NOT LISTED FOR SALE

1239 Laing St Delray Beach, FL 33483

Estimated Value: $2,743,441 - $5,459,000

0.26 Acre
$15,402,346 Price per Acre
11,326 Sq Ft Lot

Last Sold March 29, 2019

Last sale price $1,600,000 $457 Per Sq Ft

Est. 150% increase in value since last sale

Current estimated payment $22,982/month

361 Days on Market

About This Lot

As of March 2019

Property has been zoned and has both full site plans and architectural approval by the city of Delray Beach.Prime property directly across the street from the ocean in the heart of Delray Beach and only moments to Atlantic Avenue! This rarely available home site affords the discerning buyer the opportunity to build a fabulous home with quick beach access and all that Delray has to offer. This property, provides a remarkable canvas to bring your long awaited dream to life. Come visit and be inspired to design your own home or use existing plans.

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 03/02/2018

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Monica Bangash

Coldwell Banker Realty /Delray Beach License #3416776

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $24,525

Lot Details

  • Beach Front
  • South Facing Home
  • Site Plan Filed
  • Property is zoned R-1-AAA

Community Details

  • Crego Sub Amend Pl 3 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 12434616a80040030

Property Details

Property Type

Land

Est. Annual Taxes

$24,525

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Atlantic Ave North on A1A
  • Special Features: VirtualTour

Exterior Features

  • Lot Features: Beach Front, < 1/4 Acre
  • Waterfront: No
  • Direction Faces: South

Lot Info

  • Parcel #: 12434616a80040030
  • Current Use: Single Family
  • Development Status: Site Plan Filed
  • Lot Size: 75
  • Zoning Description: R-1-AAA

Tax Info

  • Tax Year: 2017
  • Tax Annual Amount: 24525.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2021
Sold by
Yasur Yoram and Yasur Vered
Bought by
Adva Llc
Current Estimated Value
$4,004,610

Purchase Details

Closed on
Mar 2, 2021
Sold by
Bangash Monica
Bought by
Ocean 217 Llc

Purchase Details

Closed on
Feb 8, 2021
Sold by
Brosius Adam Stephen
Bought by
Bangash Monica and Brosius Monica

Purchase Details

Listed on
Mar 2, 2018
Closed on
Mar 29, 2019
Sold by
Delray Capital 1B Llc
Bought by
Brosius Adam Stephen
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Monica Bangash
Coldwell Banker Realty /Delray Beach
List Price
$1,995,000
Sold Price
$1,600,000
Premium/Discount to List
-$395,000
-19.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.96%
Original Mortgage
$850,000
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 30, 2017
Sold by
Algonquin Ltd
Bought by
Delray Capital 1B Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$6,075,000
Interest Rate
3.9%
Mortgage Type
Commercial
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
Adva Llc -- Accommodation
Yasur Yoram -- Accommodation
Ocean 217 Llc $2,000,000 Crystal T&E Co Inc
Bangash Monica -- Crystal T&E Co Inc
Bangash Monica -- Crystal Title & Escrow
Brosius Adam Stephen $1,600,000 Crystal T&E Co Inc
Delray Capital 1B Llc $7,250,000 Attorney
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brosius Adam Stephen $850,000
Previous Owner Delray Capital 1B Llc $6,075,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/29/2019 03/29/19 Sold $1,600,000 -19.8% $457 / Sq Ft
02/27/2019 02/27/19 Pending -- -- --
03/02/2018 03/02/18 For Sale $1,995,000 -- $570 / 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 $21,757 $1,150,841 -- --
2023 $19,871 $1,046,219 $1,046,241 $0
2022 $18,636 $951,108 $0 $0
2021 $17,335 $853,571 $853,571 $0
2020 $16,886 $824,000 $824,000 $0
2019 $16,579 $800,000 $800,000 $0
2018 $18,006 $879,695 $799,572 $80,123
2017 $24,525 $1,179,618 $799,572 $380,046
2016 $25,079 $1,161,678 $0 $0
2015 $23,390 $1,056,071 $0 $0
2014 $22,078 $979,476 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2019

    Candace Friis

    The Corcoran Group

    (561) 573-9966

    41 in this area

    150 Total Sales

    Candace Friis
    Section Image

  • P

    Seller Co-Listing Agent in 2019

    Phillip Friis

    The Corcoran Group

    (561) 706-1922

    38 in this area

    134 Total Sales

    Phillip Friis
    Section Image

  • M

    Buyer's Agent in 2019

    Monica Bangash

    Coldwell Banker Realty /Delray Beach

See All Agents

Map

Source: BeachesMLS

MLS Number: R10410643

BeachesMLS

APN: 12-43-46-16-A8-004-0030

Florida Palm Beach County Delray Beach 33483

1239 Laing St, Delray Beach, FL

This home is located at 1239 Laing St, Delray Beach, FL 33483 since 02 March 2018 and is currently estimated at $4,004,610, approximately $1,143 per square foot. 1239 Laing St is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Community Middle School, and Atlantic 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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