$1,363,672 - $1,792,000
RENTED MAY 29, 2025

111 First Delray 111 SE 1st Ave Unit 408 Delray Beach, FL 33444

Downtown Delray Beach Neighborhood
3 Beds
3 Baths
1,522 Sq Ft
2019 Built

Last Sold November 08, 2019

Last sale price $1,000,000 $657 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $10,275/month

Highlights

  • Water Views
  • Fitness Center
  • Community Wi-Fi
  • Community Cabanas
  • Furnished
  • Bike Room

About This Home

As of May 2025

Luxury, turnkey rental available for off season, annual furnished or 2026 season. This 3 bedroom, 3 bath, contemporary condo is steps away from Atlantic Ave in downtown Delray. 111 First is a sleek, smart building with beautifully designed luxury finishes & equipped with modern-day technology and security, plus a few fun and convenient perks: Home automation system Secure and covered resident parking with extraordinary guest parking, Secure bicycle parking, State-of-the-art fitness center and Entertainment deck. The deck features swimming pool, cabanas, summer kitchen, bar, billiards, fire pit, and TV. Inquire for rent prices which differ depending on months/term.

Last Agent to Rent the Property

Jennifer Boyce

Posh Properties License #3299847 Listed on: 03/10/2025

Posh Properties

Last Renter's Agent

Jennifer Boyce

Posh Properties License #3299847 Listed on: 03/10/2025

Posh Properties

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,347

Year Built

  • Built in 2019

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Interior Spaces

  • 1,522 Sq Ft Home
  • Furnished
  • Entrance Foyer
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

Schools

  • Carver; G.W. Middle School
  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Property Available on 5/1/25
  • Assessor Parcel Number 12434616q20004080
  • Seller Considering Concessions

Community Details

Overview

  • Association fees include internet
  • 111 First Delray Condo Subdivision

Amenities

  • Bike Room
  • Community Wi-Fi

Recreation

  • Community Cabanas

Security

  • Fire Sprinkler System

Condo Details

Home Type

Condominium

Est. Annual Taxes

$23,347

Year Built

Built in 2019

Lot Details

0

Parking

2

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2025-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Year Built: 2019
  • Entry Level: 4
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Microwave, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1522.0

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No

Garage/Parking

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

Utilities

  • Security: Fire Sprinkler System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Internet Access, Non-Gated, Pool, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Pool

Fee Information

  • Association Fee Includes: Internet

Schools

  • High School: Atlantic Technical
  • Middle Or Junior School: Carver; G.W.

Lot Info

  • Parcel #: 12434616q20004080
  • Lot Size: 1 to < 2 Acres

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 5, 2019
Closed on
Nov 8, 2019
Sold by
Sofa I Llp
Bought by
Shamus Kenneth and Shamus Iris
Seller's Agent
Lorenzo Bernal
One Sotheby's International Realty
Buyer's Agent
RICKY HEN
Lokally Realty LLC
List Price
$1,000,000
Sold Price
$1,000,000
Current Estimated Value
$1,521,418

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$521,418
Avg. Annual Appreciation
8.53%
Original Mortgage
$600,000
Outstanding Balance
$524,784
Interest Rate
2.75%
Mortgage Type
New Conventional
Estimated Equity
$1,078,640
Source: Public Records

Range of Values:

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.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Shamus Kenneth $1,000,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shamus Kenneth $600,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2025 05/29/25 Rented $7,800 0.0% --
05/14/2025 05/14/25 Under Contract -- -- --
03/10/2025 03/10/25 For Rent $7,800 +4.0% --
05/28/2024 05/28/24 Rented $7,500 0.0% --
02/28/2024 02/28/24 Price Changed $7,500 -11.8% $5 / Sq Ft
02/12/2024 02/12/24 For Rent $8,500 -15.0% --
05/01/2023 05/01/23 Rented $10,000 0.0% --
04/17/2023 04/17/23 Under Contract -- -- --
01/29/2023 01/29/23 For Rent $10,000 -41.2% --
01/07/2023 01/07/23 Rented $17,000 -5.6% --
10/31/2022 10/31/22 Under Contract -- -- --
10/18/2022 10/18/22 For Rent $18,000 0.0% --
11/08/2019 11/08/19 Sold $1,000,000 0.0% $620 / Sq Ft
11/05/2019 11/05/19 For Sale $1,000,000 -- $620 / 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 $23,347 $1,158,636 -- --
2023 $22,741 $1,053,305 $0 $0
2022 $19,832 $957,550 $0 $0
2021 $18,523 $870,500 $0 $870,500
2020 $17,184 $800,500 $0 $800,500
Source: Public Records

Agents Affiliated with this Home

  • J

    Landlord's Agent in 2025

    Jennifer Boyce

    Posh Properties

    (561) 254-9349

    1 in this area

    41 Total Sales

    Section Image
  • Mandy Siegel

    Buyer's Agent in 2024

    Mandy Siegel

    The Property Xperts

    (561) 632-9350

    54 Total Sales

    Section Image

  • H

    Seller Co-Listing Agent in 2023

    Harry Chu

    United Realty Group Inc

    (561) 756-1780

    1 in this area

    20 Total Sales

    Section Image
  • David Mundt

    Buyer's Agent in 2023

    David Mundt

    Signature Int'l Premier Properties

    (561) 670-0403

    149 Total Sales

    Section Image

  • P

    Buyer's Agent in 2023

    Paige Fiedorowicz

    Posh Properties

    (561) 569-7962

    4 in this area

    85 Total Sales

    Section Image

  • L

    Seller's Agent in 2019

    Lorenzo Bernal

    One Sotheby's International Realty

    (561) 702-5263

    12 in this area

    38 Total Sales

    Section Image
See All Agents

About 111 First Delray

Map

Source: BeachesMLS

MLS Number: R11069906

BeachesMLS

APN: 12-43-46-16-Q2-000-4080

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

111 SE 1st Ave Unit 408, Delray Beach, FL

This home is located at 111 SE 1st Ave Unit 408, Delray Beach, FL 33444 since 10 March 2025 and is currently priced at $1,521,418. This property was built in 2019. 111 SE 1st Ave Unit 408 is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

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.

Nearby Homes