NOT LISTED FOR SALE

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

5 Beds
4.5 Baths
4,244 Sq Ft
$1,785/Sq Ft Est. Value

Highlights

  • Ocean Front
  • Wood Flooring
  • Corner Lot
  • Private Pool
  • Sun or Florida Room
  • 2-minute walk to Anchor Park

About This Home

As of March 2022

This Key West inspired, 5 bedroom/4.5 bath oceanfront estate brings new meaning to the ''Ultimate Vacation Home.'' Escape the blustery winter to Delray Beach's Historic Nassau Park District and live steps from Atlantic Avenue and the beach. Enjoy 180 degrees of unobstructed ocean views from this oceanfront paradise. Cook your favorite meal in your chef's kitchen, relax around your wood burning fireplace, shoot a game of pool, bask in the sun while listening to sounds of the ocean in your privately enclosed patio with recently refinished heated pool. Top-of-the-line Summer Kitchen installed October 2020. Master Bedroom conveniently located on the ground floor. Beach access directly across street and a one minute bike ride to the endless options on the vibrant Atlantic Avenue.

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
  • Fenced
  • Corner Lot

Interior Spaces

  • 4,244 Sq Ft Home
  • Built-In Features
  • High Ceiling
  • Fireplace
  • French Doors
  • Great Room
  • Family Room
  • Den
  • Sun or Florida Room
  • Wood Flooring
  • Ocean Views

Kitchen

  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Walk-In Closet
  • Dual Sinks

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights

Parking

  • Driveway
  • Assigned Parking

Outdoor Features

  • Private Pool
  • Balcony
  • Open 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: Built-in Features, Dual Sinks, French Door(s)/Atrium Door(s), Fireplace, High Ceilings, Walk-In Closet(s)
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Ice Maker, Microwave, Refrigerator, Washer
  • Full Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Wood
  • Living Area: 4244.0
  • Dining Room Type: Den, Family Room, Florida Room, Great Room, Laundry

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Ocean
  • Lot Features: Corner Lot
  • Pool Features: Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Patio And Porch Features: Balcony, Open, 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
Aug 30, 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
Buyer's Agent
Courtney Knopf
The Corcoran Group
Sold Price
$50,000
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
$7,526,689

Purchase Details

Closed on
Feb 22, 2021
Sold by
Garfinkel Mitchel D
Bought by
Garfinkel Mitchel D and The Mitchel D Garfinkel Revoca

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
03/15/2022 03/15/22 Rented $60,000 +20.0% --
02/13/2022 02/13/22 Under Contract -- -- --
12/21/2021 12/21/21 Rented $50,000 0.0% --
12/21/2021 12/21/21 For Rent $50,000 +100.0% --
11/21/2021 11/21/21 Under Contract -- -- --
08/30/2021 08/30/21 For Rent $25,000 0.0% --
08/30/2021 08/30/21 Rented $25,000 0.0% --
07/31/2021 07/31/21 Under Contract -- -- --
11/28/2020 11/28/20 For Rent $25,000 +25.0% --
11/28/2020 11/28/20 Rented $20,000 -20.0% --
10/29/2020 10/29/20 Under Contract -- -- --
06/03/2020 06/03/20 For Rent $25,000 +4.2% --
05/15/2020 05/15/20 Rented $24,000 -40.0% --
04/15/2020 04/15/20 Under Contract -- -- --
10/22/2019 10/22/19 For Rent $40,000 -- --
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: R10765914

BeachesMLS

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