NOT LISTED FOR SALE

111 First Delray 111 SE 1st Ave Unit 508 Delray Beach, FL 33444

Downtown Delray Beach Neighborhood

Estimated Value: $1,387,840 - $1,809,000

3 Beds
3 Baths
1,614 Sq Ft
$605/mo HOA Fee

Last Sold November 21, 2019

Last sale price $1,015,243 $629 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $11,254/month

966 Days on Market

Highlights

  • Water Views
  • Fitness Center
  • Elevator
  • Community Cabanas
  • Great Room
  • Bike Room

About This Home

As of November 2019

Contemporary urban living steps away from Atlantic Ave in downtown Delray. TAKE ADVANTAGE OF PRECONSTUCTION PRICING. 111 First will be a sleek 70-unit, smart building with beautifully designed 1, 2 & 3 bedroom units. Units equipped with modern-day technology and security, plus a few fun and convenient perks: Roof top deck, Home automation system Designer selected finishes with upgrade options Secure and covered resident parking with extraordinary guest parking Up to 1GB internet download speeds Secure bicycle parking and private storage space State-of-the-art fitness center Entertainment deck includes swimming pool, cabanas, summer kitchen, bar, billiards, fire pit, and TVs Atrium lobby Low COA dues.

Last Agent to Sell the Property

Lorenzo Bernal

One Sotheby's International Realty License #395529 Listed on: 02/27/2017

One Sotheby's International Realty

Co-Listed By

Constance 'Conni Hudson, PA

One Sotheby's International Realty License #3218739

Last Buyer's Agent

Jaclyn Impaglia

The Keyes Company License #3232333

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,405

Year Built

  • Built in 2017

Lot Details

  • 1

HOA Fees

  • $605 Monthly HOA Fees

Parking

  • Over 1 Space Per Unit
  • Assigned Parking

Interior Spaces

  • 1,614 Sq Ft Home
  • Entrance Foyer
  • Great Room
  • Open Floorplan
  • Ceramic Tile Flooring
  • Water Views

Kitchen

  • Electric Range
  • 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
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616k80020000

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, recreation facilities, sewer, security, water
  • 70 Units
  • 111 First Delray Subdivision
  • 5-Story Property

Amenities

  • Elevator
  • Bike Room
  • Community Storage Space

Recreation

  • Community Cabanas

Pet Policy

  • Pets Allowed

Security

  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,405

Year Built

Built in 2017

Lot Details

0

HOA Fees

$605 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: From I95 East on Atlantic Ave to SE 1st Ave, make a right to property on left. Sales office at 12 SE 1st Ave #102 open Mon to Sat 10 to 5. Sunday 12 to 5.
  • Year Built: 2017
  • Entry Level: 5
  • Special Features: None

Interior Features

  • Interior Amenities: Entrance Foyer, Kitchen/Dining Combo, Living/Dining Room, Split Bedrooms, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Flooring: Ceramic Tile
  • Living Area: 1614.0
  • Dining Room Type: Great Room, Storage Room
  • Stories: 5

Exterior Features

  • View: Water
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront: No
  • Disclosures: Home Warranty
  • Construction Type: Block

Garage/Parking

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

Utilities

  • Security: Fire Sprinkler System
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 605.0
  • Community Features: Pool, Sidewalks
  • Senior Community: No
  • Amenities: Bike Storage, Cabana, Fitness Center, Pool, Storage, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Recreation Facilities, Sewer, Security, Water

Schools

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

Lot Info

  • Parcel #: 12434616k80020000
  • Zoning Description: res
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017

Multi Family

  • Number Of Units In Community: 70

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2017
Closed on
Nov 21, 2019
Sold by
Sofa I Lllp
Bought by
Vichness Shaul and Arnold Ittamar
Seller's Agent
Lorenzo Bernal
One Sotheby's International Realty
Buyer's Agent
Jaclyn Impaglia
The Keyes Company
List Price
$999,255
Sold Price
$1,015,243
Premium/Discount to List
$15,988
1.6%
Current Estimated Value
$1,588,886

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$573,643
Avg. Annual Appreciation
8.74%
Original Mortgage
$812,000
Outstanding Balance
$722,226
Interest Rate
3.5%
Mortgage Type
New Conventional
Estimated Equity
$918,757
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
Vichness Shaul $1,015,243 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vichness Shaul $812,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/21/2019 11/21/19 Sold $1,015,243 +1.6% $629 / Sq Ft
10/22/2019 10/22/19 Pending -- -- --
02/27/2017 02/27/17 For Sale $999,255 -- $619 / 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 $23,405 $1,161,820 -- --
2023 $22,798 $1,056,200 $0 $0
2022 $19,887 $960,182 $0 $0
2021 $18,574 $872,893 $0 $872,893
2020 $17,236 $802,972 $0 $802,972
Source: Public Records

Agents Affiliated with this Home

  • 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

  • C

    Seller Co-Listing Agent in 2019

    Constance 'Conni Hudson, PA

    One Sotheby's International Realty

    (561) 445-4003

    16 in this area

    37 Total Sales

    Section Image

  • J

    Buyer's Agent in 2019

    Jaclyn Impaglia

    The Keyes Company

    (561) 542-0706

    11 Total Sales

    Section Image
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About 111 First Delray

Map

Source: BeachesMLS

MLS Number: R10311883

BeachesMLS

APN: 12-43-46-16-Q2-000-5080

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

111 SE 1st Ave Unit 508, Delray Beach, FL

This home is located at 111 SE 1st Ave Unit 508, Delray Beach, FL 33444 since 27 February 2017 and is currently estimated at $1,561,960, approximately $967 per square foot. This property was built in 2017. 111 SE 1st Ave Unit 508 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.

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