NOT LISTED FOR SALE

111 First Delray 111 SE 1st Ave Unit 401 Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,167,000 - $1,419,000

3 Beds
2.5 Baths
1,363 Sq Ft
$920/mo HOA Fee

Last Sold September 03, 2024

Last sale price $1,285,000 $943 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $8,604/month

131 Days on Market

Highlights

  • Clubhouse
  • Furnished
  • Elevator
  • Pool View
  • Community Pool
  • Bike Room

About This Home

As of September 2024

Welcome to the epitome of luxury living at beautiful 111 First Delray! This stunning 3 bed, 2 and a half bath unit boasts the perfect trifecta - LOCATION, LOCATION, LOCATION! Nestled in the heart of Delray Beach, this newer building offers the ultimate urban lifestyle, just a stone's throw away from the iconic Atlantic Avenue, 5-star dining, nightlife, and pristine beaches. Step into your fully furnished turnkey unit, where no expense has been spared to bring you the ultimate in modern elegance. From the sleek Bosch appliances to the electric blinds and flat-screen TVs in every room, you'll enjoy the very best of everything. Sip your morning coffee on the outdoor patio with panoramic views of the sparkling pool deck, the perfect spot to unwind and soak up the Florida Sunshine.

Last Agent to Sell the Property

Jeff Gonzalez

Epique Realty, Inc. License #3416344 Listed on: 03/29/2024

Last Buyer's Agent

Justin Giambattista

The Keyes Company License #3500943

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $17,507

Year Built

  • Built in 2019

Lot Details

  • 1.12

HOA Fees

  • $920 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 4th floor
  • Tar and Gravel Roof

Interior Spaces

  • 1,363 Sq Ft Home
  • Furnished
  • Built-In Features
  • Blinds
  • Combination Kitchen and Dining Room
  • Tile Flooring
  • Washer and Dryer

Kitchen

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

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet

Home Security

Outdoor Features

  • Outdoor Grill

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616q20004010

Community Details

Overview

  • Association fees include common areas, insurance, maintenance structure, pool(s), recreation facilities, roof, trash
  • 66 Units
  • 111 First Delray Condo Subdivision
  • 5-Story Property

Amenities

  • Billiard Room
  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

Pet Policy

  • Pets Allowed

Security

  • Impact Glass
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$17,507

Year Built

Built in 2019

Lot Details

0

HOA Fees

$920 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Building located on SE First Ave between SE First St and SE Second St
  • Year Built: 2019
  • Entry Level: 4
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Kitchen/Dining Combo, Split Bedrooms, Walk-In Closet(s)
  • Private Spa: No
  • Furnished: Furnished
  • Appliances: Cooktop, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Tile
  • Living Area: 1363.0
  • Dining Room Type: Storage Room
  • Stories: 5
  • Window Features: Blinds, Impact Glass

Exterior Features

  • Exterior Features: Outdoor Grill
  • View: Pool
  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale
  • Roof: Tar/Gravel

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest, Two or More Spaces, Garage Door Opener

Utilities

  • Security: Smoke Detector(s)
  • Cooling: Central Air
  • 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: 920.0
  • Community Features: Non-Gated, Pool
  • Senior Community: No
  • Amenities: Billiard Room, Bike Storage, Clubhouse, Pool, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Insurance, Maintenance Structure, Pool(s), Recreation Facilities, Roof, Trash

Lot Info

  • Parcel #: 12434616q20004010
  • Lot Size: West of US-1
  • Zoning Description: CBD

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 17507.0

Multi Family

  • Number Of Units In Community: 66

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Sep 3, 2024
Sold by
Monda Michael R and Monda Danielle R
Bought by
Delserone Ralph P
Seller's Agent
Jeff Gonzalez
Epique Realty, Inc.
Buyer's Agent
Justin Giambattista
The Keyes Company
List Price
$1,495,000
Sold Price
$1,285,000
Premium/Discount to List
-$210,000
-14.05%
Views
49
Current Estimated Value
$1,253,683

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$31,317
Avg. Annual Appreciation
-2.12%
Original Mortgage
$832,000
Outstanding Balance
$823,099
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$430,584

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 4, 2019
Sold by
Sofa I Lllp
Bought by
Monda Michael R and Monda Danielle
Seller's Agent
Lorenzo Bernal
One Sotheby's International Realty
Buyer's Agent
John Stilley
United Realty Group, Inc
List Price
$790,000
Sold Price
$790,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.62%
Source: Public Records

Range of Values:

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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
Delserone Ralph P $1,285,000 None Listed On Document
Monda Michael R $790,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Delserone Ralph P $832,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/03/2024 09/03/24 Sold $1,285,000 -12.3% $943 / Sq Ft
08/08/2024 08/08/24 Pending -- -- --
05/02/2024 05/02/24 Price Changed $1,465,000 -2.0% $1,075 / Sq Ft
03/29/2024 03/29/24 For Sale $1,495,000 +89.2% $1,097 / Sq Ft
11/08/2019 11/08/19 Sold $790,000 0.0% $560 / Sq Ft View Prior Sale
11/05/2019 11/05/19 For Sale $790,000 -- $560 / 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 $13,464 $891,770 -- --
2023 $17,507 $810,700 $0 $0
2022 $15,274 $737,000 $0 $0
2021 $14,279 $670,000 $0 $670,000
2020 $13,544 $630,000 $0 $630,000
Source: Public Records

Agents Affiliated with this Home

  • Jeff Gonzalez

    Seller's Agent in 2024

    Jeff Gonzalez

    Epique Realty, Inc.

    (561) 398-1280

    6 in this area

    37 Total Sales

    Jeff Gonzalez
    Section Image

  • J

    Buyer's Agent in 2024

    Justin Giambattista

    The Keyes Company

    (954) 545-5583

    1 in this area

    4 Total Sales

    Justin Giambattista
    Section Image

  • L

    Seller's Agent in 2019

    Lorenzo Bernal

    One Sotheby's International Realty

    (561) 702-5263

    11 in this area

    39 Total Sales

    Lorenzo Bernal
    Section Image

  • C

    Seller Co-Listing Agent in 2019

    Constance 'Conni Hudson, PA

    One Sotheby's International Realty

    (561) 445-4003

    15 in this area

    35 Total Sales

    Constance 'Conni Hudson, PA
    Section Image
  • John Stilley

    Buyer's Agent in 2019

    John Stilley

    United Realty Group, Inc

    (561) 271-1690

    8 Total Sales

    John Stilley
    Section Image
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About 111 First Delray

Map

Source: BeachesMLS

MLS Number: R10973104

BeachesMLS

APN: 12-43-46-16-Q2-000-4010

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

111 SE 1st Ave Unit 401, 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.

BeachesMLS 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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