$12,000,000
SOLD APR 28, 2016

1171 S Ocean Blvd Delray Beach, FL 33483

7 Beds
11 Baths
9,761 Sq Ft
1994 Built

Recently Sold

$1,229 Per Sq Ft

182 Days on Market

Highlights

  • Ocean Front
  • Home Theater
  • Vaulted Ceiling
  • Boca Raton Community Middle School Rated A-
  • Private Pool
  • Marble Flooring

About This Home

As of November 2021

Extremely rare opportunity in the Estate Section of Delray Beach. This oceanfront residence adorns the Estate Section of Delray Beach's Coastline. The completely gated and private estate is nestled off A1A just south of Atlantic Avenue's shops and restaurants and an easy and scenic drive to Palm Beach and Boca Raton. With 100 feet of direct ocean frontage and over 408 feet of depth, the nearly one acre parcel is the perfect setting for this resort-style residence boasting over 12,000 square feet. The private gated main entry and decorative motorcourt lead to the majestic estate and manicured grounds. A Coquina stone arched entryway complete with iron gate and custom wood and glass door unveil the opulent living room with cathedral wood beamed ceilings; stone columns, millwork and fireplace

Last Agent to Sell the Property

NICHOLAS MALINOSKY

Douglas Elliman License #3103961 Listed on: 09/28/2015

Douglas Elliman

Co-Listed By

Randolph Ely

Douglas Elliman License #563399

Douglas Elliman

Last Buyer's Agent

Randolph Ely

Douglas Elliman License #563399

Douglas Elliman

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $185,077

Year Built

  • Built in 1994

Lot Details

  • Ocean Front
  • Fenced
  • Sprinkler System
  • Property is zoned RL

Parking

  • 2 Car Attached Garage
  • Garage Door Opener
  • Driveway

Home Design

  • Frame Construction
  • Aluminum Roof
  • Metal Roof

Interior Spaces

  • 9,761 Sq Ft Home
  • 3-Story Property
  • Elevator
  • Wet Bar
  • Central Vacuum
  • Bar
  • Vaulted Ceiling
  • Ceiling Fan
  • Decorative Fireplace
  • French Doors
  • Family Room
  • Formal Dining Room
  • Home Theater
  • Ocean Views

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Built-In Oven
  • Gas Range
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Gate
  • Fire and Smoke Detector

Pool

  • Private Pool
  • Pool Equipment or Cover

Additional Features

  • Patio
  • Zoned Heating and Cooling

Community Details

  • Delray Beach Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434621000040060

Home Details

Home Type

Single Family

Est. Annual Taxes

$185,077

Year Built

Built in 1994

Lot Details

0

Parking

2

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: A1A just north of Linton Blvd on east side of road in the Delray Estate Section
  • Year Built: 1994
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Breakfast Bar, Breakfast Area, Dining Area, Separate/Formal Dining Room, Elevator, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Pantry, Vaulted Ceiling(s), Bar, Walk-In Closet(s), Central Vacuum
  • Furnished: Unfurnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Disposal, Gas Range, Ice Maker, Refrigerator, Washer
  • Full Bathrooms: 8
  • Half Bathrooms: 3
  • Total Bedrooms: 7
  • Door Features: French Doors
  • Fireplace Features: Decorative
  • Fireplace: Yes
  • Flooring: Carpet, Marble, Wood
  • Living Area: 9761.0
  • Dining Room Type: Family Room, In-Law Suite, Media Room
  • Stories: 3

Exterior Features

  • Exterior Features: Fence, Patio
  • View: Ocean
  • Lot Features: Sprinklers Automatic
  • Pool Features: Pool Equipment, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block, Frame
  • Patio And Porch Features: Patio
  • Property Condition: Resale
  • Roof: Aluminum, Metal

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

  • Security: Security System, Security Gate, Smoke Detector(s)
  • Cooling: Ceiling Fan(s), Electric, Zoned
  • Cooling Y N: Yes
  • Heating: Central, Electric, Zoned
  • Heating Yn: Yes
  • Utilities: Electricity Available, Natural Gas Available

Condo/Co-op/Association

  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434621000040060
  • Zoning Description: RL

