NOT LISTED FOR SALE

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

Estimated Value: $3,016,000 - $3,455,225

3 Beds
4.5 Baths
3,397 Sq Ft
1982 Built

Last Sold March 19, 2024

Last sale price $3,665,000 $1,079 Per Sq Ft

Est. 12% decrease in value since last sale

Current estimated payment $18,767/month

84 Days on Market

Highlights

  • Ocean View
  • Waterfront
  • Community Pool
  • Property has ocean access
  • Wood Flooring
  • Formal Dining Room

About This Home

As of March 2024

Ocean views await at this El Cortijo penthouse in Gulf Stream. Offering panoramic ocean vistas with desirable southeast exposure, this is a rare opportunity to update the unit and make it your own. Enjoy elevator access to foyer entry; seaside living room; formal dining room; office; primary bedroom suite overlooking the ocean with two baths; and two additional en suite guest rooms. El Cortijo is a boutique condo with only 24 residences situated on over 300 feet of direct oceanfrontage. Enjoy the beachfront pool; private beach path; and underground parking. Less than two miles from E Atlantic Ave eateries and shops and a pleasant drive to Palm Beach via A1A. Offering endless possibilities, this El Cortijo unit lives like a single-family residence. Luxe coastal condo living at its best. FEATURES:
" Direct oceanfront location in El Cortijo condo
" Only 24 units
" Penthouse unit with southeast exposure
" 3 bedrooms / 4 full and 1 half baths
" 3,397 square feet under air / 3,552 total square feet
" Elevator access directly to foyer entry
" Formal living room with stunning ocean views
" Formal dining room with easy access to kitchen
" Kitchen has island; cooktop; lots of cabinet space; and access to screened terrace and laundry room
" Separate office
" Oceanfront sitting room with endless views
" Primary suite with ocean views; two separate baths; and walk-in closet
" Two en suite guest bedrooms each with access to screened terrace
" Powder room located just off entry hall
" Seaside pool with lots of room for lounging
" Private beach path to the ocean
" Two under-building garage spaces
" Lobby entrance for guests
" Town of Gulf Stream has its own Town Hall and police department with patrol Make this El Cortijo penthouse unit your coastal dream residence.

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 10/26/2023

Douglas Elliman

Co-Listed By

Michael O'Connor

Douglas Elliman License #3380134

Last Buyer's Agent

Michael Mullin

Premier Estate Properties, Inc License #562020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $23,174

Year Built

  • Built in 1982

Lot Details

  • Waterfront
  • North Facing Home

Parking

  • 2 Car Garage
  • Assigned Parking

Interior Spaces

  • 3,397 Sq Ft Home
  • 4-Story Property
  • Wet Bar
  • Entrance Foyer
  • Formal Dining Room
  • Wood Flooring
  • Ocean Views
  • Home Security System
  • Cooktop
  • Washer and Dryer Hookup

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Walk-In Closet
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Additional Features

  • Property has ocean access
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 20434610010000432

Community Details

Overview

  • Property has a Home Owners Association
  • Association fees include common areas
  • El Cortijo Condo Subdivision

Recreation

  • Community Pool

Pet Policy

  • Pets Allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$23,174

Year Built

Built in 1982

Lot Details

0 Sq Ft Lot

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: E Atlantic Ave to N Ocean Blvd/A1A; north to Town of Gulf Stream; condo on the right
  • Year Built: 1982
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: None

Interior Features

  • Interior Amenities: Wet Bar, Bathtub, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Elevator, Multiple En Suite Bathrooms, Soaking Tub, Separate Shower, Walk-In Closet(s)
  • Main Level Bedrooms: 3
  • Furnished: Unfurnished
  • Appliances: Cooktop
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Flooring: Other, Wood
  • Living Area: 3397.0
  • Stories: 4

Exterior Features

  • View: Ocean
  • Pool Features: Association
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Access, Shoreline - Sand
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Stucco
  • Direction Faces: North
  • Property Condition: Resale

Garage/Parking

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

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup, Inside
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Electric: 3 Phase
  • Utilities: Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 3057.0
  • Pets Allowed: Yes
  • Senior Community: No
  • Amenities: Pool
  • Association: Yes
  • Pets Allowed: Pet Restrictions, Yes
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas

Lot Info

  • Parcel #: 20434610010000432
  • Mobile Dim Units: Feet
  • Zoning: RS

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 23174.2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2023
Closed on
Mar 19, 2024
Sold by
Glennon Michael Robert
Bought by
Macdonald Peter S and Hopkins Maureen Page
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
Michael Mullin
Premier Estate Properties, Inc
List Price
$4,195,000
Sold Price
$3,665,000
Premium/Discount to List
-$530,000
-12.63%
Views
71
Current Estimated Value
$3,226,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$438,444
Avg. Annual Appreciation
-6.17%

Purchase Details

Closed on
Nov 27, 2002
Sold by
Mcgraw Donald C
Bought by
Glennon Robert E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$973,000
Interest Rate
6.15%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Macdonald Peter S -- None Listed On Document
Macdonald Peter S $3,665,000 None Listed On Document
Glennon Robert E $1,390,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Glennon Robert E $973,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2024 03/19/24 Sold $3,665,000 -12.6% $1,079 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
10/26/2023 10/26/23 For Sale $4,195,000 -- $1,235 / Sq Ft
Source: BeachesMLS (Greater Fort Lauderdale)

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 $23,748 $2,346,827 -- --
2024 $23,748 $1,528,994 -- --
2023 $23,242 $1,484,460 $0 $0
2022 $23,174 $1,441,223 $0 $0
2021 $23,198 $1,399,246 $0 $0
2020 $23,212 $1,379,927 $0 $0
2019 $23,090 $1,348,902 $0 $0
2018 $22,177 $1,323,751 $0 $0
2017 $22,463 $1,296,524 $0 $0
2016 $22,734 $1,269,857 $0 $0
2015 $23,935 $1,261,030 $0 $0
2014 $22,668 $1,251,022 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10930856

BeachesMLS (Greater Fort Lauderdale)

APN: 20-43-46-10-01-000-0432

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