NOT LISTED FOR SALE

BANYAN HOUSE 1225 S Ocean Blvd Unit 705 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $1,397,000 - $2,123,000

2 Beds
2.5 Baths
1,911 Sq Ft
1967 Built

Last Sold May 16, 2024

Last sale price $1,700,000 $890 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $8,978/month

30 Days on Market

Highlights

  • Property has ocean access
  • Waterfront
  • Formal Dining Room
  • Active Adult
  • Community Pool
  • 4-minute walk to Atlantic Dunes Park

About This Home

As of May 2024

Indulge in the breathtaking oceanfront views from this magnificent 2 bedroom, 2 1⁄2 bathroom condo in the heart of Delray Beach. A paradise awaits as every room possesses oceanfront views, seamlessly merging indoor elegance with the boundless beauty of the sea. Enjoy peace of mind with 24-hour front desk security, always ensuring your comfort and safety. Your convenience is further assured with a designated, covered parking space, adding ease to your daily routine. Step onto your private wraparound balcony and immerse yourself in the splendor of the surrounding panorama. Marvel at the glistening pool below, framed by sweeping ocean vistas stretching as far as the eye can see in every direction - a sight that promises endless moments of tranquility and awe. This home offers endless possibilities for customization, allowing you to tailor it to your unique vision and preferences. Whether you envision subtle enhancements or bold transformations, this is your canvas to create the coastal retreat of your dreams. Located less than 2 miles from the vibrant Atlantic Avenue, the heartbeat of Delray Beach, you'll have unparalleled access to a world of culinary delights, eclectic shops, and cultural experiences. Embrace the coastal lifestyle and make every day a celebration of sun, sand, and sophistication in this unparalleled oceanfront sanctuary.

Last Agent to Sell the Property

Nancy Merritt

South Florida Realty Group & Property Management LLC License #132172 Listed on: 03/14/2024

Last Buyer's Agent

Nancy Merritt

South Florida Realty Group & Property Management LLC License #132172 Listed on: 03/14/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,641

Year Built

  • Built in 1967

Lot Details

  • Waterfront
  • East Facing Home

Parking

  • 1 Carport Space

Interior Spaces

  • 1,911 Sq Ft Home
  • Formal Dining Room
  • Home Security System

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Parquet
  • Concrete

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • Stacked Bedrooms
  • Walk-In Closet
  • Separate Shower in Primary Bathroom

Outdoor Features

  • Property has ocean access
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434621180000400

Community Details

Overview

  • Active Adult
  • Property has a Home Owners Association
  • Association fees include common areas, cable TV, insurance, ground maintenance, sewer, security, trash, water
  • Banyan House Condo Subdivision
  • 11-Story Property

Recreation

Amenities

  • Elevator

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,641

Year Built

Built in 1967

Lot Details

0 Sq Ft Lot

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: Linton Blvd to AIA, North 1 Block to Banyan House
  • Year Built: 1967
  • Carport Y N: Yes
  • New Construction: No
  • DelayedMarketingYN: No
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Bathtub, Dining Area, Separate/Formal Dining Room, Elevator, Storage, Soaking Tub, Separate Shower, Stacked Bedrooms, Walk-In Closet(s)
  • Main Level Bedrooms: 1
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Electric Water Heater, Refrigerator
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Flooring: Concrete, Parquet
  • Living Area: 1911.0
  • Stories: 11

Exterior Features

  • Exterior Features: Balcony, Outdoor Living Area
  • Pool Features: Association
  • Pool Private: No
  • Waterfront Features: Ocean Access, Shoreline - Sand
  • Waterfront: Yes
  • Disclosures: Special Assessment
  • Construction Type: Block, Concrete
  • Direction Faces: East
  • Patio And Porch Features: Balcony
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 1.0
  • Carport Spaces: 1.0
  • Garage Yn: No

Utilities

  • Laundry Features: None
  • Security: Security System
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1799.0
  • Pets Allowed: No
  • Senior Community: Yes
  • Amenities: Elevator(s), Pool
  • Association: Yes
  • Pets Allowed: No
  • Common Interest: Condominium

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Sewer, Security, Trash, Water

Lot Info

  • Parcel #: 12434621180000400
  • Mobile Dim Units: Feet
  • Zoning: RM

Tax Info

  • Tax Year: 2023
  • Tax Annual Amount: 5640.73

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2024
Closed on
May 15, 2024
Sold by
Schmidt David W and Cornella Rendell Wilder Revocable Trust
Bought by
Jones Matthew Allen and Jones Lan Nguyen
Seller's Agent
Nancy Merritt
South Florida Realty Group & Property Management LLC
Buyer's Agent
Nancy Merritt
South Florida Realty Group & Property Management LLC
List Price
$2,100,000
Sold Price
$1,700,000
Premium/Discount to List
-$400,000
-19.05%
Views
31
Current Estimated Value
$1,635,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$64,737
Avg. Annual Appreciation
-2.09%

Purchase Details

Closed on
Jun 30, 2021
Sold by
Wilder Cornella R
Bought by
Wilder Cornella Rendell and Cornella Rendell Wilder
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
Jones Matthew Allen $1,700,000 None Listed On Document
Wilder Cornella Rendell -- Attorney
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Sold $1,700,000 -19.0% $890 / Sq Ft
04/14/2024 04/14/24 Pending -- -- --
03/14/2024 03/14/24 For Sale $2,100,000 -- $1,099 / 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 $5,638 $1,350,000 -- --
2024 $5,638 $348,256 -- --
2023 $5,641 $338,113 $0 $0
2022 $5,711 $328,265 $0 $0
2021 $5,718 $318,704 $0 $0
2020 $5,678 $314,304 $0 $0
2019 $5,599 $307,238 $0 $0
2018 $5,356 $301,509 $0 $0
2017 $5,337 $295,308 $0 $0
2016 $5,361 $289,234 $0 $0
2015 $5,503 $287,223 $0 $0
2014 $5,536 $284,943 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2024

    Nancy Merritt

    South Florida Realty Group & Property Management LLC

    (561) 789-7982

    3 in this area

    10 Total Sales

    Nancy Merritt
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About BANYAN HOUSE

Map

Source: BeachesMLS (Greater Fort Lauderdale)

MLS Number: R10968777

BeachesMLS (Greater Fort Lauderdale)

APN: 12-43-46-21-18-000-0400

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

1225 S Ocean Blvd Unit 705, Delray Beach, FL

Not Listed for Sale

Condos

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BeachesMLS (Greater Fort Lauderdale) All listings featuring the BMLS logo are provided by Beaches MLS, Inc. This information is not verified for authenticity or accuracy and is not guaranteed. Copyright 2026 Beaches Multiple Listing Service, Inc. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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