NOT LISTED FOR SALE

226 S Ocean Blvd Delray Beach, FL 33483

Beachside Delray Beach Neighborhood

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

9 Beds
7.5 Baths
6,421 Sq Ft
$1,180/Sq Ft Est. Value

Last Sold November 15, 2021

Last sale price $9,600,000 $1,495 Per Sq Ft

Est. 21% decrease in value since last sale

Current estimated payment $50,974/month

724 Days on Market

Highlights

  • 117 Feet of Waterfront
  • Heated Pool
  • Loft
  • Ocean View
  • Wood Flooring
  • 2-minute walk to Anchor Park

About This Home

As of November 2021

For those who are seeking the ultimate in location, luxury and living: Welcome to the Grand Estate of 226 South Ocean. Situated directly across from the Atlantic Ocean and in the heart of Delray Beach, this magnificent Historic Compound exudes sophistication, casual elegance and charm. Totaling 7,554 square feet with 9 bedrooms and 7.5 bathrooms, this family compound is perfectly fit to suit those looking for privacy and space. Comprised of a recently updated 5/4.5 Main Residence, a fully renovated 3/2 Guest Cottage, and a separate 1/1 staff quarters convertible to an enclosed garage, 226 S. Ocean offers 180 degrees of unobstructed panoramic ocean views on just under half an acre of meticulously maintained grounds with tropical setting, making this offering exceptionally rare and unique.

Last Agent to Sell the Property

Courtney Knopf

The Corcoran Group License #3381744 Listed on: 10/22/2019

The Corcoran Group

Last Buyer's Agent

Courtney Knopf

The Corcoran Group License #3381744 Listed on: 10/22/2019

The Corcoran Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $71,694

Year Built

  • Built in 2002

Lot Details

  • 0.44 Acre Lot
  • 117 Feet of Waterfront
  • Ocean Front
  • Fenced
  • Corner Lot
  • Sprinkler System
  • Property is zoned RM

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 6,421 Sq Ft Home
  • 3-Story Property
  • Furnished or left unfurnished upon request
  • Built-In Features
  • Ceiling Fan
  • Fireplace
  • Plantation Shutters
  • Blinds
  • French Doors
  • Entrance Foyer
  • Great Room
  • Family Room
  • Formal Dining Room
  • Den
  • Loft
  • Ocean Views

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Split Bedroom Floorplan
  • Walk-In Closet
  • In-Law or Guest Suite
  • Dual Sinks
  • Separate Shower in Primary Bathroom

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Security Lights
  • Impact Glass
  • Fire and Smoke Detector

Parking

  • Over 1 Space Per Unit
  • Driveway
  • Guest Parking
  • Open Parking

Outdoor Features

  • Heated Pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 12434616270000012

Community Details

Overview

  • Nassau Pk Rev Subdivision

Recreation

  • Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$71,694

Year Built

Built in 2002

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • 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: 2002
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Built-in Features, Dining Area, Separate/Formal Dining Room, Dual Sinks, Entrance Foyer, Eat-in Kitchen, French Door(s)/Atrium Door(s), Fireplace, Pantry, Split Bedrooms, Separate Shower, Walk-In Closet(s), Loft
  • Furnished: Negotiable
  • Appliances: Dryer, Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Washer
  • Full Bathrooms: 7
  • Half Bathrooms: 1
  • Total Bedrooms: 9
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Ceramic Tile, Wood
  • Living Area: 6421.0
  • Dining Room Type: Den, Family Room, Great Room, In-Law Suite, Loft, Storage Room
  • Stories: 3
  • Window Features: Blinds, Drapes, Impact Glass, Plantation Shutters

Exterior Features

  • Exterior Features: Balcony, Fence, Patio
  • View: Ocean
  • Road Frontage Type: Waterfront
  • Lot Features: Corner Lot, Sprinklers Automatic
  • Pool Features: Heated, Pool
  • Pool Private: Yes
  • View: Yes
  • Waterfront Features: Ocean Front
  • Waterfront: Yes
  • Disclosures: Historical
  • Construction Type: Block
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale
  • Roof: Composition, Shingle

Garage/Parking

  • Garage Yn: No
  • Open Parking: Yes
  • Parking Features: Driveway, Guest, Open, Two or More Spaces

Utilities

  • Security: Security System, Security Lights, Smoke Detector(s)
  • Cooling: Central Air, Ceiling Fan(s), Electric
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Non-Gated, Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Trail(s)
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616270000012
  • Lot Size Sq Ft: 19203.0
  • Zoning Description: RM
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2018
  • Tax Annual Amount: 71694.0

Multi Family

  • Number Of Units In Community: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2019
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
List Price
$11,999,000
Sold Price
$9,600,000
Premium/Discount to List
-$2,399,000
-19.99%
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
-$2,023,311
Avg. Annual Appreciation
-5.62%

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
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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
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
11/15/2021 11/15/21 Sold $9,600,000 -20.0% $1,495 / Sq Ft
10/16/2021 10/16/21 Pending -- -- --
10/22/2019 10/22/19 For Sale $11,999,000 0.0% $1,869 / Sq Ft
01/23/2018 01/23/18 Rented $45,000 +50.0% --
12/24/2017 12/24/17 Under Contract -- -- --
12/02/2017 12/02/17 For Rent $30,000 -- --
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

  • C

    Seller's Agent in 2021

    Courtney Knopf

    The Corcoran Group

    (561) 655-9081

    5 in this area

    34 Total Sales

    Courtney Knopf
    Section Image

  • P

    Seller's Agent in 2018

    Patrick Gunther

    The Corcoran Group

    (561) 628-1209

    12 in this area

    110 Total Sales

    Patrick Gunther
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10571694

BeachesMLS

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

Florida Palm Beach County Delray Beach 33483 Beachside Delray Beach

226 S Ocean Blvd, Delray Beach, FL

Not Listed for Sale

Detached

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