NOT LISTED FOR SALE

1120 Ocean Terrace Unit 1 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $3,408,000 - $3,749,000

4 Beds
6 Baths
3,302 Sq Ft
$1,062/Sq Ft Est. Value

Last Sold December 01, 2015

Last sale price $1,600,000 $485 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $21,671/month

13 Days on Market

Highlights

  • Ocean Front
  • Marble Flooring
  • Lanai
  • Outdoor Pool
  • Traditional Architecture
  • 4-minute walk to Anchor Park

About This Home

As of December 2015

Magnificent beach area townhome. Key West style 3-story with architectural details and panoramic ocean views from roof top deck. The information herein is deemed reliable and subject to errors, omissions or changes without notice. The information has been derived from architectural plans or county records.Buyer should verify all measurements.

Last Agent to Sell the Property

Pascal Liguori

Premier Estate Properties, Inc. License #63009820 Listed on: 10/19/2015

Last Buyer's Agent

NON MEMBER

NON MEMBER FIRM

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,540

Year Built

  • Built in 2006

Lot Details

  • 4,792 Sq Ft Lot
  • Ocean Front
  • North Facing Home
  • Back Yard Fenced

Parking

  • 2 Car Attached Garage

Home Design

  • Traditional Architecture
  • Tile Roof
  • Fiber Cement Roof
  • Concrete Block And Stucco Construction

Interior Spaces

  • 3,302 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Ceiling Fan
  • Living Room
  • Dining Room
  • Library
  • Utility Room
  • Marble Flooring
  • Home Security System

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Freezer
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 6 Bathrooms
  • Bidet

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Outdoor Pool
  • Property has ocean access
  • Balcony
  • Patio
  • Lanai

Utilities

  • Zoned Heating and Cooling
  • Cable TV Available

Listing and Financial Details

  • Homestead Exemption
  • Assessor Parcel Number 12434616220260051

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Ocean Terrace Community

Recreation

  • Community Pool

Security

  • Impact Glass
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,540

Year Built

Built in 2006

Lot Details

0

Listing Details

  • Property Sub Type: Townhouse
  • Prop. Type: Townhouse/Villa
  • Lot Size Acres: 0.11
  • Lot Size: 37
  • Directions: A1A south of Atlantic Avenue
  • Architectural Style: Traditional
  • Building Name: Ocean Terrace
  • Year Built: 2006
  • Location Tax Legal:Name of Building: Ocean Terrace
  • Location Tax Legal:Zoned: RM
  • Location Tax Legal:Homestead Exempt: Yes
  • Location Tax Legal:Taxes2: 21540.0
  • Location Tax Legal:Tax Year2: 2015
  • General Property Description:Living Area: 3302.0
  • General Property Description:Pool: Yes
  • General Property Description:_pound_ Units in Complex: 2
  • General Property Description:_pound_ Floors: 3.0
  • Pool:Pool3: Yes
  • Appliances Refrigerators: Yes
  • Washers: Yes
  • Appliances Dryer: Yes
  • Security:Security System: Yes
  • General Property Description:Lot Dim (1): 37
  • General Property Description:Waterfrt: No
  • Exposure of Unit:North2: Yes
  • Floors:Marble: Yes
  • Roof:Cement Tile: Yes
  • WaterSewer:Sewer: Yes
  • Windows:Impact Glass - Full: Yes
  • General Property Description:Lot SqFt: 4792
  • WaterSewer:City Water: Yes
  • HOA:None: Yes
  • ACHeat:Multi Zone Air: Yes
  • ACHeat:Multi Zone Heat: Yes
  • Waterfront-Building:Ocean- Across Street: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Refrigerator, Freezer, Ice Maker, Washer, Dryer, Range - Electric
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Marble
  • Interior Amenities: Ceiling Fan(s), Central Vacuum, Bidet, Elevator
  • Living Area: 3302.0
  • Stories: 3
  • Window Features: Impact Glass - Full
  • Other Rooms:Eat-in Kitchen: Yes
  • Other Rooms:Utility Room: Yes
  • Other Rooms:LibraryDen: Yes
  • Appliances Dishwasher: Yes
  • Appliances:Freezer: Yes
  • Appliances:Ice Maker: Yes
  • Interior Features:Cable: Yes
  • Interior Features:Elevator: Yes
  • Interior Features:Smoke Detectors: Yes
  • Appliances:Range - Electric: Yes
  • Interior Features:Ceiling Fan: Yes
  • Other Rooms:Dining Area: Yes
  • Interior Features:Bidet: Yes
  • Appliances:Central Vac System: Yes

