$1,210,000
SOLD NOV 14, 2016

248 NE 1st Ave Delray Beach, FL 33444

Downtown Delray Beach Neighborhood
5 Beds
3 Baths
2,724 Sq Ft
10,425 Sq Ft Lot

Recently Sold

$444 Per Sq Ft

10% Below List Price

164 Days on Market

Highlights

  • Room in yard for a pool
  • Wood Flooring
  • Mediterranean Architecture
  • Vaulted Ceiling
  • Garden View
  • Corner Lot

About This Home

As of August 2025

Historic 1926 ''Bankers Row'' Mediterranean Revival designed by renowned Architect Samuel Ogren. Villa Abrigo (House of Comfort) features all of the Addison Mizner style with elaborate columns, arched openings, pecky-cypress wood beamed ceilings, ceramic-tile roofs and outdoor loggias. The main house offers 4BR/2BA plus a 1BR/1BA detached cottage with over 540 sqft of living. Lushly landscaped and privately fenced grounds provide a tranquil setting showcasing the brick pavered court-yard,loggia and fountain areas. A rare opportunity to live, work and recreate within in walking distance to all of downtown Delray Beach's charming shops and award winning restaurants.

Last Agent to Sell the Property

Erik Ring

Douglas Elliman License #3051179 Listed on: 05/03/2016

Douglas Elliman

Last Buyer's Agent

Danielle Posillico

Coldwell Banker License #3287892

Coldwell Banker

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,052

Year Built

  • Built in 1926

Lot Details

  • 10,425 Sq Ft Lot
  • Corner Lot
  • Property is zoned OSSHAD

Parking

  • Over 1 Space Per Unit

Home Design

  • Mediterranean Architecture
  • Frame Construction

Interior Spaces

  • 2,724 Sq Ft Home
  • 2-Story Property
  • Vaulted Ceiling
  • Fireplace
  • French Doors
  • Entrance Foyer
  • Garden Views

Kitchen

  • Gas Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

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

Laundry

  • Dryer
  • Washer

Home Security

  • Home Security System
  • Fire and Smoke Detector

Outdoor Features

  • Room in yard for a pool
  • Balcony
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Community Details

  • Delray Town Of Subdivision, Villa Abrigo Floorplan

Listing and Financial Details

  • Assessor Parcel Number 12434616010660091

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,052

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Prop. Type: Residential
  • Property Sub Type: Single Family Residence
  • Property Sub Type Additional: Single Family Residence
  • Directions: Swinton Ave 1 blk north of Atlantic right on NE 1st ST then left on NE 1st Ave. North to house on left side corner.
  • Year Built: 1926
  • Architectural Style: Mediterranean
  • Year Built Details: Resale
  • Special Features: VirtualTour

Interior Features

  • Interior Amenities: Entrance Foyer, French Door(s)/Atrium Door(s), Fireplace, Vaulted Ceiling(s), Walk-In Closet(s)
  • Furnished: Unfurnished
  • Appliances: Dryer, Dishwasher, Electric Water Heater, Disposal, Gas Range, Ice Maker, Microwave, Washer
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Fireplace: Yes
  • Flooring: Tile, Wood
  • Living Area: 2724.0
  • Dining Room Type: In-Law Suite
  • Stories: 2

Exterior Features

  • Exterior Features: Balcony, Patio, Room For Pool
  • View: Garden
  • Lot Features: Corner Lot, < 1/4 Acre
  • Pool Features: None
  • Pool Private: No
  • Waterfront: No
  • Construction Type: Frame
  • Patio And Porch Features: Balcony, Open, Patio
  • Property Condition: Resale

Garage/Parking

  • Garage Yn: No
  • Parking Features: Two or More Spaces

Utilities

  • Laundry Features: Washer Hookup, Dryer Hookup
  • Security: Security System, Smoke Detector(s)
  • Cooling: Central Air
  • Cooling Y N: Yes
  • Heating: Central, Electric
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights, Sidewalks
  • Senior Community: No
  • Amenities: Other
  • Association Fee Frequency: Monthly
  • Pets Allowed: Yes

Lot Info

  • Parcel #: 12434616010660091
  • Lot Size: 75.0 ft x 0.0 ft
  • Lot Size Sq Ft: 10425.0
  • Zoning Description: OSSHAD
  • ResoLotSizeUnits: SquareFeet

Tax Info

  • Tax Year: 2015
  • Tax Annual Amount: 9052.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 16, 2025
Closed on
Aug 6, 2025
Sold by
Derrickson Stephen and Derrickson Laura
Bought by
Dana L Delaney Separate Property Trust and Delaney
Seller's Agent
Laura Derrickson
Keller Williams Coastal Partners
Buyer's Agent
Vicky Sinni
Illustrated Properties
List Price
$3,250,000
Sold Price
$2,500,000
Premium/Discount to List
-$750,000
-23.08%
Views
11

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
895.12%

Purchase Details

Listed on
Mar 30, 2021
Closed on
Jun 3, 2021
Sold by
Bridgewell Capital Llc
Bought by
Derrickson Stephen and Derrickson Laura
Seller's Agent
ANTHONY GUADALUPE
Non Member Listing Office
Buyer's Agent
Laura Derrickson
Keller Williams Coastal Partners
List Price
$1,300,000
Sold Price
$1,400,000
Premium/Discount to List
$100,000
7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.88%

