Seller's Agent in 2026
Renee Strack
Serhant
(443) 955-3363
11 in this area
18 Total Sales
140 SE 1st Ave Delray Beach, FL 33444
Downtown Delray Beach Neighborhood
3
Beds
3.5
Baths
2,444
Sq Ft
2025
Built
Highlights
- New Construction
- Wood Flooring
- Garden View
- In Ground Pool
- Main Floor Primary Bedroom
- Outdoor Living Area
About This Home
As of March 2026Introducing 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; custom wood cabinetry and Primary Suite covered balcony. Outdoor living is equally refined, featuring a private yard with a heated saltwater pool, trellis balcony and lush tropical landscaping. Additional features include hurricane impact windows and doors, concrete block construction, Sonos integrated audio, tankless water heating, natural gas 6-burner stove top, and a two-car garage with Electric Vehicle charging station. Live in a private sanctuary amid the energy of downtown! Within walking proximity to the Intracoastal, Delray's "Blue Flag" pristine beaches, art galleries, Amphitheater, Delray Beach Tennis Center, Old School Square Green Market, and so much more. Completion anticipated Fall 2025.
Home Details
Home Type
- Single Family
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
- Entry on the 1st floor
- Metal Roof
Interior Spaces
- 2,444 Sq Ft Home
- 2-Story Property
- Fireplace
- Combination Dining and Living Room
- Garden Views
- Fire and Smoke Detector
Kitchen
- Breakfast Bar
- Oven
- Gas Range
- Microwave
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms | 1 Primary Bedroom on Main
- Walk-In Closet
- Dual Sinks
Laundry
- Dryer
- Washer
Pool
- In Ground Pool
- Spa
Outdoor Features
- Balcony
- Outdoor Living Area
- Porch
Schools
- Pine Grove Elementary School
- Carver Community Middle School
- Atlantic High School
Utilities
- Central Heating and Cooling System
- Gas Water Heater
- Water Purifier
- Water Softener
Community Details
- Property has a Home Owners Association
- Magnolia Place Delray Subdivision, Jasmine West Floorplan
Listing and Financial Details
- Assessor Parcel Number 12434616R50000040
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 1, 2025
Closed on
Mar 5, 2026
Sold by
130 Se 1St Llc
Bought by
Brocoum Constantine
Seller's Agent
Renee Strack
Serhant
Buyer's Agent
Renee Strack
Serhant
List Price
$2,895,000
Sold Price
$2,695,000
Premium/Discount to List
-$200,000
-6.91%
Views
13
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.55%
Original Mortgage
$1,886,500
Outstanding Balance
$1,886,500
Interest Rate
5.75%
Mortgage Type
New Conventional
Estimated Equity
$858,500
Purchase Details
Closed on
May 5, 2023
Sold by
Johnson Properties Of Delray Beach Llc
Bought by
130 Se 1St Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,000,000
Interest Rate
6.32%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Sep 21, 2022
Sold by
Johnson Thomas
Bought by
Johnson Properties Of Delray Beach Llc
Purchase Details
Closed on
Sep 25, 2017
Sold by
Hatcher William Thomas
Bought by
Johnson Thomas
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
3.89%
Mortgage Type
Commercial
Purchase Details
Closed on
Jul 24, 2002
Sold by
Hatcher Samuel Thomas and Hatcher Walter J
Bought by
Hatcher William Thomas
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $2,695,000 | None Listed On Document | |
| Warranty Deed | $5,750,000 | None Listed On Document | |
| Warranty Deed | $267,800 | -- | |
| Warranty Deed | $1,000,000 | Attorney | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,886,500 | New Conventional | |
| Previous Owner | $4,000,000 | Credit Line Revolving | |
| Previous Owner | $700,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/05/2026 03/05/26 | Sold | $2,695,000 | -6.9% | $1,103 / Sq Ft |
| 12/01/2025 12/01/25 | Pending | -- | -- | -- |
| 10/01/2025 10/01/25 | For Sale | $2,895,000 | -- | $1,185 / Sq Ft |
Source: BeachesMLS (Greater Fort Lauderdale)
Agents Affiliated with this Home
-
Renee Strack
-
Lemore Zausner
Seller Co-Listing Agent in 2026
Lemore Zausner
Serhant
(561) 870-5598
17 in this area
65 Total Sales
Map
Source: BeachesMLS (Greater Fort Lauderdale)
MLS Number: F10529175
APN: 12-43-46-16-B4-070-0150
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.
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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