NOT LISTED FOR SALE

1901 S Ocean Blvd Unit 15 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $2,805,000 - $9,398,000

5 Beds
6.5 Baths
4,473 Sq Ft
$4,951/mo HOA Fee

Last Sold April 25, 2023

Last sale price $9,945,000 $2,223 Per Sq Ft

Est. 25% decrease in value since last sale

Current estimated payment $55,311/month

76 Days on Market

Highlights

  • Ocean Front
  • Fitness Center
  • Roman Tub
  • Boca Raton Community Middle School Rated A-
  • Clubhouse
  • Marble Flooring

About This Home

As of April 2023

A thrilling and unexpected experience awaits you as you enter this amazing prime Oceanfront Penthouse that lives like a single family home with zero hassles. Ocean Delray, completed in 2021, is a boutique building of only 19 units, located at 1901 South Ocean Blvd. Delray Beach, and one of the most sought-after and coveted addresses in the beach area. Designed by Randall Stofft, Ocean Delray embraces contemporary design blended with extensive verdant landscape, winding walking paths layered with hundreds of tropical plants and trees, which all possess a seductive pull toward the pristine beach and warm ocean. Designed with impeccable luxurious finishes using a diverse array of natural materials and textures, Penthouse 15, with expansive ocean views, features 7,832 TSF with 5

Last Agent to Sell the Property

Candace Friis

The Corcoran Group License #582187 Listed on: 02/06/2023

The Corcoran Group

Co-Listed By

Phillip Friis

The Corcoran Group License #3297432

Last Buyer's Agent

Todd Lipsich

Luxury Partners Realty License #613860

Luxury Partners Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $131,843

Year Built

  • Built in 2021

Lot Details

  • Ocean Front

HOA Fees

  • $4,951 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Garage Door Opener
  • Deeded Parking
  • Assigned Parking

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 4,473 Sq Ft Home
  • 3-Story Property
  • Wet Bar
  • Built-In Features
  • Bar
  • High Ceiling
  • Fireplace
  • Blinds
  • Entrance Foyer
  • Great Room
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Built-In Oven
  • Gas Range
  • Dishwasher

Flooring

  • Wood
  • Marble
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Closet Cabinetry
  • Walk-In Closet
  • Dual Sinks
  • Roman Tub
  • Separate Shower in Primary Bathroom

Laundry

  • Washer and Dryer
  • Laundry Tub

Home Security

Utilities

  • Central Heating and Cooling System
  • Municipal Trash
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628a40000150

Community Details

Overview

  • Association fees include management, common areas, insurance, ground maintenance, maintenance structure, pool(s)
  • Ocean Delray Condo Subdivision

Amenities

  • Clubhouse
  • Community Storage Space
  • Elevator

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Impact Glass

Property Details

Home Type

Condominium

Est. Annual Taxes

$131,843

Year Built

Built in 2021

Lot Details

0

HOA Fees

$4,951 per month

Parking

3

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: South of Linton on A1A
  • Year Built: 2021
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Wet Bar, Built-in Features, Closet Cabinetry, Dual Sinks, Entrance Foyer, Eat-in Kitchen, Elevator, Fireplace, Garden Tub/Roman Tub, High Ceilings, Pantry, Separate Shower, Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Spa Features: Community
  • Appliances: Built-In Oven, Cooktop, Dryer, Dishwasher, Gas Range, Refrigerator, Washer/Dryer
  • Full Bathrooms: 6
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace: Yes
  • Flooring: Marble, Tile, Wood
  • Living Area: 4473.0
  • Dining Room Type: Great Room
  • Stories: 3
  • Window Features: Blinds, Impact Glass

Exterior Features

  • View: Ocean
  • Pool Features: None, Association, Community
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Pet on Property
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Covered Parking Spaces: 3.0
  • Attached Garage: Yes
  • Garage Spaces: 3.0
  • Garage Yn: Yes
  • Parking Features: Assigned, Attached, Deeded, Garage, Garage Door Opener

Utilities

  • Laundry Features: Laundry Tub
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Cable Available, Electricity Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 4951.0
  • Community Features: Non-Gated, Property Manager On-Site, Pool, Street Lights
  • Senior Community: No
  • Amenities: Clubhouse, Fitness Center, Management, Pool, Spa/Hot Tub, Storage, Trash, Elevator(s)
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

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

Lot Info

  • Parcel #: 12434628a40000150
  • Zoning Description: Res

Tax Info

  • Tax Year: 2022
  • Tax Annual Amount: 131843.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 6, 2023
Closed on
Apr 25, 2023
Sold by
Reda Joseph and Reda Jennifer
Bought by
1901 Unit 15 Llc
Seller's Agent
Candace Friis
The Corcoran Group
Buyer's Agent
Todd Lipsich
Luxury Partners Realty
List Price
$13,777,777
Sold Price
$9,945,000
Premium/Discount to List
-$3,832,777
-27.82%
Views
128
Current Estimated Value
$7,458,905

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,486,095
Avg. Annual Appreciation
-11.69%
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
1901 Unit 15 Llc $9,945,000 None Listed On Document
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/25/2023 04/25/23 Sold $9,945,000 -27.8% $2,223 / Sq Ft
04/24/2023 04/24/23 Pending -- -- --
02/06/2023 02/06/23 For Sale $13,777,777 +70.5% $3,080 / Sq Ft
03/07/2022 03/07/22 Sold $8,080,808 -2.6% $1,807 / Sq Ft View Prior Sale
03/07/2022 03/07/22 For Sale $8,299,000 -- $1,855 / 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
2025 $133,959 $7,900,000 -- --
2024 $133,959 $7,350,000 -- --
2023 $128,704 $6,800,000 $0 $6,800,000
2022 -- $6,767,000 -- --
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2023

    Candace Friis

    The Corcoran Group

    (561) 573-9966

    40 in this area

    149 Total Sales

    Candace Friis
    Section Image

  • P

    Seller Co-Listing Agent in 2023

    Phillip Friis

    The Corcoran Group

    (561) 706-1922

    37 in this area

    134 Total Sales

    Phillip Friis
    Section Image
  • Todd Lipsich

    Buyer's Agent in 2023

    Todd Lipsich

    Luxury Partners Realty

    (561) 702-3918

    3 in this area

    80 Total Sales

    Todd Lipsich
    Section Image

  • D

    Seller's Agent in 2022

    Debbie Haines

    MMLS Assoc.-Inactive Member

    Section Image
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Map

Source: BeachesMLS

MLS Number: R10864067

BeachesMLS

APN: 12-43-46-28-A4-000-0150

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

1901 S Ocean Blvd Unit 15, Delray Beach, FL

Not Listed for Sale

Condos

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