NOT LISTED FOR SALE

BANYAN HOUSE 1225 S Ocean Blvd Unit 604 Delray Beach, FL 33483

Estimated Value: $858,000 - $1,026,000

1 Bed
1.5 Baths
1,066 Sq Ft
$1,101/mo HOA Fee

Last Sold June 27, 2024

Last sale price $950,000 $891 Per Sq Ft

Est. 5% decrease in value since last sale

Current estimated payment $6,931/month

144 Days on Market

Highlights

  • Ocean Front
  • Detached Garage
  • Separate Shower in Primary Bathroom
  • Senior Community
  • Impact Glass
  • 4-minute walk to Atlantic Dunes Park

About This Home

As of June 2024

Completely renovated to the nines, this chic condominium residence, with an oversized bedroom and high-end Wolf and SubZero appliances, overlooks the natural beauty of Delray Beach's sugar-sand oceanfront. Details include wide-plank flooring, impact glass, speakers throughout and electric shades. Perfectly located right on the sand, this residence is also near Delray Beach's vibrant downtown.

Last Agent to Sell the Property

Cole Devitt

Premier Estate Properties, Inc License #3359382 Listed on: 01/24/2024

Co-Listed By

Betty Devitt

Premier Estate Properties, Inc License #136118

Last Buyer's Agent

Doris Sewak

The Keyes Company License #329174

The Keyes Company

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,955

Year Built

  • Built in 1967

Lot Details

HOA Fees

  • $1,101 Monthly HOA Fees

Property Views

Interior Spaces

  • 1,066 Sq Ft Home
  • Built-In Features
  • Bar
  • Family Room
  • Florida or Dining Combination
  • Ceramic Tile Flooring
  • Washer and Dryer

Kitchen

  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Home Security

Parking

  • Detached Garage
  • Guest Parking
  • Deeded Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434621180000330

Community Details

Overview

  • Senior Community
  • Association fees include management, common areas, cable TV, insurance, ground maintenance, maintenance structure, pool(s), trash, water
  • 64 Units
  • High-Rise Condominium
  • Banyan House Condo Subdivision
  • 11-Story Property

Security

  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,955

Year Built

Built in 1967

Lot Details

0

HOA Fees

$1,101 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Linton to A1A, north on A1A, property is on your right
  • Year Built: 1967
  • Architectural Style: High Rise
  • Entry Level: 6
  • Unit Levels: Three Or More
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Family/Dining Room, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Refrigerator, Washer/Dryer, Washer
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 1
  • Flooring: Ceramic Tile
  • Living Area: 1066.0
  • Dining Room Type: Family Room, Storage Room
  • Stories: 11
  • Window Features: Impact Glass

Exterior Features

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

Garage/Parking

  • Attached Garage: No
  • Garage Yn: No
  • Parking Features: Deeded, Detached, 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: 1101.0
  • Community Features: Non-Gated
  • Senior Community: Yes
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Fee Information

  • Association Fee Includes: Association Management, Common Areas, Cable TV, Insurance, Maintenance Grounds, Maintenance Structure, Pool(s), Trash, Water

Lot Info

  • Parcel #: 12434621180000330
  • Lot Size: East of US-1
  • Zoning Description: RM

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 8955.0

Multi Family

  • Number Of Units In Community: 64

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2024
Closed on
Jun 27, 2024
Sold by
Newsome Kenneth R and Newsome Linda S
Bought by
Maureen L Cliff Revocable Trust and Cliff
Seller's Agent
Cole Devitt
Premier Estate Properties, Inc
Buyer's Agent
Doris Sewak
The Keyes Company
List Price
$1,195,000
Sold Price
$950,000
Premium/Discount to List
-$245,000
-20.5%
Views
59
Current Estimated Value
$906,446

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$43,554
Avg. Annual Appreciation
-4.58%

Purchase Details

Closed on
May 19, 2022
Sold by
Gail K Beare Trust
Bought by
Newsome Kenneth R and Newsome Linda S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$411,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 2, 2007
Sold by
Demarco Donald S
Bought by
Beare Gail K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 10, 2001
Sold by
Kane James H and Kane Norma C
Bought by
Demarco Donald S

Purchase Details

Closed on
Mar 2, 1999
Sold by
Fischer Ludwig
Bought by
Kane James H

Purchase Details

Closed on
Mar 15, 1994
Sold by
Vukelic Branko and Johnson Caterina
Bought by
Fischer Ludwig

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$60,000
Interest Rate
6.97%
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 Buyer Sale Price Title Company
Maureen L Cliff Revocable Trust $950,000 None Listed On Document
Newsome Kenneth R $685,000 Mark A Perry Pa
Beare Gail K $495,000 Corporate Title Inc
Demarco Donald S $100,000 --
Kane James H $125,000 --
Fischer Ludwig $100,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Newsome Kenneth R $411,000
Previous Owner Beare Gail K $445,000
Previous Owner Demarco Donald S $53,000
Previous Owner Demarco Donald S $150,000
Previous Owner Fischer Ludwig $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2024 06/27/24 Sold $950,000 -13.2% $891 / Sq Ft
06/25/2024 06/25/24 Pending -- -- --
02/16/2024 02/16/24 Price Changed $1,095,000 -8.4% $1,027 / Sq Ft
02/02/2024 02/02/24 For Sale $1,195,000 -- $1,121 / 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 $9,595 $513,700 -- --
2023 $8,955 $467,000 $0 $467,000
2022 $7,806 $393,750 $0 $0
2021 $8,270 $411,000 $0 $411,000
2020 $7,535 $365,000 $0 $365,000
2019 $7,071 $350,000 $0 $350,000
2018 $6,178 $300,000 $0 $300,000
2017 $6,712 $320,000 $0 $0
2016 $7,186 $330,088 $0 $0
2015 $6,888 $300,080 $0 $0
2014 $6,594 $272,800 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2024

    Cole Devitt

    Premier Estate Properties, Inc

    (561) 278-0433

    3 in this area

    25 Total Sales

    Cole Devitt
    Section Image

  • B

    Seller Co-Listing Agent in 2024

    Betty Devitt

    Premier Estate Properties, Inc

    (561) 573-4391

    1 in this area

    7 Total Sales

    Betty Devitt
    Section Image

  • D

    Buyer's Agent in 2024

    Doris Sewak

    The Keyes Company

    (561) 702-1035

    2 in this area

    5 Total Sales

    Doris Sewak
    Section Image
See All Agents

About BANYAN HOUSE

Map

Source: BeachesMLS

MLS Number: R10953217

BeachesMLS

APN: 12-43-46-21-18-000-0330

Florida Palm Beach County Delray Beach 33483

1225 S Ocean Blvd Unit 604, Delray Beach, FL

This home is located at 1225 S Ocean Blvd Unit 604, Delray Beach, FL 33483 since 24 January 2024 and is currently estimated at $906,446, approximately $850 per square foot. This property was built in 1967. 1225 S Ocean Blvd Unit 604 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.

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