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 185077.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 7, 2021
Closed on
Nov 4, 2021
Sold by
Qcre Ii Llc
Bought by
1171 Ocean Llc
Seller's Agent
NICHOLAS MALINOSKY
Douglas Elliman
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$19,950,000
Sold Price
$18,000,000
Premium/Discount to List
-$1,950,000
-9.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-8.53%

Purchase Details

Listed on
Jan 24, 2015
Closed on
Apr 28, 2015
Sold by
Sea To Seaside Development Ii Llc
Bought by
Qcre Ii Llc
Seller's Agent
Philip Lyle Smith
Luxury Resort Portfolio LLC
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$11,999,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,999,000
-16.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.42%

Purchase Details

Listed on
Jan 24, 2015
Closed on
Apr 27, 2015
Sold by
Skwap Llc
Bought by
Sea To Seaside Development Ii Llc
Seller's Agent
Philip Lyle Smith
Luxury Resort Portfolio LLC
Buyer's Agent
NICHOLAS MALINOSKY
Douglas Elliman
List Price
$11,999,000
Sold Price
$10,000,000
Premium/Discount to List
-$1,999,000
-16.66%

Purchase Details

Listed on
Feb 12, 2013
Closed on
Aug 23, 2013
Sold by
Stewart Wiley and Wiley Catherine
Bought by
Skwap Llc and Skwap Land Trust
Seller's Agent
Bill Yahn
The Corcoran Group
Buyer's Agent
NON MEMBER
NON MEMBER FIRM
List Price
$8,812,500
Sold Price
$8,812,500

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.81%

Purchase Details

Closed on
May 13, 2004
Sold by
Blake Alfred J and Blake Hillechina W
Bought by
Wiley Stewart and Wiley Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,500,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 1996
Sold by
Venture Concepts International Inc
Bought by
Blake Alfred J
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 $18,000,000 None Available
Warranty Deed $12,000,000 Attorney
Warranty Deed $10,000,000 None Available
Warranty Deed $8,812,500 Crystal Title & Escrow Co In
Warranty Deed $7,000,000 --
Warranty Deed $4,325,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $6,720,000 Adjustable Rate Mortgage/ARM
Previous Owner $5,000,000 Adjustable Rate Mortgage/ARM
Previous Owner $3,000,000 New Conventional
Previous Owner $2,000,000 Credit Line Revolving
Previous Owner $800,000 Credit Line Revolving
Previous Owner $3,500,000 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2025 08/05/25 For Sale $34,000,000 +88.9% $3,483 / Sq Ft
11/04/2021 11/04/21 Sold $18,000,000 -9.8% $1,844 / Sq Ft
10/07/2021 10/07/21 For Sale $19,950,000 +66.3% $2,044 / Sq Ft
04/28/2016 04/28/16 Sold $12,000,000 +0.4% $1,229 / Sq Ft
03/29/2016 03/29/16 Pending -- -- --
09/28/2015 09/28/15 For Sale $11,950,000 +19.5% $1,224 / Sq Ft
04/27/2015 04/27/15 Sold $10,000,000 -16.7% $1,024 / Sq Ft
03/28/2015 03/28/15 Pending -- -- --
01/24/2015 01/24/15 For Sale $11,999,000 +36.2% $1,229 / Sq Ft
08/23/2013 08/23/13 Sold $8,812,500 0.0% $903 / Sq Ft
07/07/2013 07/07/13 Pending -- -- --
02/12/2013 02/12/13 For Sale $8,812,500 -- $903 / 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 $343,446 $17,088,442 -- --
2023 $322,829 $15,534,947 $0 $0
2022 $275,194 $14,122,679 $0 $0
2021 $187,254 $9,272,352 $7,140,300 $2,132,052
2020 $176,131 $8,644,525 $6,120,300 $2,524,225
2019 $181,827 $8,826,196 $6,120,300 $2,705,896
2018 $193,890 $9,618,165 $7,030,023 $2,588,142
2017 $192,830 $9,375,114 $6,695,274 $2,679,840
2016 $199,161 $9,409,906 $0 $0
2015 $184,075 $8,361,844 $0 $0
2014 $169,027 $7,601,676 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10171262

BeachesMLS

APN: 12-43-46-21-00-004-0060