Purchase Details

Closed on
Feb 4, 2021
Sold by
Villa Arrigo At Celeste Llc
Bought by
Bridgewell Capital Llc

Purchase Details

Listed on
May 3, 2016
Closed on
Nov 11, 2016
Sold by
Spector David A and Spector Vanessa M
Bought by
Villa Abrigo At Celeste Llc
Seller's Agent
Erik Ring
Douglas Elliman
Buyer's Agent
Danielle Posillico
Coldwell Banker
List Price
$1,349,000
Sold Price
$1,210,000
Premium/Discount to List
-$139,000
-10.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.43%
Original Mortgage
$1,007,500
Interest Rate
4.08%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jun 5, 2015
Sold by
Spector David A and Spector Vanessa M
Bought by
Spector David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
3.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 15, 2009
Sold by
Nolan James C and Nolan Wendy J
Bought by
Spector David A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
5.18%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Bush Everitt Cynthia and Everitt John
Bought by
Nolan James C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
7.18%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 7, 1997
Sold by
Cynthia Bush-Leeds Tr
Bought by
Bush-Leeds Cynthia K
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Warranty Deed $2,500,000 Coastal Home Title Llc
Warranty Deed $1,400,000 Attorney
Trustee Deed $1,000,100 None Available
Warranty Deed $1,210,000 Mellinger Title Svcs Llc
Interfamily Deed Transfer -- None Available
Warranty Deed $550,000 Corporate Title Inc
Quit Claim Deed -- Corporate Title Inc
Warranty Deed $560,000 --
Quit Claim Deed $100 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,360,000 Future Advance Clause Open End Mortgage
Previous Owner $1,007,500 Stand Alone First
Previous Owner $750,000 Balloon
Previous Owner $417,000 New Conventional
Previous Owner $100,000 Credit Line Revolving
Previous Owner $417,000 Purchase Money Mortgage
Previous Owner $116,600 Credit Line Revolving
Previous Owner $50,000 Credit Line Revolving
Previous Owner $300,700 Purchase Money Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2025 08/06/25 Sold $2,500,000 -23.1% $918 / Sq Ft
07/24/2025 07/24/25 Pending -- -- --
06/29/2025 06/29/25 For Sale $3,250,000 +132.1% $1,193 / Sq Ft
06/03/2021 06/03/21 Sold $1,400,000 +7.7% $415 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
03/30/2021 03/30/21 For Sale $1,300,000 +7.4% $386 / Sq Ft
11/14/2016 11/14/16 Sold $1,210,000 -10.3% $444 / Sq Ft
10/15/2016 10/15/16 Pending -- -- --
05/03/2016 05/03/16 For Sale $1,349,000 -- $495 / 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 $35,957 $1,852,629 -- --
2023 $32,882 $1,684,208 $978,500 $796,869
2022 $30,240 $1,531,098 $0 $0
2021 $23,755 $1,156,979 $600,000 $556,979
2020 $23,134 $1,116,822 $525,000 $591,822
2019 $22,755 $1,128,905 $500,000 $628,905
2018 $19,869 $966,297 $476,369 $489,928
2017 $18,555 $883,378 $393,693 $489,685
2016 $8,822 $439,823 $0 $0
2015 $9,052 $436,766 $0 $0
2014 -- $433,300 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Laura Derrickson

    Seller's Agent in 2025

    Laura Derrickson

    Keller Williams Coastal Partners

    (561) 571-5055

    2 in this area

    22 Total Sales

    Laura Derrickson
    Section Image

  • C

    Seller Co-Listing Agent in 2025

    Connor Kenney

    Keller Williams Coastal Partners

    (508) 397-6443

    1 in this area

    2 Total Sales

    Connor Kenney
    Section Image
  • Vicky Sinni

    Buyer's Agent in 2025

    Vicky Sinni

    Illustrated Properties

    (954) 494-9640

    5 in this area

    33 Total Sales

    Vicky Sinni
    Section Image
  • ANTHONY GUADALUPE

    Seller's Agent in 2021

    ANTHONY GUADALUPE

    Non Member Listing Office

    (917) 945-1240

    4 in this area

    2,023 Total Sales

    ANTHONY GUADALUPE
    Section Image
  • Erik Ring

    Seller's Agent in 2016

    Erik Ring

    Douglas Elliman

    (561) 441-6880

    2 in this area

    80 Total Sales

    Erik Ring
    Section Image
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Map

Source: BeachesMLS

MLS Number: R10231468

BeachesMLS

APN: 12-43-46-16-01-066-0091

Florida Palm Beach County Delray Beach 33444 Downtown Delray Beach

248 NE 1st Ave, Delray Beach, FL

This home is located at 248 NE 1st Ave, Delray Beach, FL 33444 and is currently priced at $1,210,000, approximately $444 per square foot. This property was built in 1926. 248 NE 1st Ave is a home located in Palm Beach County with nearby schools including Plumosa School of the Arts, Carver Middle School, and Atlantic High School.

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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