Exterior Features

  • Lot Features: Up To 10,889 SF
  • Pool Private: Yes
  • Waterfront: No
  • Construction Type: Stucco, Block
  • Exterior Features: Balcony, Ocean Access-No Deed, Fence - Back Wall
  • Patio And Porch Features: Patio/Lanai
  • Roof: Cement Tile
  • Exterior Features:Balcony: Yes
  • Construction:Cement BlockStucco: Yes
  • Exterior Features:PatioLanai: Yes
  • Exterior Features:Fence - Back Wall: Yes
  • Exterior Features:Ocean Access-No Deed: Yes

Garage/Parking

  • Attached Garage: Yes
  • Total Parking Spaces: 2.0
  • Parking:Attached2: Yes

Utilities

  • Security: Smoke Detectors, Security System
  • Cooling: Multi Zone Air
  • Cooling Y N: Yes
  • Heating: Multi Zone Heat
  • Heating Yn: Yes
  • Utilities: Sewer, Cable Available
  • Water Source: City Water

Condo/Co-op/Association

  • Community Features: Pool

Lot Info

  • Lot Size Sq Ft: 4792.0
  • Parcel #: 12434616220260051
  • Zoning: RM

Multi Family

  • Number Of Units Total: 2

Tax Info

  • Tax Annual Amount: 21540.0
  • Tax Year: 2015

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2024
Sold by
Mazzitelli Romano Maria and Deluca Steven J
Bought by
Schroeder Geoffrey P
Current Estimated Value
$3,506,747

Purchase Details

Closed on
Oct 29, 2021
Sold by
Schroeder Geoffrey P and Schroeder Jeanne M
Bought by
Romano Maria Mazzitelli and Deluca Steven J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,592,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2021
Sold by
Civardi Stephen and Civardi Denise
Bought by
Schroeder Geoffrey P and Schroeder Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,725,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 19, 2015
Closed on
Dec 1, 2015
Sold by
Dykeman Steven R and Dykeman Lori M
Bought by
Civardi Stephen
Seller's Agent
Pascal Liguori
Premier Estate Properties, Inc.
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$1,600,000
Sold Price
$1,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.15%
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Schroeder Geoffrey P $3,500,000 Florida Title & Closing
Romano Maria Mazzitelli $2,750,000 Attorney
Schroeder Geoffrey P $2,482,000 Corporate Title Inc
Civardi Stephen $1,600,000 Columbia Title Services Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Romano Maria Mazzitelli $1,592,500
Previous Owner Schroeder Geoffrey P $1,725,000
Previous Owner Civardi Stephen $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/01/2015 12/01/15 Sold $1,600,000 0.0% $485 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
10/19/2015 10/19/15 For Sale $1,600,000 -- $485 / Sq Ft
Source: Palm Beach Board of REALTORS®

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 $38,932 $2,903,677 -- --
2024 $38,932 $2,128,607 -- --
2023 $38,101 $2,005,956 $546,986 $1,458,970
2022 $58,592 $3,001,984 $0 $0
2021 $20,139 $991,374 $393,108 $598,266
2020 $21,536 $1,051,412 $381,100 $670,312
2019 $21,571 $1,041,380 $370,000 $671,380
2018 $23,147 $1,142,406 $367,751 $774,655
2017 $22,554 $1,090,763 $367,751 $723,012
2016 $23,376 $1,098,893 $0 $0
2015 $21,540 $978,104 $0 $0
2014 $21,857 $977,728 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • P

    Seller's Agent in 2015

    Pascal Liguori

    Premier Estate Properties, Inc.

    (561) 414-4849

    55 in this area

    154 Total Sales

    Pascal Liguori
    Section Image

  • N

    Buyer's Agent in 2015

    NON MEMBER

    NON MEMBER FIRM

See All Agents

Map

Source: Palm Beach Board of REALTORS®

MLS Number: 15-2184

APN: 12-43-46-16-22-026-0051

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

1120 Ocean Terrace Unit 1, Delray Beach, FL

Not Listed for Sale

Townhouses

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