NOT LISTED FOR SALE

1040 Ocean Terrace Unit 3 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $2,480,000 - $2,770,000

4 Beds
3 Baths
2,450 Sq Ft
$1,050/Sq Ft Est. Value

About This Home

This home is located at 1040 Ocean Terrace Unit 3, Delray Beach, FL 33483 and is currently estimated at $2,573,243, approximately $1,050 per square foot. 1040 Ocean Terrace Unit 3 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Carver Community Middle School, and Atlantic High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 22, 2025
Sold by
Kennedy Jane Isabel Soper
Bought by
Dipietro Salvatore Joseph
Current Estimated Value
$2,573,243

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,600,000
Outstanding Balance
$1,593,116
Interest Rate
5.63%
Mortgage Type
New Conventional
Estimated Equity
$980,127

Purchase Details

Closed on
Nov 23, 2012
Sold by
Norwood Erwin E and Davidson Sue E
Bought by
Kennedy Jane Isabel Soper

Purchase Details

Closed on
Mar 21, 2006
Sold by
Bienfait Constance C
Bought by
Norwood Erwin E and Davidson Sue E

Purchase Details

Closed on
Jul 21, 2001
Sold by
Alain Sutter M and Melanie Sutter M
Bought by
Cascio Frank E and Cascio Constance C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7.16%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
Dipietro Salvatore Joseph $2,500,000 None Listed On Document
Dipietro Salvatore Joseph $2,500,000 None Listed On Document
Kennedy Jane Isabel Soper $950,000 Attorney
Norwood Erwin E $1,250,000 Southeastern Alliance Title
Cascio Frank E $605,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dipietro Salvatore Joseph $1,600,000
Closed Dipietro Salvatore Joseph $1,600,000
Previous Owner Cascio Frank E $300,000
Source: Public Records

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
2025 $26,506 $1,536,866 -- --
2024 $26,506 $1,397,151 -- --
2023 $25,436 $1,270,137 $0 $0
2022 $23,582 $1,154,670 $0 $0
2021 $21,331 $1,049,700 $0 $1,049,700
2020 $20,704 $1,009,700 $0 $1,009,700
2019 $20,133 $970,700 $0 $970,700
2018 $18,774 $924,396 $0 $924,396
2017 $18,353 $885,492 $0 $0
2016 $18,372 $861,445 $0 $0
2015 $17,938 $812,717 $0 $0
2014 $17,017 $758,989 $0 $0
Source: Public Records

Map

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

1040 Ocean Terrace Unit 3, Delray Beach, FL

Not Listed for Sale

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