NOT LISTED FOR SALE

BANYAN HOUSE 1225 S Ocean Blvd Unit 306 Delray Beach, FL 33483

Estimated Value: $1,641,380 - $1,849,000

2 Beds
2.5 Baths
1,911 Sq Ft
$1,784/mo HOA Fee

Last Sold November 13, 2024

Last sale price $1,850,000 $968 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $13,055/month

32 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Community Pool
  • Boca Raton Community Middle School Rated A-
  • Wood Flooring
  • 4-minute walk to Atlantic Dunes Park

About This Home

As of November 2024

Discover unparalleled ocean views from this exceptional corner two-bedroom condo at the Banyan House in Delray Beach. Situated directly on the oceanfront, it offers 300 feet of private beach access, a heated seaside pool, and a secure lobby with a concierge, on-site manager, and 24-hour security. The residence boasts captivating ocean vistas from the entryway, a private oceanfront balcony with floor-to-ceiling sliders, spacious en-suite bedrooms, and a dining area with coastal views. Ideal for year-round living or as a seasonal escape, this condo is move-in ready or primed for renovation to create a modern coastal retreat. Close to Delray Beach's famed Atlantic Avenue with fine restaurants and boutique shopping. This is a must-see.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 10/03/2024

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Candace Friis

The Corcoran Group License #582187 Listed on: 10/03/2024

The Corcoran Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $15,443

Year Built

  • Built in 1967

Lot Details

  • 2.7

HOA Fees

  • $1,784 Monthly HOA Fees

Parking

  • Assigned Parking

Home Design

  • 1,911 Sq Ft Home

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Separate Shower in Primary Bathroom

Laundry

  • Laundry Room
  • Washer and Dryer

Additional Features

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 12434621180000170

Community Details

Overview

  • Banyan House Condo Subdivision
  • 11-Story Property

Recreation

  • Fitness Center

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$15,443

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,784 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: North of Linton on A1A
  • Year Built: 1967
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Separate Shower
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Refrigerator, Washer/Dryer
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Tile, Wood
  • Living Area: 1911.0
  • Dining Room Type: Laundry
  • Stories: 11

Exterior Features

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

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned

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

  • Association Fee: 1784.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool
  • Senior Community: No
  • Amenities: Fitness Center, Management, Pool
  • Association Fee Frequency: Monthly
  • Association: Yes
  • Pets Allowed: No

Lot Info

  • Parcel #: 12434621180000170
  • Zoning Description: RM

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 15443.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2024
Closed on
Nov 7, 2024
Sold by
Eagle Ranch Foundation Inc
Bought by
Weinberg Max and Weinberg Rebecca
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Candace Friis
The Corcoran Group
List Price
$2,050,000
Sold Price
$1,850,000
Premium/Discount to List
-$200,000
-9.76%
Total Days on Market
32
Views
5
Current Estimated Value
$1,793,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$56,343
Avg. Annual Appreciation
2.05%

Purchase Details

Closed on
Jul 3, 2024
Sold by
Hankey M Corbet M and Hankey Elizabeth
Bought by
Eagle Ranch Foundation Inc

Purchase Details

Closed on
Dec 6, 2023
Sold by
Hankey Living Trust
Bought by
Hankey M Corbet M and Hankey Elizabeth

Purchase Details

Closed on
Oct 23, 2007
Sold by
Hankey M Corbet
Bought by
Hankey M Corbet

Purchase Details

Closed on
Feb 26, 2007
Sold by
Bruso James T and Bruso Richard B
Bought by
Hankey M Corbet
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Weinberg Max $1,850,000 None Listed On Document
Weinberg Max $1,850,000 None Listed On Document
Eagle Ranch Foundation Inc -- None Listed On Document
Hankey M Corbet M -- --
Eagle Ranch Foundation Inc -- --
Hankey M Corbet -- Attorney
Hankey M Corbet $625,000 Attorney
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2024 11/13/24 Sold $1,850,000 -9.8% $968 / Sq Ft
11/04/2024 11/04/24 Pending -- -- --
10/03/2024 10/03/24 For Sale $2,050,000 -- $1,073 / 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 $16,375 $865,489 -- --
2023 $15,443 $786,808 $0 $0
2022 $14,066 $715,280 $0 $0
2021 $14,540 $751,624 $0 $751,624
2020 $12,987 $631,624 $0 $631,624
2019 $12,734 $612,200 $0 $612,200
2018 $12,364 $607,200 $0 $607,200
2017 $12,211 $597,200 $0 $0
2016 $11,640 $530,004 $0 $0
2015 $11,280 $481,822 $0 $0
2014 $10,809 $438,020 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Candace Friis

    The Corcoran Group

  • P

    Seller Co-Listing Agent in 2024

    Phillip Friis

    The Corcoran Group

See All Agents

About BANYAN HOUSE

Map

Source: BeachesMLS

MLS Number: R11026097

BeachesMLS

APN: 12-43-46-21-18-000-0170

Florida Palm Beach County Delray Beach 33483

1225 S Ocean Blvd Unit 306, Delray Beach, FL

This home is located at 1225 S Ocean Blvd Unit 306, Delray Beach, FL 33483 since 03 October 2024 and is currently estimated at $1,736,845, approximately $908 per square foot. This property was built in 1967. 1225 S Ocean Blvd Unit 306 is a home located in Palm Beach County with nearby schools including Pine Grove Elementary School, Boca Raton Community Middle School, and Boca Raton Community 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.

Nearby Homes