NOT LISTED FOR SALE

Estimated Value: $5,137,000 - $8,890,068

3 Beds
2 Baths
1,533 Sq Ft
$4,942/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Balcony
  • Porch
  • Corner Lot
  • Fireplace
  • 2-minute walk to Anchor Park

About This Home

As of April 2022

This immaculate 3 bedroom/2 bath cottage is the epitome of Delray Beach beachfront living. Situated directly across from the Atlantic Ocean and a 1 minute bike ride to the vibrant Atlantic Avenue, this rental opportunity is truly one-of-a-kind. Built in 1935, this historic cottage is distinguishably detached from the Main Estate and underwent a total renovation in early 2019 with no detail spared. White soap stone countertops, grey porcelain driftwood flooring, original whitewashed Pecky Cypress ceilings, and an abundance of impact windows provide for light and bright beachfront living. With 2 private entrances, an ocean-facing patio, and a sprawling grassy yard running parallel to the beach, the Cottage at 226 S. Ocean is the perfect place to call home!

Last Agent to Rent the Property

Courtney Knopf

The Corcoran Group License #3381744 Listed on: 12/21/2021

The Corcoran Group

Last Renter's Agent

Courtney Knopf

The Corcoran Group License #3381744 Listed on: 12/21/2021

The Corcoran Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • Ocean Front
  • Corner Lot

Interior Spaces

  • 1,533 Sq Ft Home
  • Fireplace
  • Family Room
  • Ceramic Tile Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Split Bedroom Floorplan
  • 2 Full Bathrooms
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Balcony
  • Patio
  • Porch

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Nassau Pk Rev Subdivision

Listing and Financial Details

  • Property Available on 5/1/22
  • Assessor Parcel Number 12434616270000012

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Rental Info

  • Tenant Pays: Exterior Electric
  • Available Date: 2022-05-01

Listing Details

  • Prop. Type: Residential Lease
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: On A1A 0.3 miles south of Atlantic Avenue on NW corner of Nassau Street and S. Ocean Blvd.
  • Year Built: 1935
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Dual Sinks, Fireplace, Split Bedrooms
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace: Yes
  • Flooring: Ceramic Tile
  • Living Area: 1533.0
  • Dining Room Type: Family Room, Laundry

Exterior Features

  • Exterior Features: Balcony, Patio
  • View: Ocean
  • Lot Features: Corner Lot
  • Pool Features: None
  • Pool Private: No
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Patio And Porch Features: Patio, Porch

Garage/Parking

  • Garage Yn: No
  • Parking Features: Assigned, Driveway

Utilities

  • Security: Security System, Security Lights
  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No

Lot Info

  • Parcel #: 12434616270000012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 11, 2021
Closed on
Nov 15, 2021
Sold by
Garfinkel Mitchel D and Mitchel D Garfinkel Revocable
Bought by
Lundergan Charlotte Case and Lundergan Charlotte Case
Seller's Agent
Courtney Knopf
The Corcoran Group
Sold Price
$25,000
Current Estimated Value
$7,576,689

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,551,689

Purchase Details

Listed on
Nov 25, 2020
Closed on
Feb 22, 2021
Sold by
Garfinkel Mitchel D
Bought by
Garfinkel Mitchel D and The Mitchel D Garfinkel Revoca
Seller's Agent
Courtney Knopf
The Corcoran Group
Buyer's Agent
MARY BETH WINDLE, LANG REALTY
Douglas Elliman
Sold Price
$17,000

Purchase Details

Closed on
Dec 14, 2011
Sold by
Springs 4 Llc
Bought by
Garfinkel Mitchel D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,720,000
Interest Rate
4.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2005
Sold by
Lynch Patrick
Bought by
Springs 4 Llc

Purchase Details

Closed on
Apr 11, 1994
Sold by
Messick Mary Ann and Flynn Neva
Bought by
Lynch Patrick W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,000
Interest Rate
7.47%
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
Lundergan Charlotte Case $9,600,000 Patch Reef Title Company Inc
Garfinkel Mitchel D -- Attorney
Garfinkel Mitchel D $2,150,000 Attorney
Springs 4 Llc $4,200,000 Florida Title Underwriters L
Lynch Patrick W $555,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garfinkel Mitchel D $1,720,000
Previous Owner Lynch Patrick W $444,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2022 04/01/22 Rented $25,000 0.0% --
03/02/2022 03/02/22 Under Contract -- -- --
12/21/2021 12/21/21 Rented $25,000 0.0% --
12/21/2021 12/21/21 For Rent $25,000 +42.9% --
11/21/2021 11/21/21 Under Contract -- -- --
02/11/2021 02/11/21 For Rent $17,500 +2.9% --
02/11/2021 02/11/21 Rented $17,000 +13.3% --
01/12/2021 01/12/21 Under Contract -- -- --
11/25/2020 11/25/20 For Rent $15,000 0.0% --
11/25/2020 11/25/20 Rented $15,000 0.0% --
10/26/2020 10/26/20 Under Contract -- -- --
06/03/2020 06/03/20 For Rent $15,000 -- --
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 $133,907 $7,640,294 -- --
2024 $133,907 $7,103,890 -- --
2023 $133,265 $6,458,082 $4,811,103 $3,248,735
2022 $115,020 $5,870,984 $0 $0
2021 $73,920 $3,630,194 $3,213,000 $417,194
2020 $68,917 $3,353,173 $2,907,000 $446,173
2019 $67,025 $3,223,988 $2,754,000 $469,988
2018 $71,694 $3,545,538 $3,104,029 $441,509
2017 $48,928 $2,452,751 $0 $0
2016 $48,627 $2,253,355 $0 $0
2015 $48,549 $2,175,389 $0 $0
2014 $47,171 $2,102,150 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: BeachesMLS

MLS Number: R10765920

BeachesMLS

APN: 12-43-46-16-27-000-0012