$3,108,000 - $4,947,000
RENTED JUN 1, 2025

120 S Ocean Blvd Unit A Delray Beach, FL 33483

3 Beds
3.5 Baths
2,686 Sq Ft
1981 Built

Highlights

  • Ocean View
  • Clubhouse
  • Sauna
  • Spa
  • Vaulted Ceiling
  • Loft

About This Home

As of June 2025

Penthouse A: You won't believe the views. Panoramic corner unit, steps from the sand. Rarely available, boutique building with only 2 units per floor just steps to the beach and Atlantic Avenue. Luxury design and custom touches throughout. Unwind in your en-suite marble steam shower and sip coffee from your bedroom balcony. Pool, sauna, and tennis court also available. Available starting Feb 1st. Offered Furnished or Unfurnished, as an Annual Rental at $19,000 monthly and Seasonally (Feb-March-April) for $36,000 monthly.

Last Agent to Rent the Property

Edward Speno

Preferred Realty, Inc.. License #3457600 Listed on: 10/22/2024

Last Renter's Agent

Christine Sanderson

Serhant License #3421375

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $44,039

Year Built

  • Built in 1981

Lot Details

  • East Facing Home

Home Design

  • Entry on the 5th floor

Interior Spaces

  • 2,686 Sq Ft Home
  • Furnished
  • Vaulted Ceiling
  • Loft
  • Ocean Views
  • Dryer

Kitchen

  • Built-In Oven
  • Electric Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Walk-In Closet

Home Security

Parking

  • Covered Parking
  • Guest Parking

Outdoor Features

  • Spa
  • Balcony
  • Wrap Around Porch

Utilities

  • Central Heating and Cooling System
  • Water Purifier
  • Cable TV Available

Listing and Financial Details

  • Property Available on 2/1/25
  • Rent includes sewer, water
  • Renewal Option
  • Assessor Parcel Number 12434616740000051

Community Details

Amenities

  • Sauna
  • Clubhouse
  • Elevator

Recreation

  • Community Pool
  • Community Spa
  • Tennis Courts

Pet Policy

  • Pets Allowed
  • Pet Size Limit

Additional Features

  • Ocean Place Condo Subdivision
  • Impact Glass

Condo Details

Home Type

Condominium

Est. Annual Taxes

$44,039

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Available Date: 2025-02-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: On Gleason St just south of Atlantic Ave.
  • Year Built: 1981
  • Lease Renewal Option: Yes
  • Entry Level: 5
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Vaulted Ceiling(s), Walk-In Closet(s), Loft
  • Private Spa: Yes
  • Furnished: Furnished
  • Appliances: Built-In Oven, Dryer, Dishwasher, Electric Range, Disposal, Ice Maker, Microwave, Refrigerator, Water Purifier
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Living Area: 2686.0
  • Dining Room Type: Loft
  • Window Features: Impact Glass

Exterior Features

  • Exterior Features: Balcony, Security/High Impact Doors, Tennis Court(s)
  • View: Ocean
  • Pool Features: None, Community
  • Waterfront: No
  • Direction Faces: East
  • Patio And Porch Features: Wrap Around

Garage/Parking

  • Garage Yn: No
  • Parking Features: Covered, Guest, One Space

Utilities

  • Security: Intercom
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available
  • Water Source: Public

Condo/Co-op/Association

  • HOA Rent Includes: Sewer, Water
  • Community Features: Non-Gated
  • Senior Community: No
  • Amenities: Clubhouse, Elevator(s), Pool, Sauna, Spa/Hot Tub
  • Pets Allowed: Breed Restrictions, Number Limit, Size Limit, Yes

Lot Info

  • Parcel #: 12434616740000051
  • Land Lease Amount Frequency: Monthly

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 27, 2020
Sold by
Atlantic Delray Properties Llc
Bought by
Speno Thomas R and Speno Laura
Current Estimated Value
$3,795,171

Purchase Details

Closed on
Dec 21, 2006
Sold by
Speno Thomas R and Speno Laura
Bought by
Atlantic Delray Properties Llc

Purchase Details

Closed on
Jun 14, 2006
Sold by
Lutz Milton F and Lutz Aileen E
Bought by
Speno Thomas R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
5.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 10, 1995
Sold by
Neulander Arthur and Neulander Liza
Bought by
Lutz Milton F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
8.81%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Speno Thomas R -- Attorney
Atlantic Delray Properties Llc $1,200,000 None Available
Speno Thomas R $1,950,000 Attorney
Lutz Milton F $548,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Speno Thomas R $1,000,000
Previous Owner Lutz Milton F $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2025 06/01/25 Rented $18,000 0.0% --
04/07/2025 04/07/25 Under Contract -- -- --
03/14/2025 03/14/25 Price Changed $18,000 -5.3% $7 / Sq Ft
01/20/2025 01/20/25 Price Changed $19,000 -9.5% $7 / Sq Ft
11/27/2024 11/27/24 Price Changed $21,000 -16.0% $8 / Sq Ft
11/12/2024 11/12/24 Price Changed $25,000 +13.6% $9 / Sq Ft
11/05/2024 11/05/24 Price Changed $22,000 -12.0% $8 / Sq Ft
10/22/2024 10/22/24 Price Changed $25,000 -16.7% $9 / Sq Ft
10/22/2024 10/22/24 For Rent $30,000 -- --
Source: BeachesMLS (Greater Fort Lauderdale)

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 $44,039 $2,453,247 -- --
2023 $44,384 $2,381,793 $0 $0
2022 $44,373 $2,312,420 $0 $0
2021 $37,674 $1,860,000 $0 $1,860,000
2020 $29,091 $1,630,000 $0 $1,630,000
2019 $27,267 $1,550,000 $0 $1,550,000
2018 $24,074 $1,400,000 $0 $1,400,000
2017 $23,222 $1,400,000 $0 $0
2016 $19,916 $896,500 $0 $0
2015 $17,988 $815,000 $0 $0
2014 $18,260 $815,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: F10467791

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-16-74-000-0051