NOT LISTED FOR SALE

2175 S Ocean Blvd Unit 201 Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

Estimated Value: $595,000 - $846,000

2 Beds
2 Baths
1,540 Sq Ft
$1,067/mo HOA Fee

Last Sold August 02, 2021

Last sale price $370,000 $240 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $5,561/month

38 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry Room
  • Boca Raton Community Middle School Rated A-
  • Walk-In Closet
  • Tile Flooring

About This Home

As of August 2021

Great opportunity to own a SPACIOUS 2 bed, 2 bath unit in the oceanfront community of Costa del Rey in Delray Beach, FL. Over 1,500 sqft! This renovation-ready unit is a blank canvas. Bring your contractor and your creativity to this amazing value. This is BY FAR the best value East of A1A in Delray Beach and surrounding areas. Plenty of natural light. Floor to ceiling windows (not impact). This price point simply does not exist anymore in Delray. Building is in great condition. 2018 roof. Concrete restoration completed. No pets. No renting for 1st 2 years of ownership. 1 carport included with purchase. Costa del Rey has a heated pool, game room, and 200' of private beach!

Last Agent to Sell the Property

Geoff Braboy

Compass Florida LLC License #3281634 Listed on: 05/25/2021

Compass Florida LLC

Co-Listed By

David Gunther

Atlantic Waterfront Properties License #3285299

Last Buyer's Agent

Michael Kaufman

Michael Kaufman Real Estate Inc License #3276163

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,571

Year Built

  • Built in 1974

Lot Details

  • 2.19

HOA Fees

  • $1,067 Monthly HOA Fees

Home Design

  • 1,540 Sq Ft Home
  • Entry on the 3rd floor

Kitchen

  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Dryer

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434628350012010

Community Details

Overview

  • 40 Units
  • Costa Del Rey Condo Subdivision
  • 6-Story Property

Amenities

  • Clubhouse

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,571

Year Built

Built in 1974

Lot Details

0

HOA Fees

$1,067 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Condominium
  • Property Sub Type Additional: Condominium
  • Directions: One mile south of Linton on A1A on east side.
  • Year Built: 1974
  • Entry Level: 3
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Washer/Dryer
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Flooring: Laminate, Tile
  • Living Area: 1540.0
  • Dining Room Type: Laundry
  • Stories: 6

Exterior Features

  • Pool Features: None, Association, Community
  • Waterfront: No
  • Construction Type: Block
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Utilities: Cable Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Fee: 1067.0
  • Community Features: Clubhouse, Non-Gated, Pool
  • Senior Community: No
  • Amenities: Clubhouse, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: No

Lot Info

  • Parcel #: 12434628350012010
  • Zoning Description: RES

Tax Info

  • Tax Year: 2020
  • Tax Annual Amount: 4571.0

Multi Family

  • Number Of Units In Community: 40

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 20, 2021
Sold by
Bey Jeffrey
Bought by
Radel Steven B
Seller's Agent
Geoff Braboy
Compass Florida LLC
Buyer's Agent
Michael Kaufman
Michael Kaufman Real Estate Inc
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%
Current Estimated Value
$703,239

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,239
Avg. Annual Appreciation
15.75%
Original Mortgage
$277,500
Outstanding Balance
$251,091
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$452,148

Purchase Details

Listed on
May 25, 2021
Closed on
Jul 8, 2021
Sold by
Bey Brian
Bought by
Radel Steven B
Seller's Agent
Geoff Braboy
Compass Florida LLC
Buyer's Agent
Michael Kaufman
Michael Kaufman Real Estate Inc
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$251,091
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$452,148

Purchase Details

Listed on
May 25, 2021
Closed on
Jun 29, 2021
Sold by
Bey Richard W
Bought by
Radel Steven B
Seller's Agent
Geoff Braboy
Compass Florida LLC
Buyer's Agent
Michael Kaufman
Michael Kaufman Real Estate Inc
List Price
$395,000
Sold Price
$370,000
Premium/Discount to List
-$25,000
-6.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Outstanding Balance
$251,091
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$452,148

Purchase Details

Closed on
Mar 8, 2013
Sold by
The Richard Bey Revocable Living Trust
Bought by
Bey Richard W

Purchase Details

Closed on
Mar 7, 2013
Sold by
Elizabeth Bey Revocable Trust
Bought by
Richard Bey Revocable Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Radel Steven B -- Attorney
Radel Steven B -- Attorney
Radel Steven B $370,000 Attorney
Bey Richard W -- Assure America Title Co
Richard Bey Revocable Living Trust -- Assure America Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Radel Steven B $277,500
Previous Owner Radel Steven B $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2021 08/02/21 Sold $370,000 -6.3% $240 / Sq Ft
07/03/2021 07/03/21 Pending -- -- --
05/25/2021 05/25/21 For Sale $395,000 -- $256 / 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 $9,583 $560,000 -- --
2024 $9,583 $560,000 -- --
2023 $10,704 $600,000 $0 $600,000
2022 $10,447 $529,240 $0 $0
2021 $4,604 $262,843 $0 $0
2020 $4,571 $259,214 $0 $0
2019 $4,505 $253,386 $0 $0
2018 $4,306 $248,661 $0 $0
2017 $4,287 $243,547 $0 $0
2016 $4,303 $238,538 $0 $0
2015 $4,416 $236,880 $0 $0
2014 $4,441 $235,000 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Geoff Braboy

    Seller's Agent in 2021

    Geoff Braboy

    Compass Florida LLC

    (561) 699-3455

    13 in this area

    135 Total Sales

    Geoff Braboy
    Section Image
  • David Gunther

    Seller Co-Listing Agent in 2021

    David Gunther

    Atlantic Waterfront Properties

    (954) 651-4789

    7 in this area

    88 Total Sales

    David Gunther
    Section Image
  • Michael Kaufman

    Buyer's Agent in 2021

    Michael Kaufman

    Michael Kaufman Real Estate Inc

    (917) 488-0444

    2 in this area

    33 Total Sales

    Michael Kaufman
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10718989

BeachesMLS

APN: 12-43-46-28-35-001-2010

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

2175 S Ocean Blvd Unit 201, Delray Beach, FL

Not Listed for Sale

Condos

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