NOT LISTED FOR SALE

2225 S Ocean Blvd Unit 7/8 Delray Beach, FL 33483

Estimated Value: $2,836,000 - $6,938,000

5 Beds
4 Baths
3,544 Sq Ft
$1,568/Sq Ft Est. Value

Last Sold April 17, 2015

Last sale price $4,000,000 $1,129 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $36,845/month

48 Days on Market

Highlights

  • Ocean Front
  • Community Cabanas
  • Marble Flooring
  • Boca Raton Community Middle School Rated A-
  • Newly Remodeled
  • Sun or Florida Room

About This Home

As of April 2015

Newer Direct Oceanfront Estate Located in Delray Beach. The Home features 5 luxury bedrooms, complete Hurricane Windows throughout, Custom Kitchen and Bathrooms, Built out closets, Custom Spa and Pool, Plus Much More. Low HOA fee which includes Insurance. Pet allowed. This is a must see property!

Last Agent to Sell the Property

David Lee

Edgestone Real Estate Inc. License #3036926 Listed on: 01/28/2015

Co-Listed By

Albert Giachetti

Mizner Grande Realty LLC License #482334

Last Buyer's Agent

David Lee

Edgestone Real Estate Inc. License #3036926 Listed on: 01/28/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,862

Year Built

  • Built in 2014 | Newly Remodeled

Lot Details

  • Ocean Front
  • Fenced
  • Sprinkler System

HOA Fees

  • $1,250 Monthly HOA Fees

Home Design

  • Entry on the 1st floor
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 3,544 Sq Ft Home
  • 3-Story Property
  • Bar
  • Family Room
  • Dining Room
  • Sun or Florida Room
  • Ocean Views

Kitchen

  • Electric Range
  • Dishwasher

Flooring

  • Wood
  • Carpet
  • Marble

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • In-Law or Guest Suite
  • 4 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security Gate
  • Fire and Smoke Detector
  • Fire Sprinkler System

Parking

  • 2 Carport Spaces
  • Over 1 Space Per Unit
  • Assigned Parking

Pool

  • Heated Pool
  • Pool Equipment or Cover

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Assessor Parcel Number 12434628940000070

Community Details

Overview

  • Association fees include common areas, cable TV, insurance, ground maintenance, pool(s), roof, sewer, trash, water
  • Delray Village By The Sea Subdivision

Recreation

  • Community Cabanas
  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,862

Year Built

Built in 2014 | Newly Remodeled

Lot Details

0

HOA Fees

$1,250 per month

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Linton Blvd to A1A. Appr 1/2 Mile South on Oceanside.
  • Year Built: 2014
  • Carport Y N: Yes
  • Entry Level: 1
  • New Construction: Yes
  • Year Built Details: New Construction
  • Special Features: 4098

Interior Features

  • Interior Amenities: Bar, Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Refrigerator, Washer
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Flooring: Carpet, Marble, Wood
  • Living Area: 3544.0
  • Dining Room Type: Family Room, In-Law Suite, Dining Room, Florida Room
  • Stories: 3

Exterior Features

  • Exterior Features: Fence
  • View: Ocean
  • Lot Features: Sprinklers Automatic, < 1/4 Acre
  • Pool Features: Heated, Pool Equipment, Pool, Association, Community
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Construction Type: Block
  • Property Condition: New Construction
  • Roof: Composition, Shingle

Garage/Parking

  • Covered Parking Spaces: 2.0
  • Carport Spaces: 2.0
  • Garage Yn: No
  • Parking Features: Assigned, Two or More Spaces

Utilities

  • Security: Security Gate, Fire Sprinkler System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Utilities: Electricity Available

Condo/Co-op/Association

  • Association Fee: 1250.0
  • Community Features: Pool
  • Senior Community: No
  • Amenities: Cabana, Pool
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Fee Information

  • Association Fee Includes: Common Areas, Cable TV, Insurance, Maintenance Grounds, Pool(s), Roof, Sewer, Trash, Water

Lot Info

  • Parcel #: 12434628940000070
  • Zoning Description: res

Tax Info

  • Tax Year: 2014
  • Tax Annual Amount: 10862.0

Multi Family

  • Number Of Units In Community: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2015
Closed on
Apr 17, 2015
Sold by
Hammond Laurie
Bought by
Gooch Michael A
Seller's Agent
David Lee
Edgestone Real Estate Inc.
Buyer's Agent
David Lee
Edgestone Real Estate Inc.
List Price
$4,495,000
Sold Price
$4,000,000
Premium/Discount to List
-$495,000
-11.01%
Current Estimated Value
$5,558,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,558,326
Avg. Annual Appreciation
3.17%
Original Mortgage
$2,850,000
Outstanding Balance
$2,178,722
Interest Rate
3.55%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$3,379,604

Purchase Details

Listed on
Apr 2, 2014
Closed on
May 15, 2014
Sold by
Delray Village By The Sea Llc
Bought by
Hammond Laurie
Seller's Agent
David Lee
Edgestone Real Estate Inc.
Buyer's Agent
David Lee
Edgestone Real Estate Inc.
List Price
$3,650,000
Sold Price
$3,475,000
Premium/Discount to List
-$175,000
-4.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
16.52%
Source: Public Records

Range of Values:

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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
Gooch Michael A $4,000,000 Old Palm Title Llc
Hammond Laurie $3,475,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gooch Michael A $2,850,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/17/2015 04/17/15 Sold $4,000,000 -11.0% $1,129 / Sq Ft
03/18/2015 03/18/15 Pending -- -- --
01/28/2015 01/28/15 For Sale $4,495,000 +29.4% $1,268 / Sq Ft
05/15/2014 05/15/14 Sold $3,475,000 -4.8% $981 / Sq Ft View Prior Sale
04/15/2014 04/15/14 Pending -- -- --
04/02/2014 04/02/14 For Sale $3,650,000 -- $1,030 / 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 $78,019 $4,312,824 -- --
2023 $78,598 $4,187,208 $0 $0
2022 $78,581 $4,065,250 $0 $0
2021 $72,930 $3,604,000 $0 $3,604,000
2020 $69,418 $3,400,000 $0 $3,400,000
2019 $69,902 $3,386,000 $0 $3,386,000
2018 $68,412 $3,386,000 $0 $3,386,000
2017 $69,795 $3,386,000 $0 $0
2016 $71,815 $3,386,000 $0 $0
2015 $65,199 $2,970,000 $0 $0
2014 $10,862 $481,250 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • David Lee

    Seller's Agent in 2015

    David Lee

    Edgestone Real Estate Inc.

    (561) 212-4246

    7 in this area

    58 Total Sales

    David Lee
    Section Image

  • A

    Seller Co-Listing Agent in 2015

    Albert Giachetti

    Mizner Grande Realty LLC

See All Agents

Map

Source: BeachesMLS

MLS Number: R10106475

BeachesMLS

APN: 12-43-46-28-94-000-0070

Florida Palm Beach County Delray Beach 33483

2225 S Ocean Blvd Unit 7/8, Delray Beach, FL

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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