140 SE 1st Ave Delray Beach, FL 33444
Downtown Delray Beach NeighborhoodEstimated payment $17,309/month
Highlights
- New Construction
- Wood Flooring
- Great Room
- Private Pool
- Garden View
- Porch
About This Home
Introducing Magnolia Place, an exclusive collection of 10 luxury townhomes built by acclaimed Seaside Builders, ideally located in downtown Delray Beach—just one block from Atlantic Avenue and the new Sundy Village. This townhome offers a premium position along the West side of the development, offering both privacy and unmatched walkability. Designed by Architect Gary Eliopoulos and interiors curated by Leighton Design Group, each home blends tropical-inspired architecture with modern coastal elegance. With 3 bedrooms, 3.1 baths, and approx. 3,300 total sq. ft., every space is bright, open, and thoughtfully designed for flow and functionality. Highlights include high-end gourmet kitchen with Thermador appliances, quartz countertops, inspired bathrooms; wide-plank white oak wood flooring;
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $24,607
Year Built
- Built in 2025 | New Construction
Lot Details
- West Facing Home
- Fenced
- Property is zoned NZ
Parking
- 2 Car Attached Garage
- Garage Door Opener
- Driveway
Home Design
- Metal Roof
Interior Spaces
- 2,444 Sq Ft Home
- 2-Story Property
- Great Room
- Combination Dining and Living Room
- Utility Room
- Garden Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Gas Range
- Microwave
- Dishwasher
- Kitchen Island
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Main Level Bedroom
- Walk-In Closet
- Dual Sinks
Laundry
- Laundry Room
- Dryer
- Washer
Pool
- Private Pool
- Spa
Outdoor Features
- Open Patio
- Porch
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Community Details
- Magnolia Place Delray Subdivision, Jasmine West Floorplan
Listing and Financial Details
- Assessor Parcel Number 12434616R50000040
Map
Home Values in the Area
Average Home Value in this Area
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 | $24,607 | $1,350,088 | -- | -- |
| 2023 | $18,137 | $959,028 | -- | -- |
| 2022 | $13,276 | $571,725 | $0 | $0 |
| 2021 | $10,686 | $540,000 | $540,000 | $0 |
| 2020 | $9,678 | $472,500 | $472,500 | $0 |
| 2019 | $9,322 | $450,000 | $450,000 | $0 |
| 2018 | $9,219 | $454,716 | $454,716 | $0 |
| 2017 | $3,160 | $192,472 | $0 | $0 |
| 2016 | $3,169 | $188,513 | $0 | $0 |
| 2015 | $3,423 | $187,203 | $0 | $0 |
| 2014 | $3,442 | $185,717 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/01/2025 10/01/25 | For Sale | $2,895,000 | -- | $1,185 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $5,750,000 | None Listed On Document | |
| Warranty Deed | $267,800 | -- | |
| Warranty Deed | $1,000,000 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $4,000,000 | Credit Line Revolving | |
| Previous Owner | $700,000 | Commercial |
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10529175
APN: 12-43-46-16-B4-070-0150
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