$950,000
SOLD JAN 30, 2025
3 Beds
2.5 Baths
2,100 Sq Ft
$1,200/mo HOA Fee

Recently Sold

$452 Per Sq Ft

17% Below List Price

289 Days on Market

Highlights

  • Water Views
  • Furnished
  • Separate Shower in Primary Bathroom
  • High Ceiling
  • Impact Glass
  • Built-In Features

About This Home

As of January 2025

Nestled in the heart of downtown Delray Beach, this exceptional penthouse loft exudes industrial charm and contemporary elegance, offering a one-of-a-kind living experience just one block away from the vibrant Atlantic Boulevard.As you step into this remarkable residence, you're greeted by a spacious open floor plan adorned with painted concrete floors, exposed spiral metal ductwork, and high ceilings, creating a chic and inviting atmosphere. The living area seamlessly flows into the sleek kitchen, equipped with stainless steel appliances and European cabinetry, perfect for culinary enthusiasts and entertainers alike.

Last Agent to Sell the Property

Kristine True

Oceanfront Real Estate & Dev I License #3004340 Listed on: 04/11/2024

Co-Listed By

Kristian True

Oceanfront Real Estate & Dev I License #3433906

Last Buyer's Agent

Thalia Arellano

Sutter & Nugent LLC License #3392005

Sutter & Nugent LLC

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,937

Year Built

  • Built in 2004

HOA Fees

  • $1,200 Monthly HOA Fees

Interior Spaces

  • 2,100 Sq Ft Home
  • 3-Story Property
  • Furnished
  • Built-In Features
  • High Ceiling
  • Ceiling Fan
  • Combination Dining and Living Room
  • Concrete Flooring
  • Water Views
  • Home Security System
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Parking

  • Over 1 Space Per Unit
  • Covered Parking
  • Guest Parking
  • Deeded Parking

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616h50003010

Community Details

Overview

  • Association fees include management, insurance, ground maintenance, maintenance structure, trash
  • 7 Units
  • Downtown Lofts Condo Subdivision

Security

  • Impact Glass
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,937

Year Built

Built in 2004

Lot Details

0

HOA Fees

$1,200 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: I-95 TO ATLANTIC AVE. EAST TO SE 4TH AVE, GO SOUTH ONE BLOCK. PROPERTY ON EAST SIDE.
  • Year Built: 2004
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Built-in Features, Dual Sinks, High Ceilings, Living/Dining Room, Pantry, Separate Shower, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Concrete
  • Living Area: 2100.0
  • Stories: 3
  • Window Features: Impact Glass

Exterior Features

  • View: Water
  • Pool Features: None
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Deeded, Guest, Two or More Spaces

Utilities

  • Security: Security System, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s)
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1200.0
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Association: Yes

Fee Information

  • Association Fee Includes: Association Management, Insurance, Maintenance Grounds, Maintenance Structure, Trash

Lot Info

  • Parcel #: 12434616h50003010
  • Zoning Description: CBD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 11937.0

Multi Family

  • Number Of Units In Community: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2024
Closed on
Jan 30, 2025
Sold by
Watson Laurie J and Watson Robert J
Bought by
763389 Nb Inc
Seller's Agent
Kristine True
Oceanfront Real Estate & Dev I
Buyer's Agent
Thalia Arellano
Sutter & Nugent LLC
List Price
$1,150,000
Sold Price
$950,000
Premium/Discount to List
-$200,000
-17.39%
Views
116
Current Estimated Value
$960,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$10,801
Avg. Annual Appreciation
4.87%

Purchase Details

Closed on
Aug 30, 2010
Sold by
Bailyn Jay B
Bought by
Watson Laurie J

Purchase Details

Closed on
Aug 8, 2005
Sold by
Beck Stanley and Beck Carol
Bought by
Bailyn Jay B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Aug 1, 2005
Sold by
Fourth Street Studio Llc
Bought by
103 Knight Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
5.48%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 3, 2004
Sold by
Downtown Lofts Group Llc
Bought by
Beck Stanley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $950,000 Suncoast Title
Warranty Deed $300,000 Patch Reef Title Company Inc
Warranty Deed $540,000 --
Warranty Deed $340,000 --
Warranty Deed $360,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $367,500 New Conventional
Previous Owner $430,000 Fannie Mae Freddie Mac
Previous Owner $289,000 Purchase Money Mortgage
Previous Owner $324,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/30/2025 01/30/25 Sold $950,000 -4.9% $452 / Sq Ft
01/26/2025 01/26/25 Pending -- -- --
12/27/2024 12/27/24 Price Changed $999,000 -13.1% $476 / Sq Ft
11/02/2024 11/02/24 For Sale $1,150,000 +21.1% $548 / Sq Ft
10/31/2024 10/31/24 Off Market $950,000 -- --
04/11/2024 04/11/24 For Sale $1,150,000 -- $548 / 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 $12,691 $598,950 -- --
2023 $11,937 $544,500 $0 $0
2022 $10,793 $495,000 $0 $0
2021 $9,644 $450,000 $0 $450,000
2020 $9,159 $435,000 $0 $435,000
2019 $8,318 $380,000 $0 $380,000
2018 $8,150 $380,000 $0 $380,000
2017 $8,399 $405,000 $0 $0
2016 $8,117 $340,736 $0 $0
2015 $7,769 $309,760 $0 $0
2014 $7,441 $281,600 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10977113

BeachesMLS

APN: 12-43-46-16-H5-000-3010