NOT LISTED FOR SALE

1171 N Ocean Blvd Unit 4BS Delray Beach, FL 33483

Gulfstream Neighborhood

Estimated Value: $3,160,932 - $4,653,000

3 Beds
4.5 Baths
3,270 Sq Ft
$1,780/mo HOA Fee

Last Sold February 07, 2018

Last sale price $2,450,000 $749 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $25,095/month

16 Days on Market

Highlights

  • Ocean Front
  • 95,045 Sq Ft lot
  • Wood Flooring
  • Fitness Center
  • Roman Tub
  • Great Room

About This Home

As of February 2018

First time on the market in Gulf Stream's El Cortijo and presenting the best views in the building, this oceanfront penthouse proudly delivers sweeping ocean views, lofty high ceilings, dramatic sky lights and fireplace, all of which set the stage for this rare offering. Bask in stunning ocean vistas from the moment you step off the private elevator entry. Dreamy views await from the foyer, grand living room, oceanfront sun-room, cosy den and master bedroom. With a unique, elegant flow that immediately captivates, this penthouse is where spacious living, dining and relaxing converge with the ocean. Awaiting its fresh face, this is very unique opportunity in Gulf Stream. Intimate building and on-site management. Conveying a private, air-controlled storage room and two prime garage spaces.

Last Listed By

Holly Thom

The Corcoran Group License #3064816 Listed on: 12/22/2017

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,972

Year Built

  • Built in 1982

Lot Details

  • Ocean Front

HOA Fees

  • $1,780 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking
  • Assigned Parking

Interior Spaces

  • 3,270 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Great Room
  • Formal Dining Room
  • Den
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet
  • Roman Tub

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 20434610010000422

Community Details

Overview

  • Association fees include cable TV, pest control, sewer, trash, water
  • 24 Units
  • High-Rise Condominium
  • El Cortijo Condo Subdivision

Recreation

  • Fitness Center
  • Community Pool

Additional Features

  • Community Storage Space
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,972

Year Built

Built in 1982

Lot Details

0

HOA Fees

$1,780 per month

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: A1A north of George Bush Boulevard, on the ocean.
  • Year Built: 1982
  • Architectural Style: High Rise
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Dining Area, Separate/Formal Dining Room, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Garden Tub/Roman Tub, Pantry, Walk-In Closet(s)
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Carpet, Tile, Wood
  • Living Area: 3270.0
  • Dining Room Type: Den, Great Room, Laundry, Storage Room
  • Stories: 4

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Garage Spaces: 2.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Garage, Guest

Utilities

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

Condo/Co-op/Association

  • Association Fee: 1780.0
  • Community Features: Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool, Storage
  • Association Fee Frequency: Monthly

Fee Information

  • Association Fee Includes: Cable TV, Pest Control, Sewer, Trash, Water

Lot Info

  • Parcel #: 20434610010000422
  • Lot Size Sq Ft: 95045.0
  • Zoning Description: RS(cit
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 14972.0

Multi Family

  • Number Of Units In Community: 24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 22, 2017
Closed on
Feb 5, 2018
Sold by
Hilton Susan Funston
Bought by
Roper Robert P and Roper Kathleen D
Seller's Agent
Holly Thom
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$2,395,000
Sold Price
$2,450,000
Premium/Discount to List
$55,000
2.3%
Total Days on Market
16
Current Estimated Value
$3,683,233

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,233,233
Avg. Annual Appreciation
6.79%
Original Mortgage
$1,600,000
Outstanding Balance
$1,355,601
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$2,590,274

Purchase Details

Closed on
Oct 4, 2007
Sold by
Hilton Susan F
Bought by
Hilton Susan Funston and Susan Funston Revocable Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,300,000
Interest Rate
6.41%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 5, 1994
Sold by
Hilton Susan F and Hilton Susan Funston
Bought by
Hilton Susan Funston

Range of Values:

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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
Roper Robert P $2,450,000 Attorney
Hilton Susan Funston -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Roper Robert P $1,600,000
Previous Owner Hilton Susan Funston $2,300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2018 02/07/18 Sold $2,450,000 +2.3% $749 / Sq Ft
01/08/2018 01/08/18 Pending -- -- --
12/22/2017 12/22/17 For Sale $2,395,000 -- $732 / 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 $34,745 $2,214,239 -- --
2023 $34,016 $2,149,747 $0 $0
2022 $33,823 $2,087,133 $0 $0
2021 $33,867 $2,026,343 $0 $0
2020 $33,893 $1,998,366 $0 $0
2019 $33,720 $1,953,437 $0 $0
2018 $14,787 $893,892 $0 $0
2017 $14,972 $875,506 $0 $0
2016 $15,147 $857,499 $0 $0
2015 $15,945 $851,538 $0 $0
2014 $15,105 $844,780 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10391322

BeachesMLS

APN: 20-43-46-10-01-000-0422