NOT LISTED FOR SALE

1125 Island Dr Delray Beach, FL 33483

Estimated Value: $5,204,000 - $9,143,000

4 Beds
3.5 Baths
3,217 Sq Ft
$2,397/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $3,300,000 $1,026 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $51,853/month

17 Days on Market

Highlights

  • Property has ocean access
  • Private Pool
  • Circular Driveway
  • Home fronts navigable water
  • Den
  • 2 Car Attached Garage

About This Home

As of April 2021

Build your dream home on one of Delray's most desirable streets: Island Drive. Secure yourself (and your boat!) 100 feet of waterfront in a market with very few options - this is the least expensive of only 4 single-family waterfront opportunities on the barrier island in Delray Beach. True to it's name, this property is located on an island just steps from the beach and minutes from Atlantic Avenue. Wide canal and prime location. Property being sold as-is at this price point. Seller is also in the process of obtaining building plans and permits for a complete 5,000+ sqft new construction luxury build, which will be listed separately.

Last Agent to Sell the Property

CHRISTY LARRIMORE

Engel & Voelkers Delray Beach License #3352310 Listed on: 02/12/2021

Engel & Voelkers Delray Beach

Last Buyer's Agent

NICHOLAS MALINOSKY

Douglas Elliman License #3103961

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,597

Year Built

  • Built in 1963

Lot Details

  • 0.3 Acre Lot
  • Home fronts navigable water
  • Property is zoned R-1-AA

Parking

  • 2 Car Attached Garage
  • Circular Driveway

Interior Spaces

  • 3,217 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Den

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms

Laundry

  • Dryer
  • Washer

Outdoor Features

  • Private Pool
  • Property has ocean access
  • Canal Access

Utilities

  • Central Heating and Cooling System

Community Details

  • Delray Isle Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434609360000260

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,597

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: East on George Bush Blvd to Andrews Avenue. South to Island Drive. West to 1125 Island Drive.
  • Year Built: 1963
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Flooring: Other
  • Living Area: 3217.0
  • Dining Room Type: Den, Family Room
  • Stories: 2

Exterior Features

  • Pool Features: Pool
  • Pool Private: Yes
  • Waterfront Features: Canal Access, Navigable Water, Ocean Access
  • Waterfront: Yes
  • Construction Type: Other
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Other
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434609360000260
  • Lot Size Sq Ft: 12998.0
  • Zoning Description: R-1-AA
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 14597.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 12, 2021
Closed on
Mar 30, 2021
Sold by
Rowling Keith
Bought by
Epstein David R and Epstein Melissa K
Seller's Agent
CHRISTY LARRIMORE
Engel & Voelkers Delray Beach
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$3,350,000
Sold Price
$3,300,000
Premium/Discount to List
-$50,000
-1.49%
Current Estimated Value
$7,712,599

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$4,412,599
Avg. Annual Appreciation
18.92%

Purchase Details

Listed on
Feb 12, 2021
Closed on
Feb 9, 2021
Sold by
Shane Clare Evert and Jeanne C Dubin Trust
Bought by
Rowling Keith
Seller's Agent
CHRISTY LARRIMORE
Engel & Voelkers Delray Beach
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$3,350,000
Sold Price
$3,300,000
Premium/Discount to List
-$50,000
-1.49%

Purchase Details

Closed on
Oct 14, 2019
Sold by
Dubin Jeanne C
Bought by
Dubin Jeanne C and Jeanne C Dubin Trust

Purchase Details

Closed on
Feb 5, 1996
Sold by
Stege William L and Imboden Elizabeth A
Bought by
Dubin Brahm and Dubin Jeanne C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
7.2%
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
Epstein David R $3,300,000 First Priority Title Company
Rowling Keith $2,500,000 Attorney
Dubin Jeanne C -- Attorney
Dubin Brahm $545,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Dubin Brahm $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/01/2021 04/01/21 Sold $3,300,000 -1.5% $1,026 / Sq Ft
03/02/2021 03/02/21 Pending -- -- --
02/12/2021 02/12/21 For Sale $3,350,000 -- $1,041 / 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 $109,623 $6,039,216 -- --
2023 $59,896 $3,050,637 $3,353,878 $1,506
2022 $54,056 $2,773,306 $0 $0
2021 $47,142 $2,325,396 $2,100,000 $225,396
2020 $14,597 $747,645 $0 $0
2019 $14,415 $730,836 $0 $0
2018 $13,827 $717,209 $0 $0
2017 $13,798 $702,457 $0 $0
2016 $13,888 $688,009 $0 $0
2015 $14,262 $683,226 $0 $0
2014 $14,357 $677,804 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    CHRISTY LARRIMORE

    Engel & Voelkers Delray Beach

    (443) 691-8873

    2 in this area

    17 Total Sales

    CHRISTY LARRIMORE
    Section Image

  • N

    Buyer's Agent in 2021

    NICHOLAS MALINOSKY

    Douglas Elliman

    (561) 306-4597

    50 in this area

    138 Total Sales

    NICHOLAS MALINOSKY
    Section Image

  • M

    Buyer Co-Listing Agent in 2021

    Michael O'Connor

    Douglas Elliman

    (561) 278-5570

    27 in this area

    104 Total Sales

    Michael O'Connor
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10692189

BeachesMLS

APN: 12-43-46-09-36-000-0260

Florida Palm Beach County Delray Beach 33483

1125 Island Dr, Delray Beach, FL

This home is located at 1125 Island Dr, Delray Beach, FL 33483 since 12 February 2021 and is currently estimated at $7,712,599, approximately $2,397 per square foot. This property was built in 1963. 1125 Island Dr 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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