$2,750,000
SOLD OCT 29, 2021

1120 Ocean Terrace Delray Beach, FL 33483

4 Beds
5.5 Baths
3,302 Sq Ft
4,858 Sq Ft Lot

Recently Sold

$833 Per Sq Ft

4% Below List Price

159 Days on Market

Highlights

  • Ocean View
  • Marble Flooring
  • Loft
  • Deck
  • Jettted Tub and Separate Shower in Primary Bathroom
  • 4-minute walk to Anchor Park

About This Home

As of September 2024

Steps from Atlantic beach, 3 blocks from Atlantic Avenue this home features impact-glass, elevator, hardwood and marble floors, and plantation shutters. French doors open to the pool patio from the relaxing open concept living room, coffer-ceiling dining, and chef's kitchen with; ocean-blue granite, Sub-Zero refrigerator/freezer, Dacor range/oven/microwave, and Bosch dishwasher. The downstairs bedroom has an adjacent full bath. On 2, the spacious master suite features; tree-top balcony above the pool, a sitting area, two walk in custom closets, and a morning bar. The luxurious master bathroom features: jetted tub, walk-in shower, and separate water closet. 2 additional en-suite bedrooms, one with an ocean view balcony, both with custom closets, just outside the bedrooms is a sitting area.

Last Agent to Sell the Property

William Martin

Coldwell Banker Realty /Delray Beach License #3359715 Listed on: 04/22/2021

Coldwell Banker Realty /Delray Beach

Last Buyer's Agent

Lemore Zausner

Serhant License #3473755

Serhant

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $21,537

Year Built

  • Built in 2007

Lot Details

  • 4,858 Sq Ft Lot
  • Fenced
  • Sprinkler System

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Property Views

  • Ocean
  • Pool

Home Design

  • Concrete Roof

Interior Spaces

  • 3,302 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Central Vacuum
  • Furnished
  • Ceiling Fan
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Combination Dining and Living Room
  • Loft
  • Home Security System

Kitchen

  • <<microwave>>
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Marble
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Split Bedroom Floorplan
  • Closet Cabinetry
  • Walk-In Closet
  • Bidet
  • Dual Sinks
  • Jettted Tub and Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer
  • Laundry Tub

Outdoor Features

  • Saltwater Pool
  • Balcony
  • Deck
  • Open Patio

Schools

  • Atlantic Technical High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434616220260051

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • Beach Lots Delray Subdivision
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$21,537

Year Built

Built in 2007

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Townhouse
  • Property Sub Type Additional: Townhouse
  • Directions: A1A South of Atlantic, West on Ocean Terrace
  • Year Built: 2007
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bidet, Closet Cabinetry, Dual Sinks, Entrance Foyer, Elevator, French Door(s)/Atrium Door(s), Jetted Tub, Living/Dining Room, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s), Central Vacuum, Loft
  • Furnished: Furnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 5
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Flooring: Ceramic Tile, Marble, Wood
  • Living Area: 3302.0
  • Dining Room Type: Great Room, Laundry, Loft, Storage Room
  • Stories: 3
  • Window Features: Blinds, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Deck, Fence, Patio
  • View: Ocean, Pool
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Pool, Salt Water
  • View: Yes
  • Waterfront: No
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Deck, Open, Patio
  • Property Condition: Resale
  • Roof: Concrete

Garage/Parking

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

Utilities

  • Laundry Features: Laundry Tub
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Schools

  • High School: Atlantic Technical

Lot Info

  • Parcel #: 12434616220260051
  • Lot Size: 38.0 ft x 128.0 ft
  • Lot Size Sq Ft: 4858.0
  • Zoning Description: RM(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 21537.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2024
Closed on
Sep 16, 2024
Sold by
Mazzitelli Romano Maria and Deluca Steven J
Bought by
Schroeder Geoffrey P
Seller's Agent
Lemore Zausner
Serhant
Buyer's Agent
William Martin
Coldwell Banker Realty /Delray Beach
List Price
$3,500,000
Sold Price
$3,500,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.81%

Purchase Details

Listed on
Apr 22, 2021
Closed on
Oct 29, 2021
Sold by
Schroeder Geoffrey P and Schroeder Jeanne M
Bought by
Romano Maria Mazzitelli and Deluca Steven J
Seller's Agent
William Martin
Coldwell Banker Realty /Delray Beach
Buyer's Agent
Lemore Zausner
Serhant
List Price
$2,850,000
Sold Price
$2,750,000
Premium/Discount to List
-$100,000
-3.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.73%
Original Mortgage
$1,592,500
Interest Rate
2.99%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 5, 2020
Closed on
Apr 5, 2021
Sold by
Civardi Stephen and Civardi Denise
Bought by
Schroeder Geoffrey P and Schroeder Jeanne M
Seller's Agent
Hartford Howell
Your Home Sold Guaranteed
Buyer's Agent
William Martin
Coldwell Banker Realty /Delray Beach
List Price
$2,500,000
Sold Price
$2,482,000
Premium/Discount to List
-$18,000
-0.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
19.71%
Original Mortgage
$1,725,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 21, 2014
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
Deborah Davis
Your Home Sold Guaranteed
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$417,000
Interest Rate
3.83%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Warranty Deed $3,500,000 Florida Title & Closing
Warranty Deed $2,750,000 Attorney
Warranty Deed $2,482,000 Corporate Title Inc
Warranty Deed $1,600,000 Columbia Title Services Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,592,500 New Conventional
Previous Owner $1,725,000 New Conventional
Previous Owner $417,000 New Conventional
Previous Owner $350,100 Adjustable Rate Mortgage/ARM
Previous Owner $350,000 New Conventional
Previous Owner $378,000 Credit Line Revolving
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2025 02/25/25 Price Changed $35,000 +94.4% $11 / Sq Ft
01/13/2025 01/13/25 Price Changed $18,000 -10.0% $5 / Sq Ft
10/30/2024 10/30/24 Price Changed $20,000 -20.0% $6 / Sq Ft
10/18/2024 10/18/24 For Rent $25,000 0.0% --
09/16/2024 09/16/24 Sold $3,500,000 0.0% $1,060 / Sq Ft
09/16/2024 09/16/24 For Sale $3,500,000 0.0% $1,060 / Sq Ft
09/16/2024 09/16/24 Rented $25,000 0.0% --
05/14/2024 05/14/24 Price Changed $25,000 -5.7% $8 / Sq Ft
04/22/2024 04/22/24 Price Changed $26,500 -5.4% $8 / Sq Ft
03/12/2024 03/12/24 Price Changed $28,000 +75.0% $8 / Sq Ft
03/12/2024 03/12/24 For Rent $16,000 0.0% --
10/29/2021 10/29/21 Sold $2,750,000 -3.5% $833 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
04/22/2021 04/22/21 For Sale $2,850,000 +14.8% $863 / Sq Ft
04/05/2021 04/05/21 Sold $2,482,000 -0.7% $752 / Sq Ft
03/06/2021 03/06/21 Pending -- -- --
12/05/2020 12/05/20 For Sale $2,500,000 +56.3% $757 / Sq Ft
12/01/2015 12/01/15 Sold $1,600,000 -19.8% $485 / Sq Ft
11/01/2015 11/01/15 Pending -- -- --
08/21/2014 08/21/14 For Sale $1,995,000 0.0% $604 / Sq Ft
08/08/2013 08/08/13 Rented $13,500 0.0% --
07/09/2013 07/09/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $13,500 -- --
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 $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

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Map

Source: BeachesMLS

MLS Number: R10710256

BeachesMLS

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