000
Premium/Discount to List
-$279,000
-21.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.46%

Purchase Details

Closed on
Dec 27, 2006
Sold by
Adams Scott
Bought by
Green Christopher

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,250
Interest Rate
8.52%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 5, 1998
Sold by
Ashton Realty Assoc
Bought by
Adams Scott

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,250
Interest Rate
6.96%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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

Date Buyer Sale Price Title Company
Frankland Mark $4,200,000 Patch Reef Title
Frankland Mark $4,200,000 Patch Reef Title
Fintasticc Llc -- Stephen A Schorr Pa
Shaffer Michael $1,020,000 --
Green Christopher $875,000 Attorney
Adams Scott $272,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Green Christopher $656,250
Previous Owner Adams Scott $50,000
Previous Owner Adams Scott $217,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/30/2024 01/30/24 Sold $4,200,000 -6.7% $1,603 / Sq Ft
01/16/2024 01/16/24 Pending -- -- --
12/26/2023 12/26/23 Price Changed $4,500,000 -9.9% $1,718 / Sq Ft
10/24/2023 10/24/23 Price Changed $4,995,000 -3.9% $1,906 / Sq Ft
05/05/2023 05/05/23 For Sale $5,199,000 0.0% $1,984 / Sq Ft
12/01/2022 12/01/22 Rented $30,000 0.0% --
07/28/2022 07/28/22 For Rent $30,000 0.0% --
03/16/2016 03/16/16 Sold $1,020,000 -21.5% $570 / Sq Ft View Prior Sale
02/15/2016 02/15/16 Pending -- -- --
10/07/2015 10/07/15 For Sale $1,299,000 -- $725 / Sq Ft
Source: BeachesMLS

Tax History Compared to Growth

Source: Public Records

Tax History

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
2024 $55,224 $2,936,185 -- --
2023 $50,534 $2,669,259 $1,168,228 $1,501,031
2022 $50,023 $2,536,103 $0 $0
2021 $46,564 $2,305,548 $747,111 $1,558,437
2020 $46,784 $2,296,132 $721,000 $1,575,132
2019 $14,466 $700,000 $700,000 $0
2018 $14,370 $710,529 $710,529 $0
2017 $17,134 $822,567 $710,529 $112,038
2016 $15,923 $699,476 $0 $0
2015 $14,561 $635,887 $0 $0
2014 $13,223 $578,079 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10886094

BeachesMLS

APN: 12-43-46-16-21-000-0140